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Stock Market & Financial Investment News

News Breaks
January 7, 2013
17:26 EDTOMEXOdyssey Marine CFO to retire in coming year
The company announced in a regulatory filing that that Michael J. Holmes, Odyssey’s Chief Financial Officer, has advised the board of directors and the senior management team that he intends to retire during the coming year in order to complete his Masters of Theology and his diaconate formation. The company will initiate a formal search for a successor. Mr. Holmes will remain as CFO until a successor is retained. Thereafter, he will consult with the Company in a transitional role as necessary.
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July 18, 2014
08:44 EDTOMEXOdyssey Marine recovers over 13,500 silver, gold coins from SS Central America
Odyssey Marine Exploration, announces operational reports and inventories of items recovered from the SS Central America shipwreck site. These items were initially filed under seal in the United States District Court, Eastern District of Virginia, Norfolk Division. Chief U.S. District Judge Rebecca Beach Smith has allowed the reports to be unsealed and made available to the public. Odyssey has been working since April under contract to Ira Owen Kane, the receiver for Recovery Limited Partnership, or RLP. RLP is the court-appointed salvor-in-possession of the SS Central America shipwreck. The inventories detail the items recovered to date, which include gold ingots, nuggets, dust and a wide variety of gold coins from $20 double eagles down through $10, $5, $2.50 and $1 gold coins, as well as California fractional gold, territorials and a wide variety of foreign gold. Additional significant cultural heritage artifacts have been identified and will be recovered.

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