BlueOcean NutraSciences closes non-brokered private placement

December 12, 2016

On December 12, 2016, BlueOcean NutraSciences Inc. (TSXV: BOC) announced the final tranche closing of its previously-announced non-brokered private placement, having issued 21,596,496 units in total and having raised gross proceeds of $2,483,597.

BlueOcean is a Canadian company that is focused on developing sustainable, specialty nutraceutical oil products targeted at the rapidly growing Natural Astaxanthin, Omega-3 and Algal oil health and wellness markets.

Alex Lalka of Miller Thomson advised BlueOcean with respect to this transaction.