Oceana metals LimitedASX: OCN

Completion of Serra Negra Project Acquisition

· Issued by Oceana metals Limited via ASX

Filed with ASX · · 6 pages · English

Summary by 6ix AI

All conditions precedent for the acquisition have been satisfied or waived, allowing for immediate progress on the project, including a significant drilling program. The company is well-funded and has initiated a drilling program aimed at establishing a maiden Mineral Resource Estimate. Future activities include re-assaying historical drill cores and conducting geophysical surveys to support exploration efforts.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

Release

19 October 2026 Serra Negra Rare Earths Project, Brazil Oceana completes acquisition of the world-scale Serra Negra Project Four rigs drilling in preparation for a maiden Resource HIGHLIGHTS • Oceana has completed the acquisition of 100% of Songeo Mineração S.A. (“Songeo”), which holds...

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