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Stock impact report

Odyssey Marine Exploration Reports Full Year 2017 Results and Updates Current Projects

Odyssey Marine Exploration, Inc. (OMEX) 
US:NASDAQ Investor Relations: ir.odysseymarine.com/investor-relations
Company Research Source: GlobeNewswire
TAMPA, Fla., March 26, 2018 (GLOBE NEWSWIRE) -- Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a pioneer in the field of deep-ocean exploration, reported results for the full year ended December 31, 2017, and provided an update on current projects. Don Diego Project On March 21, 2018, the 11-judge panel of the Superior Court of the Federal Court of Administrative Justice in Mexico ruled unanimously in favor of Odyssey Marine Exploration, Inc.’s (“Odyssey”) subsidiary, Exploraciones Oceánicas, S. de R.L. de C.V. (“ExO”), nullifying the denial of ExO’s environmental permit application for the extraction of phosphate sand from its “Don Diego” project. Odyssey holds a 53.88% interest in ExO. To move to the next phase of development of the deposit, Odyssey and its subsidiaries need the approval of the environmental permit application, which is anticipated in due course as a result of this decision. However, until the judicial decision is published, any further details about the status Show less Read more
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