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| Legendary British warship 'found' | Legendary British warship 'found' |
| (20 minutes later) | |
| A US-based salvage firm is believed to have found remains from the wreck of a legendary British warship which sank in the English Channel in 1744. | A US-based salvage firm is believed to have found remains from the wreck of a legendary British warship which sank in the English Channel in 1744. |
| Odyssey Marine Exploration is expected to announce on Monday that it has found HMS Victory, the forerunner of Nelson's famous flagship of the same name. | Odyssey Marine Exploration is expected to announce on Monday that it has found HMS Victory, the forerunner of Nelson's famous flagship of the same name. |
| The valuables from the vessel, including brass cannons, could be worth millions of pounds, some experts say. | The valuables from the vessel, including brass cannons, could be worth millions of pounds, some experts say. |
| If confirmed, the find could trigger a row with the British government. | If confirmed, the find could trigger a row with the British government. |
| The remains from HMS Victory have been reportedly found in international waters. | The remains from HMS Victory have been reportedly found in international waters. |
| We found this [the shipwreck] more than 50 miles (80km) from where anybody would have thought it went down Greg StemmOdyssey Marine Exploration | |
| But as a military wreck, they officially belong to the British state. | But as a military wreck, they officially belong to the British state. |
| 'Gold coins' | 'Gold coins' |
| Ahead of the expected announcement at a news conference in London on Monday, Odyssey Marine Exploration's CEO Greg Stemm said the firm was negotiating with Britain over collaborating on the project. | |
| "This is a big one, just because of the history," Mr Stemm was quoted as saying by the Associated Press. | |
| "Very rarely do you solve an age-old mystery like this." | |
| Mr Stemm declined to reveal the exact location of the warship's remains. | |
| "We found this more than 50 miles (80km) from where anybody would have thought it went down," he said. | |
| HMS Victory has been described by some maritime experts as "the finest ship in the world" at its time. | HMS Victory has been described by some maritime experts as "the finest ship in the world" at its time. |
| It sank with more than 1,100 seamen aboard, including Admiral Sir John Balchen, in a fierce storm off the Channel Islands. | It sank with more than 1,100 seamen aboard, including Admiral Sir John Balchen, in a fierce storm off the Channel Islands. |
| The ship's exact location has since remained a mystery, despite numerous attempts by salvagers to find it. | The ship's exact location has since remained a mystery, despite numerous attempts by salvagers to find it. |
| The vessel had 100 brass cannons and reportedly some 100,000 gold coins on board. | The vessel had 100 brass cannons and reportedly some 100,000 gold coins on board. |
| In 2007, Odyssey said it had salvaged 17 tonnes of gold and silver coins, worth $500m (£343m), from a shipwreck in the North Atlantic. | |
| The Spanish government later sued the company, claiming the the sunken ship was a famous 19th-Century Spanish galleon. | |
| The case is pending. |