TMC The Metals Company Inc. Announces Conclusion Of SEC Investigation; No Enforcement Action Recommended Against Company Or Officers Regarding 2020 Acquisition Of Tonga Offshore Mining Limited And 2021 Business Combination With Sustainable Opportunities Acquisition Corp.

5/28/24 8:21:26 AM ET

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Recent Analyst Ratings for
$TMC

Date	Price Target	Rating	Analyst
11/13/2023	$4.20	Buy	Cantor Fitzgerald
11/24/2021	$5.00	Neutral	Wedbush
11/12/2021	$3.00	Neutral	Piper Sandler
11/11/2021		Hold	Benchmark
11/11/2021		Hold	The Benchmark Company

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$TMC
Financials

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The Metals Company Announces Third Quarter 2024 Corporate Update Conference Call for Thursday, November 14, 2024
NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- The Metals Company (NASDAQ:TMC) ("TMC" or "the Company"), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Thursday, November 14, 2024, to provide an update on third quarter financial results and recent corporate developments. Third Quarter 2024 Conference Call Details Date: Thursday, November 14, 2024 Time: 4:30 p.m. ET Audio-only Dial-in: Register Here Virtual webcast with slides: Register Here The virtual webcast will be available for replay in the ‘Investors' tab of the Company's website under ‘Investors' > ‘Media' > ‘Events and Presentations', approx
11/7/24 8:15:00 AM ET
$TMC
Metal Mining
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The Metals Company Announces Second Quarter 2024 Corporate Update Conference Call for Wednesday, August 14, 2024
NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- The Metals Company (NASDAQ:TMC) ("TMC" or "the Company"), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Wednesday, August 14, 2024, to provide an update on second quarter financial results and recent corporate developments. Second Quarter 2024 Conference Call Details Date:Wednesday, August 14, 2024 Time:4:30 p.m. ET Audio-only Dial-in:Register Here Virtual webcast with slides:Register Here The virtual webcast will be available for replay in the ‘Investors' tab of the Company's website under ‘Investors' > ‘Media' > ‘Events and Presentations', approxima
8/8/24 8:05:00 AM ET
$TMC
Metal Mining
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The Metals Company Announces First Quarter 2024 Corporate Update Conference Call for Monday, May 13, 2024
NEW YORK, May 06, 2024 (GLOBE NEWSWIRE) -- The Metals Company (NASDAQ:TMC) ("TMC" or "the Company"), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Monday, May 13, 2024, to provide an update on first quarter financial results and recent corporate developments. First Quarter 2024 Conference Call Details Date: Monday, May 13, 2024 Time: 4:30 p.m. ET     Audio-only Dial-in: Register Here   Virtual webcast with slides: Register Here The virtual webcast will be available for replay in the ‘Investors' tab of the Company's website under ‘Investors' > ‘Media' > ‘Events and Presentations', approximatel
5/6/24 4:30:35 PM ET
$TMC
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$TMC
Market Insights

