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    NKW.H   CA6752521006

OCEANIC WIND ENERGY INC.

(NKW.H)
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Oceanic Wind Energy : Announces Issuance of Shares for Service

07/19/2021 EDT

Vancouver, B.C. - July 19, 2021 - Oceanic Wind Energy Inc. (TSX-V: NKW) (the 'Company' or 'Oceanic Wind') today announced the quarterly issuance of shares to the Company's directors.

In connection with the board resolution to reduce the compensation of directors, as announced in a news release of January 14, 2016, the Company has issued a total of 71,875 common shares to its directors for the quarter ended June 30, 2021. All shares were issued at the closing share price for Wednesday, June 30, 2021 of $0.15.

Oceanic Wind is a British Columbia-based renewable energy company who has been developing an offshore wind project located off B.C.'s northwest coast, where the wind resource is one of the strongest and most consistent in the world.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information please contact:
Michael O'Connor, President & CEO
Tel: 604-631-4483
Email: info@oceanicwind.ca

Disclaimer

Oceanic Wind Energy Inc. published this content on 19 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2021 14:33:11 UTC.


© Publicnow 2021
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Financials
Sales 2020 - - -
Net income 2020 -0,56 M -0,45 M -0,45 M
Net cash 2020 0,03 M 0,02 M 0,02 M
P/E ratio 2020 -19,2x
Yield 2020 -
Capitalization 9,86 M 7,97 M 7,97 M
EV / Sales 2019 -
EV / Sales 2020 -
Nbr of Employees -
Free-Float 68,0%
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Managers and Directors
Michael J. O'Connor President, Chief Executive Officer & Director
Wilbur J. Lang Chief Financial Officer, VP-Finance & Accounting
Philip G. Hughes Chairman
David Rehn Independent Director
Joseph S. Houssian Independent Director