The Metals Company Provides Closing Update on its Registered Direct Offering at $2.00 Per Share Plus Class A Warrants
TMC's registered direct offering is expected to raise about $24.9 million in gross proceeds, mostly already received.
The Metals Company Announces Investor Conference Schedule Through End of 2023
TMC lays out its Q3 and Q4 2023 investor conference schedule, from H.C. Wainwright to Benchmark Week in Los Angeles.
TMC and Kongsberg Digital Announce Next Phase of Agreement to Bring AI and Hybrid Machine Learning to Future Deep-sea Nodule Collection Operations
TMC and Kongsberg Digital advanced their Digital Twin deal to bring AI to seafloor nodule collection ahead of NORI's 2025 output target.
The Metals Company Provides Second Quarter 2023 Corporate Update and Commentary on ~$27 Million Capital Raise at $2.00 Per Share with Potential Upsizing to $38 Million
TMC posted a $14.1 million Q2 2023 net loss and priced a roughly $27 million share offering at $2.00 per share.
The Metals Company Announces ~US$27 Million Registered Direct Offering at $2.00 Per Share Plus Class A Warrants
TMC raised about US$27 million in a registered direct offering priced at $2.00 per share plus Class A warrants.
The Metals Company Announces Second Quarter 2023 Corporate Update Conference Call for Monday, August 14, 2023
TMC scheduled an August 14, 2023 conference call to review second quarter financial results and recent developments.
TMC Announces Corporate Update on Expected Timeline, Application Costs and Production Capacity Following Part II of the 28th Session of the International Seabed Authority
TMC now targets a post July 2024 ISA application and Q4 2025 production, needing $60 to 70 million more cash.
Congressional Leaders Urge President Biden and the Department of Defense to Consider Polymetallic Nodules for U.S. Critical Mineral Supplies and National Security
Nine members of Congress urged Biden and the Pentagon to weigh polymetallic nodules for critical mineral security.
The Metals Company Comments on ISA Council Decision and Intention to Deliver Final Rules, Regulations and Procedures for Exploitation
ISA Council agreed a roadmap to finish the Mining Code by 2024, after missing its July 9, 2023 adoption deadline.
Biodiversity Data from NORI-D Exploration Area Now Available on UNESCO’s Ocean Biodiversity Information System, Increases Biodiversity Records for the Clarion-Clipperton Zone by About 150%
TMC's NORI published biodiversity data that boosted Clarion Clipperton Zone records on UNESCO's OBIS by about 150%.