Odyssey Marine and CapLat form Phosagmex joint venture for Mexico fertilizer project

Reuters02-28

Odyssey Marine and CapLat form Phosagmex joint venture for Mexico fertilizer project

Odyssey Marine Exploration Inc. has partnered with Capital Latinoamericano, S.A. de C.V. to develop a strategic fertilizer production project in Mexico. The companies formed a 50-50 joint venture, Phosagmex, S.A.P.I. de C.V., and on Feb. 27, 2026, they signed an amended and restated joint venture agreement that closes the contemplated transactions upon execution and limits termination to mutual consent.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Odyssey Marine Exploration Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-083261), on February 27, 2026, and is solely responsible for the information contained therein.

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