Marine Exploration’s RV Hispaniola Has Left Port to Begin Recovery

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Oct 9, 2009
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Marine Exploration’s RV Hispaniola Has Left Port to Begin Recovery of Sunken Treasure from Ancient Shipwreck


Location Heads List for Greatest Possibility of High Profile Treasure Recovery According to Company

MIAMI--(BUSINESS WIRE)--Marine Exploration, Inc. (OTCBB:MEXP) announces the RV Hispaniola has left port sailing for an ancient shipwreck that heads the Company’s list for greatest possibility of high profile treasure recovery. According to the contract extension and expansion recently signed with the Dominican Republic, the Company is now allowed to explore and recover treasure from additional shipwrecks in DR waters.

“Burt Webber has compiled a priority list of shipwreck sites in the DR that we believe have the greatest possibility of sunken treasure aboard. The RV Hispaniola is on its way to shipwreck location #1 at the top of the list. These new priorities came about when the Dominican Republic extended and expanded our contract and added numerous shipwrecks for us to explore and recover. We expect to be over the site and salvaging treasure soon,” notes Mark Goldberg, CEO Marine Exploration.

Marine Exploration, Inc. and joint venture partner Hispaniola Ventures, LLC, headed by Burt D. Webber, Jr., plan to continue the shipwreck site survey and salvage and anticipates locating and recovering additional historic shipwrecks with valuable artifacts and treasure. Working under exclusive contract with the Dominican Republic, the Company has plans in place to pursue multiple notable shipwrecks in Dominican Republic territorial and jurisdictional waters. http://www.mexp.biz/

Forward-Looking Statements

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995.
 

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