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Oceanus Commences Trading in the US on the OTCQB and Appoints New Director

Management Changes Listings & Exchange

NEWS RELEASE

Oceanus Commences Trading in the US on the OTCQB

and Appoints New Director

HALIFAX, NOVA SCOTIA – January 18, 2017 – Oceanus Resources Corporation (TSXV:OCN and

OTCQB:OCNSF) ("Oceanus" or the “Company”) is pleased to announce that its common shares recently

commenced trading on the OTCQB, a US interdealer quotation system, under the symbol OCNSF. Real-

Time Quote Display Service for OCNSF is available at: http://www.otcmarkets.com/stock/OCNSF/quote.

The Company’s common shares will also continue to trade on the TSX Venture Exchange under its

trading symbol OCN.

OTC Markets Group Inc., located in New York, N.Y., operates the world’s largest electronic inter-dealer

quotation system. It offers transparent trading to de velopment stage companies that have met a minimum

bid price test, are current in their financial re porting and have undergone an annual verification and

management certification process.

In connection with the OTCQB listing, Oceanus secured DTC eligibility with the Depository Trust

Company for its shares on the OTCQB. The Depository Trust Company (DTC) is a subsidiary of the

Depository Trust & Clearing Corp. and manages the elect ronic clearing and settlement of publicly traded

companies. Securities that are eligible to be el ectronically cleared and settled through the DTC are

considered DTC eligible. This electronic method of clearing securities speeds up the receipt of stock and

cash, and thus generally accelerates the settlement process for investors.

Oceanus also announces that Mr. Wade Anderson has been appointed to the board of directors of

Oceanus. Mr. Anderson is a Chartered Professional Ac countant, business advisor and investor. He is

currently practicing with Dylke and Company in Edm onton, Alberta, a firm specializing in professional

accounting and advisory services to privately held bu siness interests in Western Canada. Mr. Anderson

served as a director of El Tigre Silver Corporation (TSXV:ELS) from 2007 to 2015 and has served as a

director for a number of privately held corporations in the agribusiness and mining sectors.

The board of directors of Oceanus has approved th e issuance of 100,000 stock options to Mr. Anderson

and 25,000 stock options to another director. The st ock options have an exercise price of 23 cents per

common share.

About Oceanus Resources Corporation

Oceanus Resources Corporation is a gold exploration company operating in Mexico. Oceanus is managed

by a team of mine finders with extensive experien ce in exploring and developing large hydrothermal gold

projects in Mexico. Oceanus is currently drilling and exploring the El Tigre Property in the Sierra Madre

Occidental in Sonora, Mexico.

For further information, please contact:

Glenn Jessome

President and CEO

902 492 0298

[email protected]

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.