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Treasure & Shipwreck Recovery Announces Start of Operations and Resources on Treasure Site

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Treasure & Shipwreck Recovery (OTC PINK:BLIS) has announced the delivery of the Capitana, a specialized treasure recovery vessel, in partnership with Gold Hound, LLC. The vessel will operate in the historically rich 1715 wreck site off Sebastian, Florida, aiming to explore unsearched areas identified by Greg Bounds. This project benefits from the state-permitted site known for previous recoveries of gold, silver, and jewels. TSR anticipates significant treasure recoveries during the summer months and plans to provide updates and media content through their Instagram.

Positive
  • Partnership with Gold Hound for treasure recovery increases operational capacity.
  • Delivery of the Capitana enhances treasure recovery efforts at the 1715 wreck site.
  • The site has historical significance with previously successful recoveries.
  • New technologies and scanning methods are expected to improve recovery rates.
Negative
  • None.

ST. PETERSBURG, FL / ACCESSWIRE / June 16, 2021 / Treasure & Shipwreck Recovery, Inc. ("TSR" or "the Company"), (OTC PINK:BLIS), announces the Company has taken delivery of the Capitana a specially made treasure recovery vessel working with our Partner Gold Hound, LLC and Greg Bounds for immediate use on the known 1715 sites off Sebastian Florida. The vessel was worked up with Gold Hound and TSR and was taken from Ft. Pierce to Sebastian Florida to work the thousands of targets that Bounds has surveyed off the known treasure wreck site. The Capitana, under Bounds, and with crew and divers from both Companies will now be operating on the target locations previously unsearched, using the new technologies and scanning we now have that pinpoint areas to be searched for expected dramatic recoveries.

The site area off Sebastian has been perpetually permitted with the State of Florida, and has been the site of valuable recoveries from a suspected four wrecks from the renowned and enormously laden 1715 Fleet, which sank in July 1715 during a hurricane. Although much of the inshore areas have been worked, and many recoveries made, the vast amount of treasure, in the form of gold and silver coins, bullion bars, emeralds, jewelry and other valuable items are still to be found. Through the exhaustive work of Bounds over the last year, he has tracked and identified thousands of "hits" extending out in un-searched areas that show definitive trails of wrecks to be explored and recoveries to be made. Given the success that both Bounds and his company Gold Hound has had, along with Kane Fisher of TSR who has had numerous recoveries through the years on the site, TSR with this partnership looks for a great amount of treasure recovery to occur through the summer months. vessel to be worked with entered into a long-term agreement for partnership on proven perpetually permitted wreck sites off the East Coast of Florida for work during the summer season.

The Capitana is a specially outfitted large dive vessel with blower machinery, and large space for diving and equipment made for treasure recovery. With other smaller vessels in support, TSR and Gold Hound are already on-site finishing surveys, and ready to have the whole crew and divers to hit the sites in the next week. These sites and targets are proven treasure troves, historically and with TSR in partnership with Gold Hound, we look forward to a fantastic dive and recovery season.

With the vessels now ready, TSR will update and provide information on all aspects of operations, including video and other media updates in the short term. TSR has also activated an Instagram site for posts we will make available for videos and pictures on a daily basis. See https://www.instagram.com/tsrtreasurehunters/

About Treasure & Shipwreck Recovery

TSR is a three-fold treasure related company, with its own recovery vessels and partners, it has made recoveries, and holds hundreds of miles of researched areas. TSR has its treasure recovery part of the Company as well as its Media Group for television, gaming and Media matters such as its gaming portion and its television side being developed. All three components will make up the triad of revenue sources and business development.

Our web site will be updated as new matters are announced including recoveries, the media side, and gaming side at www.treasurewreck.com. Instagram at https://www.instagram.com/tsrtreasurehunters/

FORWARD LOOKING STATEMENTS: This press release and the statements of representatives of TSR. (the "Company") related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, TSR's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (Pink Sheets). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.

COMPANY CONTACT TSR: Website: www.treasurewreck.com

Craig A. Huffman EMAIL: Craig@treasurewreck.com,

INVESTOR RELATIONS: TELEPHONE: (877) 723-5477

SOURCE: Treasure & Shipwreck Recovery, Inc.



View source version on accesswire.com:
https://www.accesswire.com/651877/Treasure-Shipwreck-Recovery-Announces-Start-of-Operations-and-Resources-on-Treasure-Site

FAQ

What is the latest announcement from Treasure & Shipwreck Recovery (BLIS)?

Treasure & Shipwreck Recovery announced the delivery of the Capitana vessel, aiming for treasure recovery operations off Sebastian, Florida.

What is the purpose of the Capitana vessel for BLIS?

The Capitana is designed for treasure recovery and will explore unsearched areas of the 1715 shipwreck site.

How does TSR plan to update investors on their recovery operations?

TSR plans to provide updates through media content, including videos and posts on their Instagram.

What historical significance does the site off Sebastian, Florida have for BLIS?

The site is known for previous recoveries from the 1715 Fleet, which sank during a hurricane.

How will the partnership with Gold Hound impact TSR's operations?

The partnership is expected to enhance operational capacity and increase the likelihood of successful treasure recoveries.

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