TMC Announces $37 Million Strategic Investment to Advance Deep-Sea Mineral Development

TMC Announces $37 Million Strategic Investment to Advance Deep-Sea Mineral Development

The financing is led by Michael Hess, Chief Investment Officer of Hess Capital, and Brian Paes-Braga, Managing Partner at SAF Group and Head of SAF GrowthIt comprises a Registered Direct Offering at $3.00 per share and warrants exercisable at $4.50…

As US Charts Course for Deepsea Mining, The Metals Company Pursues Licenses

The Metals Company CFO Craig Shesky is confident of the company’s ability to help meet U.S. critical mineral needs with deepsea mining.

The Metals Company Secures US$37M Strategic Investment to Advance Deep-Sea Nodule Project

The Metals Company (NASDAQ: TMC) has announced a US$37M strategic investment aimed at accelerating the development of its deep-sea polymetallic nodule project. The funding will support the company’s continued engineering, environmental, and permitting efforts for the NORI-D area in the Clarion-Clipperton Zone of the Pacific Ocean. This financing includes a US$27M registered direct offering and a US$10M private placement with key stakeholders, pr…

VHM pushes for production - Australian Resources & Investment

Drilling takes place at the Goschen project. Image: VHM VHM is forging ahead with its plans to begin production at its Goschen rare earths and mineral sands project in the December quarter of 2026. The company completed a $8.25 million placement at $0.25 per share last week to support this mission. This represented a 19.4 per cent discount to VHM’s closing share price of $0.31 on May 8. In December, Resources Victoria endorsed the Goschen projec…

The Metals Co. to raise $37M for underwater mining – The Northern Miner

Undersea critical minerals explorer The Metals Company (Nasdaq: TMC) has lined up C$51.75 million ($37 million) for seabed exploration. Shares rose. Led by Hess Capital chief investment officer Michael Hess...

The Metals Company Announces $37 Million Strategic Investment to Advance Deep-Sea Mineral Development

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