Ocean Sciences LtdASX: OSS

Ocean Sciences secures commitments for $700,000 Placement

· Issued by Ocean Sciences Ltd via ASX

Filed with ASX · · 3 pages · English

Summary by 6ix AI

Ocean Sciences Ltd has secured firm commitments for a private placement to raise funds before costs through the issuance of shares and options. The proceeds from this placement will be used to support the expansion of Indonesian seaweed operations and various development initiatives. The company plans to issue loyalty options to existing shareholders within a few months following the placement. Sanlam Private Wealth Pty Ltd has been appointed as the lead manager for this placement, with a success fee based on the funds raised.

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

Release

Ocean Sciences Ltd | ASX: OSS | 4 November 2026 Ocean Sciences secures ?rm commitments for $700,000 Placement Highlights • Ocean Sciences receives ?rm commitments from investors to raise $700,000 before costs through a private placement at $0.011 per share. • Placement participants will receive...

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