{"id":870095,"date":"2025-08-04T12:55:01","date_gmt":"2025-08-04T16:55:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/odyssey-marine-exploration-announces-funding-and-continued-progress-across-its-mineral-resource-project-portfolio\/"},"modified":"2025-08-04T12:55:01","modified_gmt":"2025-08-04T16:55:01","slug":"odyssey-marine-exploration-announces-funding-and-continued-progress-across-its-mineral-resource-project-portfolio","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/odyssey-marine-exploration-announces-funding-and-continued-progress-across-its-mineral-resource-project-portfolio\/","title":{"rendered":"Odyssey Marine Exploration Announces Funding and Continued Progress Across Its Mineral Resource Project Portfolio"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistcircle { list-style-type: circle }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Odyssey Marine Exploration Announces Funding and Continued Progress Across Its Mineral Resource Project Portfolio<\/b><\/p>\n<p class=\"bwalignc\"><b><i>Operations Fully Funded Through 2025<\/i><\/b><\/p>\n<p>TAMPA, Fla.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nOdyssey Marine Exploration, Inc. (NASDAQ: OMEX), an ocean exploration pioneer engaged in the discovery, development, and extraction of strategic minerals that provide solutions to global challenges, today announced that it has secured additional funding through the exercise of investor stock purchase options sufficient to fully fund the company\u2019s operations for the remainder of the year.<\/p>\n<p>\n\u201cThis new capital strengthens Odyssey\u2019s financial foundation and positions us to execute on our strategic initiatives, with funding secured through at least the remainder of 2025,\u201d said Mark Gordon, Chairman and Chief Executive Officer of Odyssey Marine Exploration. \u201cThe continued support from our partners underscores their confidence in our near-term plans and long-term growth trajectory. These transactions strengthen our balance sheet and enable us to advance key priorities\u2014including current initiatives and new growth opportunities.\u201d<\/p>\n<p>\n\u201cWe\u2019re very encouraged by the growing momentum in United States offshore critical mineral development, underscored by the recent Executive Order supporting efforts to strengthen domestic supply chains through this emerging industry. We view this as meaningful progress\u2014not just in the U.S., but also for jurisdictions around the world seeking to responsibly explore their offshore resources,\u201d continued Gordon.<\/p>\n<p><b>CEO to Present at Emerging Growth Conference \u2013 August 21<\/b><\/p>\n<p>\nGordon will deliver a live presentation at the Emerging Growth Conference on August 21 at 3:10 p.m. ET, offering a strategic update on the Company\u2019s near-term value-driving activities. Interested parties may register for the event <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fgoto.webcasts.com%2Fstarthere.jsp%3Fei%3D1717088%26tp_key%3D22f1f30884%26sti%3Domex&amp;esheet=54301981&amp;newsitemid=20250804340541&amp;lan=en-US&amp;anchor=at+this+link&amp;index=1&amp;md5=0252d4aaaf4c81cc53ccbee0f05ba157\">at this link<\/a>. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available on EmergingGrowth.com and on the Emerging Growth YouTube Channel, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.YouTube.com%2FEmergingGrowthConference&amp;esheet=54301981&amp;newsitemid=20250804340541&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.YouTube.com%2FEmergingGrowthConference&amp;index=2&amp;md5=970b825331ed23c4840f6fdd0e3052c3\">http:\/\/www.YouTube.com\/EmergingGrowthConference<\/a>. We will release a link to that after the event.<\/p>\n<p>\nKey themes of his presentation will include:<\/p>\n<ul class=\"bwlistdisc\">\n<li><b>U.S. Policy Alignment:<\/b> How Odyssey is leveraging its proprietary <i>Global Prospectivity <\/i>analysis to capitalize on the recent shift in U.S. policy supporting ocean mineral development to secure critical inputs essential to national security, energy transition, infrastructure modernization, and food security.\n<\/li>\n<li><b>Progress in the Cook Islands:<\/b>\n<ul class=\"bwlistcircle\">\n<li>\nOperational updates from projects we are invested in;<\/p>\n<\/li>\n<li>\nThe deployment of Autonomous Benthic Mini Landers (ABMLs)\u2014custom-built by Odyssey\u2014now undergoing deep-sea testing in the Cook Islands. These advanced systems will gather critical environmental data from over 5,000 meters below the surface, supporting responsible development practices.<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li><b>Mexico Phosphate Project:<\/b> Key upcoming updates for Odyssey\u2019s strategic project to support North American food security.\n<\/li>\n<\/ul>\n<p>\nAdditional details regarding these projects will be included in the Company\u2019s upcoming Form 10-Q filing.