Deep Sea Minerals (CSE:SEAS) has applied to list on the Nasdaq Capital Market, aiming to support its long-term strategy by increasing its visibility with US investors.
The company believes that a US listing, if completed, would complement its existing listing on the Canadian Securities Exchange. It will also position the company to access deeper and more diversified capital markets as it continues to advance its development objectives.
CEO James Deckelman says a US exchange listing represents an important step in Deep Sea Minerals’ long-term growth strategy.
“A listing on the Nasdaq is expected to enhance our visibility within the global investment community, broaden access to institutional and retail investors, and support increased liquidity for our shareholders as we continue advancing our development objectives,” Deckelman says.
Deep Sea Minerals is a seabed mineral explorer and developer. The company is focused on evaluating opportunities to support the future supply of critical minerals by acquiring, exploring, and developing deep-sea mineral assets.
The company’s strategy is centred on uncovering jurisdictions and geological settings with potential exposure to polymetallic nodule systems. These are recognised for containing various metals that may be relevant to defence, industrial manufacturing, clean energy infrastructure, advanced electronics, and artificial intelligence-related supply chains.
As part of this process, the company is engaging with governments and regulatory bodies in the Pacific Ocean region to assess potential pathways for future exploration initiatives.
Write to Aaliyah Rogan at Mining.com.au
Images: Deep Sea Minerals
