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News Regarding Seafarer Exploration Corp.

 

 

·         Marketwire, September 13, 2011

Seafarer Exploration Corp. Discovers Silver Treasure Coins at Salvage Site

TAMPA, FL- Seafarer Exploration Corp. (OTC.BB: SFRX.OB - News), a company focused on the archaeologically-sensitive exploration and recovery of historic shipwrecks, announced today that it has recently discovered a few small silver coins and pieces of coins off of Juno Beach, Florida. Seafarer has also located other interesting artifacts in the area. Seafarer, along with Tulco Resources, Ltd., has a three year permit from the State of Florida Bureau of Archaeological Research to perform recovery operations in a specified permit area off of Juno Beach.

Rachel Murrell, a diving archaeologist for Seafarer who found three of the silver coins, said, "Since receiving our salvage permit, we've approached the site from a different angle with different salvage techniques and it is beginning to pay off. We have been able to overcome obstacles and have discovered some incredible artifacts including several coins and coin pieces. I am excited to see what else our salvage site will yield in the future."

John Fitzgerald, the lead archaeologist for Seafarer, noted, "After the appropriate conservation and cleaning procedures were completed, it was determined the first silver coin found (artifact #00216) is part of a silver coin minted in Mexico between the years of 1572 and 1733. The only markings visible on the obverse side of this coin are the upper portion of the shield with the left upper box containing a castle. This castle represents the province of Castile in Spain and, along with the lion that would normally be to the right of the castle, represents the province of Leon, Spain. Together they symbolize the two provinces joining to become a united Spain. All of the Spanish Coats of Arms used as shields on the obverse side of Spanish coins, known as 'cobs,' from the year 1556 to 1746 have the castle in the upper right corner."

Fitzgerald continued, "On the reverse side of the coin one can just make out a portion of a Florenzada cross. This type of cross was only used by the Mexico mint on silver coins between 1572 and 1733. The Cruz Florenzada or 'Flowered Cross' can be identified by the ball at the pinnacle of the arms of the cross."

Kyle Kennedy, CEO of Seafarer Exploration, said, "We are pleased with the discovery of these coins and we believe that we are just getting started. Mr. Fitzgerald is studying the other coins for additional clues to help determine the history behind them. Additionally, we have located several other artifacts, including what appears to be part of the ship's tiller and a hollowed out cannonball that may potentially be an early grenade type weapon. These artifacts and others allow us to speculate that we may be retrieving items from the upper deck. We will continue working diligently to continue to explore this exciting area in an effort to further the public's knowledge of the history of the site and we look forward to our next discovery in our quest to build shareholder value."

Disclaimer:


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 expectations and actual results may vary (perhaps materially) from certain of the results anticipated herein.

·         Business Wire, July 7, 2011

Seafarer’s Proxy Overwhelmingly Passes

Seafarer Exploration Corp (OTCBB: SFRX) announced today their successful outcome to their Special Shareholders Meeting held on July 1, 2011. Kyle Kennedy, CEO, stated “We want to first extend our thanks to those shareholders who came and participated and then to all those who took the time to vote. We are very pleased a significant majority of our shareholders voted to increase our authorized shares and move our Corporate Domicile to Florida. It was great to see both the interest level, as far as voter response, and the tremendous support for our initiatives.” Mr. Kennedy went on to say “Seafarer can now support the operations which include the two ships, the Iron Maiden for exploration and digging and the Reward II for dredge work and mapping. The two very experienced crews are definitely working hard, weather and ocean conditions permitting, and are thrilled to be out and in action. Our salvage efforts are now in full operation and we are finally in the position to effectively work our entire permitted area with the right equipment."

 

Disclaimer:

            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 expectations and actual results may vary (perhaps materially) from certain of the results anticipated herein.

 

·         Business Wire, June 2, 2011

Seafarer Hires Red Letter Studios

TAMPA, Fla.--(BUSINESS WIRE)-- Seafarer Exploration Corp. (OTCBB:SFRX.ob - News) announced today the engagement of Red Letter Studios, a video production company out of Tampa, Florida, to document the adventure Seafarer is about to undertake and to facilitate negotiations with outside video production companies. Chip Johnson, a director for Seafarer, stated “I have known Red Letter Studios and the founder, Adam Sutton, for over a decade and am looking forward to working with their experienced management team. It will be exciting to see what Red Letter brings to the table to help build shareholder value and film the progress of such an exhilarating story.”

Red Letter Studios is an award winning, national advertising and television Production Company who works across the country with national franchises, international retailers and new venture start-ups. Led by Director / Producer Adam B. Sutton, they will assist Seafarer with all of their video / filming needs. Adam stated "We are really looking forward to getting more involved with Kyle Kennedy and Seafarer Exploration. After spending some time with both the corporate office and their boat crew, we can't wait to start documenting the history they are making and share it with the world..."

Seafarer is contracting Red Letter Studios to co-produce a television show documenting Seafarer's excavation work on a shipwreck site off of Juno Beach. It would be a docu-reality show following Seafarer's captain and crew as they try and salvage what is believed to be a colonial era shipwreck that has laid hidden at the bottom of the ocean for hundreds of years.

Company website: http://www.RedLetterStudios.com

Disclaimer:

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 expectations and actual results may vary (perhaps materially) from certain of the results anticipated herein.

