Deep Sea Minerals changes name from Copperhead

Executive Summary

• Deep Sea Minerals Corp. has officially completed its name change to "Deep Sea Minerals Corp." (formerly Deep Seas) and changed its stock symbol to "SEAS" on the Canadian Securities Exchange (CSE), effective immediately.
• The company is pivoting its strategic focus toward deep-sea critical minerals exploration, aligning with U.S. national security priorities and the energy transition.
• Management highlights recent favorable shifts in U.S. policy, including the Trump Administration’s Executive Order directing NOAA to expedite deep-seabed mining permits and a new hydrographic survey off American Samoa, positioning the company to capitalize on these regulatory changes.

Key Details

• Name and Symbol Change: The company’s common shares began trading under the new symbol SEAS and the new name Deep Sea Minerals Corp.
• Identifiers:
  • New CUSIP: 24378A 10 1
  • New ISIN: CA 24378A 10 1 2
• Strategic Focus: The rebranding reflects a core focus on establishing a leading position in the deep-sea critical minerals exploration sector, specifically targeting polymetallic nodule systems relevant to defense, clean energy, and AI supply chains.
• U.S. Policy Context:
  • Executive Order 14285: The Trump Administration’s April 2025 Executive Order directed NOAA to expedite mining permits under the Deep Seabed Hard Minerals Resource Act of 1980 and establish a permitting process for the U.S. Outer Continental Shelf.
  • Regulatory Framework: A consolidated framework for exploration licenses and commercial recovery permits is now in effect, aiming to accelerate the path for U.S. underwater mining companies.
  • Hydrographic Survey: On Jan. 22, 2026, NOAA announced a 30,000-plus-square-nautical-mile hydrographic survey off American Samoa, beginning in February 2026, as part of the U.S. offshore critical minerals mapping plan.
• Operational Status: 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.
• Future Outlook: The company intends to develop a framework for capital deployment in the sector to enhance shareholder value, leveraging the alignment with U.S. supply chain independence and national security imperatives.

Notable Quotes

• "The change of company direction positions our shareholders in an emerging sector with significant asymmetric value potential. This repositioning closely aligns our business with U.S. supply chain independence and national security imperatives." — James Deckelman, Chief Executive Officer