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Trading symbol: TSX-V: OCN
Shares Issued: 14,425,000
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
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For further information:
Richard Gordon, President, Oceanus Resources Inc., T: 902 491-4272, F: 902 446-2001