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EXCLUSIVE: Impossible Metals CEO Says Presale Agreements 'Quite Attractive' For Funding Deep-Sea Projects Vs. IPO
The chief executive of Impossible Metals, a privately held company developing ocean floor mining technology, is leaning toward offtake agreements rather than a public listing to fund full commercial operations. Offtake agreements are legally binding contracts where a buyer promises to take a certain amount of product at a specified price or price range in the future. These deals are important for early-stage mining companies because they allow them to more easily obtain money from lenders or investors to develop capital intensive projects. "I think offtake agreements are quite attractive," Impossible Metals CEO Oliver Gunasekara told Benzinga. However, he stressed that nothing is set i
7/22/24 4:43:18 PM ET
$TMC
Metal Mining
Basic Materials
TMC And SGS Produce Cobalt Sulfate From Deep-Seafloor Polymetallic Nodules
As part of TMC's pilot-scale nodule processing, SGS and TMC produced the world's first cobalt sulfate from deep-seafloor polymetallic nodules, continuing to indicate TMC's resource is suitable for battery and energy transition marketsThe cobalt sulfate was produced in a testing program conducted in collaboration with SGS applying TMC's efficient flowsheet design that processes high-grade nickel-copper-cobalt matte directly to high-purity cobalt sulfate (without making cobalt metal) and produces fertilizer products instead of solid waste or tailingsKey milestone advances TMC's aim to decrease reliance on land-based cobalt deposits and supply chains, and follows last month's successful product
6/12/24 8:14:11 AM ET
$TMC
Metal Mining
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TMC The Metals Company Inc. Announces Conclusion Of SEC Investigation; No Enforcement Action Recommended Against Company Or Officers Regarding 2020 Acquisition Of Tonga Offshore Mining Limited And 2021 Business Combination With Sustainable Opportunities Acquisition Corp.
5/28/24 8:21:26 AM ET
$TMC
Metal Mining
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The Metals Company Provides Third Quarter 2024 Corporate Update
NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (NASDAQ:TMC) ("TMC" or "the Company"), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided a corporate update and financial results for the third quarter ending September 30, 2024. Q3 2024 Financial Highlights Current liquidity available from our cash on hand and our credit facilities of approximately $63 million as of date of filingBorrowing capacity of our unsecured credit facilities increased by $10.5 million as of date of filing: ERAS/Barron facility increased from $25 million to $38 million ($33.8 million available), and;Allseas Group SA affiliate facility reduced from $
11/14/24 4:55:37 PM ET
$TMC
Metal Mining
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The Metals Company Announces US$17.5 Million Registered Direct Offering of Common Shares and Class B Warrants
NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (NASDAQ:TMC) ("TMC" or the "Company"), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it has entered into a securities purchase agreement with certain new and existing institutional investors for the purchase of an aggregate of 17,500,000 common shares of the Company (the "Shares"), without par value ("Common Shares"), and accompanying Class B warrants (the "Class B Warrants" and collectively with the Shares and Class B Warrants, the "Securities") to purchase up to an aggregate of 8,750,000 Common Shares in a registered direct offering. Each Common Share and the acco
11/14/24 4:33:29 PM ET
$TMC
Metal Mining
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TMC Announces June 27, 2025 Submission Date for Subsidiary NORI's ISA Application, and Expanded Company Strategy
NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (NASDAQ:TMC) ("TMC" or "the Company"), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided a corporate update on the expected submission date of the application to the ISA for an exploitation contract, and an expanded company strategy. Update Highlights: Following discussions between TMC subsidiary Nauru Ocean Resources Inc (NORI) and its sponsoring state, the Republic of Nauru, NORI has set the date of June 27, 2025 for the expected submission of its ISA exploitation applicationGiven it is unlikely the ISA would consider an application prior to its March 2025 session, the Re
11/12/24 4:05:00 PM ET
$TMC
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$TMC
Leadership Updates

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The Metals Company Welcomes Prominent Sustainability Strategist Brendan May to its Board of Directors
Mr. May is chairman and founder of Robertsbridge, a leading global sustainability consultancy he formed in 2010. He has spent more than 25 years in the sustainability space, initially working on oceans sustainability as CEO of the Marine Stewardship Council (MSC) and more recently on deforestation as European Chairman of the Rainforest AllianceHe joins TMC's Board to help the company transition into commercial production as global policymakers increasingly focus on the potential of deep-seafloor nodules to reduce the lifecycle planetary and human costs of land-based sources of the metals that underpin the energy transition and global development NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) --
6/3/24 8:00:00 AM ET
$TMC
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Steve Jurvetson, a Renowned Silicon Valley Investor, Joins TMC's Board of Directors as Vice Chairman and Special Advisor to the CEO
Mr. Jurvetson is a legendary investor focused on founder-led, mission-driven companies at the cutting edge of disruptive technology and new industry formation. His investments include pioneering technology companies like Tesla, Planet Labs, SpaceX and Commonwealth Fusion Systems, and represent over $800 billion in aggregate value creationHe joins TMC's Board to help the company transition into commercial production as global policymakers increasingly focus on the potential of deep-seafloor nodules to strengthen domestic supply chains for critical metals that underpin energy transition and national security NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (NASDAQ:TM
4/10/24 8:30:00 AM ET
$TMC
Metal Mining
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The Metals Company Hires Bechtel Veteran Grant Lindner as Project Director to Advance its NORI-D Project, as CDO Anthony O'Sullivan Prepares to Step Down
As NORI Project Director, Grant Lindner will oversee the delivery and scaling of the Company's first polymetallic nodule projectLindner brings deep experience in delivering resource projects with BHP and Bechtel with an exceptional track record of building safe and capital-efficient greenfield and brownfield projectsChief Development Officer Anthony O'Sullivan has resigned as the Company's Chief Development Officer (CDO) for personal and health reasons, and will remain TMC's CDO throughout a twelve-month transition period NEW YORK, Oct. 20, 2022 (GLOBE NEWSWIRE) -- The Metals Company (NASDAQ:TMC) (the "Company" or "TMC"), an explorer of lower-impact battery metals from seafloor polymetal
10/20/22 4:05:00 PM ET
$TMC
Metal Mining
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TMC The Metals Company Inc. Announces Conclusion Of SEC Investigation; No Enforcement Action Recommended Against Company Or Officers Regarding 2020 Acquisition Of Tonga Offshore Mining Limited And 2021 Business Combination With Sustainable Opportunities Acquisition Corp.

