Ocean Shore Capital Corp. announced a non-brokered private placement of up to 3,000,000 common shares at a price of CAD 0.10 per share for gross proceeds of up to CAD 300,000 on April 28, 2022. The company intends to pay finder's fees of up to 2% in cash in connection with the transaction.

Completion of the transaction is subject to final TSX Venture Exchange approval, and all securities issued pursuant to the transaction will be subject to a hold period of four months and one day as required under applicable securities legislation.