<\/p>\n<p><b>Funding Summary: Over $8 Million Raised in 2025<\/b><\/p>\n<p>\nSince April 2025, investors have elected to exercise rights to purchase approximately 6.9 million shares of Odyssey common stock for approximately $7.6 million and exercised warrants to purchase 460,000 shares for $506,000. In addition, holders of the Company\u2019s convertible notes exercised their right to convert approximately $2.5 million of the note balances to approximately 2.35 million shares of the Company\u2019s common stock. These actions reflect the continued support and confidence of Odyssey\u2019s strategic investors, including Capital Latinoamericano (CapLat) and Two Seas Capital, both of which participated in the equity financing. With this round of activity, the company has received over $8 million in funding for the year. Additionally, more than $2.4 million\u2014or over 10%\u2014of the Company\u2019s outstanding convertible notes have now been converted into equity, reducing debt and further aligning long-term interests between Odyssey and its investors.<\/p>\n<p>\n\u201cThrough these additional investments, we are pleased to continue supporting Odyssey\u2019s long-term vision, technical expertise, and diverse global project portfolio,\u201d said Juan Cortina Gallardo, Chairman of CapLat. \u201cThis includes our commitment to the joint venture we formed with Odyssey to focus on building a secure, domestic fertilizer supply to enhance North American food security and promote sustainable agricultural practices.\u201d<\/p>\n<p>\nFurther details regarding the transactions can be found in Odyssey\u2019s Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on August 1, 2025, available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.odysseymarine.com&amp;esheet=54301981&amp;newsitemid=20250804340541&amp;lan=en-US&amp;anchor=www.odysseymarine.com&amp;index=3&amp;md5=76aef67b72b957621ac370224ee0fb9d\">www.odysseymarine.com<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov&amp;esheet=54301981&amp;newsitemid=20250804340541&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=4&amp;md5=e253dd2be888f06e41090d7d9b5d337f\">www.sec.gov<\/a>.<\/p>\n<p><b>About the Emerging Growth Conference<\/b><\/p>\n<p>\nThe Emerging Growth conference is an effective way for public companies to present and communicate their new products, services and other major announcements to the investment community from the convenience of their office, in a time efficient manner.<\/p>\n<p>\nThe Conference focus and coverage includes companies in a wide range of growth sectors, with strong management teams, innovative products &amp; services, focused strategy, execution, and the overall potential for long term growth. Its audience includes potentially tens of thousands of Individual and Institutional investors, as well as Investment advisors and analysts.<\/p>\n<p>\nAll sessions will be conducted through video webcasts and will take place in the Eastern time zone.<\/p>\n<p><b>About Odyssey Marine Exploration<\/b><\/p>\n<p>\nOdyssey Marine Exploration, Inc. (NASDAQ: OMEX) is a global leader in ocean exploration with over 30 years of experience. The company is committed to the sustainable and responsible discovery, validation, and advancement of seafloor critical mineral projects, including polymetallic nodules for battery metals and subsea phosphate deposits for fertilizers. Offering comprehensive research, marine operations, and regulatory compliance support, Odyssey works with governments and seafloor rights holders worldwide. Odyssey develops its projects in collaboration with a global network of partners, academics, and industry professionals who share its commitment to environmentally sound solutions for obtaining minerals that address present and future global challenges. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.odysseymarine.com&amp;esheet=54301981&amp;newsitemid=20250804340541&amp;lan=en-US&amp;anchor=www.odysseymarine.com&amp;index=5&amp;md5=5128c8a0ed15d97bd1191dfde4a15ee5\">www.odysseymarine.com<\/a>.<\/p>\n<p><b>Forward Looking Information<\/b><\/p>\n<p>\nOdyssey Marine Exploration believes the information set forth in this Press Release may include &#8220;forward-looking statements&#8221; within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Certain factors that could cause results to differ materially from those projected in the forward-looking statements are set forth in &#8220;Risk Factors&#8221; in Part I, Item 1A of the Company&#8217;s Annual Report on Form 10-K for the year ended December 31, 2024, which was filed with the Securities and Exchange Commission on March 31, 2025. The financial and operating projections as well as estimates of mining assets are based solely on the assumptions developed by Odyssey that it believes are reasonable based upon information available to Odyssey as of the date of this release. All projections and estimates are subject to material uncertainties and should not be viewed as a prediction or an assurance of actual future performance. The validity and accuracy of Odyssey&#8217;s projections will depend upon unpredictable future events, many of which are beyond Odyssey&#8217;s control and, accordingly, no assurance can be given that Odyssey&#8217;s assumptions will prove true or that its projected results will be achieved.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250804340541r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250804340541\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250804340541\/en\/<\/a><\/span><\/p>\n<p>\nLiz Shows<br \/>\n<br \/>Odyssey Marine Exploration, Inc.