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Blue Water Ventures International and Endurance Exploration Extend Their Project Recovery Agreement
Blue Water Ventures International and Endurance Exploration Extend Their Project Recovery Agreement.
About this update from Blue Water Ventures International, Inc.
[{"type":"text","content":"\n\n JACKSONVILLE, FL, April 25, 2018 (GLOBE NEWSWIRE) -- Blue Water Ventures International (OTCPK: BWVI) and project recovery partner Endurance Exploration Group (OTCQB: EXPL) are pleased to announce that they have extended their Agreement concerning the salvage of the shipwreck believed to be the SS Pulaski.\n The new Agreement runs through the end of 2018 and ensures that salvage operation will continue without interruption as the 2018 recovery season begins.  Both BWVI and EXPL agree on the importance of continued use of archeological guidelines while recovery efforts continue on the site.   Recent recovery efforts by Blue Water Ventures International and Endurance Exploration Group resulted in coins from the US, Spain, Mexico and Great Britain among other artifacts. Foreign coins were legal tender in US at the time the SS Pulaski sank due to the scarcity of US Mint issues.  The wreck of SS Pulaski is particularly significant.  It represents one of the earliest shipwrecks from which US coins have been recovered. The first coins recovered include well-preserved half dollars and half eagles from the 1830s as well as several earlier issues.  The coins are being professionally conserved by Numismatic Conservation Services (“NCS”) a sister company to Numismatic Guaranty Corporation (“NGC”).  NCS was established in 2001 as the world’s first professional coin conservation service and has extensive experience with shipwreck-recovered coins, having previously conserved coins recovered from several major shipwrecks.  Keith Webb of Blue Water Ventures International commented, “Now that the paperwork is settled, we can get back to what we do best.  This upcoming season should reveal significant recoveries, the boats are ready, and our dive team is anxious to get back in the water!”   Micah Eldred of Endurance Exploration adds, “We are pleased to be working with Blue Water on this project, we appreciate their professionalism, and we look forward to continuing to work with Blue Water on this and potentially future projects.”  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 dat...