Treasure Hunters Offer Collateralized Participation Units in
a Private Placement
ST. AUGUSTINE, Fla., June 25, 2014 (GLOBE NEWSWIRE) — Blue Water
Ventures International, Inc. (OTC:BWVI) announced today that it is
offering collateralized participation units in two marine exploration
Blue Water Ventures International is a leader in the marine salvage
industry and was successful in recovering millions of dollars of
treasure from the wreck of the Santa Margarita; a Spanish galleon lost
BWVI is now launching a new Project to locate and recover the cargo
from specific shipwreck(s) that it believes were lost in the waters off
the East coast of the United States. These target exploration projects
are the result of the research that BWVI and its crew of expert
archaeologists, historians, and third party contractors have uncovered.
Another aspect of this Project involves a side scan sonar survey to
locate one or more of several high value colonial-era shipwrecks. The
area chosen for this survey is based upon high quality historical
research recently uncovered by BWVI historians.
“We’ve spent years developing these projects and we are excited to
finally be kicking them off,” said BWVI CEO Keith Webb.
BWVI has begun mobilizing its personnel and equipment and is making
final logistical preparations. Field operations are scheduled to begin
in the third quarter of 2014.
BWVI is offering collateralized royalty participation units in this
project to accredited investors only. The offering is hosted at
investors can review the term sheet and offering documents. This is
first round preliminary bridge financing and is non-dilutive to the
Company’s capitalization. The Company will pursue additional financing
to undertake recovery efforts upon successful conclusion of our
Link to Offering:
About Blue Water Ventures International, Inc.
We are engaged in the business of conducting archaeologically sensitive
recoveries of cargo and artifacts from various shipwrecks. Our
operations to date have focused on shallow water search and recovery
projects in less than 150 feet of water. We are now expanding our focus
to include deep-water salvage of both historic and modern day