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Oceanus Appoints Glenn Jessome as President and Chief Executive Officer

12.09.2014  |  The Newswire


HALIFAX, NOVA SCOTIA / TNW-ACCESSWIRE / September 12, 2014 / Oceanus Resources Corp. (TSXV:OCN) ("Oceanus" or the "Company") is pleased to announce the appointment of Glenn Jessome, JD, MBA as President and Chief Executive Officer.

Mr. Jessome is a founding shareholder of Oceanus and oversaw the listing of the Company on the TSX Venture Exchange. Mr. Jessome has spent his career working as a securities lawyer in Halifax, Nova Scotia. Mr. Jessome has extensive experience in the capital markets, mainly in the resource sector.

Glenn Holmes, the CFO of Oceanus, will replace Glenn Jessome as Corporate Secretary of the Company.

Oceanus also announces that Richard Gordon, previously President and CEO of the Company, remains as Chairman of the Board of Directors.

About Oceanus Resources Corporation

Oceanus Resources Corp. is a gold exploration company run by a team of experienced mine finders that have successfully raised $6.4 million over the past 18 months. Oceanus is advancing the La Lajita Property located in the Sierra Madre Gold and Silver Belt near Durango, Mexico where it has discovered a high grade "clavos" (Santo Nino Zone) carrying visible gold. The highlight result from the 2013 drill program was 7.1 grams per tonne gold and 48.8 g/t silver over a core length of 20 meters, including 18.9 g/t gold and 71.3 g/t silver over a core length of 6.5 meters, in diamond drill hole OCN-13-005. The Company recently completed a 3,000 meter drilling program at La Lajita to define the high grade clavos at Santo Nino along with a nearby clavos at the Dos Hermanos Zone. Results from the 2014 drill program are pending.

At La Lajita, seven epithermal, low-sulphidation gold and silver prospects with considerable hematite and silica alteration are hosted along NW-SE trending fault/breccia structures traced over a strike length of 3 kilometers and to a depth of 150 meters. One of these prospects, Mina la Guadalupe, has gold mineralization exposed for 200 meters on surface in numerous small scale workings, and in one significant underground working, where the miners drifted in the high-grade gold mineralization 120 meters along strike.

For further information, please contact:

Glenn Jessome

President and CEO

(902) 482-4494

jessome@oceanusresources.ca

CAUTIONARY STATEMENT:

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

(Not for distribution to US wire services or for dissemination in the United States of America)

Copyright (c) 2014 TheNewswire - All rights reserved.


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