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American Ocean Minerals Corp. is combining with Odyssey Marine Exploration Inc. in a reverse merger.

Updated ·First reported ·1 source

Summary

American Ocean Minerals Corp., led by former Rio Tinto CEO Tom Albanese, is reportedly combining with Odyssey Marine Exploration Inc. in a reverse merger valued at approximately $1 billion. Sources familiar with the matter disclosed the details of the potential deep-sea exploration deal.

Key Facts

  • American Ocean Minerals Corp. is combining with Odyssey Marine Exploration Inc. in a reverse merger.[1]unverified
  • The merger is valued at approximately $1 billion.[1]unverified
  • American Ocean Minerals is led by former Rio Tinto CEO Tom Albanese.[1]unverified

Locations

Tampa, FloridaUnited States, North America
27.95, -82.46

Sources (1)

  • initial report

Changelog

initial reportv1

Automated synthesis

Show summary

American Ocean Minerals Corp., led by former Rio Tinto CEO Tom Albanese, is reportedly combining with Odyssey Marine Exploration Inc. in a reverse merger valued at approximately $1 billion. Sources familiar with the matter disclosed the details of the potential deep-sea exploration deal.

  • • American Ocean Minerals Corp. is combining with Odyssey Marine Exploration Inc. in a reverse merger.
  • • The merger is valued at approximately $1 billion.
  • • American Ocean Minerals is led by former Rio Tinto CEO Tom Albanese.