Seafarer Exploration Corp. Subsidiary Obtains Environmental Resource Permit
NEW YORK-(Business Wire)-December 23, 2008 - Seafarer Exploration Corp. (OTCBB:SFRX) announced today that its wholly owned subsidiary, Seafarer Exploration, Inc. (“Seafarer”), has recently received an Environmental Resource Permit from the Florida Department of Environmental Protection (“DEP”). The expiration date of the Environmental Resource Permit is December 9, 2013.
Mr. Chris Gilcher, Seafarer’s CFO, commented, “We are very pleased with the work of the staff at the DEP and would like to give special thanks to Mr. Dan Moretz and Ms. Katy Collins. These individuals from the DEP were very helpful in both expediting the processing of our Environmental Resource Permit and also in explaining the conditions of the permit as related to Seafarer’s Juno Beach site and work efforts.”
Seafarer would also like to note that in its press release dated November 6, 2008 regarding the renewal of its Agreement with the State of Florida’s Division of Historical Resources and Tulco Resources, Ltd., the release referred to the “Jupiter wreck”. While Seafarer’s site is generally located in the vicinity of Jupiter, Florida, the site is more specifically located off of Juno Beach, Florida. The press release should have been more specific as to the location being the Juno Beach site in order to avoid creating any confusion for Seafarer’s shareholders.
Disclaimer:
This 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, statements regarding benefits of the proposed acquisition 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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