<br \/>\n<br \/>(813) 876-1776<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:lshows@odysseymarine.com\">lshows@odysseymarine.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Florida<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Natural Resources Mining\/Minerals Natural Resources Other Science Research Science<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250804340541\/en\/1225289\/3\/OME_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Odyssey Marine Exploration Announces Funding and Continued Progress Across Its Mineral Resource Project Portfolio Operations Fully Funded Through 2025 TAMPA, Fla.&#8211;(BUSINESS WIRE)&#8211; Odyssey Marine Exploration, Inc. (NASDAQ: OMEX), an ocean exploration pioneer engaged in the discovery, development, and extraction of strategic minerals that provide solutions to global challenges, today announced that it has secured additional funding through the exercise of investor stock purchase options sufficient to fully fund the company\u2019s operations for the remainder of the year. \u201cThis new capital strengthens Odyssey\u2019s financial foundation and positions us to execute on our strategic initiatives, with funding secured through at least the remainder of 2025,\u201d said Mark Gordon, Chairman and Chief Executive Officer of Odyssey Marine Exploration. \u201cThe continued support from our &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/odyssey-marine-exploration-announces-funding-and-continued-progress-across-its-mineral-resource-project-portfolio\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Odyssey Marine Exploration Announces Funding and Continued Progress Across Its Mineral Resource Project Portfolio&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-870095","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Odyssey Marine Exploration Announces Funding and Continued Progress Across Its Mineral Resource Project Portfolio - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/odyssey-marine-exploration-announces-funding-and-continued-progress-across-its-mineral-resource-project-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Odyssey Marine Exploration Announces Funding and Continued Progress Across Its Mineral Resource Project Portfolio - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Odyssey Marine Exploration Announces Funding and Continued Progress Across Its Mineral Resource Project Portfolio Operations Fully Funded Through 2025 TAMPA, Fla.&#8211;(BUSINESS WIRE)&#8211; Odyssey Marine Exploration, Inc. (NASDAQ: OMEX), an ocean exploration pioneer engaged in the discovery, development, and extraction of strategic minerals that provide solutions to global challenges, today announced that it has secured additional funding through the exercise of investor stock purchase options sufficient to fully fund the company\u2019s operations for the remainder of the year. \u201cThis new capital strengthens Odyssey\u2019s financial foundation and positions us to execute on our strategic initiatives, with funding secured through at least the remainder of 2025,\u201d said Mark Gordon, Chairman and Chief Executive Officer of Odyssey Marine Exploration. \u201cThe continued support from our &hellip; Continue reading &quot;Odyssey Marine Exploration Announces Funding and Continued Progress Across Its Mineral Resource Project Portfolio&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/odyssey-marine-exploration-announces-funding-and-continued-progress-across-its-mineral-resource-project-portfolio\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-04T16:55:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250804340541r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/odyssey-marine-exploration-announces-funding-and-continued-progress-across-its-mineral-resource-project-portfolio\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/odyssey-marine-exploration-announces-funding-and-continued-progress-across-its-mineral-resource-project-portfolio\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Odyssey Marine Exploration Announces Funding and Continued Progress Across Its Mineral Resource Project Portfolio\",\"datePublished\":\"2025-08-04T16:55:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/odyssey-marine-exploration-announces-funding-and-continued-progress-across-its-mineral-resource-project-portfolio\\\/\"},\"wordCount\":1157,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/odyssey-marine-exploration-announces-funding-and-continued-progress-across-its-mineral-resource-project-portfolio\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250804340541r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/odyssey-marine-exploration-announces-funding-and-continued-progress-across-its-mineral-resource-project-portfolio\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/odyssey-marine-exploration-announces-funding-and-continued-progress-across-its-mineral-resource-project-portfolio\\\/\",\"name\":\"Odyssey Marine Exploration Announces Funding and Continued Progress Across Its Mineral Resource Project Portfolio - 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