Mr. James Deckelman reports

DEEP SEA MINERALS CORP. SUBMITS APPLICATION TO NOAA UNDER DEEP SEABED HARD MINERAL RESOURCES ACT

Deep Sea Minerals Corp. has submitted an application to the U.S. National Oceanic and Atmospheric Administration pursuant to the Deep Seabed Hard Mineral Resources Act.

The application, submitted through the company's U.S. subsidiary, American Ocean Minerals Corp., seeks an exploration licence for polymetallic nodules in a defined area of the Clarion-Clipperton zone in the Pacific Ocean. The submission includes technical, environmental and operational information required under NOAA's regulations, including baseline environmental data, proposed monitoring and mitigation measures, and a description of planned exploration activities with associated expenditures.

"This submission represents an initial step in the regulatory process under DSHMRA," said James Deckelman, chief executive officer of Deep Sea Minerals. "We have structured the application to align with NOAA's requirements and to outline a phased approach that includes environmental data collection and ongoing evaluation. We look forward to NOAA's review and to engaging as part of that process."

The application outlined a staged program of activities, beginning with further data collection and environmental assessment to inform any future operations. Any exploration activities would be subject to applicable regulatory approvals and conditions.

NOAA will conduct a review of the application for completeness and compliance with applicable statutory and regulatory requirements. The review process includes opportunities for public comment and interagency consultation.

About Deep Sea Minerals Corp.

Deep Sea Minerals Corp. is a subsea mineral exploration and development company focused on evaluating opportunities to support the future supply of critical minerals through the acquisition, exploration and development of deep-sea mineral assets.

The company's strategy is centred on identifying jurisdictions and geological settings with potential exposure to polymetallic nodule systems, which are recognized for containing combinations of metals that may be relevant to defence, industrial manufacturing, clean energy infrastructure, advanced electronics and artificial-intelligence-related supply chains. These seabed resources represent a largely undeveloped component of the global mineral supply base, and are the subject of increasing policy, scientific and regulatory attention worldwide.

As part of this process, the company has commenced early-stage engagement with selected governments and regulatory bodies in the Pacific Ocean region to assess potential pathways for future exploration initiatives, subject to applicable international, national and environmental frameworks.

We seek Safe Harbor.