Copperhead Announces Approval of Change of Business
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Copperhead Resources Inc.
Vancouver, BC, Jan. 20, 2026 (GLOBE NEWSWIRE) — Copperhead Resources Inc.(to be renamed Deep Sea Minerals Corp.) (CSE: CUH) (OTCPK: CUHRF) (FSE: X45) (“Deep Sea” or the “Company”) is pleased to announce that, further to its news release of January 19, 2026, that the Company’s change of business to focus on subsea critical mineral exploration and development (the “Change of Business”) and name change to “Deep Sea Minerals Corp.” (the “Name Change”) have been approved by a majority of the Company’s shareholders by written consent. The Company has also received final approval from the Canadian Securities Exchange (the “CSE”) for the Change of Business.
Subject to final approval from the Canadian Securities Exchange regarding the Name Change, the Company expects the Name Change to be effective on or about January 26, 2026, at which time the common shares in the capital of the Company (the “Shares”) are expected to trade on the Canadian Securities Exchange under the symbol “SEAS”.
The new CUSIP will be 24378A101 and the new ISIN number will be CA24378A1012, under the new name of the Company.
In connection with, and in anticipation of, the Name Change, the Company has completed a corporate rebrand and launched a dedicated website at www.deepseamineralscorp.com, providing investors and stakeholders with an overview of the Company’s strategic direction, governance framework, and evolving focus within the deep-sea critical minerals sector.
“This is a foundational milestone for the Company, and we are incredibly excited to launch our new branding, which will better align our operations with the Company’s long-term strategic directives,” said James Deckelman, CEO of Deep Sea Minerals Corp. “The approval of our change of business formally marks our entry into one of the most strategically important frontiers in the global resource development and critical minerals sector. As governments and industries confront growing supply-chain constraints for critical minerals essential to defense, energy transition, and advanced technologies, the deep seabed is increasingly being evaluated as a long-term strategic resource. Our objective is to position Deep Sea Minerals early, responsibly, and methodically within this emerging sector.”
POLICY & STRATEGIC CONTEXT
The Company’s strategic focus aligns with recent policy actions by the United States government emphasizing the importance of securing long-term access to critical minerals. In particular, an Executive Order issued by President Donald J. Trump directed U.S. federal agencies to accelerate the assessment and development of deep-sea mineral resources as part of a broader effort to reduce reliance on foreign-controlled supply chains for materials deemed essential to national defense, advanced manufacturing, and economic security.
This Executive Order was reinforced in a January 14, 2026 Trump Administration Proclamation directing the U.S. Commerce Secretary to pursue negotiation of agreements to address the threatened impairment of the national security with respect to imports of Processed Critical Minerals and Derivative Products (PCMDPs) from any country.
These actions underscore growing recognition at the highest levels of government that seabed mineral resources may represent a strategically important component of future critical-minerals supply. Deep Sea Minerals believes that early, disciplined engagement in this sector—guided by technical rigor, environmental responsibility, and regulatory coordination—positions the Company to participate constructively in an emerging area of global resource development.
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 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.
For further information, please see the Listing Statement, a copy of which is available under the Company’s profile on SEDAR+ at www.sedarplus.ca.
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, statements relating to the completion of the Name Change and Change of Business, the 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.
Investors are cautioned that any such forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. A variety of inherent risks, uncertainties and factors, many of which are beyond the Company’s control, affect the operations, performance and results of the Company and its business, and could cause actual events or results to differ materially from estimated or anticipated events or results expressed or implied by forward looking statements. Some of these risks, uncertainties and factors include: capital requirements and financing risk; permit and licensing risk; regulatory approvals for production; resource and property rights risk; continued operating losses; general business risk; legal, political, and civil instability; extensive government regulation; operational risks of subsea development; natural hazard risk; asset seizure or forced sale risk; equipment failure and technological obsolescence; dependence on key personnel; reliance on consultants and contractors; strategic changes and restructuring risk; uncertain market demand for minerals; mineral sales and disposition delays; uncertainty of mineral resource estimates; additional factors impacting resource estimates; inadequate insurance coverage; litigation exposure risk; vulnerability to short selling; and business expansion and integration risks. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements and reference should also be made to the Company’s CSE Form 2A – ListingStatement filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors.
Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
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