Oceanic Iron Ore Strengthens Leadership Team with New CFO Appointment

## Oceanic Iron Ore Bolsters Executive Team Amid Growth Push Vancouver-based Oceanic Iron Ore Corp. (TSXV: FEO) has announced a series of strategic corporate moves aimed at strengthening its leadership structure and market presence, according to a company press release issued May 25, 2026. The mining and resources company, which holds iron ore assets with potential significance to bulk commodity shipping markets, has appointed Ms. Ashley Kates as Chief Financial Officer and Corporate Secretary, effective immediately. Kates steps into the role vacated by Mr. Gerrie van der Westhuizen, the outgoing CFO, whose transition marks a planned leadership handover as the company advances its development agenda. In tandem with the executive appointment, Oceanic has entered into an agreement with Constanta Capital to bolster its investor relations, marketing, and communications capabilities. The move signals the company's intent to raise its profile among institutional and retail investors as it progresses its iron ore projects. ### Relevance to Maritime Sector Oceanic Iron Ore's assets are of particular interest to the maritime industry given that iron ore remains one of the world's largest dry bulk shipping commodities by volume. Any advancement in project development timelines or financing could have downstream implications for bulk carrier demand, port infrastructure planning, and supply chain logistics in relevant trade corridors. The appointment of a dedicated CFO with accompanying investor relations support suggests the company is positioning itself for a more active capital markets phase, which could accelerate project milestones and, in turn, influence future shipping demand projections for iron ore tonnage. *Source: PR Newswire / Oceanic Iron Ore Corp. press release, May 25, 2026.*