Deep Sea Minerals Announces Proposed U.S. Listing and Public Offering

Vancouver, BC, Oct. 26, 2026 (GLOBE NEWSWIRE) -- Deep Sea Minerals Corp. (CSE: SEAS) (OTCQB: DSEAF) (FSE: X450) (“Deep Sea Minerals” or the “Company”), a subsea mineral exploration and development company focused on advancing critical mineral opportunities from the deep ocean, today announced the filing of a preliminary prospectus supplement (the “Supplement”) to its short form base shelf prospectus dated July 28, 2026 (the “Base Prospectus”), in connection with a proposed public offering in the United States and in certain other jurisdictions outside of Canada of its common shares, represented by American depositary  shares (“ADSs”) (each ADS offered is expected to represent 12 common shares of the Company) and warrants (the “ADS Warrants”) exercisable for ADSs (the “Offering”) in connection with the Company's proposed listing of the ADSs on a U.S. national securities exchange.