Andrew Sugerman of Pantheon Entertainment announced on Monday [13] that Anthony Hickox will direct the feature from an original screenplay by Peter Atkins and Hickox. 

Sugerman produces with Leiming Guan and the producers said the budget was $18m.

The thriller-adventure is about a mismatched team of treasure hunters searching for treasure and the fabled fountain of youth.

Shooting is set to take place entirely in the South China Sea and the film will open theatrically in 3D.