Oceana metals Limited
AASX:OCN0.30
AUD
+0.01
(+1.72%)
Oceana metals Limited
ASX:OCN
(Australian Securities Exchange)
Recent
price
0.30
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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- Business
- Oceana Metals Limited, formerly Oceana Lithium Limited (ASX:OCN), is an Australia-based mineral exploration and development company focused on the discovery and delineation of lithium pegmatite deposits and associated critical minerals for battery storage and electric vehicle applications; its principal activities encompass lithium exploration through advanced geophysical surveys, drilling programs, and resource evaluation. The company holds 100% interests in the flagship Solonopole lithium project comprising 10 exploration permits covering 124 square kilometers in Ceara State, northeastern Brazil; the Napperby lithium project including a granted exploration license over 650 square kilometers and a pending application for 512 square kilometers in Australia's Northern Territory; and the Monaro lithium project spanning 207 mineral claims across 104.4 square kilometers in Quebec, Canada. Incorporated in 2021 and headquartered at 99 St Georges Terrace, West Perth, Australia, Oceana Metals operates across tier-1 mining jurisdictions in Brazil, Australia, and Canada, targeting high-grade spodumene-bearing pegmatites with potential extensions to base metals, rare earths, and tantalum at select sites. In recent developments, the company completed a name change to Oceana Metals Limited in December 2025 to reflect broader critical minerals focus; appointed experienced resources executive Michael (Mick) Wilson as Managing Director and geologist Samuel (Sam) Brooks as a director in November 2025 to drive exploration growth; secured shareholder approval for a 10% placement facility, new employee incentive plan, and constitutional updates at its November 2025 annual general meeting; and issued options to consultants in May 2025 to support strategic initiatives amid ongoing field programs at Monaro and Solonopole.