New Risk • Aug 16
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.7m free cash flow). Share price has been highly volatile over the past 3 months (27% average weekly change). Earnings have declined by 67% per year over the past 5 years. Shareholders have been substantially diluted in the past year (79% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$56.1m market cap, or US$40.4m). 실시간 뉴스 • Jul 07
Deep Sea Minerals Signs MOU to Assess Autonomous Nodule Collection With Impossible Metals Deep Sea Minerals signed a Memorandum of Understanding with Impossible Metals to evaluate autonomous robotic technology for selective collection of polymetallic nodules in offshore critical minerals areas.
The MOU sets out cooperation on technology deployment, environmental monitoring and potential evaluation of commercial harvesting within prospective exploration licence areas, aligning the project with lower-impact approaches to seabed resource development.
Deep Sea Minerals shares last traded at CA$1.14; the stock is up more than 7x year to date, while the past month has seen a decline of 34.9%.
This agreement places Deep Sea Minerals alongside a specialist robotics partner at the evaluation stage, which could influence how its future projects address both operational efficiency and environmental scrutiny, and may shape how investors weigh technological and regulatory risks in the story. 공고 • Jun 26
Deep Sea Minerals Corp. Appoints Jeremy Perez, CPA, as an Additional Independent Director of the Company, Effective June 25, 2026 Deep Sea Minerals Corp. announced the appointment of Jeremy Perez, CPA, as an additional independent director of the Company, effective June 25, 2026. Mr. Perez will serve as Chair of the audit committee of the Company’s board of directors. The Company reconstituted the audit committee of its board of directors as follows: Jeremy Perez, Chair, Geoff Balderson, and Anthony Zelen. Jeremy Perez is a Chartered Professional Accountant with over 15 years of experience in public audit and assurance, bringing deep expertise in the capital markets and junior resource sectors to the board of Deep Sea Minerals Corp. Mr. Perez has worked at leading public accounting firms, including Deloitte and Crowe MacKay LLP, gaining broad experience across private and public companies of all sizes, including entities listed on the NYSE, TSX Venture Exchange, Canadian Securities Exchange and OTCBB, with a particular focus on the junior mining, clean technology, and technology, media and telecom sectors. Throughout his career, Mr. Perez has developed a strong track record in complex technical accounting matters under IFRS, U.S. GAAP and ASPE. Through his extensive experience with financial reporting requirements, Mr. Perez brings a deep understanding of the continuous disclosure requirements applicable to publicly listed entities. Mr. Perez holds a Bachelor of Social Sciences with a major in Economics and a minor in Business from the University of Victoria and obtained his CPA designation through the Chartered Professional Accountants of British Columbia. 공고 • Jun 02
Deep Sea Minerals Corp. Achieves Substantial Compliance Determination from NOAA Under Dshmra for Seabed Mineral Concessions Deep Sea Minerals Corp. announced that the National Oceanic and Atmospheric Administration (NOAA) has determined that the Company's application submitted under the Deep Seabed Hard Mineral Resources Act (DSHMRA) is in substantial compliance with applicable U.S. regulatory requirements. The determination represents an important milestone in the federal review process governing exploration and commercial recovery activities for polymetallic nodules in areas beyond national jurisdiction. NOAA administers the DSHMRA framework for U.S. companies seeking authorization for deep seabed mineral activities. This marks a significant step forward for Deep Sea Minerals and reinforces our commitment to advancing responsible, science-based development of critical mineral resources, said James Deckelman, Chief Executive Officer of Deep Sea Minerals. We believe the United States is increasingly recognizing the strategic importance of secure and diversified critical mineral supply chains, and we are proud to be participating in that emerging framework. The Company believes this milestone positions Deep Sea Minerals as one of only three publicly traded or public-market pathway companies to have received a NOAA substantial compliance determination under the DSHMRA regulatory process. NOAAs determination of substantial compliance confirms that the Companys application contains the information required to advance through the federal review process, representing a significant milestone in the Companys strategy to participate in the emerging U.S. critical mineral supply chain. The determination does not constitute a decision regarding certification of the application or the issuance or transfer of any license or permit. Upon full application approval, The Companys seabed mineral concession spans approximately 150,000 km2 within the Pacific Ocean across offshore exploration blocks defined by geographic coordinates under NOAAs DSHMRA framework. The scale and strategic position of the concession area provide the Company with exposure to one of the larger U.S.-aligned seabed mineral land positions within the emerging deep sea critical minerals sector. Deep Sea Minerals continues to support a transparent and environmentally responsible approach to deep seabed mineral development, including ongoing scientific assessment, stakeholder engagement, and adherence to evolving regulatory standards. Polymetallic nodules found on the deep ocean floor contain critical minerals including nickel, cobalt, copper, and manganese, which are essential inputs for electrification, energy infrastructure, defense applications, and advanced manufacturing technologies. 공고 • Jun 01
Deep Sea Minerals Corp., Annual General Meeting, Jul 28, 2026 Deep Sea Minerals Corp., Annual General Meeting, Jul 28, 2026.