Seafarer Exploration Corp. (SFRX) to Begin Excavation of Florida Shipwreck
On June 20, Seafarer Exploration announced that the company would begin the excavation of a shipwreck located off the coast of Florida, specifically near Lantana Beach. It is believed that the ship is of French or Spanish origin from the late 1600s, based on items previously retrieved from the site. Seafarer, a publicly traded underwater salvage and exploration company, is focused on the archaeology and research of historic shipwrecks. The main function of the company is to develop the infrastructure necessary to engage in the archaeologically-sensitive research, documentation, exploration, and recovery of historic shipwrecks. In addition to the Lantana Beach…