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Seafarer Exploration Corp. (SFRX)

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Seafarer is an underwater salvage and exploration company. The Company is focused on the exploration of a shipwreck through its wholly owned subsidiary, Seafarer Exploration, Inc.

Seafarer Exploration Corp. is a publicly traded underwater salvage and exploration company traded under the symbol SFRX. The principal business of the company is to develop the infrastructure necessary to engage in the archaeologically-sensitive research, documentation, exploration, recovery and conservation of historic shipwrecks. The company has secured multiple sites it believes contain historic and valuable shipwrecks. The company will use accepted archaeological methods to properly document, research and recover portions of the wrecks. Seafarer employs scientists and historians and is committed to preserving the cultural and historical significance of every wreck it finds. www.seafarercorp.com

Seafarer's Quest Issued 3-Year Renewal of Melbourne Beach Permits

TAMPA, Fla., March 12, 2019 -- Seafarer Exploration Corp. (OTCQB: SFRX) is pleased to announce it has been granted renewals to two 1A-31 Exploration Permits, each with a Dig and Identify Modification, for Areas 1 and 2 of the Melbourne Beach site from the Florida Bureau of Archaeological Research (FBAR) and the Division of Historical Resources (DHR). The DHR is issuing a 3-year extension for permit numbers 2016.05 and 2014.04 to Seafarer's Quest LLC, which will extend the permits to March 1, 2022 and January 14, 2022, respectively. Seafarer's Quest is a partnership between Seafarer Exploration and Heartland Treasure Quest.

Seafarer CEO Kyle Kennedy stated, "We are again pleased to receive these renewals as there are several areas of interest that warrant further investigation in these territories. Hopefully, some of the new technology we are developing internally will help us better understand this wreck site. Also, I'd like to thank the director and staff at FBAR and DHR for their cooperation and assistance."

Mr. Kennedy continued, "With the help of the scientists and engineers at Probability and Statistics and the Florida Institute of Technology we should be able to significantly increase our knowledge of this shipwreck and further verify its provenance. At this point, our research and investigation indicates a Spanish 1715 fleet shipwreck."

All work will be conducted under the terms of an exploration permit issued by the Florida Department of State, Bureau of Archaeological Research, Division of Historical Resources.


Uptick Newswire Hosts Probability and Statistics, Inc., on the Stock Day Podcast to Discuss Their Partnership with (SFRX) and the Future of the Company

PHOENIX, Feb 14, 2019 (GLOBE NEWSWIRE via COMTEX) -- PHOENIX, Feb. 14, 2019 (GLOBE NEWSWIRE) -- Uptick Newswire Stock Day Podcast welcomed a partner of Seafarer Exploration (SFRX), a publicly traded underwater salvage and exploration company. Don Beavers, the President and CEO of Probability and Statistics, Inc., joined Stock Day host Everett Jolly to discuss their partnership with Seafarer Exploration.

Jolly began the interview by announcing to listeners that the Stock Day Podcast will be hosting a five-part special on Seafarer Exploration. Just five days ago Chief Technology Officer, Dr. Michael Torres, appeared on the Stock Day show.

Jolly then asked Beavers to share some insight into the partnership between Probability and Statistics, Inc. (P&S) and Seafarer Exploration. Beavers stated, "We started working with Seafarer last year, they're an undersea exploration company. We do a lot of high-end computational mathematics and technology integration, and we saw some opportunities to work with them. They've got a great company and we've got some technologies that really fit into what they do."

Beavers further explained that Probability and Statistics, Inc. mainly specializes in the aerospace industry, compared to Seafarer which specializes in undersea exploration.

Surprisingly, these industries have a lot in common including similar mathematical applications. The partnership between these two companies will allow Probability and Statistics, Inc. to help Seafarer Exploration track debris fields and determine the most likely location of wreckage spots. Additionally, Probability and Statistics, Inc. has extensive experience in blockchain technology which benefits the Company's search for rare metals.

Beavers also shared that P&S is also helping Seafarer Exploration develop new sensor technology that allows them to find non-ferrous metals at a much greater distance than ever before. "We have a pretty impressive engineering department here and we have some really talented scientists, and we're helping Seafarer Exploration make this part of the job a lot easier," stated Beavers.

Beavers added, "Our goal is to make Seafarer the most advanced company, technologically, out there." He continued by sharing his excitement for their partnership with Seafarer Exploration and the technology that P&S will be able to share with them. Beavers then closed by stating his amazement for the Company's findings and his own personal enjoyment in participating in the search for treasure.

To hear the complete interview for Seafarer Exploration follow the link to the podcast here: https://upticknewswire.com/featured-interview-don-beaver-president-of-probability-statistics-inc-otcpink-sfrx/


Uptick Newswire Hosts Seafarer Exploration Corp. on Their Stock Day Podcast to Discuss New Partnerships and Revenue Potential for 2019

PHOENIX, Feb 07, 2019 (GLOBE NEWSWIRE via COMTEX) -- PHOENIX, Feb. 07, 2019 (GLOBE NEWSWIRE) -- Uptick Newswire Stock Day Podcast welcomed Seafarer Exploration Corp. (SFRX), a publicly traded underwater salvage and exploration company. Chief Technology Officer, Dr. Michael Torres, joined Stock Day host Everett Jolly.

