Mr. James Deckelman reports

DEEP SEA MINERALS CORP. SIGNS MOU WITH IMPOSSIBLE METALS TO EVALUATE AUTONOMOUS ROBOTIC NODULE COLLECTION TECHNOLOGY

Deep Sea Minerals Corp. has entered into a memorandum of understanding with Impossible Metals Inc., a United States-based marine technology company developing autonomous underwater robotic systems for the selective collection of polymetallic nodules.

The MOU establishes a framework for collaboration between Deep Sea Minerals and Impossible Metals with respect to the potential deployment and evaluation of Impossible Metals' autonomous, riserless robotic collection technology within Deep Sea Minerals' prospective exploration licence areas, if and as such licences are awarded. The contemplated areas of co-operation include technology deployment, test mining, environmental monitoring, pilot production planning, commercial-scale harvesting evaluation and potential downstream supply chain opportunities.

Impossible Metals' Eureka collection system is designed to use buoyance control, computer vision and robotic arms to selectively collect polymetallic nodules from the sea floor. The technology is intended to provide a lower-disturbance alternative to other sea floor collection methods by targeting individual nodules, preserving habitat, avoiding sea life and reducing sediment disturbance.

"Deep Sea Minerals is pursuing a responsible, staged and partnership-driven approach to offshore critical minerals development," said James Deckelman, chief executive officer of Deep Sea Minerals. "Impossible Metals has developed a differentiated technology platform that aligns with our objective of evaluating lower-impact approaches to polymetallic nodule exploration and potential future collection. This MOU gives us a practical framework to assess how autonomous robotic collection technology could support our long-term development plans as we continue to advance through the applicable regulatory processes."

"This collaboration reflects a larger shift under way in how the world thinks about critical resources. As global demand accelerates for the minerals that power defence systems, advanced manufacturing and energy infrastructure, the question is no longer whether new supply is needed, but how it can be accessed responsibly," said Steve Curnutte, executive chairman of Impossible Metals. "Impossible Metals was built on the belief that breakthroughs in robotics, autonomy and machine intelligence can fundamentally improve that equation. Together with Deep Sea Minerals, we are advancing a future where selective collection enables both economic progress and responsible stewardship of the deep ocean."

Deep Sea Minerals, through its U.S. subsidiary American Deep Sea Minerals Corp., has submitted an exploration licence applicable to the National Oceanic and Atmospheric Administration under the Deep Seabed Hard Mineral Resources Act of 1980. The application remains under NOAA review, and no exploration licence has been awarded. The company has also established Deep Sea Minerals Cook Islands Ltd. to support engagement with the Cook Islands Seabed Minerals Authority in connection with a potential exploration licence application, which has not yet been filed.

The MOU is non-binding, and does not create any obligation for either party to proceed with test mining, pilot production, commercial production or any binding commercial arrangement. Any such arrangement would be subject to the negotiation and execution of one or more definitive agreements.

About Deep Sea Minerals Corp.

Deep Sea Minerals is a seabed 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.