Copperhead Announces Approval of Change of Business
Globenewswire·2026-01-20 23:58

Core Viewpoint - Copperhead Resources Inc. is transitioning to focus on subsea critical mineral exploration and development, rebranding as Deep Sea Minerals Corp., with shareholder approval and Canadian Securities Exchange endorsement [1][2][4] Company Overview - Deep Sea Minerals Corp. is dedicated to exploring and developing deep-sea mineral assets to support the supply of critical minerals [8] - The company aims to identify jurisdictions with potential polymetallic nodule systems, which are important for various industries including defense and clean energy [9] Strategic Context - The company's strategic focus aligns with U.S. government policies aimed at securing access to critical minerals, highlighted by an Executive Order from President Trump to accelerate deep-sea mineral resource development [5][6] - Recent proclamations emphasize the importance of addressing national security concerns related to imports of processed critical minerals [6] Market Positioning - The company believes that early and responsible engagement in the deep-sea minerals sector will allow it to participate constructively in global resource development [7] - The deep seabed is increasingly recognized as a strategic resource amid growing supply-chain constraints for critical minerals essential for defense and advanced technologies [4][7] Corporate Actions - A corporate rebranding has been completed, and a new website has been launched to provide stakeholders with insights into the company's strategic direction [3] - The name change to Deep Sea Minerals Corp. is expected to take effect around January 26, 2026, with shares trading under the symbol "SEAS" [2]

Copperhead Announces Approval of Change of Business - Reportify