Oceanic Appoints Jeremy Langford as Director; Grants Stock Options

Press Release

April 23, 2026

Vancouver BC – Oceanic Iron Ore Corp. (TSXV – FEO) (“Oceanic”, or the “Company”) is pleased to announce the appointment of Mr. Jeremy Langford to the board of directors of the Company.

Jeremy Langford is an interna onally recognized mining execu ve with more than 20 years of experience successfully designing, building, commissioning and opera ng large-scale mining projects around the world. He currently serves as President of Artemis Gold Inc., where he recently led the development and construc on of the Blackwater Mine in Bri sh Columbia—one of the largest new mine builds in Canada in recent years—successfully delivering the project through construc on to first gold produc on in 2025.

Mr. Langford has built a reputa on for successfully advancing complex greenfield mining projects into producing opera ons on me and on budget. Importantly, he has direct opera ng experience in cold-weather jurisdic ons, providing prac cal insight into the technical and logis cal considera ons associated with large-scale mining projects in northern climates. He successfully led the la er stage development ac vi es at the Sydvaranger Gruve Brownfields Iron Ore Project, located in Kirkenes, Norway.

Mr. Langford began his career as an engineer with the Royal Australian Navy. He holds an Honours Degree in Mechanical Engineering and is a Fellow of the Australian Ins tute of Mining and Metallurgy (FAusIMM) and the Ins tu on of Engineers Australia (FIEAust).

Resigna on of Cathy Chan from the Board of Directors

Concurrent with the appointment of Mr. Langford to the Board of Directors of the Company, Ms. Cathy Chan has resigned as a director of the Company.

Steven Dean, Chairman said: “We are delighted to have someone of Jeremy’s calibre join the Company as a non-execu ve director. His exper se in construc on and opera ons management will be an enormous asset to the Company, and specifically to the development of the Hopes Advance Project. Par cularly, his experience in leading the design, engineering and construc on of several mines on me and on budget over the last 25 years as well as his experience in cold weather climate mines will serve to benefit the Company materially.

I would also like to extend my thanks to Cathy Chan for her years of service on the board of Oceanic and wish her well in her future endeavours.”

Gran ng of Stock Op ons

The Company also announces the gran ng of 2,688,000 stock op ons, pursuant to the Company’s Stock Op on Plan, to directors, officers and consultants of the Company (the “Op ons”). The Op ons are exercisable at a price of $0.77 per share (based on the closing price on April 23, 2026) for a period of 5 years from the date of grant.

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

On behalf of the Board of Directors

“Steven Dean”

Chairman

Tel: 604 200 6094

Fax: 604 566 9081

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