UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): November 5, 2014



ENDURANCE EXPLORATION GROUP, INC.

 (Exact name of registrant as specified in charter)

Nevada

(State or other jurisdiction of incorporation)

 

333-141817

03-0611187

(Commission File Number)

(IRS Employer Identification No.)


15500 Roosevelt Blvd, Suite 301

Clearwater, FL, 33760

(Address of principal executive offices and zip code)

(727) 289-0010

 (Registrant’s telephone number including area code)

Althardstrasse 10
CH-8105 Regensdorf, Switzerland

 (Former Address)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of registrant under any of the following provisions:

 [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 [ ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))

 [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) 

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




Item 8.01 Other Events.


On October 3, 2014, Endurance Exploration Group, Inc. ("Endurance" or the “Company”) filed a legal action in the U.S. District Court for the Middle District of Florida, Tampa Division, (the “Court”) under case number 8:14-CV-2502t35MAP, against an unknown sunken 19th century paddle-wheel steam that the Company believes are the remains of the SS Connaught, a privately owned vessel that sank in October of 1860.   


On October 22, 2014, the Clerk of the Court issued a Warrant of Arrest against said vessel and her cargo, directing the United States Marshal to take custody of the vessel, her apparel, tackle and appurtenances, and her cargo and to retain custody of the same pending further order of this Court.


Endurance wishes to announce that on October 31, 2014 and by order of the U.S. Magistrate Judge Endurance was appointed substitute custodian of the hull fragments recovered from the wreck site and all future artifacts recovered from the wreck site, subject to conservation and safekeeping arrangements deem sufficient by the Court.  


More information about Endurance is available at the follow sites:


http://www.eexpl.com/

www.facebook.com/EnduranceExplorationGroup


Endurance has issued a press release containing additional details regarding this Court action attached hereto as Exhibit 99.1 and is incorporated by this reference.


Cautionary Information Regarding Forward-Looking Statements.


This Form 8-K and the attached press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "will," or "plans" to be uncertain and forward looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties including but not limited to legal and operational risks of offshore, historic shipwreck recovery.


Forward-looking statements contained in this Form 8-K and in the attached press release are made under the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from the anticipated. The information contained in this release is as of November 5, 2014. Endurance Exploration Group, Inc assumes no obligation to update forward-looking statements contained in this Form 8-K and attached press release as the result of new information or future events or developments.


Item 9.01. Financial Statements and Exhibits.


(d)  Exhibits:


99.1  Press Release issued on November 5, 2014




SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. 

 

 

ENDURANCE EXPLORATION GROUP, INC.

 Dated:  November 5, 2014

By:  

/s/ Micah Eldred

 

Name:  Micah Eldred 

Title: President and Chief Executive Officer








ENDURANCE EXPLORATION APPOINTED CUSTODIAN OF THE S.S. CONNAUGHT


CLEARWATER, FLORIDA, November 5 2014


Endurance Exploration Group, Inc. (OTCQB: EXPL) (“Endurance” or the “Company”), a company specializing in shipwreck research, survey and recovery, announced the U.S. District Court for the Middle District of Florida, Tampa Division (the “Court”) issued a warrant for the arrest of the shipwreck Connaught and has taken jurisdiction over the wreck.  The U.S. Marshal’s arrested the hull fragments collected by Endurance.  Subsequent to the arrest, Endurance was appointed, by the Court, as Substitute Custodian of the recovered hull fragment artifacts and any future artifacts recovered from the Connaught.


Endurance CEO, Micah Eldred, said, “This completes our first legal steps to establish our Company as salvor-in-possession of the wreck and, depending on the nature and extent of any claims, will eventually allow us a substantial salvage claim or full title to the ship and its cargo including the gold coins we believe are still on board.”  Mr. Eldred went on to say, “We now move Endurance forward to fund and plan the recovery of the Connaught in the spring or summer of 2015, but we also intend to begin our search for our next target Black Marlin, as soon as possible.”


About the S.S. Connaught:


Built in Ireland and launched in 1860, the 380-foot iron-hulled side-wheel steamer S.S. Connaught was lauded as one of the largest and most luxurious ocean-going liners in service, a true Titanic of her time. Upon sinking on only her second voyage, the S.S. Connaught became best known for her role in what has been called one of the most courageous, daring and successful rescues in maritime history.  All 591 of the ships passengers were saved by the heroic effort of a tiny fruit transport ship, the Minni Schiffer and her Captain, John Wilson.  The Connaught sank on her way from St. John’s, Newfoundland to Boston, Massachusetts with a shipment of £10,000 of gold coins, possibly intended for the use by a visiting member of the British royal family, as well as the valuables of many of the passengers.


About the shipwreck code-named Black Marlin:  


The Black Marlin is an 18th century merchant ship carried 4 separate silver shipments including bullion and coins.  Based upon archival research, Endurance estimates the Black Marlin coin count at 400,000 to 500,000.  The Company has secured the legal right to locate the ship and recover her cargo while retaining 70% of its value.

About Endurance Exploration Group, Inc.:


Endurance Exploration Group, Inc. specializes in 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, in the various oceans of the world, with valuable cargoes.  Endurance operates the research vessel Haganes, side-scan sonar, Shackelton-1 and an ROV, Squirt.







www.eexpl.com

www.facebook.com/EnduranceExplorationGroup




Cautionary Information Regarding Forward-Looking Statements.


This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms “believes,” “belief,” “expects,” “intends,” “anticipates,” “will,” or “plans” to be uncertain and forward looking.  The forward-looking statements contained herein are also subject generally to other risks and uncertainties including but not limited to legal and operational risks of offshore, historic shipwreck recovery.


Forward-looking statements contained in this press release are made under the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995.  Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from the anticipated.  The information contained in this release is as of XXXX, 2014.  Endurance Exploration Group, Inc. assumes no obligation to update forward-looking statements contained in this press release as the result of new information or future events or developments.


Contact Information:

Guy M. Zajonc, J.D.

Director & VP of Business Development

(509) 448-1328

guyz@eexpl.com






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