DEEP SEA MINERALS CORP. PROVIDES STRATEGIC EXECUTION UPDATE

Vancouver, British Columbia, June 08, 2026 (GLOBE NEWSWIRE) -- Deep Sea Minerals Corp. (CSE: SEAS) (OTCQB: DSEAF) (FSE: X450) ("Deep Sea Minerals" or the "Company"), a seabed mineral exploration and development company focused on advancing critical mineral opportunities from the deep ocean, provided a strategic execution update today highlighting significant progress across its U.S. regulatory initiatives, international concession strategy, commercial engagement efforts, and capital markets objectives.

Since the Company’s February 11, 2026, corporate update, Deep Sea Minerals has continued to advance the strategic initiatives previously outlined to shareholders, achieving important milestones across multiple workstreams and demonstrating continued execution in support of its long-term offshore critical minerals strategy.

NOAA Application Submitted; Substantial Compliance Achieved

The Company is pleased to announce that it has successfully submitted an application through the National Oceanic and Atmospheric Administration (“NOAA”) regulatory pathway under the Deep Seabed Hard Mineral Resources Act of 1980 (“DSHMRA”).

Following the submission, the Company recently achieved substantial compliance determination within the NOAA review process. The Company believes this milestone is significant as it establishes priority rights associated with the application area and represents an important procedural advancement within one of the most strategically relevant offshore critical minerals regulatory frameworks currently available.

Deep Sea Minerals continues to advance regulatory, technical, environmental, and procedural workstreams associated with the application while maintaining active engagement with stakeholders involved in the process.

The Company believes the NOAA-administered pathway remains increasingly important given the United States’ growing focus on critical mineral security, domestic supply chain resilience, and strategic resource development.

Cook Islands Application Preparation Advancing

The Company is also pleased to report on the continued advancement of its Cook Islands strategy. Building on the jurisdictional and regulatory assessment work outlined in its February update, Deep Sea Minerals is actively preparing an application for submission under the Cook Islands seabed minerals framework and continues to evaluate concession opportunities within the Cook Islands Exclusive Economic Zone.

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