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Seafarer Expl Corp - SFRX STOCK NEWS

Welcome to our dedicated page for Seafarer Expl news (Ticker: SFRX), a resource for investors and traders seeking the latest updates and insights on Seafarer Expl stock.

Seafarer Exploration Corp (SFRX) specializes in underwater archaeology and maritime heritage preservation, combining advanced technology with rigorous research to recover historical artifacts. This page provides timely updates on the company’s exploration activities, regulatory milestones, and conservation initiatives.

Investors and researchers will find a centralized repository of press releases detailing permit approvals, technological advancements in underwater imaging, and discoveries from colonial-era shipwreck sites. Regular updates cover partnerships with conservation institutions and progress in artifact documentation processes.

Key focus areas include non-intrusive excavation methods, geospatial mapping innovations, and compliance with Florida’s archaeological regulations. The curated news collection enables stakeholders to track operational developments while understanding the company’s role in preserving cultural heritage.

Bookmark this page for objective reporting on SFRX’s underwater exploration projects and their contributions to maritime archaeology. Visit regularly for verified updates directly from corporate communications and authorized media sources.

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Seafarer Exploration Corp (SFRX) secures renewal permits for advancing underwater archaeology efforts in Melbourne Beach, Florida, allowing the company to continue resolving colonial-era shipwrecks and recover diagnostic artifacts. The company's dedication to responsible archaeological exploration and preservation of underwater cultural heritage is highlighted through collaborative efforts with the State of Florida.
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Seafarer Exploration Corp (SFRX) has announced the issuance of a 5-year Letter of Permission from the US Army Corps of Engineers for the Juno Beach project, along with other necessary permits. The company aims to engage in the research, documentation, exploration, recovery, and conservation of historic shipwrecks, with a focus on a mid-1500s unidentified shipwreck at Juno Beach. Seafarer has made remarkable progress in 2023, including the recovery of a silver coin from the site, and has secured a million-dollar debt financing instrument at a 6% interest rate. The company is poised for an exciting year ahead, with promising non-ferrous targets identified by their proprietary technology, SeaSearcher.
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Seafarer Exploration Corp. (OTCQB: SFRX) announced the construction of its second-generation SeaSearcher platform aimed at enhancing underwater exploration. The new design boasts improved metal discrimination and 3D imaging capabilities, allowing for effective operation in both autonomous and towfish modes. CEO Kyle Kennedy highlighted successful field tests and noted the identification of various metals at the Melbourne Beach Area. The SeaSearcher is expected to scan additional shipwreck sites, and there is interest from treasure salvors to lease the technology.

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Seafarer Exploration Corp. (OTCQB: SFRX) announced a new initiative to share underwater archaeology work with the public via media platforms like YouTube, beginning this week. CEO Kyle Kennedy emphasized the importance of public sharing and the company's alignment with the Florida Division of Historical Resources. Seafarer has created a subsidiary, Exploration Studios, LLC, to enhance revenue through media outreach. The company continues to engage in significant archaeological research and exploration off the Florida coast.

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Seafarer Exploration Corp. (SFRX) announced it received a notice from the Florida Department of State stating they lack the authority to permit or deny recovery activities on a shipwreck located at Juno Beach. This acknowledgment affirms Seafarer’s exclusive ownership of the wreck, as determined by a U.S. District Court in 2017. CEO Kyle Kennedy expressed relief over this decision, emphasizing potential savings in time and costs. The company will still require permits from the Florida Department of Environmental Protection and the U.S. Army Corps of Engineers.

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Seafarer Expl Corp

OTC:SFRX

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35.41M
8.10B
12.74%
0.03%
Specialty Business Services
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United States
Tampa