Jolly began the interview by asking Dr. Torres to explain the Company's blockchain technology and the revenue it produces. Dr. Torres shared that the Company's partnership with P&S offers them a unique position in the market and has allowed their blockchain technology to become a steady source of revenue. Dr. Torres also explained that their partnership with Advanced Autonomous Radar Interrogation Technology allows them to detect noble metals. This system is incredibly unique as it is able to detect the content of an alloy and can be used to find rare minerals. For a salvage and exploration company like Seafarer Exploration Corporation, this is an invaluable tool.

Dr. Torres stated, "It's a new concept. This study just came out in 2017 for external quantum efficiency, which is essentially applied particle physics. No one has this device yet. This device is brand new to the market. It is unique in that it can detect and differentiate noble metals."

Dr. Torres continued to explain that this system can be used for mineral detection, wreckage, search and rescue, to detect gold and silver on ships, and even to determine whether or not a vessel belongs to the United States. "It has multiple applications. It is a brand-new technology," stated Dr. Torres.

Jolly then asked whether or not the Company is considering loaning the system out to other wreckage companies in the future. Dr. Torres explained that they have been considering this route, as well as loaning the system to agencies within the federal government.

Jolly followed by asking Dr. Torres how the Company plans to build revenue throughout 2019. Dr. Torres explained that the Company plans to generate revenue in numerous ways including through their wreckage projects, as well as by loaning their new technology to other wreckage companies and selling the organic version of the Advanced Autonomous Radar Interrogation Technology to various government agencies.

Dr. Torres then shared his excitement for the Company's most recent wreckage find of a Peruvian Death Mask made out of Uridium, presenting an intriguing historical significance. The team then found a Spanish piece of eight about 150 yards away from the mask, which was dated 1712. Dr. Torres explained that the Company has an exploratory permit which will allow them to excavate this site.

Dr. Torres closed the interview by sharing his excitement for the future of the company, including the potential revenues through 2019. "It's an exciting time. I know the stock is low, but there's not much downside right now," stated Dr. Torres.

To hear the entire interview with Dr. Mike Torres, follow the link to the podcast here: https://upticknewswire.com/featured-interview-dr-mike-torres-of-seafarer-exploration-corp-otcpink-sfrx/

About Seafarer Exploration:

Seafarer Exploration Corp. is a publicly traded underwater salvage and exploration company traded under the symbol SFRX. The principal business of the company is to develop the infrastructure necessary to engage in the archaeologically-sensitive research, documentation, exploration, recovery and conservation of historic shipwrecks. The company has secured multiple sites it believes contain historic and valuable shipwrecks. The company will use accepted archaeological methods to properly document, research and recover portions of the wrecks. Seafarer employs scientists and historians and is committed to preserving the cultural and historical significance of every wreck it finds. www.seafarercorp.com

Jan. 22, 2019

Ancient pre-Columbian artifact discovered off Melbourne Beach

Link to video

MELBOURNE BEACH — In a confidential location at sea, explorers believe they're getting closer to what might become the richest archaeological discovery of our time. A recently washed-up ancient Peruvian funeral mask is believed to be part of a $4 billion sunken treasure off the coast of Melbourne Beach.

According to researchers with Seafarer Exploration Corporation, the treasure went down with a Spanish ship sunk in 1715 during a hurricane as it sailed from Cuba to Spain. Searching for the past 11 years, Army Ranger and MIT adjunct professor Dr. Mike Torres believes teams have found the debris trail.

"There are not many examples of this in the world today," Torres said about what he called the team's first major discovery in 11 years.

Torres believes the Spanish took the mask from a tomb in Peru. Long before European contact, archaeologists believe a native civilization smelted the mask possibly thousands of years BC. Now containing only trace elements of gold and silver, the mask is believed to have originally been gold-plated.

It's mostly copper but also contains iridium, which comes from meteorites. Torres believes it could be one of the earliest known examples of human metal working.
"They had to, at one point, figure out blast furnaces," he said. "It took serious thought to smelt this."

If the rest of the treasure is discovered, Torres and Seafarer Exploration Corp. get to keep 80 percent of it. Torres said it would be kept in a collection and preserved for public viewing. The state of Florida would keep the remainder of the discovery. "I'm going after the mission. What happens after that, I'll face when I need to I suppose," Torres said about the possibility of striking it rich.

Copyright 2019 by WKMG ClickOrlando.

