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Deep Sea Minerals Corp. Provides Corporate Update
Deep Sea Minerals Corp. plans to use $4.2 million raised for early-stage exploration and development of critical minerals from polymetallic nodule systems, engaging Pacific regulators.
- Vancouver, BC, March 10, 2026 — Deep Sea Minerals Corp. updated its Listing Statement after raising $4,220,170 in an over‑subscribed private placement closed February 6, 2026.
- Because the financing increased available funds, the company revised planned allocations in its Listing Statement dated January 19, 2026, and began early-stage engagement with selected governments and regulatory bodies in the Pacific Ocean region.
- The Listing Statement's use‑of‑funds table shows $1,094,480 in planned items, including license and application fees $500,000, management fees $42,000, and transfer agent and regulatory fees $12,000.
- The company warned the release includes forward‑looking information subject to risks and uncertainties, cautioning investors these are not guarantees, no securities regulatory authorities approved it, and updates are only made if legally required.
- The Company retains broad discretion over use of available funds and cautions ultimate use might vary due to many internal and external factors.
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The Toronto Star+10 Reposted by 10 other sources
Deep Sea Minerals Corp. Provides Corporate Update
Vancouver, BC, March 10, 2026 (GLOBE NEWSWIRE) -- Deep Sea Minerals Corp. (CSE: SEAS) (OTCPK: DSEAF) (FSE: X45) ("Deep Sea" or the "Company") a subsea mineral exploration and development company
·Toronto, Canada
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Total News Sources11
Leaning Left8Leaning Right2Center1Last UpdatedBias Distribution73% Left
Bias Distribution
- 73% of the sources lean Left
73% Left
L 73%
R 18%
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