Oceanic Wind management commentary says Q3 ended June 30, 2026 loss narrows as compensation costs fall

• Oceanic Wind Energy management commentary flagged a net loss of $85,283 for the three months ended June 30, 2026.
• Project, general and administrative expenses totaled $102,081, driven mainly by higher public and community relations tied to First Nations consultations.
• Spending also reflected government relations work, broader project awareness efforts, professional fees, travel, consulting, and lower compensation expense.
• Cash fell to $254,737 at June 30, 2026 from $677,985 at Sept. 30, 2025; working capital declined to $207,117 from $466,956.
• Management linked the company’s outlook to securing additional financing while advancing the Hecate Strait offshore wind project and partnership discussions.

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