Deep Sea Minerals Corp. (SEAS) Financings
CSE: SEAS · Copper, Gold · Exploration stage
- Market cap$23.9M
- Share price$0.500
- 52-week range$0.165 – $2.44
- Shares outstanding47,808,250
- ExchangeCSE
- Properties4
- Websitedeepseamineralscorp.com
Deep Sea Minerals Corp. is a subsea mineral exploration and development company focused on evaluating opportunities to support the future supply of critical minerals through the acquisition, exploration, and development of deep-sea mineral assets. The Company’s strategy is centered on identifying jurisdictions and geological settings with potential exposure to polymetallic nodule systems, which are recognized for containing combinations of metals that may be relevant to defense, industrial manufacturing, clean energy infrastructure, advanced electronics, and artificial intelligence-related supply chains. These seabed resources represent a largely undeveloped component of the global mineral supply base and are the subject of increasing policy, scientific, and regulatory attention worldwide. As part of this process, the Company has commenced early-stage engagement with select governments and regulatory stakeholders in the Pacific Ocean region to assess potential pathways for future exploration initiatives, subject to applicable international, national, and environmental frameworks.
- Company Overview
- Interactive Economic Study
- Mining Data
- News
- Financials
- Management Team
- Insider Sales
- SEDAR+ Filings
Deep Sea Minerals Corp. financial statements
Key figures read from 1 of 1 financial statement filing, Feb 17, 2026 to Feb 17, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | |
|---|---|---|
| Cash and equivalents | C$99,735 | C$210,190 |
| Total current assets | C$104,584 | C$238,816 |
| Total current liabilities | C$151,596 | C$141,909 |
| Working capital | (C$47,012) | C$96,907 |
| Exploration and evaluation assets | C$0 | C$52,500 |
| Total assets | C$104,584 | C$291,316 |
| Shareholders' equity | (C$47,012) | C$149,407 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | |
|---|---|---|
| General and administrative | C$136,744 | C$83,721 |
| Impairments and write-downs | (C$103,000) | C$0 |
| Net income (loss) | (C$314,169) | (C$114,820) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | |
|---|---|---|
| Operating cash flow | (C$177,705) | (C$47,657) |
| Investing cash flow | (C$25,000) | C$0 |
| Financing cash flow | C$92,250 | C$0 |
| Change in cash | (C$110,455) | (C$47,657) |
| Cash at end of period | C$99,735 | C$210,190 |
Deep Sea Minerals Corp. financings
3 financings announced or closed by Deep Sea Minerals Corp., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-07-30 | Deep Sea Minerals Corp. (SEAS) | Private placement | Announced | $50.0M | — | Deep Sea Minerals Corp. Files Final Base Shelf Prospectus and Receives Final Receipt |
| 2026-01-21 | Deep Sea Minerals Corp. (SEAS) | Private placement, non-brokered | Closed, 1 tranche | $4.2M | $0.400 | Copperhead Announces $4.0 Million Private Placement Financing to Accelerate Entry into the Deep Sea Critical Minerals Sector |
| 2024-12-06 | Deep Sea Minerals Corp. (SEAS) | Flow-through, non-brokered | Tranche closed, 1 tranche | $300K | $0.100 | Copperhead Resources Announces Non-Brokered Private Placement |
Deep Sea Minerals Corp. debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Deep Sea Minerals Corp. has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2026-01-19 | Loan, proposed | — | — | — |
Related lists
- Copper stocks
- CSE copper stocks
- Copper explorers
- United States copper stocks
- British Columbia copper stocks
- Canada copper stocks
- United States mining stocks
- British Columbia mining stocks
- Canada mining stocks
- CSE mining stocks