·         Business Wire, May 26, 2011

Seafarer Disclaimer

TAMPA, Fla.--(BUSINESS WIRE)-- Seafarer Exploration Corp. (OTCBB:SFRX.ob - News) stated today they were very pleased to have the CBS affiliate, local channel 12, accompany Seafarer’s recent outing and report on it. Seafarer would also like to state the comments made by independent parties are not necessarily the opinions and statements of Seafarer Exploration Corp. In a recent TV interview, Kyle Kennedy, CEO of Seafarer stated, “We do not know what is out there, but we are going to dig it up and find out.” The project involves hard work and time. Seafarer, as stated in their filings, is subject to various risks and speculation. Seafarer cannot control the discovery of independent research by third parties and their editing or their content. Any information on the Company can be found in the filings of the company at SEC.GOV under the ticker symbol SFRX. Seafarer again wishes to thank the CBS news team for their professional reporting and interest in Seafarer.

Disclaimer:

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 expectations and actual results may vary (perhaps materially) from certain of the results anticipated herein.

·         Business Wire, May 26, 2011

Seafarer Exploration Corp Commences Search & Recovery

·         Edgar Online, May 25, 2011

SEAFARER EXPLORATION CORP Financials

·         CBS 12, May 25, 2011 – Search begins for buried treasure

      http://www.cbs12.com/video/c/1143359274/local-news/959901805001/wpec-localnews

·         Edgar Online, May 19, 2011

SEAFARER EXPLORATION CORP Files SEC form 10-Q, Quarterly Report

·         Seafarer, May 16, 2011

Visit www.sfrxproxy.com to vote on the Proxy

·         Edgar Online, May 9, 2011

SEAFARER EXPLORATION CORP Files SEC form 8-K, Other Events

·         CBS 12, May 4, 2011 – Hidden fortune & gold off the coast of Juno Beach?

http://www.cbs12.com/articles/juno-4732313-coast-beach.html

·         Business Wire, May 2, 2011

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."

Disclaimer:

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 expectations and actual results may vary (perhaps materially) from certain of the results anticipated herein.

·         Edgar Online, April 21, 2011

SEAFARER EXPLORATION CORP Financials

·         Business Wire, April 20, 2011

Seafarer Introduces Two New Directors

·         Edgar Online, April 15, 2011

SEAFARER EXPLORATION CORP Files SEC form 8-K, Other Events 

·         Edgar Online, April 15, 2011

SEAFARER EXPLORATION CORP Files SEC form 10-K, Annual Report

·         Seafarer, April 6, 2011

Seafarer Exploration VS Sean Murphy

Case Number: 10-CA-004674

 

On April 5, 2011 at approximately 4:45 p.m. the jury awarded $5,080,000

to Seafarer for damages caused by Sean Murphy. Punitive damages are still to come.

·         Edgar Online, January 14, 2011

On November 10, 2010, Seafarer Exploration Corp. ("Seafarer") entered into a letter of intent to acquire an undetermined percentage of Anchor Research & Salvage, S.R.L. ("Anchor") (www.arsdr.com), a corporation organized and existing under the laws of the Dominican Republic. The final terms of the transaction were to be negotiated upon the completion of due diligence by both companies and included within a signed Definitive Agreement. On January 12, 2011, Seafarer exercised its right to terminate the letter of intent due to failure of the parties to agree upon final, definitive terms of the transaction. Currently, no material relationship exists between Seafarer and Anchor. Termination of the letter of intent does not preclude the parties from entering into a material definitive agreement in the future and there were no early termination penalties incurred by Seafarer as a result of such termination.

·         Business Wire, November 11, 2010

Seafarer Enters into LOI

·         Business Wire, November 4, 2010

 Seafarer seeks Expansion

                   ·         Seafarer, October 2010

      Seafarer is now on Facebook. Come join us on Facebook. Under search type in Seafarer Exploration Corp.

·         SEC, September 21, 2010

  Pelle Ojasu, Board of Directors of Seafarer Exploration Corp, files Form 3, Initial    Statement of Beneficial Ownership of Securities. Mr. Ojasu has increased his     position in the Company.

·         Business Wire, September 20, 2010

        Seafarer Makes Asset Purchase

·         Edgar Online Financials, August 26, 2010

       Seafarer Exploration Corp Financials

·         Edgar Online, August 20, 2010

             Seafarer Exploration Corp files SEC form 10-Q, Quarterly Report

·         Seafarer , July 14, 2010

Sean Murphy VS Seafarer order granting defendant’s (Seafarer) motion to DISMISS with PREJUDICE.

·         Business Wire, June 9, 2010

Seafarer Exploration Corp. (OTCBB: SFRX) announced today a signed Agreement between Seafarer Exploration, Corp. (“Seafarer”) and Tulco Resources, Ltd (“Tulco”). The Agreement grants Seafarer the exclusive rights to explore, locate, identify, and salvage a possible shipwreck within the territorial limits of the State of Florida. The Agreement is for a term of three (3) years, which may be renewed for an additional three (3) years upon expiration of the initial term. The Agreement includes terms of any divisions with the State of Florida, Department of State, Division of Historical Resources (FLDHR) and Tulco and Seafarer including conservation cost. Seafarer and Tulco are still being reviewed by the FLDHR and cannot conduct artifact recovery operations at the Juno Beach Wreck site unless approved. An 8-K has been filed to reflect more detail concerning this release.

Disclaimer:                                                         

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 expectations and actual results may vary (perhaps materially) from certain of the results anticipated herein. 

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