Brief: Odyssey Marine Exploration To Acquire Ocean Mineral Project
20/08/2018 13:20
Aug 20 (Reuters) - Odyssey Marine Exploration Inc OMEX.O :
* ODYSSEY MARINE EXPLORATION TO ACQUIRE OCEAN MINERAL
PROJECT
* ODYSSEY MARINE-DEAL CONSIDERATION IS 250,000 SHARES OF CO
&
AGREEMENT THAT WILL PAY SEABED A 2.5% NET SMELTER ROYALTY FROM
FUTURE MINE PRODUCTION
* ODYSSEY MARINE - ENTERED LETTER OF INTENT WITH SEABED
CAPITAL TO
ACQUIRE FROM SEABED AN 80% INTEREST IN HOLDING COMPANY
Source text for Eikon: ID:nGNX8t1xs8
Further company coverage: OMEX.O
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