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Recent Analyst Ratings for $TMC

$TMC SEC Filings

TMC the metals company Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Other Events, Financial Statements and Exhibits

SEC Form 424B5 filed by TMC the metals company Inc.

SEC Form 10-Q filed by TMC the metals company Inc.

$TMC Financials

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The Metals Company Announces Third Quarter 2024 Corporate Update Conference Call for Thursday, November 14, 2024

The Metals Company Announces Second Quarter 2024 Corporate Update Conference Call for Wednesday, August 14, 2024

The Metals Company Announces First Quarter 2024 Corporate Update Conference Call for Monday, May 13, 2024

$TMC Market Insights

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EXCLUSIVE: Impossible Metals CEO Says Presale Agreements 'Quite Attractive' For Funding Deep-Sea Projects Vs. IPO

TMC And SGS Produce Cobalt Sulfate From Deep-Seafloor Polymetallic Nodules

TMC The Metals Company Inc. Announces Conclusion Of SEC Investigation; No Enforcement Action Recommended Against Company Or Officers Regarding 2020 Acquisition Of Tonga Offshore Mining Limited And 2021 Business Combination With Sustainable Opportunities Acquisition Corp.

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Cantor Fitzgerald initiated coverage on The Metals Company with a new price target

Wedbush initiated coverage on TMC The Metals with a new price target

Piper Sandler initiated coverage on The Metals Company with a new price target

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$TMC Large Ownership Changes

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The Metals Company Provides Third Quarter 2024 Corporate Update

The Metals Company Announces US$17.5 Million Registered Direct Offering of Common Shares and Class B Warrants

TMC Announces June 27, 2025 Submission Date for Subsidiary NORI's ISA Application, and Expanded Company Strategy

Director Hall Andrew sold $61,538 worth of shares (66,000 units at $0.93), decreasing direct ownership by 27% to 182,966 units (SEC Form 4)

Siamomua Amelia Kinahoi was granted 212,934 shares, increasing direct ownership by 280% to 288,993 units (SEC Form 4)

Mcallister Kathleen S was granted 144,907 shares, increasing direct ownership by 105% to 282,450 units (SEC Form 4)

SEC Form SC 13D/A filed by TMC the metals company Inc. (Amendment)

SEC Form SC 13D/A filed by TMC the metals company Inc. (Amendment)

SEC Form SC 13D/A filed by TMC the metals company Inc. (Amendment)

$TMC Leadership Updates

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The Metals Company Welcomes Prominent Sustainability Strategist Brendan May to its Board of Directors

Steve Jurvetson, a Renowned Silicon Valley Investor, Joins TMC's Board of Directors as Vice Chairman and Special Advisor to the CEO

The Metals Company Hires Bechtel Veteran Grant Lindner as Project Director to Advance its NORI-D Project, as CDO Anthony O'Sullivan Prepares to Step Down

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