Oceanus Closes Private Placement

Oceanus_nr-2018-09-18

HALIFAX, NOVA SCOTIA – September 19, 2018 Oceanus Resources Corporation (TSXV:OCN and OTCQB:OCNSF) (“Oceanus” or the “Company”) has closed a non-brokered private placement raising $750,000 through the issuance of 5,769,227 units at a price of $0.13 per unit.  Each unit consists of one common share and one-half warrant of the Company (“Unit”). Every two one-half common share purchase warrants of the Company entitles the subscriber to acquire one common share of the Company for $0.17 for a period of twenty-four months from the closing date.  The Units issued pursuant to this private placement are subject to a 4 month hold period that expires on January 19, 2019.

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