Oct. 29, 2018

Welcome Mike Torres to the Seafarer Advisory Board

“Seafarer Exploration is pleased to announce the addition of Dr. Michael Torres to the advisory board. Dr. Torres has extensive knowledge and experience in avionics system development and aerospace engineering, was an adjunct professor at Massachusetts Institute of Technology (MIT), and is a decorated and wounded war veteran receiving a Purple Heart with Oak Cluster and the Bronze Star with Valor among other citations and awards.

Dr. Torres will help Seafarer develop advanced technologies to find gold, silver and other elements buried at sea and under the sand. Completion of this technology will create a paradigm shift in the industry and will evolve into additional applications, uses and revenue streams for Seafarer. Understand that Seafarer’s core business remains archaeologically-sensitive exploration, recovery, and conservation of historic shipwrecks. The growth of Seafarer into these additional sectors supports our core focus by generating revenues which are then used to fund our operations of exploration and recovery—this is a win-win for all parties involved but especially shareholders.

To further demonstrate the magnitude of Seafarer’s vision, we have created another wholly owned subsidiary named Advanced Autonomous Radar Interrogation Technology, LLC (AARIT). Dr. Torres is the chief technical officer of AARIT and is pursuing and developing additional technologies and projects, potentially for government agencies, aerospace companies, and defense contractors.

Dr. Torres was raised outside of Charleston, S.C. where, in 2003, he earned a BS of Electrical Engineering from The Citadel, The Military School of South Carolina. Upon graduation, Dr. Torres was commissioned in the U.S. Army as a Second Lieutenant and served two combat tours of duty in Afghanistan with the 3rd Brigade 505th of the 82nd Airborne Division. While in the U.S. Army, Dr. Torres earned the following degree, qualifications, awards and citations (partial list):

  • Doctorate of Aeronautical Engineering, Duke University 
    Bronze Star with Valor
    Purple Heart with Oak Cluster
    Meritorious Service Citation 
    U.S. Army Achievement Medal
    Combat Infantry Badge
    U.S. Army Airborne Tab
    U.S. Army Ranger Tab
    Advanced Infantry School
    U.S. Army Survival School
    Military Occupation Specialty 11A (Infantry Officer)
    Military Occupation Specialty 35G (Signals Intelligence/Electronic Warfare Officer/Geospatial Intelligence Imagery Analyst)

After being wounded during both deployments, Dr. Torres medically retired from the U.S. Army in 2008 with the rank of Captain. Dr. Torres continued with his post-doctorate work in Electronic Warfare Systems Threat Detection and Counter Measures at Syracuse University (publishable work deemed classified). While at Syracuse University, Dr. Torres worked closely with the U.S. Government and the defense industry to develop advanced GSM and CDMA signal jamming and targeting technology (publishable work deemed classified) to be deployed to active “combat zones” around the world. 

Dr. Torres went on to become an Adjunct Professor of Aerospace Engineering at MIT with engineering laboratories at Lincoln Laboratory and Charles Stark Draper Laboratory. While at MIT, Dr. Torres worked with both the defense industry and the commercial space industry to develop advanced navigation, weapon, and communication systems.

Dr. Torres’ technology will benefit Seafarer directly in our search for shipwrecks and their cargo but also by opening up new opportunities for possible revenue growth via leading-edge developments.”

– Kyle Kennedy, CEO


Seafarer: What is your background?

Mike Torres: My background is rather diverse but one area is physics and aerospace engineering with focuses on applied particle physics and orbital dynamics. I also have additional experience focused on rapid prototyping, specifying in remote sensing theory and deep space satellite communication.

What are your goals and ambitions with Seafarer?

With my acquired leadership experience and technical expertise, I plan to develop and utilize cutting-edge technology to significantly advance Seafarer and make the company a leader both in marine archaeology and the technology sphere. Additionally, the technology I plan to develop for Seafarer will remarkably enhance their efficiency and drastically shorten the industry standard time commitment for the exploration, identification, and recovery of gold, silver and other precious metals and stones buried across the ocean floor. I also aspire to bring Seafarer to the forefront of remote sensing technology and applied particle physics for the defense and marine fields. This focus will further industry standards along with Seafarer’s standings in underwater exploration, sub-sea profiling, and detection, as well as in deep-sea mining and salvage by bringing lost historical artifacts back to the surface through the use of the technology we design.

Where do you see Seafarer in 5 years?

I see Seafarer as a leader in the defense and marine fields. The initiatives I’ll be spearheading will set precedence for innovative technology—eventually becoming the new standard in applied particle physics and remote sensing. This will ensure Seafarer as the front-runner dominating their industry sector.


Seafarer Announces Share Exchange with Probability & Statistics

TAMPA, Fla., Sept. 5, 2018 /PRNewswire/ -- Seafarer Exploration Corporation is pleased to announce a share exchange of 60 million restricted common shares for 10,000 non-dilutive common shares of the private company Probabilities and Statistics, Inc. (P&S). Seafarer has received a one percent position in P&S.      

