Converted by EDGARwiz - SEC.gov | HOME information, including video and sonar imagery will be posted to the Company’s website and Facebook page. Cautionary Information …

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0001511164-14-000572.txt : 201410030001511164-14-000572.hdr.sgml : 2014100320141003101432ACCESSION NUMBER:0001511164-14-000572CONFORMED SUBMISSION TYPE:8-KPUBLIC DOCUMENT COUNT:9CONFORMED PERIOD OF REPORT:20141002ITEM INFORMATION:Other EventsFILED AS OF DATE:20141003DATE AS OF CHANGE:20141003

FILER:

COMPANY DATA:COMPANY CONFORMED NAME:Endurance Exploration Group, Inc.CENTRAL INDEX KEY:0001392902STANDARD INDUSTRIAL CLASSIFICATION:METAL MINING [1000]IRS NUMBER:030611187STATE OF INCORPORATION:NVFISCAL YEAR END:1231

FILING VALUES:FORM TYPE:8-KSEC ACT:1934 ActSEC FILE NUMBER:333-141817FILM NUMBER:141138566

BUSINESS ADDRESS:STREET 1:15500 ROOSEVELT BLVDSTREET 2:SUITE 301CITY:CLEARWATERSTATE:FLZIP:33760BUSINESS PHONE:727-289-0010

MAIL ADDRESS:STREET 1:15500 ROOSEVELT BLVDSTREET 2:SUITE 301CITY:CLEARWATERSTATE:FLZIP:33760

FORMER COMPANY:FORMER CONFORMED NAME:TECTON CORPDATE OF NAME CHANGE:20070312

8-K1unitedstates.htmFORM 8-K

Converted by EDGARwiz

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): October 2, 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

(Registrants 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))



1




Item 8.01 Other Events.


On September 27th and 28th, 2014, Endurance Exploration Group, Inc. ("Endurance" or the Company) conducted a remotely operated vehicle (ROV) inspection of a shipwreck located in the search area of the Companys project code named Sailfish.


Based upon that inspection, Endurance wishes to announce the successful location and identification of a wreck site believed to be that of the S.S. Connaught. The S.S. Connaught is a vessel that caught fire during a storm and sank on October 8, 1860. The ships 467 passengers and 124 crew were all saved by the brig Minnie Shiffer, representing one of the most successful at sea rescues in history. The New York Times reported the event on October 10, 1860 and that report included the following: The S.S. Connaught has 10,000 in gold on board, government money, taken at St. Johns, which was lost with the ship.


Endurance has filed a complaint in U.S. Federal Court for the Middle District of Florida requesting, pursuant to admiralty law, that the shipwreck be arrested, that Endurance be appointed substitute custodian of the shipwreck and that Endurance be awarded a salvage claim or title to the shipwreck and its cargo and, if such rights are granted, Endurance intends to return to the site in the Spring or Summer of 2015 to conduct a recovery operation estimated to take 60 days.


Endurance has issued a press release containing additional details regarding this discovery, a copy of which is attached hereto as Exhibit 99.1 and is incorporated by this reference.


Additional information, including video and sonar imagery will be posted to the Companys website and Facebook page.


www.eexpl.com

www.facebook.com/EnduranceExplorationGroup


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 October 2, 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.



2



Newspaper depiction of SS Connaught at her launch.


Newspaper depiction of SS Connaught under steam.












3



Side Scan Sonar image of wreck site believed to be SS Connaught captured by Endurance Exploration Group in Summer of 2013.


Ghostly images of paddle wheel believed to belong to SS Connaught captured by Endurance Exploration Group September 28, 2014.





4



Ghostly images of paddle wheel believed to belong to SS Connaught captured by Endurance Exploration Group September 28, 2014.


Image of 154 year old whiskey bottles in debris field of SS Connaught captured by Endurance Exploration Group September 28, 2014.













5



154 year old artifacts in debris field of SS Connaught captured by Endurance Exploration Group September 28, 2014.






Item 9.01. Financial Statements and Exhibits.


(d) Exhibits:


99.1 Press Release issued on October 3, 2014



6




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: October 3, 2014

By:

/s/ Micah Eldred

Name: Micah Eldred

Title:President and Chief Executive Officer





7



EX-99.12ex991connaught_pressreleasef.htmEXHIBIT 99.1- PRESS RELEASE

Converted by EDGARwiz



ENDURANCE EXPLORATION DISCOVERS LOST TREASURE LINER- S.S. CONNAUGHT


CLEARWATER, Fla., October 3, 2014


Endurance Exploration Group, Inc. (OTCQB: EXPL) (Endurance or the Company), a company specializing in shipwreck research, survey and recovery, announces the successful completion of Phase 1 of Project Sailfish with the identification of the wreck believed to be that of the S.S. Connaught, a mid-19th century steamship reportedly lost with a cargo of gold coins.


