en.Wedoany.com Reported - Canadian listed company Deep Sea Minerals (CSE:SEAS) has received confirmation from the U.S. National Oceanic and Atmospheric Administration (NOAA) that its application submitted under the Deep Seabed Hard Mineral Resources Act substantially complies with applicable U.S. regulatory requirements.

This decision marks a key milestone in the federal review process governing polymetallic nodule exploration and commercial recovery activities in areas beyond national jurisdiction.

Deep Sea Minerals believes this designation makes it one of only three publicly listed companies to have obtained NOAA substantial compliance recognition under the regulatory framework of the Deep Seabed Hard Mineral Resources Act. CEO James Deckelman stated that this approval reinforces the company's commitment to advancing responsible, science-based development of critical mineral resources. Deckelman noted that the company believes the U.S. is increasingly recognizing the strategic importance of secure and diversified critical mineral supply chains, and is proud to participate in this emerging framework.

If the application is ultimately approved, the company's seabed mineral concessions will cover 150,000 square kilometers in the Pacific Ocean, defined as offshore exploration blocks under NOAA's legal framework.

At the end of last month, Deep Sea Minerals applied for listing on the Nasdaq Capital Market, aiming to support its long-term strategy by enhancing visibility among U.S. investors. The company believes that a U.S. listing will complement its existing listing on the Canadian Securities Exchange while providing access to deeper and more diversified capital markets.

Deep Sea Minerals is a seabed mineral exploration and development company with a strategic focus on identifying jurisdictions and geological settings that may host polymetallic nodule systems. Polymetallic nodules, found on the deep seabed, contain critical minerals such as nickel, cobalt, copper, and manganese, according to Mining.com.au.

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