Kyle Kennedy, CEO of SFRX, stated, "This is the first major step in building a strong symbiotic relationship with a cutting-edge technology company. P&S has the capacity to take us to a new level of technological development and ultimately potential revenues. A carefully designed program has been created between P&S and Seafarer to both monetize emerging technologies and engage Seafarer to be compensated for directing private and public companies who wish to utilize blockchain encryption to P&S for their services. P&S is a leader in blockchain encryption and already works with government, aerospace, defense contractors, banks and industries in a high-tech research, development and support role. Nobody in our industry sector remotely comes close to what Seafarer is doing. We already set the bar in everything we do, but P&S can take us into a space that far exceeds our expectations and industry norms." 

Kennedy continued, "P&S has an exceptional team of scientists and engineers who can further propel our own development of technology in specialized equipment to advance our proprietary designs. Additionally, P&S has innovative computing and modeling systems which utilize a type of artificial intelligence to maximize effectiveness through its proprietary advanced algorithms. To our knowledge and extensive research, no one compares to P&S."

Mr. Kennedy added, "While ongoing upgrades to the Iron Maiden have limited the number of working days, combined with fewer days of seas under three feet, we have continued to work and find shipwreck material. We appear to have shipwreck debris from the early 1700s, but the area is large and will require more work."

Don Beavers, president of P&S, stated, "Probability and Statistics is very excited about proceeding with Seafarer Exploration on multiple projects including blockchain applications, engineering support, topographic modeling, sensor recording and analysis, and other relevant advanced technology integration. Our experience in aerospace and engineering directly translates to new and exciting opportunities in the undersea world. Combining our advanced computing with Seafarer's exploration experience brings significant potential for success. Our blockchain data systems could also provide a competitive advantage for Seafarer in both data and security. We also believe that Seafarers existing partnerships and alliances, developed over many years, will lead to potential new projects and revenues for both corporations. Our equity exchange is based, from our point of view, on the belief that our technology could push Seafarer to the very forefront of sub-aquatic exploration and its related industries and bring new revenue opportunities to both entities." 

Seafarer Exploration Pulls Up Exciting Artifacts During First Dive at Cape Canaveral Shipwreck Site

8/11/14, 9:00 AM
TAMPA, Fla., Aug. 11, 2014 /PRNewswire/ -- Seafarer Exploration Corporation (OTCQB: SFRX), a company focused on archeologically sensitive exploration, research and recovery of historic shipwrecks announced today that their first dive at a newly permitted shipwreck site near Cape Canaveral, FL has already yielded some very exciting artifacts.  The site is believed to contain the remnants of a ship from the early colonial era (1500-1700) and artifacts retrieved during the first dive appear to reinforce that notion.  Specifically, divers extracted what appears to be a colonial era cannon measuring 2.46 meters long and 40 centimeters at its widest point that would have been used to protect the ship and its contents. In addition some wood, spikes, and other encrusted objects have already been found.

"This is absolutely fantastic!" exclaimed Kyle Kennedy, CEO of Seafarer. "We have worked several sites for months with less to show, so to find artifacts of material value on our first day is absolutely extraordinary.  We're very excited about the future of this site."   

James Sinclair, underwater archaeologist, added "I am very pleased we are finding shipwreck-related material so quickly on this site. We will examine the cannon and other artifacts to try to determine the identity of the wreck, but as of right now the combined artifacts suggest a possible Spanish ship from the colonial era."

Mr. Kennedy continued, "I am very thankful to our crew, project manager Terry Tate, Captain Alexander Javorsky, Levin Shavers, Aaron Cartwright, Mike Renfro, Michael Brownstein, and Jonathon Tate for their dedication, hard work, and commitment to adhere to archaeological guidelines. We are all very optimistic about this site but we still have a lot of testing and exploration to do to find more of this shipwreck. We have moved significantly closer to providing the Florida Bureau of Archaeological Research two of the three pieces needed for conversion of our dig and identify permit to a full recovery permit."

Terry Tate, project manager commented "I can hardly believe I felt the cannon as I pushed my hand through the sand on one of the mag targets we had analyzed. This is the first canon I have ever found, and I hope finding it on our first day of testing is a good omen."

Mr. Kennedy finished by stating, "While we certainly like our start on this site, we are continuing to research other potential shipwreck sites, and have started paperwork on a fourth site of a known treasure shipwreck which has not been salvaged. We are committed to both strict adherence to archaeological guidelines and conservation, and to building shareholder value."

About Seafarer Exploration

Seafarer Exploration Corp. is a publicly traded underwater salvage and exploration company. The principal business of the company is to develop the infrastructure necessary to engage in the archaeologically-sensitive research, documentation, exploration and recovery of historic shipwrecks. The company is attempting to secure multiple sites it believes may contain historic shipwrecks. The company will use accepted archaeological methods to properly document, research and recover portions of the wrecks.