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 tragic role in what has been called one of the most courageous and daring rescues in maritime history.


The elegant S.S. Connaught departed Galway, Ireland on September 25, 1860, bound for Boston by way of St. Johns, Newfoundland. She departed for the final leg to Boston with 50 first-class passengers, 417 in steerage and a full crew of 125. In addition, she was quietly loaded with 10,000 in gold coins, possibly bound for a visiting member of the British royal family.


Her routine voyage became perilous when she sprang a leak in a sudden storm, forcing passengers and crew alike to join forces in an effort to save her. Though the leak was brought under control, the doomed ship soon faced a far more dangerous adversarya fire below her decks.


Smoke and flames drove passengers and crew alike to the top deck, building in strength so quickly that none of the gold cargo or valuable passenger belongings could be saved. Lifeboats were ordered lowered, but they were smashed by the violent waves.


Disaster seemed all but certainuntil a tiny fruit transport sailed to intercept the burning ship. By this time the S.S. Connaughts hulls were so hot they boiled the waves as they crashed against her. Heroism abounded as a line was thrown across decks, transferring women and children first, then the male passengers and crew. There were soon so many people on the tiny fruit transport that they stood on every available patch of deck, some even clinging to the tall masts and rigging.


The Captain of the S.S. Connaught was bound by tradition to leave last. Soon after he departed, both rescuers and rescued watched as the S.S. Connaught disappeared beneath the waves, over one hundred miles from the nearest land. It was a long and trying night, but every soul was safely delivered to Bostons India Wharf the following day. Nearly 600 souls had been transferred from one of the largest ocean liners of the time to a tiny fruit transport without a single loss of life.








It was a real thrill for me to be on board for our inspection mission and see the images of the S.S. Connaught paddle wheel come up on the screen, seen for the first time in 154 years, said Endurance CEO Micah J. Eldred. This is what we methodically worked for as we built our research data, patiently conducted our first search and now enjoy our first shipwreck find. Now, on to the recovery phase.


Following in-house research efforts, the attempt to find the S.S. Connaught began with a 2013 Summer sonar search covering over 700 square miles, roughly equivalent to scanning an area of ocean bottom 30 times the size of Manhattan. Endurance returned this month with a remotely operated underwater robotics vehicle (ROV) to inspect the prime target, identifying the wreck by its distinctive iron hull, paddlewheels and artifacts within the debris field.


Equally important to simply rescuing her valuable gold cargo, we are excited to piece together the final moments of the Steamship S.S. Connaught, and tell her amazing story said Taylor Zajonc, the Companys Director of Research. He went on to add, Endurance Exploration recognizes the importance of returning to the site at the earliest possible time. High-resolution sonar surveys reveal extensive trawling in the area. Its already impacted the site, making it essential that we document and recover historically significant artifacts of this wreck as soon as possible.


Endurance CEO, Micah J. Eldred, further commented, Finding the S.S. Connaught represents a milestone for our Company, and changes our Companys risk profile significantly. Not only have we located a valuable shipwreck carrying a documented shipment of gold coinage, but we have validated the operational mission statement we put into place when we established our company: using the most modern day subsea technology, coupled with exhaustive archival research, we are targeting merchant ships containing documented, valuable, merchant cargoes which have a clear path to legal title, that can all be found and salvaged in a manner that produces profitable results for our shareholders. We believe the S.S. Connaught represents exactly this type of project. The location and identification of the S.S. Connaught proves up our research, search and subsea capabilities, allows us to move a step closer to the salvage and monetization of her gold cargo, and also frees up our search and survey assets allowing us to move forward on our next planned deep-water search project.


The Endurance Recovery Mission


Endurance has petitioned the U.S. Federal Courts for the Middle District of Florida for an arrest of the shipwreck, an appointment of Endurance as substitute custodian of the shipwreck and a salvage award or title to the shipwreck and its cargo. If granted Endurance plans to return to the site next spring or summer to begin a systematic and well-documented recovery of cargo and artifacts. The Company also intends to make a documentary film or television special to fully tell the remarkable story of the loss of the S.S. Connaught.









About Endurance Exploration Group, Inc.:


Endurance Exploration Group, Inc. specializes in historic shipwreck research, subsea search, survey and recovery of lost ship containing valuable cargoes. Over the last 6 years, Endurance has developed a research database of over 1,400 ships that are known to be lost with valuable cargoes in the world oceans, and in 2013 began subsea search and survey operations.


The Company will be posting sonar and still images as well as video footage of the shipwreck to its website and to its Facebook page at the following links:


www.eexpl.com

www.facebook.com/EnduranceExplorationGroup


Forward Looking Statements:


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 October 2, 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.


Contact Information:

Guy M Zajonc, J.D.

Director & VP of Business Development

(509) 448-1328

(509) 230-1177

[email protected]






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