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., March 25, 2019 (GLOBE NEWSWIRE) -- Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a pioneer in the field of deep-ocean exploration, today provided an update on subsidiary Exploraciones Oceanicas (ExO)’s phosphate project in Mexico. Notably, Odyssey here advises of an additional legal step it has taken to defend shareholder interests and realize the full economic value in the development of the project. As of 2012 the Mexican Government granted ExO concessions for the development of one of the world’s largest seabed phosphate deposits, more than 22 kilometers off the coast of Baja California Sur. Odyssey believes that phosphate sands extracted from the deposit could supply most of North America’s fertilizer needs for the next 100 years. Development of this resource would see Mexico, currently dependent on expensive imported phosphate, become self-sufficient in fertilizer and materially advance its domestic food security, in addition to generating substantial direct
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- 4/19/24 - Form 8-K
- 4/10/24 - Form 4
- 4/1/24 - Form NT
- OMEX's page on the SEC website