The press release may include certain statements that are not descriptions of historical facts but are forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements may include the description of our plans and objectives for future operations, assumptions underlying such plans and objectives, and other forward-looking terminology such as "may," "expects," "believes," "anticipates," "intends," "projects," or similar terms, variations of such terms or the negative of such terms. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein. Such information is based upon various assumptions made by, and expectations of, our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. Accordingly, there can be no assurance that actual results will meet expectation and actual results may vary (perhaps materially) from certain of the results anticipated herein.


Kyle Kennedy
(813) 448-3577

SOURCE Seafarer Exploration Corp.

Seafarer Hires Red Letter Studios

Seafarer crew hunting for Spanish gold off Juno Beach


Seafarer to Begin Excavation of Shipwreck Site Located Off of Lantana Beach, Florida

Jun 20, 2013 (ACCESSWIRE via COMTEX) -- Receipt of Permit from the U.S. Army Corps of Engineers and Easement Clears Way for Excavation to Begin on June 20th, 2013
TAMPA, FL June 20th, 2013 — Seafarer Exploration Corp. (OTCQB: SFRX), a company focused on the archaeology and research of historic shipwrecks, has crossed the final hurdles relating to the proposed excavation of a shipwreck site located off of Lantana Beach, FL with the recent receipt of a permit from the U.S Army Corps of Engineers and an underwater easement agreement from the Board of Trustees of the Internal Improvement Trust Fund. The permit from the U.S Army Corps of Engineers, a five-year approval ending on June 18th, 2018, represents the last step in Seafarer's quest to excavate this exciting shipwreck site and that effort will begin in earnest on June 20th, 2013.

Seafarer received an initial permit from the State of Florida for a shipwreck site located off of Lantana Beach, Florida in 2012. The site has recently been surveyed using a Geometrics 882 Cesium Vapor Magnetometer and this survey work showed compelling evidence that a large part of the ship lies buried in a relatively compacted area. Having completed phase I of the mapping survey and underwater video, Seafarer is now beginning phase II known as digging and identifying the wreck. Items found and documented on this site in past explorations by third parties suggest the wreck might be a French or Spanish ship from the late 1600s however it will require significantly more work and time to determine what is actually contained on the site.

Kyle Kennedy, CEO of Seafarer, commented, "We wish to thank all of the U.S. Army Corps of Engineers personnel, especially Melody White, who worked diligently on our permit until it was completed. With the final step in place, including the easement, we can now begin to focus our efforts on discovering the wreck site. We understand the great responsibility placed upon us and will strive to do our best and to exceed expectations."

Alexander Javorsky, captain of the Iron Maiden, stated, "We have the ship fine-tuned and operating very smoothly. We have assembled a competent, honest crew ready to work, which I am proud to be part of. The excitement of the crew is overwhelming, and we are eager to begin excavation."

About Seafarer Exploration Corp. (www.seafarercorp.com)

Seafarer Exploration Corp. is a publicly traded underwater salvage and exploration company. The principal business of the company is to develop the infrastructure necessary to engage in the archaeologically-sensitive research, documentation, exploration and recovery of historic shipwrecks. The company is attempting to secure multiple sites it believes may contain historic shipwrecks. The company will use accepted archaeological methods to properly document, research and recover portions of the wrecks.

Seafarer Receives Department Of Environmental Protection Permit

New permit is an important step in the excavation process of a shipwreck site located off of Lantana Beach Florida

TAMPA, Fla., June 5, 2013 /PRNewswire/ -- Seafarer Exploration Corp. (SFRX), a company focused on the archaeology and research of historic shipwrecks, has received an Environmental Resources Permit relating to the proposed excavation of a shipwreck site located off of Lantana Beach, FL.  The permit was issued pursuant to Part IV of Chapter 373, Florida Statutes and Title 62, Florida Administrative Code from the Florida Department of Environmental Protection (DEP) and represents an important step in Seafarer's quest to excavate this exciting shipwreck site.

Seafarer received a permit from the State of Florida for a shipwreck site located off of Lantana Beach, Florida in 2012. The site has recently been surveyed using a Geometrics 882 Cesium Vapor Magnetometer and this survey work showed compelling evidence that a large part of the ship lies buried in a relatively compacted area.  Having completed phase I of the mapping survey and underwater video, Seafarer is preparing to begin digging and identifying the wreck and the DEP permit is an important step in that process. Items found and documented on this site in past explorations by third parties suggest the wreck could be a French or Spanish ship from the late 1600s but it will require more work to determine with accuracy what is actually contained on the site.

"We are certainly happy to be one step closer to being able to explore and identify cultural material of the Lantana site" said Kyle Kennedy, CEO of Seafarer.  "I want to personally thank the hard working individuals of the DEP who thoroughly dove, investigated and processed our 2nd site, Lantana; with special thanks to Benny Luedike who advised and proactively managed all aspects of processing the permit. I also want to thank our own Joe Albert for his continual diligence and work ethic toward completion of the permit." 

