Oceanus Signs Agreement with Mackie Research Capital


Halifax, Nova Scotia / TheNewswire / October 31, 2016 Oceanus Resources Corporation (TSXV:OCN) (“Oceanus” or the “Company”) is pleased to announce an agreement (the “Agreement”) with Mackie Research Capital Corporation (“Mackie”) to provide market making services to Oceanus in compliance with regulatory guidelines.  Mackie will provide market stabilization and liquidity services of the Oceanus shares on the TSX Venture Exchange.


In consideration for their services provided pursuant to the Agreement, Oceanus agrees to pay Mackie $3,000 per month.  The Agreement will continue in effect unless terminated by either party with a written notice of 30 days.  There are no performance factors contained in the Agreement and Mackie will not receive any shares or options from Oceanus as compensation for services it will render.  Oceanus and Mackie are unrelated and unaffiliated entities, but Mackie may provide investment banking services to Oceanus and Mackie and/or its clients may have an interest, directly or indirectly, in the securities of Oceanus.  The Agreement is subject to regulatory approval.


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