Mr. Michael O'Connor reports
OCEANIC WIND RELEASES THIRD QUARTER FINANCIAL RESULTS
Oceanic Wind Energy Inc. has released its financial results for the third quarter ended June 30, 2025.
An overview of Oceanic's quarterly results includes:
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As at June 30, 2025, Oceanic had $143,133 in cash, compared with $13,448 at Sept. 30, 2024. On
Oct. 1, 2024 the company received proceeds of $550,000 from the sale of its subsidiary, NaiKun
Wind Development Inc., and will be receiving proceeds of $475,000 on each of the first and second
anniversary of the Oct. 1, 2024, closing of the transaction.
- For the three months ended June 30, 2025, Oceanic incurred a net loss of $110,833 (nil per
share), compared with a net loss of $100,402 (nil per share) for the three months ended June 30,
2024.
We seek Safe Harbor.
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