New Release dated April 21, 2026 - AOMC Odyssey Merger

DEEP SEA MINERALS CORP. COMMENTS ON AMERICAN

OCEAN MINERALS – ODYSSEY MARINE EXPLORATION

TRANSACTION

Vancouver, BC, April 21, 2026 – Deep Sea Minerals Corp. (CSE: SEAS) (OTCQB: DSEAF)

(FSE: X45 0) ("Deep Sea Minerals" or the "Company") , a subsea mineral exploration and

development company focused on advancing critical mineral opportunities from the deep ocean,

today commented on the recently announced business combination between American Ocean

Minerals Corporation (“ AOMC”) and Odyssey Marine Exploration, Inc. (NASDAQ: OMEX)

(“Odyssey”), highlighting its significance for the advancement of the deep sea mining sector.

Deep Sea Minerals Corp. believes this transaction represents a major milestone in the maturation

of the deep sea mining sector, combining AOMC’s asset base and capital backing with Odyssey’s

operational experience and public market platform. The transaction is further supported by

significant capital formation initiatives, underscoring growing investor confidence in seabed

mineral development and its role in securing critical mineral supply chains.

“The AOMC-Odyssey transaction is a strong signal that the sector is entering a new phase of

consolidation and institutionalization,” said James Deckelman, Chief Executive Officer of Deep

Sea Minerals Corp. “We are seeing increasing alignment between capital markets, technical

capabilities, and responsible development frameworks, which will be critical to advancing the

industry.”

Deep Sea Minerals Corp. also highlights the positive considerations for responsible and

environmentally aligned seabed development practices , as larger, better -capitalized entities are

increasingly positioned to invest in environmental monitoring, impact mitigation technologies, and

transparent regulatory engagement.

Deep Sea Minerals Corp. views this transaction as indicative of accelerating momentum across the

sector, as companies pursue strategic combinations to enhance capabilities, access capital markets,

and advance regulatory engagement. Deep Sea Minerals Corp. remains committed to supporting

the responsible growth of the seabed minerals industry though innovation, collaboration, and

adherence to high environmental and governance standards.

ABOUT DEEP SEA MINERALS CORP.

Deep Sea Minerals Corp. is a subsea mineral exploration and development company focused on

evaluating opportunities to support the future supply of critical minerals through the acquisition,

exploration, and development of deep-sea mineral assets.

The Company’s strategy is centered on identifying jurisdictions and geological settings with

potential exposure to polymetallic nodule systems, which are recognized for containing

combinations of metals that may be relevant to defense, industrial manufactu ring, clean energy

infrastructure, advanced electronics, and artificial intelligence-related supply chains. These seabed

resources represent a largely undeveloped component of the global mineral supply base and are the

subject of increasing policy, scientific, and regulatory attention worldwide.

As part of this process, the Company has commenced early -stage engagement with select ed

governments and regulatory bodies in the Pacific Ocean region to assess potential pathways for

future exploration initiatives, subject to applicable international, national, and environmental

frameworks.

For further information, please see the Company’s website: https://www.deepseamineralscorp.com

SOCIAL MEDIA

Facebook: https://www.facebook.com/deepseacorp/

Instagram: https://www.instagram.com/deepseacorp

X: https://x.com/deepseacorp

LinkedIn: https://www.linkedin.com/company/deepseacorp

Youtube: https://www.youtube.com/@deepseacorp

ON BEHALF OF THE BOARD

“James A. Deckelman”

James A. Deckelman, Chief Executive Officer

For further information, please contact:

James A. Deckelman

Chief Executive Officer

Phone: 1-281-467-1279

Email: [email protected]

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of

this release and has neither approved nor disapproved the contents of this press release.

Forward-Looking Statements

This news release includes "forward- looking information" that is subject to a number of

assumptions, risks and uncertainties, many of which are beyond the control of the Company.

Forward-looking statements may include but are not limited to Company’s plans , objectives and

strategies, expected benefits of subsea mineral exploration and development, and are subject to

all of the risks and uncertainties normally incident to such events. Although the Company believes

the expectations expressed in such forward- looking statements are based on reasonable

assumptions, such statements are not guarantees of future performance and actual results may

differ materially from those in the forward-looking statements.