DEEP SEA MINERALS CORP. APPOINTS MARK HANDIN AS STRATEGIC ADVISOR
MWN-AI** Summary
Deep Sea Minerals Corp. (CSE: SEAS) has announced the appointment of Mark Handin as a Strategic Advisor, effective February 17, 2026. Handin, a veteran with over 27 years of experience in the offshore maritime, transportation, and oilfield services sectors, currently leads Patriot Maritime, which oversees a fleet of vessels for U.S. government clients. His extensive background includes serving as Chief Operating Officer of Maersk Supply Service, where he managed global offshore operations, including deep-sea mining projects.
In his advisory role, Handin will leverage his expertise in maritime operations, offshore energy development, and regulatory compliance to aid Deep Sea Minerals in advancing its exploration and development programs. His strategic insights are expected to enhance the Company’s engagement with industry stakeholders during this pivotal time in the critical minerals sector. CEO James Deckelman expressed enthusiasm for Handin's appointment, highlighting the significant skill set he brings to the organization.
This advisory role is non-executive, and in connection with his appointment, the Company has granted Handin 75,000 stock options, subject to regulatory approval, allowing him to acquire common shares at the market price on the grant date.
Deep Sea Minerals Corp. focuses on exploring and developing deep-sea mineral assets, particularly polymetallic nodule systems. These resources are increasingly recognized for their potential supply of critical minerals essential for defense, clean energy, and advanced technologies. The Company is also initiating early discussions with governments and regulatory bodies in the Pacific region to assess exploration pathways, aligning with international and environmental frameworks. For more information, visit their website or follow their social media channels.
MWN-AI** Analysis
Deep Sea Minerals Corp. (CSE: SEAS) has made a strategic move by appointing Mark Handin as a Strategic Advisor. With over 27 years of experience in offshore maritime and energy sectors, Handin's expertise is expected to bolster the Company’s development efforts in the critical minerals market. His background includes leadership roles at major firms like Patriot Maritime and Maersk Supply Service, where he successfully managed subsea operations and deep-sea mining-related projects. This appointment is timely, given the increasing demand for critical minerals used in advanced technologies.
Investors should view this development positively for several reasons. First, Handin’s extensive network and experience in government contracts may enhance the company's bid for regulatory approvals in the highly scrutinized sector of deep-sea mining. As the world shifts toward more sustainable energy sources, the need for critical minerals like cobalt, nickel, and rare earth elements has surged, making companies in this sector particularly attractive investments.
Furthermore, the Company’s proactive approach in engaging with governments and regulatory bodies signals an understanding of the complex landscape of deep-sea exploration. As environmental concerns grow, having a seasoned advisor to navigate this terrain is invaluable.
The issuance of 75,000 stock options to Handin should also be considered a vote of confidence in the company's potential. If managed well, these strategic moves could lead to new partnerships and faster progress in exploration initiatives, resulting in potential stock appreciation.
In conclusion, while investors should remain aware of the inherent risks associated with subsea mining operations, Handin’s appointment suggests that Deep Sea Minerals Corp. is better positioned to capitalize on emerging trends in the critical minerals market. Due diligence and monitoring of the Company’s future strategy will be key for potential investors.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Vancouver, BC, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Deep Sea Minerals Corp. (CSE: SEAS) (OTCQB: DSEAF) (FSE: X45) ("Deep Sea Minerals" or the "Company"), a subsea mineral exploration and development company focused on advancing critical mineral opportunities from the deep ocean, is pleased to announce the appointment of Mark Handin as a Strategic Advisor to the Company.
Mr. Handin is a seasoned international business executive with over 27 years of leadership experience in the offshore maritime, transportation, and oilfield services sectors and currently serves as President of Patriot Maritime. Under Mr. Handin’s leadership, Patriot Maritime oversees a fleet of 23 vessels supporting major U.S. government clients, including the Military Sealift Command (MSC) and the Maritime Administration (MARAD), with responsibility spanning operations, safety, compliance, customer relations, and overall P&L performance. Mr. Handin previously served as Chief Operating Officer of Maersk Supply Service, overseeing global offshore operations including subsea projects and deep-sea mining–adjacent activities.
