Brief: Odyssey Marine Exploration - On April 9, 2019, Co Entered Into A Share Purchase Agreement With Seabed Capital

Odyssey Marine Exploration

15/04/2019 15:02

April 15 (Reuters) - Odyssey Marine Exploration Inc
 OMEX.O :
    * ODYSSEY MARINE EXPLORATION INC - ON APRIL 9, 2019, CO
ENTERED
INTO A SHARE PURCHASE AGREEMENT WITH SEABED CAPITAL, LLC - SEC
FILING
    * ODYSSEY MARINE EXPLORATION INC - ODYSSEY HAS AGREED TO
ACQUIRE
FROM SEABED ALL OF SEABED'S 480 SHARES IN A HOLDING COMPANY (
TARGET COMPANY)
    * ODYSSEY MARINE EXPLORATION INC - ODYSSEY WILL ISSUE TO
SEABED UP
TO 250,000 SHARES OF ODYSSEY'S COMMON STOCK
    * ODYSSEY MARINE EXPLORATION INC - TARGET COMPANY AND SEABED
WILL
ENTER INTO A ROYALTY AGREEMENT
    * ODYSSEY MARINE EXPLORATION INC - TARGET COMPANY WILL AGREE
TO
PAY TO SEABED UP TO A 2.5% NET SMELTER ROYALTY FROM FUTURE
PRODUCTION

Source text: (http://bit.ly/2VIpt2t)
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