Jacksonville, FL, Oct. 04, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Blue Water Ventures International, Inc. (OTCPK:BWVI) and project partner Endurance Exploration Group, Inc (OTC:EXPL) announces that US Federal District Court in Tampa, Florida has issued an order granting ownership to over 600 artifacts and pieces of treasure recovered to date from the wreck of the SS Pulaski. This collection of artifacts includes some of the earliest and rarest United States gold coins ever found on a shipwreck.
With the court’s affirmation of ownership of all Pulaski treasures recovered to date, efforts to monetize the treasures will now begin. As stated in earlier releases, Numismatic Guarantee Corporation (NCG) has been authorized to conserve and authenticate the coins and other artifacts. The coins will be encapsulated and labeled with the denomination, variety, grade, pedigree, serial number, and other info relevant to the Steamboat Pulaski.
About Blue Water Ventures International, Inc.:
The Company is engaged in the business of conducting archaeologically-sensitive recoveries of cargo and artifacts from shipwrecks. Its operations to date have focused on shallow water search and recovery projects in less than 150 feet of water. The Company is now expanding its focus to include deep-water salvage of historic and modern-day shipwrecks. For more information go to http://www.bwvint.com
About Endurance Exploration Group, Inc.:
Endurance Exploration Group, Inc. specializes in historic shipwreck research, subsea search, survey and recovery of lost ship containing valuable cargoes. Over the last 5 years, Endurance has developed a research database of over 1,400 ships that are known to be lost with valuable cargoes in the world oceans. For more information go to http://www.expl.com.
Forward Looking Statements:
This press release contains forward-looking statements within the meaning of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. Such forward-looking statements are subject to certain risks and uncertainties including, but not limited to: ability to further strengthen our balance sheet, ability to raise funding for continued operations, ability to successfully and profitably locate additional wrecks and cargo, ability to establish ownership, and other factors. Therefore, actual results may differ materially from those indicated or implied by such forward-looking statements. Except as required by law, the Company disclaims any obligation to publicly update such statements.