{"success":true,"data":{"pressRelease":{"id":"41418","rtpr_id":"nGNX8Cy8mH","ticker":"SEAS","exchange":"","all_tickers":["SEAS"],"title":"DEEP SEA MINERALS CORP. ANNOUNCES PROPOSED SHARE SPLIT","author":"Globe Newswire","published_at":"2026-05-20T22:30:00.098Z","article_body":"Vancouver, BC, May 20, 2026 (GLOBE NEWSWIRE) -- Deep Sea Minerals Corp. (CSE:\nSEAS) (OTCQB: DSEAF) (FSE: X450) (\"Deep Sea Minerals\" or the \"Company\"),\nannounces that it intends to split the common shares in the capital of the\nCompany (the “Shares”) on the basis of two (2) post-split Shares for each\none (1) issued and outstanding pre-split Share (the “Share Split”).\nSubject to the approval of the Canadian Securities Exchange (the “CSE”),\nall shareholders of record on May 26, 2026 (the “Record Date”) are\nexpected to be entitled to receive to receive two post-Share Split Shares for\neach pre-Share Split Share held pursuant to the Share Split.\n\nThe Company’s name and stock symbol are currently expected to remain\nunchanged following the Share Split. The Company currently has 23,904,125\nShares issued and outstanding on a pre-split basis.  If the proposed Share\nSplit is undertaken, the Company will have approximately 47,808,250 Shares\nissued and outstanding on a post-split basis. \n\nIn connection with the Share Split, the number of Shares issuable pursuant to\nthe Company’s outstanding stock options and warrants, and the corresponding\nexercise prices thereof will be proportionately adjusted in accordance with\nthe terms of such securities.\n\nEffective April 1, 2026, the Company granted an aggregate of 200,000\nrestricted share units (“RSUs”) to an Officer of the Company pursuant to\nthe terms of the Company’s Long Term Incentive Plan. The RSUs were granted\non a pre-Share Split basis, vest immediately, and are subject to certain\nvoluntary hold period restrictions over a 24-month period in accordance with\nthe terms of the applicable award agreement. All outstanding RSUs will be\nadjusted in accordance with the terms of the Long-Term Incentive Plan in\nconnection with the Share Split.\n\n“We believe the proposed share split represents an important step in\npositioning Deep Sea Minerals for broader market participation and improved\ntrading liquidity,” said James Deckelman, Chief Executive Officer of Deep\nSea Minerals. “As we continue to advance our long-term strategic\ninitiatives, including evaluating opportunities to expand the Company’s\npresence within the U.S. public markets, we remain focused on building\nshareholder value and increasing visibility among a broad institutional and\nretail investor audience”.\n\nThe Shares, on a post-Share Split basis, are expected to begin trading on the\nCSE on or about May 27, 2026. The proposed Share Split is subject to the\napproval of the CSE.\n\nABOUT DEEP SEA MINERALS CORP.\n\nDeep Sea Minerals Corp. is a subsea mineral exploration and development\ncompany focused on evaluating opportunities to support the future supply of\ncritical minerals through the acquisition, exploration, and development of\ndeep-sea mineral assets.\n\nThe Company’s strategy is centered on identifying jurisdictions and\ngeological settings with potential exposure to polymetallic nodule systems,\nwhich are recognized for containing combinations of metals that may be\nrelevant to defense, industrial manufacturing, clean energy infrastructure,\nadvanced electronics, and artificial intelligence-related supply chains. These\nseabed resources represent a largely undeveloped component of the global\nmineral supply base and are the subject of increasing policy, scientific, and\nregulatory attention worldwide.\n\nAs part of this process, the Company has commenced early-stage engagement with\nselected governments and regulatory bodies in the Pacific Ocean region to\nassess potential pathways for future exploration initiatives, subject to\napplicable international, national, and environmental frameworks.\n\nFor further information, please see the Company’s website:\nhttps://www.deepseamineralscorp.com\n\nSOCIAL MEDIA\n\nFacebook: https://www.facebook.com/deepseacorp/\nInstagram: https://www.instagram.com/deepseacorp\nX: https://x.com/deepseacorp \nLinkedIn: https://www.linkedin.com/company/deepseacorp \nYoutube: https://www.youtube.com/@deepseacorp\n\nON BEHALF OF THE BOARD\n\n“James A. Deckelman”\nJames A. Deckelman, Chief Executive Officer\n\nFor further information, please contact:\n\nJames A. Deckelman\nChief Executive Officer\n\n\nPhone: 1-281-467-1279\nEmail: info@deepseamineralscorp.com\n\nThe Canadian Securities Exchange does not accept responsibility for the\nadequacy or accuracy of this release and has neither approved nor disapproved\nthe contents of this press release.