Deep Sea Minerals Q2 2026 loss widens as marketing, Nasdaq-related fees climb, company says

• Deep Sea Minerals posted a Q2 2026 net loss of CAD 1.99 million, driven by sharply higher operating spending following its strategic shift.
• Advertising and marketing expense reached CAD 589,422, mainly tied to a marketing services agreement and related investor outreach initiatives.
• Professional and consulting fees rose to CAD 422,799, reflecting heavier legal and advisory work tied to a planned Nasdaq listing.
• Stock-based compensation totaled CAD 589,653, a non-cash charge linked to option and restricted share unit vesting.
• Cash was CAD 1.64 million at June 30, 2026; management flagged the need for additional financing to fund planned activities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Deep Sea Minerals Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-089437), on August 14, 2026, and is solely responsible for the information contained therein.