Oceanic Wind Energy Inc. announced a non-brokered private placement of up to a maximum of 2,068,965 units at a price of CAD 0.145 per unit for gross proceeds of up to CAD 300,000.22 on July 8, 2021. Each unit shall consist of one common share in the capital of the company and one common share purchase warrant. Each warrant will be exercisable to acquire one share at an exercise price of CAD 0.20 for a period of one year from the date of issuance. The transaction may involve participation from The transaction will be offered to accredited investors. A finders fee may be paid pursuant to the policies. Completion of the offering remains subject to the approval of the exchange. All securities issued under the offering will be subject to a four month plus one day statutory hold period.