\n\nForward-Looking Statements\n\nThis news release contains certain forward-looking statements and\nforward-looking information (collectively, “forward-looking statements”)\nthat relate to the Company’s current expectations and views of future\nevents. In some cases, these forward-looking statements can be identified by\nwords or phrases such as “may”, “might”, “will”, “expect”,\n“anticipate”, “estimate”, “intend”, “plan”, “indicate”,\n“seek”, “believe”, “predict” or “likely”, or the negative or\ngrammatical variations of these terms, or other similar expressions intended\nto identify forward-looking statements, although not all forward-looking\nstatements include such words. Forward-looking statements contained in this\nnews release include, but are not limited to, statements about the timing and\nreceipt of regulatory approval for the Share Split, the Company’s plans,\nobjectives and strategies, expected benefits of subsea mineral exploration and\ndevelopment, and all of the risks and uncertainties normally incident to such\nevents. Such forward-looking statements are subject to a number of\nassumptions, risks and uncertainties, many of which are beyond the control of\nthe Company. Although the Company believes the expectations expressed in such\nforward-looking statements are based on reasonable assumptions, such\nstatements are not guarantees of future performance and actual results may\ndiffer materially from those in the forward-looking statements.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/811181eb-f1f6-4baf-9d4e-783d1d472b55)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX8Cy8mH","title":"DEEP SEA MINERALS CORP. ANNOUNCES PROPOSED SHARE SPLIT","author":"Globe Newswire","ticker":"SEAS","created":"2026-05-20T22:30:00.098Z","tickers":["SEAS"],"exchange":"","article_body":"Vancouver, BC, May 20, 2026 (GLOBE NEWSWIRE) -- Deep Sea Minerals Corp. (CSE:\nSEAS) (OTCQB: DSEAF) (FSE: X450) (\"Deep Sea Minerals\" or the \"Company\"),\nannounces that it intends to split the common shares in the capital of the\nCompany (the “Shares”) on the basis of two (2) post-split Shares for each\none (1) issued and outstanding pre-split Share (the “Share Split”).\nSubject to the approval of the Canadian Securities Exchange (the “CSE”),\nall shareholders of record on May 26, 2026 (the “Record Date”) are\nexpected to be entitled to receive to receive two post-Share Split Shares for\neach pre-Share Split Share held pursuant to the Share Split.\n\nThe Company’s name and stock symbol are currently expected to remain\nunchanged following the Share Split. The Company currently has 23,904,125\nShares issued and outstanding on a pre-split basis.  If the proposed Share\nSplit is undertaken, the Company will have approximately 47,808,250 Shares\nissued and outstanding on a post-split basis. \n\nIn connection with the Share Split, the number of Shares issuable pursuant to\nthe Company’s outstanding stock options and warrants, and the corresponding\nexercise prices thereof will be proportionately adjusted in accordance with\nthe terms of such securities.\n\nEffective April 1, 2026, the Company granted an aggregate of 200,000\nrestricted share units (“RSUs”) to an Officer of the Company pursuant to\nthe terms of the Company’s Long Term Incentive Plan. The RSUs were granted\non a pre-Share Split basis, vest immediately, and are subject to certain\nvoluntary hold period restrictions over a 24-month period in accordance with\nthe terms of the applicable award agreement. All outstanding RSUs will be\nadjusted in accordance with the terms of the Long-Term Incentive Plan in\nconnection with the Share Split.\n\n“We believe the proposed share split represents an important step in\npositioning Deep Sea Minerals for broader market participation and improved\ntrading liquidity,” said James Deckelman, Chief Executive Officer of Deep\nSea Minerals. “As we continue to advance our long-term strategic\ninitiatives, including evaluating opportunities to expand the Company’s\npresence within the U.S. public markets, we remain focused on building\nshareholder value and increasing visibility among a broad institutional and\nretail investor audience”.\n\nThe Shares, on a post-Share Split basis, are expected to begin trading on the\nCSE on or about May 27, 2026. The proposed Share Split is subject to the\napproval of the CSE.\n\nABOUT DEEP SEA MINERALS CORP.\n\nDeep Sea Minerals Corp. is a subsea mineral exploration and development\ncompany focused on evaluating opportunities to support the future supply of\ncritical minerals through the acquisition, exploration, and development of\ndeep-sea mineral assets.\n\nThe Company’s strategy is centered on identifying jurisdictions and\ngeological settings with potential exposure to polymetallic nodule systems,\nwhich are recognized for containing combinations of metals that may be\nrelevant to defense, industrial manufacturing, clean energy infrastructure,\nadvanced electronics, and artificial intelligence-related supply chains. These\nseabed resources represent a largely undeveloped component of the global\nmineral supply base and are the subject of increasing policy, scientific, and\nregulatory attention worldwide.\n\nAs part of this process, the Company has commenced early-stage engagement with\nselected governments and regulatory bodies in the Pacific Ocean region to\nassess potential pathways for future exploration initiatives, subject to\napplicable international, national, and environmental frameworks.\n\nFor further information, please see the Company’s website:\nhttps://www.deepseamineralscorp.com\n\nSOCIAL MEDIA\n\nFacebook: https://www.facebook.com/deepseacorp/\nInstagram: https://www.instagram.com/deepseacorp\nX: https://x.com/deepseacorp \nLinkedIn: https://www.linkedin.com/company/deepseacorp \nYoutube: https://www.youtube.com/@deepseacorp\n\nON BEHALF OF THE BOARD\n\n“James A. Deckelman”\nJames A. Deckelman, Chief Executive Officer\n\nFor further information, please contact:\n\nJames A. Deckelman\nChief Executive Officer\n\n\nPhone: 1-281-467-1279\nEmail: info@deepseamineralscorp.com\n\nThe Canadian Securities Exchange does not accept responsibility for the\nadequacy or accuracy of this release and has neither approved nor disapproved\nthe contents of this press release.