Deep Sea Mining

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AOMC, Odyssey merge to build $1B deep-sea miner​

American Ocean Minerals Corp. is merging with Odyssey Marine Exploration (NASDAQ: OMEX) in a reverse takeover that will create a roughly $1 billion deep-sea mining company.
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The all-stock transaction includes more than $150 million in private placement financing from institutional and strategic investors, alongside a $75 million pre-public raise completed in February by American Ocean Minerals.

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