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Oceana’s Serra Negra acquisition unlocks the next drilling phase

9:10am on Monday 19th of October, 2026 AEDT • Mining
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Oceana’s Serra Negra acquisition unlocks the next drilling phase

9:10am on Monday 19th of October, 2026 AEDT
Key Points
  • 100% acquisition of Serra Negra completed on 16 October
  • US$2.95 million cash and 15.54 million Oceana shares issued
  • Four rigs advancing an approximately 20,000-metre drilling program
  • ANM amendments for two mining rights remain pending until expected Q1 2027
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