Odyssey Marine Exploration Executes Funding Transaction

http://globenewswire.com/news-release/2016/03/22/822084/0/en/Odyssey-Marine-Exploration-Executes-Funding-Transaction.HTML

TAMPA, Fla., March 22, 2016 (GLOBE NEWSWIRE) — Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a pioneer in the field of deep-ocean exploration, has entered into an agreement with Epsilon Acquisitions LLC (Epsilon), under which it will receive a $3 million loan from Epsilon.  The loan has been structured as a one-year interest-bearing note, which is convertible at $5.00 per share, which is the volume-weighted average price of Odyssey’s common stock for the five trading day period ending on March 17, 2016.

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