Offshore expedition 5C is part of a multi-year, $75 million deep-sea research program to establish an environmental baseline and analyse the impacts of The Metals Company's proposed operations to source critical battery metals from deep-sea polymetallic nodules. The expedition follows The Metals Company's September listing on NASDAQ, and its earlier identification of more than 1.6 billion tonnes (wet) of nodules across two of its contract areas, containing battery metal resource sufficient for 280 million electric vehicles (EVs) — equivalent to the entire US passenger car fleet. The world's largest untapped deposit of battery metals — nickel, cobalt, copper and manganese — is containe

Business combination approved by SOAC shareholders and completed  $137.5 million of gross cash proceeds to The Metals Company The Metals Company sets its focus on environmental impact assessment, technology pilots, production permitting, and continued discussions with global strategic companies to help move the world's largest estimated source of battery metals into production The Metals Company's common shares expected to begin trading on the Nasdaq Global Select Market under symbol "TMC" on September 10, 2021 DeepGreen Metals, Inc., an explorer of lower-impact battery metals from seafloor polymetallic nodules, and Sustainable Opportunities Acquisition Corporation (SOAC), a speci

DALLAS and VANCOUVER, British Columbia, Sept. 07, 2021 (GLOBE NEWSWIRE) -- DeepGreen Metals, Inc. (DeepGreen), an explorer of lower-impact battery metals from seafloor polymetallic nodules, and Sustainable Opportunities Acquisition Corporation (NYSE:SOAC) (SOAC), a special purpose acquisition company with a dedicated ESG focus, announced today that at the SOAC extraordinary general meeting held on September 3, 2021, SOAC's shareholders approved their previously announced business combination to create TMC the metals company Inc. ("The Metals Company" or "TMC"). The transaction is expected to close as promptly as reasonably practicable, but in no event later than the third business day foll

Executives from a Range of Industries to Present to 500+ Investors and AnalystsNEWPORT BEACH, CA / ACCESSWIRE / August 24, 2021 / The Gateway Conference is back for its 10th year and will showcase leading public and private companies virtually on September 8th and 9th.Attendees will have the opportunity to discover and learn about a select group of compelling companies across a wide range of industries, including consumer & wellness, financials, internet & business services, industrials, technology & electric vehicles, and SPACs.The invitation-only conference provides investors and analysts a unique opportunity to gain valuable insights during two days of presentations and one-on-one meeting

Extraordinary general meeting of Sustainable Opportunities Acquisition Corp. ("SOAC") shareholders to approve the proposed business combination with DeepGreen Metals Inc. to be held on September 3rd, 2021 at 10:30 a.m. Central Time SOAC's Board of Directors recommends shareholders vote "FOR" all of the proposals at the Extraordinary General Meeting Shareholders as of the close of business on the record date of June 21, 2021 are encouraged to vote FOR the business combination and the other proposals at the Extraordinary General Meeting on or before September 3rd, 2021 For assistance voting your shares, please contact Morrow Sodali LLC, SOAC's proxy solicitor, at (800) 662-5200 (toll-f

Expeditions 5D and 4E are part of a multi-year, $75 million deep-sea research program to establish an environmental baseline and analyze the potential impacts of DeepGreen's proposed operations to source critical battery minerals from seafloor polymetallic nodules. DeepGreen shares its bathymetric survey data with the global community as part of the International Seabed Authority's plans to develop a definitive map of the world's seabed by 2030. The expeditions are ahead of DeepGreen's plans to merge with Sustainable Opportunities Acquisition Corporation (NYSE:SOAC) and its expected public listing on NASDAQ as The Metals Company. DeepGreen Metals Inc., which is expected to merge wi

Transaction Expected to Close in the Third Quarter of 2021 DeepGreen Metals Inc. ("DeepGreen") today announced that DeepGreen's securityholders passed a special resolution approving the Plan of Arrangement related to the previously-announced business combination (the "business combination") with Sustainable Opportunities Acquisition Corp. ("SOAC"). At the DeepGreen securityholders meeting, held on June 22, 2021, the special resolution approving the Plan of Arrangement was unanimously approved, with 90.4% of the outstanding shares and 98.7% of the outstanding options represented in person or by proxy. No DeepGreen securityholders voted against the resolutions. The closing of the business c

VANCOUVER, British Columbia--(BUSINESS WIRE)--In connection with the proposed business combination announced on March 4, 2021 of DeepGreen Metals Inc. and Sustainable Opportunities Acquisition Corporation (NYSE: SOAC), the combined entity will be renamed “TMC the metals company Inc.” (the Combined Company) at the closing of the business combination and will be led by Gerard Barron as Chairman and CEO, with Craig Shesky assuming the role of Chief Financial Officer. Following the completion of the transaction, expected to close in July 2021, the Combined Company (The Metals Company) is expected to begin trading on the Nasdaq Global Select Market under the ticker symbol TMC. Direct

Designs unveiled for seafloor mineral collector robots, carbon-neutral vessels and waste-free metals processing and recycling plants will enable a circular supply chain for battery metals BIG-Bjarke Ingels Group, the acclaimed global architecture firm whose groundbreaking work incorporates innovations in architecture, has collaborated with The Metals Company, a developer of lower-impact battery metals from seafloor polymetallic nodules, to remake conventional metal production for the 21st century as society embarks on the transition to a net-zero-carbon future. The Metals Company announced in March that it will merge with Sustainable Opportunities Acquisition Corporation (NYSE:SOAC) to go

Key Hire Made In Advance of Merger with the Sustainable Opportunities Acquisition Corporation (NYSE:SOAC) CTO will lead development of The Metals Company's Adaptive Management System (AMS), a stack of sophisticated marine technology and artificial intelligence to enable deep-sea nodule collection with the least possible environmental impact Mr. Jones brings a deep background in technology and corporate IT to support The Metals Company at a critical time of growth A ‘Track and Trace' system, which will enable battery metals and their ESG impacts to be tracked from seafloor through the EV battery supply chain to end-of-life return, will be a key system developed by the new CTO The Met