In his role as Strategic Advisor, Mr. Handin will provide high-level strategic advice to the Company’s executive team, drawing on his extensive experience in global maritime operations, offshore energy development, government and defense contracting, joint venture structuring, regulatory compliance, and large-scale project execution across multiple international jurisdictions. Mr. Handin’s insights will support the Company as it advances its exploration and development programs and engages with stakeholders across the industry.
“We are excited to welcome Mark Handin as a Strategic Advisor,” said James Deckelman, Chief Executive Officer of Deep Sea Minerals Corp. “Mark brings a skill set and experience base that are essential to the Company at this transformational moment in the critical minerals sector.”
Mr. Handin’s appointment is purely advisory in nature, and he will not assume any role as an officer or director of the Company.
Pursuant to the Company’s Stock Option Plan and subject to regulatory approval, the Company has granted 75,000 stock options (the “Options”) to Mr. Handin in connection with his appointment as Strategic Advisor to the Company. Each option is exercisable to acquire one common share in the capital of the Company (a “Share”) at an exercise price equal to the market price of the Shares on the date of grant, for a period of five (5) years from the date of grant, provided that Mr. Handin continues to provide services to the Company.
ABOUT DEEP SEA MINERALS CORP.
Deep Sea Minerals Corp. is a subsea mineral exploration and development company focused on evaluating opportunities to support the future supply of critical minerals through the acquisition, exploration, and development of deep-sea mineral assets.
The Company’s strategy is centered on identifying jurisdictions and geological settings with potential exposure to polymetallic nodule systems, which are recognized for containing combinations of metals that may be relevant to defense, industrial manufacturing, clean energy infrastructure, advanced electronics, and artificial intelligence-related supply chains. These seabed resources represent a largely undeveloped component of the global mineral supply base and are the subject of increasing policy, scientific, and regulatory attention worldwide.
As part of this process, the Company has commenced 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 international, national, and environmental frameworks.
For further information, please see the Company’s website: https://www.deepseamineralscorp.com
SOCIAL MEDIA
Facebook: https://www.facebook.com/deepseacorp/
Instagram: https://www.instagram.com/deepseacorp
X: https://x.com/deepseacorp
LinkedIn: https://www.linkedin.com/company/deepseacorp
Youtube: https://www.youtube.com/@deepseacorp
ON BEHALF OF THE BOARD
“James A. Deckelman”
James A. Deckelman, Chief Executive Officer
For further information, please contact:
James A. Deckelman
Chief Executive Officer
Phone: 1-281-467-1279
Email: info@deepseamineralscorp.com
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved the contents of this press release.
Forward-Looking Statements
This news release includes "forward-looking information" that is subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Forward-looking statements may include but are not limited to Company’s plans, objectives and strategies, expected benefits of subsea mineral exploration and development, and are subject to all of the risks and uncertainties normally incident to such events. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements.
FAQ**
How does the appointment of Mark Handin as a Strategic Advisor at Deep Sea Minerals Corp. (DSEAF) influence the company's exploration strategies for critical minerals in the context of regulatory compliance and government engagement?
What specific roles will Mr. Handin undertake as a Strategic Advisor for Deep Sea Minerals Corp. (DSEAF) to enhance operational efficiency in subsea exploration and development projects?
How does Deep Sea Minerals Corp. (DSEAF) plan to leverage insights from Mr. Handin's extensive experience in offshore operations to drive its exploration initiatives in the Pacific Ocean region?
What are the potential impacts of the stock options granted to Mr. Handin on the performance and strategic direction of Deep Sea Minerals Corp. (DSEAF) in the competitive critical minerals sector?
**MWN-AI FAQ is based on asking OpenAI questions about Deep Sea Minerals Corp. (OTC: DSEAF).
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