Core Viewpoint - Deep Sea Minerals Corp. has been approved for membership in the U.S. Defense Industrial Base Consortium, which is a significant milestone for the company in advancing its strategic initiatives related to critical minerals [1][4]. Company Updates - The company has entered into a marketing services agreement with Capital Gain Media Inc. for four months, compensating CGM with US$400,000 [5]. - Deep Sea Minerals Corp. focuses on subsea mineral exploration and development to support the supply of critical minerals [6]. Industry Context - The U.S. Defense Industrial Base Consortium, managed by Advanced Technology International for the U.S. Department of War, aims to diversify the defense industrial base and enable partnerships between private-sector businesses and the U.S. Government [2]. - Critical metals are essential for the U.S. defense industrial base, and the government is actively planning and funding initiatives to secure domestic production capabilities [3]. Strategic Focus - The company's strategy involves identifying jurisdictions with potential polymetallic nodule systems, which contain metals relevant to defense, industrial manufacturing, clean energy, advanced electronics, and AI supply chains [7]. - Early-stage engagement with selected governments and regulatory bodies in the Pacific Ocean region has commenced to explore future initiatives, adhering to international and environmental frameworks [8].
DEEP SEA MINERALS CORP. JOINS U.S. DEFENSE INDUSTRIAL BASE CONSORTIUM
Globenewswire·2026-02-24 12:30