Odyssey Marine Exploration Expands Mineral Portfolio
Odyssey Marine Exploration, Inc. (OMEX)
US:NASDAQ Investor Relations:
ir.odysseymarine.com/investor-relations
Company Research
Source: GlobeNewswire
TAMPA, Fla., July 15, 2019 (GLOBE NEWSWIRE) -- Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a pioneer in the field of deep-ocean exploration, has acquired a 79.9% equity interest in Bismarck Mining Corporation (PNG) LTD (Bismarck) in exchange for 249,584 shares of Odyssey’s common stock. Bismarck’s primary asset is an exclusive exploration license covering approximately 320 square kilometers of subsea area containing at least five prospective exploration targets in two different mineralization types: seamount-related epithermal and modern placer gold. In connection with the acquisition by Odyssey, Bismarck and the seller entered into a royalty agreement that provides for Bismarck to pay the seller a 2.496% net smelter royalty on minerals mined from the license area. The license area is adjacent to Lihir Island in Papua New Guinea where one of the world’s largest known terrestrial gold deposits is currently being mined and processed by a major international mining company. The
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News
- Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Odyssey Marine Exploration Remains Focused on Addressing Global Critical Mineral Supply Challenges Through Ocean ExplorationBusiness Wire
- While institutions invested in Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) benefited from last week's 24% gain, retail investors stood to gain the most [Yahoo! Finance]Yahoo! Finance
OMEX
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form 10-Q
- 11/13/24 - Form 4
- OMEX's page on the SEC website