The Metals Royalty Company Inc. (“TMCR” or the “Company”) (Nasdaq: TMCR) announces that its common shares are expected to commence trading today, Wednesday, April 8, 2026 on the Nasdaq Stock Market under the ticker symbol “TMCR” following the effectiveness of its registration statement with the U.S. Securities and Exchange Commission.
TMCR’s mission is to finance America’s mineral security. The Company intends to focus on deploying capital to acquire critical metals and mineral royalties, streams and other similar interests across the long arc of critical minerals development – from early exploration through production and mine expansion, with a focus on the United States of America, where TMCR believes the government has shown policy objectives of increasing the extraction and processing of critical minerals and promoting the onshoring of industries directly or indirectly impacted by critical metals and minerals supply. TMCR aims to focus on capital development opportunities encompassing all aspects of the critical metals and minerals value chain to support mineral security and independence in North America in support of accelerating domestic industry growth, including energy, defense and re-industrialization.
The Company’s royalty-based business model is designed to enable it to participate in the long-term potential cash flows and commodity upside of large-scale, strategically significant critical metals and mineral assets, with reduced exposure to operational, development or environmental risks typically associated with resource production operations.
TMCR’s portfolio is anchored by its sole royalty, a 2.0% gross overriding royalty (GORR) on the NORI polymetallic nodule deposit in the Clarion-Clipperton Zone controlled by TMC the metals company Inc. (Nasdaq: TMC). The NORI deposit is believed to be one of the world’s largest potential undeveloped nickel, copper, cobalt, and manganese resources – four minerals required for energy demand, energy security, defense, infrastructure development, electrification and advanced manufacturing. TMCR believes recent policy support by the U.S. government validates the importance of domestic critical mineral supply chains - all of which has the potential to enhance the long-term value of TMCR’s NORI GORR.
Stifel is serving as the Company’s financial advisor in connection with the listing.
No new shares will be issued by the Company in connection with the listing which is being conducted as a direct listing without an underwritten offering. The Company is conducting the direct listing in the United States and not in any Canadian jurisdiction.
