Oceanic Iron Ore Corp. announced that Alan Gorman has resigned as President, CEO and Director of the company to pursue other interests. The company also announces that Mr. Bing Pan, formerly a consultant to the company, and an ongoing key contributor to the company, has accepted the position of Interim CEO.

Mr. Pan is the senior partner of Sinocan Consultant Hong Kong Limited. Mr. Pan has over 20 years of experience in corporate strategy, business development, consulting & advisory services in the technology, alternative energy, carbon credit and natural resources industries in China and North America. Mr. Pan has served as a director of the board of TSXV listed Cadillac Ventures and as an advisor of the board of TSXV listed Northern Freegold.