Mr. Kennedy continued. "We have stayed focused on our short term goals to obtain three concurrent active sites while researching for sites four and five. We have also maintained and furthered our goals of developing long term strategic relationships with both local and foreign governments and contributing to research and education. Our crew and myself have completed hours of educational study of archaeology classes given by Dr. John de Bry, and will have continual course study into the future. We have recently completed a research trip to France with Dr. de Bry where historical research was conducted and many interesting and significant facts were discovered. Some of the research pictures can be seen on our website www.seafarercorp.com."

Archival research was conducted by Dr. de Bry in the archives in Dieppe and also in both the Archives Nationales and the Bibliotheque Nationale de France (BnF) in Paris. His research was divided into two sections; (1) looking for and acquiring data on the 1715 Fleet that sunk off Florida on July 31st of that year, and (2) searching for documents pertaining to the Jean Ribault Fleet of 1565 sunk north of Cape Canaveral. Both endeavors were supported by Seafarer. Dr. de Bry located several documents pertaining to the 1715 Fleet as well as one important document related to the loss of the 1565 French fleet. He is of the opinion that additional documents on the 1715 Fleet will be located at the Archivo General de Indias (AGI) in Seville, Spain and in the National Archives of Cuba located in Havana. Such manuscript documents will help Seafarer achieve a more accurate interpretation of the cultural history of the Site (Melbourne Beach Site).


Read more: http://www.cbs12.com/articles/juno-4732313-coast-beach.html#ixzz1LV3NZPNy

Sep 19, 2012 (MARKETWIRE via COMTEX) -- Seafarer Exploration Corp. (SFRX, Trade ), a company focused on the archaeologically-sensitive exploration and recovery of historic shipwrecks with an emphasis on recovering treasure and understanding historical events surrounding shipwrecks, announced today that the company's salvage vessel, Iron Maiden, has returned to the salvage site off Juno Beach, Florida after major repairs, maintenance and improvements. 

The Iron Maiden, a wholly owned asset of Seafarer Exploration, completed major and important renovations that will facilitate the company's salvage capabilities. The renovation was extensive and a special thanks goes to Capt. Troy and his crew who worked hard for the past several months. Capt. Troy commented, "Some of the most difficult and time consuming work was replacing the rusted hull plates. We installed new Turbo chargers which will significantly increase our engines' RPM allowing us to dig faster and deeper. We also increased our propeller size to move more water through our deflectors to dig deeper with more efficiency. We replaced the shafts to handle the heavier work load of increased RPM and larger propellers. We also installed a new 25 KW generator to allow us the ability to stay at sea for an extended period of time if necessary." 

Capt. Troy continued, "In addition we replaced the fuel injectors, rebuilt the coolant system, replaced worn electronics, replaced hoses, fabricated and replaced the exhaust system (including asbestos-free heat wraps), gutted and painted the cabins and work areas, and sand blasted the hull and painted multiple epoxy layers and painted a new red top coat. In essence the Iron Maiden is almost new again. We will now be able to more accurately and efficiently maintain the Vessel and reach our targets. I want to personally thank my crew of Alexander (Sasha), Aaron, Michael, Zack, Matthew, and Corey for their hard work, as well as a personal thanks and deep gratitude to Kyle Kennedy and the generous shareholders for making this possible." 

Mr. Kennedy, CEO of Seafarer Exploration, said, "Over the past several years we have faced numerous unforeseen challenges and have risen to each occasion as they have presented themselves. We have set precedent through our efforts which have built the infrastructure to build significant share holder value. From our endeavors, we have had the good fortune to work closely with staff of the State of Florida Division of Historical Resources and Bureau of Archaeological Research, including Division Director Robert Bendus, Bureau Chief Dr. Mary Glowacki, Program Administrator Angie Tomlinson, and Underwater Archaeologist Lindsay Smith." 

Mr. Kennedy noted, "Division and Bureau staffs have given Seafarer tremendous guidance and exceptional help in navigating the state laws and rules governing exploration and salvage of historic shipwreck sites. We are all clear on the educational value our combined efforts can bring to the State of Florida. We also understand the importance of proper archaeological sensitive work in order to preserve our historical shipwreck sites and the artifacts for our future generations. Through the leadership and educational guidance of the Division and Bureau, the State is working jointly with Seafarer and other organizations to increase the body of knowledge of historic shipwrecks, and derive economic benefit to the State and build cultural awareness." 

Mr. Kennedy concluded, "Whereas we are thrilled to get back in the water working, we are currently pursuing other projects and wreck sites. We would also like to extend an invitation to anyone who might have discovered a wreck site or something of historical importance to contact us." 


Seafarer Receives 3-Year Permit

TAMPA, Fla.--(BUSINESS WIRE)-- Seafarer Exploration Corp. (OTCBB:SFRX.ob -  News) announced today the company has received from the Division of Historical Resources a 1A-31 Recovery Permit active through April 25, 2014. The permit allows Seafarer the ability to dig and recover the designated site at Juno Beach, Florida using propwash deflectors (blowers) and dredges including other smaller specialized digging equipment for sensitive archaeological work.


