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Deep Sea Minerals files to list on Nasdaq Capital Market in planned U.S. uplisting

October 31, 2026

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Deep Sea Minerals seeks Nasdaq Capital Market listing

Deep Sea Minerals Corp. said on May 29, 2026 that it has filed an application to list its common shares on the Nasdaq Capital Market as part of a planned U.S. uplisting. The company currently trades on the Canadian Securities Exchange under SEAS, on OTCQB under DSEAF, and on the FSE under X450.

The company said the move is intended to support its long-term capital markets strategy by increasing visibility among U.S. institutional and retail investors, broadening its shareholder base, and improving trading liquidity over time.

Management frames the move as a growth and liquidity initiative

Chief Executive Officer James Deckelman said the Nasdaq application is an important step in the company’s long-term growth strategy. He said a U.S. exchange listing is expected to enhance visibility within the global investment community, broaden access to institutional and retail investors, and support increased liquidity for shareholders.

For investors, the proposed uplisting signals an effort to deepen market access rather than a change in operating profile. If successful, the listing could improve the company’s profile with U.S.-based capital providers, though the company did not provide a timetable for completion.

We believe that pursuing a U.S. exchange listing represents an important step in Deep Sea Minerals’ long-term growth strategy.

James Deckelman, Chief Executive Officer

A listing on the Nasdaq is expected to enhance our visibility within the global investment community, broaden access to institutional and retail investors, and support increased liquidity for our shareholders as we continue advancing our development objectives.

James Deckelman, Chief Executive Officer

Approval remains subject to Nasdaq and regulatory conditions

The company said the proposed listing remains subject to Nasdaq’s initial listing requirements, receipt of required regulatory approvals, and completion of customary listing processes. Deep Sea Minerals cautioned that there can be no assurance the application will be approved or that a Nasdaq listing will be completed.

That disclosure leaves the transaction at an early stage. Until approvals are secured, the announcement should be viewed as a strategic filing rather than a completed capital markets event.

Existing exchange footprint and market positioning

Deep Sea Minerals said a U.S. exchange listing, if completed, would complement its existing Canadian Securities Exchange listing and position the company to access deeper and more diversified capital markets. The company is also quoted on OTCQB and the Frankfurt exchange.

For market participants, the combination of multiple listings may improve accessibility and trading reach, but the ultimate impact will depend on whether Nasdaq approval is granted and whether trading activity follows.

Company overview and exploration focus

Deep Sea Minerals describes itself as a seabed mineral exploration and development company focused on acquiring, exploring and developing deep-sea mineral assets tied to future critical mineral supply. The company said its strategy centers on jurisdictions and geological settings with potential exposure to polymetallic nodule systems.

The company said these resources may be relevant to defense, industrial manufacturing, clean energy infrastructure, advanced electronics, and artificial intelligence-related supply chains. It also said it has begun 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 frameworks.

Investor takeaway

The filing adds a potential catalyst for DSEAF.US, but the near-term investment case remains dependent on Nasdaq approval and the company’s ability to advance its development objectives. The announcement is supportive of liquidity and visibility expectations, yet it does not change the company’s operational fundamentals on its own.

Investors will likely focus next on whether Deep Sea Minerals can satisfy listing requirements and secure the necessary approvals to complete the uplisting.

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