Brief: Odyssey Marine Exploration Expanding Mineral Asset Portfolio

Odyssey Marine Exploration

15/04/2019 16:05

April 15 (Reuters) - Odyssey Marine Exploration Inc
 OMEX.O :
    * ODYSSEY MARINE EXPLORATION EXPANDING MINERAL ASSET
PORTFOLIO
    * ODYSSEY MARINE EXPLORATION INC - ENTERED INTO A SHARE
PURCHASE
AGREEMENT WITH SEABED CAPITAL, LLC ON APRIL 9, 2019
    * ODYSSEY MARINE EXPLORATION - TO BUY SEABED'S CONTROLLING
INTEREST IN A CO THAT HOLDS A POTENTIALLY SIGNIFICANT SUBSEA
MINERAL DEPOSIT IN SOUTH PACIFIC
    * ODYSSEY MARINE EXPLORATION INC - SEABED CAPITAL WILL
RECEIVE UP
TO 250,000 SHARES OF ODYSSEY'S COMMON STOCK
    * ODYSSEY MARINE EXPLORATION INC - SEABED CAPITAL WILL
RECEIVE UP
TO A 2.5% NET SMELTER ROYALTY FROM TARGET COMPANY'S FUTURE
PRODUCTION.

Source text for Eikon:  ID:nGNX63k74t 
Further company coverage:  OMEX.O 

 (Reuters.Briefs@thomsonreuters.com)