Kyle Kennedy, CEO, stated: "This is fantastic. We are making history by being the first Company ever in Florida to receive a three year recovery permit. My thanks goes out to our dedicated staff and shareholders who have persevered through the battles and difficult challenges we have faced over the last year and a half. Through those adversities, we have come out stronger and better. We have targeted some areas of interest with the cesium vapor magnetometer survey which we will explore initially. We have developed relationships, which should evolve into future partnerships and/or joint ventures to create an exciting year moving forward. We have explored other sites in both the US and abroad to expand our knowledge and possible opportunities. We are being given an exciting opportunity with great responsibility to perform over the next three years. This is the single most exciting time in our Company's history. We are increasing our authorized shares to allow us the ability to capitalize our operations over time and finance future projects as they present themselves. We have now positioned ourselves to maximize our true potential. And as one of our shareholders, Jeff Vortman constantly tells me "Go for the gold", we certainly intend to."


http://finance.yahoo.com/news/Seafarer-Receives-3-Year-bw-3668036658.html?x=0&.v=1 ;

Seafarer Introduces Two New Directors

TAMPA, Fla.--(BUSINESS WIRE)-- Seafarer Exploration Corp. (OTCBB:SFRX.ob - News) announces the addition of two new Board members to help guide the company into the future. R. Chip Johnson and Charles Branscum have unanimously been voted in to join the Board of Directors to fill past vacancies. Kyle Kennedy, CEO, stated: "I am very pleased to have the caliber and high professional standards of each of these successful entrepreneurs to help us build the company. Mr. Johnson has a wealth of experience in small business development and the financial markets. Mr. Branscum has the insight of management and experience with a multi-billion dollar industrial company. The diversity and independent thought each brings to the table should help Seafarer in the years to come." 

Mr. Johnson stated, "I am very excited for the opportunity to serve on Seafarer's board. With 23 years in the equities industry, including co-founding one of the largest broker dealers in Florida, and with a lifetime of maritime experience, I am looking forward to applying all my resources to this project. Having worked directly with Mr. Kennedy and his team, I have been extremely impressed with their drive and determination to succeed. Most impressive and important is the level of integrity demonstrated by every member of the company. I am proud to be part of this team and help build the fundamental structure to take Seafarer to the next level."

Mr. Branscum stated, "It pleases me, having known Mr. Kennedy over the last 30 years and seeing the successful companies he has built, to be part of something so exciting as Seafarer. To help answer the challenges a small public company constantly faces can be a very rewarding experience. I look forward to using my background and experience to help build shareholder value."


Seafarer Awarded $5 Million Defamation Verdict

TAMPA, Fla.--(BUSINESS WIRE)-- Seafarer Exploration Corp. (OTCBB:SFRX.ob - News) announced a Hillsborough County Jury rendered a verdict on April 5th 2011 at 4:45 pm in favor of Seafarer for $5,080,000.00 in compensatory damages. After two days of evidence had been presented in court, a jury determined that hundreds of on line posts written by Sean Murphy under the screen name of "Floridatreasurecapt" were false and caused a decrease in market price. Seafarer believes collecting any or all of the damages will be difficult to do, but will continue to try to collect until paid in full. 

One of the Board Directors for Seafarer, Pelle Ojasu, stated, "We are pleased with the verdict rendered by the jury and I am very happy our CEO maintained his vigilance to prosecute those who would maliciously hurt the Company and its' personnel through relentless false postings over the last year. Now that the truth has finally come out, we can continue our focus on building shareholder value and executing our business plan." Lead trial attorney, Craig A. Huffman stated, "Mr. Murphy is going to be an example of what should happen to people who sit behind screen names and negatively, falsely, impinge the lives of people and of good companies. We are not done with him yet. This will set a precedent for small market companies to fight back." Co-counsel, David Chalela, stated, "We and our client are weighing the approach to take toward punitive damages in this case to dissuade others from doing this."

http://finance.yahoo.com/news/Seafarer-Awarded-5-Million-bw-3850860812.html?x=0&.v=1 ;


SEC FILINGS:  http://yahoo.brand.edgar-online.com/default.aspx?companyid=72167

Direct Link to this Document





Investor Relations Contact:

Kyle Kennedy, CEO
14497 N. Dale Mabry
Suite 209 N
Tampa, FL 33618
Phone: (813) 448-3577
Fax: (813) 749-9426


Transfer Agent:

