Oceanus Resources Corporation closes $250,000 private placement
HALIFAX, April 25, 2012 /CNW/ - Oceanus Resources Corporation ("Oceanus") announced that it has closed a $250,000 non-brokered private placement and will issue one million common shares at a price of $0.25 per common share.
All the common shares issued pursuant to this private placement are subject to a mandatory hold period of four months. The proceeds from the private placement will be used for general corporate purposes and the identification of mineral properties.
About Oceanus Resources Corporation
Oceanus Resources Corporation (TSX-V: OCN) is a precious metals junior exploration company, whose corporate strategy is to build shareholder value through the exploration and development of economically viable mineral properties in North America. For more information visit: www.oceanusresources.ca
NEITHER THE TSX VENTURE EXCHANGE, NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED UNDER THE POLICIES OF THE EXCHANGE) ACCEPTS RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
For further information:
Richard Gordon, President
Oceanus Resources Inc.
T: 902 441-6700
F: 902 446-2001
http://www.oceanusresources.ca