Deep Sea joins Defense Industrial Base Consortium

Executive Summary

• Deep Sea Minerals Corp. has been approved for membership in the U.S. Defense Industrial Base Consortium (DIBC), managed by Advanced Technology International on behalf of the U.S. Department of War.
• The company entered into a marketing services agreement with Capital Gain Media Inc. for a four-month period starting February 23, 2026, with a total compensation of $400,000 USD.
• The DIBC membership is viewed by management as a key milestone for advancing strategic initiatives to supply critical minerals for defense and industrial manufacturing.

Key Details

• DIBC Membership: Deep Sea Minerals Corp.'s application to the U.S. Defense Industrial Base Consortium (DIBC) was approved.
• DIBC Purpose: The consortium aims to expand and diversify the U.S. defense industrial base, enable private-sector partnerships with the U.S. government, provide non-dilutive financing for key contractors, and provide the government access to commercial solutions.
• Strategic Context: Critical metals are deemed essential for the U.S. defense industrial base, with government initiatives focused on onshoring domestic production capabilities and supply chains.
• Marketing Agreement: The company entered into a marketing services agreement with Capital Gain Media Inc. (CGM).
  • Term: Four months, commencing February 23, 2026.
  • Compensation: $400,000 (U.S.) paid to CGM.
  • Counterparty Details: CGM is located at 1111 West Hastings St., 15th floor, Vancouver, B.C. Principal contact is Graham Colmer. CGM and its principals are arm's length from the company.
• Company Strategy: Deep Sea Minerals focuses on evaluating opportunities for critical mineral supply through deep-sea assets, specifically polymetallic nodule systems relevant to defense, clean energy, and electronics.
• Regulatory Engagement: The company has commenced early-stage engagement with selected governments and regulatory bodies in the Pacific Ocean region to assess pathways for future exploration initiatives.

Notable Quotes

• "We are excited to have been accepted by DIBC and see obtaining our membership as a key milestone in our path to advancing our company's strategic initiatives," said James Deckelman, chief executive officer of Deep Sea. "We believe that our strategy and focus on supplying critical minerals through the responsible development of subsea mineral assets represents a strong opportunity for the DoW to quickly onshore domestic production capabilities of this critical metal, and we look forward to advancing these initiatives in partnership with the U.S."