DEEP SEA MINERALS CORP. SIGNALS INTENT TO PROCEED WITH LICENSE APPLICATION IN ACCORDANCE WITH U.S. NOAA PROCESS

Executive Summary

• Deep Sea Minerals Corp. announced the initiation of formal engagement with the U.S. National Oceanic and Atmospheric Administration (NOAA) to pursue deep‑seabed mineral resource development under U.S. regulatory requirements.
• The company plans to submit a comprehensive application to NOAA, marking a key procedural step toward advancing its critical mineral projects within the United States jurisdiction.
• CEO James Deckelman emphasized the commitment to responsible development and indicated that further updates will be provided as the application process progresses.

Key Details

• Engagement Initiated: Formal discussions begun with NOAA regarding compliance with U.S. deep‑seabed mining regulations.
• Application Intent: Deep Sea Minerals intends to file a comprehensive application meeting all NOAA regulatory requirements for seabed mineral development.
• Strategic Significance: Represents an important procedural milestone in the company’s plan to position its critical mineral assets within the U.S. regulatory framework.
• CEO Statement: “This is a clear demonstration of commitment to our operational plan… We look forward to engaging constructively with NOAA throughout the application and review process.” – James Deckelman, CEO.
• Future Updates: The company will provide additional information as the NOAA review and approval process advances.

Notable Quotes

“This is a clear demonstration of commitment to our operational plan, specifically to position the company in high‑quality critical mineral assets within the United States regulatory framework.” – James Deckelman, Chief Executive Officer.