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

January 6, 2017 TSX Venture Exchange: FEO

PRESS RELEASE

ALAN GORMAN RESUMES ROLE AS PRESIDENT AND CEO OF OCEANIC

Montréal, QC - Oceanic Iron Ore Corp ("Oceanic" or the "Company") announced today that Alan Gorman, has resumed his role as President and CEO of the Company effective January 6, 2017.

Mr. Gorman had taken a temporary leave of absence for health reasons effective December 15, 2016.

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

On behalf of the Board of Directors

"Steven Dean"

Executive Chairman

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.

For additional information contact: Chris Batalha

CFO and Corporate Secretary +604.566.9080

Oceanic Iron Ore Corp. published this content on 11 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 11 January 2017 18:38:06 UTC.

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