\n\nForward-Looking Statements\n\nThis news release contains certain forward-looking statements and\nforward-looking information (collectively, “forward-looking statements”)\nthat relate to the Company’s current expectations and views of future\nevents. In some cases, these forward-looking statements can be identified by\nwords or phrases such as “may”, “might”, “will”, “expect”,\n“anticipate”, “estimate”, “intend”, “plan”, “indicate”,\n“seek”, “believe”, “predict” or “likely”, or the negative or\ngrammatical variations of these terms, or other similar expressions intended\nto identify forward-looking statements, although not all forward-looking\nstatements include such words. Forward-looking statements contained in this\nnews release include, but are not limited to, statements about the timing and\nreceipt of regulatory approval for the Share Split, the Company’s plans,\nobjectives and strategies, expected benefits of subsea mineral exploration and\ndevelopment, and all of the risks and uncertainties normally incident to such\nevents. Such forward-looking statements are subject to a number of\nassumptions, risks and uncertainties, many of which are beyond the control of\nthe Company. Although the Company believes the expectations expressed in such\nforward-looking statements are based on reasonable assumptions, such\nstatements are not guarantees of future performance and actual results may\ndiffer materially from those in the forward-looking statements.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/811181eb-f1f6-4baf-9d4e-783d1d472b55)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-05-20T22:30:00.143125423Z","server_sent_at_ms":1779316200143},"received_at":"2026-05-20T22:30:00.203Z","source_url":null},"analysis":{"id":"30857","press_release_id":"41418","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":[],"eventType":"other","narrative":"Deep Sea Minerals Corp. announced a proposed 2-for-1 forward stock split, subject to approval by the Canadian Securities Exchange.\n\nThe split will increase the number of issued and outstanding shares from approximately 23.9 million to 47.8 million, with trading on the post-split basis expected to begin on or about May 27, 2026.\n\nCEO James Deckelman stated the move is intended to position the company for broader market participation and improved trading liquidity, while noting the company is evaluating opportunities to expand its presence in U.S. public markets.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine 2-for-1 forward split to boost liquidity; no fundamental change."},"keyFigures":{"customDimensions":{"split_ratio":"2-for-1","rsus_granted":200000,"pre_split_shares_outstanding":23904125,"post_split_shares_outstanding":47808250}},"quotedText":"We believe the proposed share split represents an important step in positioning Deep Sea Minerals for broader market participation and improved trading liquidity","namedEntities":{"people":[{"name":"James Deckelman","role":"Chief Executive Officer"}],"products":[],"companies":[{"name":"Deep Sea Minerals Corp.","ticker":"SEAS","relationship":"filer"},{"name":"Canadian Securities Exchange","relationship":"exchange"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"A 2-for-1 forward stock split is a routine corporate action intended to improve liquidity and lower the share price for retail accessibility. It does not change the company's fundamental value or market capitalization. The score is 2 because it signals a desire for broader market participation, but carries no material financial impact."},"tickerRelevance":{"others":[],"primary":"SEAS"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"routine_corporate_action","sectorWeight":"low","marketCapAdjustment":"negative"}},"event_type":"other","event_type_secondary":null,"sentiment":"neutral","material_impact_score":2,"narrative":"Deep Sea Minerals Corp. announced a proposed 2-for-1 forward stock split, subject to approval by the Canadian Securities Exchange.\n\nThe split will increase the number of issued and outstanding shares from approximately 23.9 million to 47.8 million, with trading on the post-split basis expected to begin on or about May 27, 2026.\n\nCEO James Deckelman stated the move is intended to position the company for broader market participation and improved trading liquidity, while noting the company is evaluating opportunities to expand its presence in U.S. public markets.","key_figures":{"customDimensions":{"split_ratio":"2-for-1","rsus_granted":200000,"pre_split_shares_outstanding":23904125,"post_split_shares_outstanding":47808250}},"named_entities":{"people":[{"name":"James Deckelman","role":"Chief Executive Officer"}],"products":[],"companies":[{"name":"Deep Sea Minerals Corp.","ticker":"SEAS","relationship":"filer"},{"name":"Canadian Securities Exchange","relationship":"exchange"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-05-20T22:30:09.266Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"micro-cap","eventGravity":"routine_corporate_action","sectorWeight":"low","marketCapAdjustment":"negative"}},"durationMs":9025,"modelName":"george-droid-qwen-72b"}}