Ste. 700 – 1000 Sherbrooke West
Ste. 3083 – 595 Burrard Street Ste. 700 – 1000 Sherbrooke West Montréal, QC H3A 3G4 Vancouver, BC V7X 1L3 Tel: 514.289.1183 Tel: 604 566 9080 Fax: 604 566 9081 Fax: 514.289.1188
December 12, 2012 TSX Venture Exchange: FEO OTCQX : FEOVF
PRESS RELEASE
OCEANIC IRON ORE CORP. ANNOUNCES RECEIPT OF GUIDELINES FROM CANADIAN ENVIRONMENTAL ASSESSMENT AGENCY
Vancouver, BC, December 11th, 2012 - Oceanic Iron Ore Corp. (“Oceanic”, or the “Company”) announces that it has received environmental impact statement guidelines for the Hopes Advance project from the Canadian Environmental Assessment Agency (the “Agency”). The guidelines are the next step in the federal process subsequent to the acceptance of project description by the Agency as announced by the Company on August 28th, 2012. Receipt of the guidelines, in accordance with the 2012 Environmental Assessment Act, provides the framework upon which additional environmental assessment work will be undertaken by the Company.
Alan Gorman, President and COO commented “This is another progressive step in advancing the Hopes Advance Project to permitting and construction and is in keeping with our overall schedule.”
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
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.