DEEP SEA MINERALS CORP. JOINS U.S. DEFENSE INDUSTRIAL BASE CONSORTIUM

Author of the article:You can save this article by registering for free here. Or sign-in if you have an account.Vancouver, BC, Feb. 24, 2026 (GLOBE NEWSWIRE) — Deep Sea Minerals Corp. (CSE: SEAS) (OTCQB: DSEAF) (FSE: X45) (“Deep Sea Minerals” or the “Company”), a subsea mineral exploration and development company focused on advancing critical mineral opportunities from the deep ocean, is pleased to announce that the Company’s application to the U.S.

Defense Industrial Base Consortium (the “DIBC”) has been approved.Subscribe now to read the latest news in your city and across Canada.Subscribe now to read the latest news in your city and across Canada.Create an account or sign in to continue with your reading experience.Create an account or sign in to continue with your reading experience.The DIBC is managed by Advanced Technology International (“ATI”) on behalf of the U.S. Department of War (the “DoW”). The DIBC aims to expand and diversify the defense industrial base in the U.S., enable private-sector businesses to work in partnership with the U.S. Government, provide non-dilutive financing for key contractors, and provide the U.S. Government access to commercial solutions for defense requirements.Critical metals are considered essential for the U.S. defense industrial base, and the U.S. Government is engaged in strategic planning, initiatives, and funding to ensure it can access and onshore domestic production capabilities and supply.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.“We are excited to have been accepted by DIBC and see obtaining our membership as a key milestone in our path to advancing our Company’s strategic initiatives,” said James Deckelman, CEO of Deep Sea. “We believe that our strategy and focus on supplying critical minerals through the responsible development of subsea mineral assets represents a strong opportunity for the DoW to quickly onshore domestic production capabilities of this critical metal, and we look forward to advancing these initiatives in partnership with the U.S.”OTHER CORPORATE UPDATESThe Company also announces that it has entered into a marketing services agreement (the “Marketing Agreement”) with Capital Gain Media Inc. (“CGM”), for a period of four months commencing February 23, 2026, paying US$400,000 to CGM as compensation. CGM has a business address located at 1111 West Hastings Street, 15th Floor, Vancouver, BC,V6E 2J3 and its principal Graham Colmer can be contacted at admin@capitalgainmedia.com. CGM and its principals are arm’s length from the Company.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 manufacturing, 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 selected 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.comSOCIAL MEDIAFacebook: https://www.facebook.com/deepseacorp/Instagram: https://www.instagram.com/deepseacorpX: https://x.com/deepseacorpLinkedIn: https://www.linkedin.com/company/deepseacorpYoutube: https://www.youtube.com/@deepseacorpON BEHALF OF THE BOARD“James A. Deckelman”James A. Deckelman, Chief Executive OfficerFor further information, please contact: James A. DeckelmanChief Executive OfficerPhone: 1-281-467-1279Email: info@deepseamineralscorp.comThe 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 StatementsThis 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.Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.