Odyssey Marine Exploration Provides Update on Mexican Phosphate Project
Odyssey Marine Exploration, Inc. (OMEX)
US:NASDAQ Investor Relations:
ir.odysseymarine.com/investor-relations
Company Research
Source: GlobeNewswire
TAMPA, Fla., Oct. 19, 2018 (GLOBE NEWSWIRE) -- Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a pioneer in the field of deep-ocean exploration, received notification late Thursday afternoon that SEMARNAT repeated their refusal to issue an environmental permit for the phosphate deposit controlled by Exploraciones Oceánicas, S. de R.L. de C.V. (ExO) , in direct contravention of the Order of the Federal Administrative Court. ExO is a controlled subsidiary of Odyssey. ExO’s attorneys in Mexico have provided a preliminary opinion that SEMARNAT’s decision is in clear opposition to the unanimous ruling and Court Order issued by Mexico’s Federal Court of Administrative Justice. In addition, SEMARNAT’s response was issued past the Court’s deadline, and SEMARNAT did not inform ExO of any new environmental information used as a basis their decision, as was required in the Court’s Order. ExO expects its legal team to file a new action before the Superior Section of the Federal Administrative
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Sec Filings
- 4/19/24 - Form 8-K
- 4/10/24 - Form 4
- 4/1/24 - Form NT
- OMEX's page on the SEC website