Oceanic Appoints VP of Shipping and Marine Services

Ste. 3083 – 595 Burrard Street Ste. 700– 1000 rue Sherbrooke W Montréal, QC H3A 3G4 Vancouver, BC V7X 1L3 Tel: 514 289 1183 Tel: 604 566 9080 Fax: 604 566 9081 Fax: 514 289 1188

June 04, 2013 TSX Venture Exchange: FEO OTCQX: FEOVF

PRESS RELEASE

OCEANIC APPOINTS VP OF SHIPPING AND MARINE SERVICES

Vancouver, BC, June 04, 2013 - Oceanic Iron Ore Corp. (“Oceanic”, or the “Company”) announces that it has appointed John B. Hall as VP of Shipping and Marine Services with immediate effect.

Mr. Hall possesses thirty five years experience in the field of industrial bulk transportation with relevant expertise in respect of ports, shipping, and transshipment approaches. He has an extensive network of contacts and business relationships in the industry and in the past has been employed by Canada Steamship Lines, Jebsens Group, and Skaarup at various management levels including President and CEO of Jebsens Canada.

Most recently, Mr. Hall spent six years working with Baffinland Iron Mines in respect of shipping, port, and marine logistics approaches and led the shipping component of the Mary River definitive feasibility study, as well as engineering related to the project’s port infrastructure. He has also recently worked with Severstal, Alderon Iron Ore, Dominion Terminal Services, Nucor Steel, Teck Corporation, and Coeclerici on similar mandates.

John will report to Alan Gorman, Oceanic’s president and COO to manage the Shipping Optimization Study currently being led by AMEC and in the coming months, he is expected to play a key role in the Company’s Feasibility Study, port design, transshipment design and logistics, and shipping contract tender processes.

Alan Gorman, President/ COO indicated: “John has considerable experience in all facets of marine logistics and shipping, particularly in northern climates, and adds significant “bench strength” to our project team. The addition is timely as John will take a lead role in managing the completion of the Shipping Optimization study with AMEC and certain industry participants, which is focused on optimizing and further refining the shipping approach and incremental shipping costs in respect of the Hopes Advance project.”

OCEANIC IRON ORE CORP. (www.oceanicironore.com)

On behalf of the Board of Directors

"Steven Dean"

Chairman and Chief Executive Officer +1 604 566 9080

For additional information contact:

Alan Gorman President COO + 1 514 289 1183

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.