ClearTrust, LLC

16540 Pointe Village Dr., Suite 201

Lutz, Fl. 33558
Phone: 813-235-4490
Fax: 813-388-4549


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SFRX News: Amended Annual Report (10-k/a) 04/22/2019 04:40:07 PM
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SFRX News: Notification That Annual Report Will Be Submitted Late (nt 10-k) 04/01/2019 03:26:17 PM
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SFRX News: Statement of Changes in Beneficial Ownership (4) 01/25/2019 04:47:36 PM
PlusOneCoin Top Posts
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#56795  Sticky Note SEC filings sure don't match social media..... hedge_fun 04/16/19 06:35:43 PM
#55015  Sticky Note Channel 6 News, Florida segment from 22 January, Shift-4 02/13/19 12:50:43 PM
#57062   Bunch of idiots. Will be sorry very soon. Walker 04/25/19 02:28:47 PM
#57061   They want shares and if they are not northofadollar 04/25/19 02:12:47 PM
#57060   Sellers are going to be very upset very Walker 04/25/19 02:02:17 PM
#57059   Just a little bit of patience by the northofadollar 04/25/19 12:04:51 PM
#57058   Looks like ask slapping time is almost here!!! Walker 04/25/19 11:19:52 AM
#57057   Almost 1/2 billion shares issued since 12/31.....I'm hedge_fun 04/25/19 11:13:27 AM
#57056   Agreed good bid support and they are sitting northofadollar 04/25/19 10:59:49 AM
#57055   Great bid support. I think we head Walker 04/25/19 10:20:16 AM
#57054   If you think that's what's going on, I Shift-4 04/25/19 10:07:09 AM
#57053   Q1 due in a few weeks. Can’t wait to........ hedge_fun 04/25/19 09:56:55 AM
#57052   Probably in the government contracts they have. sunshiner 04/25/19 09:53:10 AM
#57051   $1,000 buy at the ask takes it out. northofadollar 04/25/19 09:51:05 AM
#57050   700,000 shares on the bid trying to buy northofadollar 04/25/19 09:44:22 AM
#57049   Looks like some retail amateur put a market northofadollar 04/25/19 09:43:15 AM
#57048   Nice to see you all working together. We pyro2 04/25/19 09:39:29 AM
#57047   Interesting. MMs juking the chart at the open Shift-4 04/25/19 09:33:05 AM
#57046   At some point the music will stop.........then hedge_fun 04/25/19 08:59:52 AM
#57045   Understood. Just focused on the tech that “allegedly”...... hedge_fun 04/25/19 08:04:31 AM
#57044   Quote: For most of us the Silver Raider21 04/25/19 07:53:21 AM
#57043   Quote: Did you ask Kyle, where’s the Raider21 04/25/19 07:49:53 AM
#57042   For most of us the Silver and Gold trueblue 04/25/19 06:58:49 AM
#57041   Did you ask Kyle, where’s the silver........ hedge_fun 04/25/19 06:14:05 AM
#57040   For now the pps moving from .0009 to trueblue 04/24/19 08:06:28 PM
#57039   Quote: Thanks Kyle and all the board members. Raider21 04/24/19 07:53:02 PM
#57038   I had glanced at the pps chart and trueblue 04/24/19 07:30:04 PM
#57037   They filled the gap at .0094 perfectly. dranesthesia1 04/24/19 06:52:23 PM
#57036   I just got off the phone with Kyle...he Seriously123 04/24/19 06:10:07 PM
#57035   7,000,000 shares traded and nobody could get the trueblue 04/24/19 05:27:40 PM
#57034   I'm not privy to any inside information, only pyro2 04/24/19 03:32:54 PM
#57033   Aren't they about to announce they found silver.... hedge_fun 04/24/19 03:18:54 PM
#57032   Any good news would send us on a pyro2 04/24/19 02:10:56 PM
#57031   Will be a nice start! Walker 04/24/19 01:55:35 PM
#57030   My thoughts as well! monkeybusiness 04/24/19 01:42:07 PM
#57029   I am here. Holding a ton of dranesthesia1 04/24/19 01:26:30 PM
#57028   strange price behavior, now you see it, now pyro2 04/24/19 09:42:44 AM
#57027   mmm, up 17% and no one here pyro2 04/24/19 09:36:25 AM
#57026   I believe the pps was .013 until that trueblue 04/23/19 09:49:51 PM
#57025   Agreed! we drop lower I'll add a million trueblue 04/23/19 09:41:50 PM
#57024   We've been told they're back on da water...…. hedge_fun 04/23/19 08:34:07 PM
#57023   Sounds good to me sctts 04/23/19 08:14:49 PM
#57022   What was the ask at close? Walker 04/23/19 06:23:18 PM
#57021   So the last trade of the day was trueblue 04/23/19 06:21:21 PM
#57020   So happy to actually own shares here. Walker 04/23/19 06:19:36 PM
#57019   Now who that owns shares can complain with trueblue 04/23/19 05:47:17 PM
#57018   Still think we test .02 this week or northofadollar 04/23/19 03:23:04 PM
#57017   .0131 up. Looking great. Ready to Walker 04/23/19 03:12:20 PM
#57016   Over a million shares on the bid. Get northofadollar 04/23/19 03:07:19 PM
#57015   On my part, no statements were made by Raider21 04/23/19 01:45:32 PM
#57014   Quote: Even if you gave them the Raider21 04/23/19 01:42:13 PM
#57013   Quote: Right from the horses mouths. Raider21 04/23/19 01:38:38 PM