Reported 1 day ago
TMC the Metals Company Inc. has secured an $85.2 million strategic investment from Korea Zinc Co. Ltd., aimed at advancing deep-sea mineral development. The investment involves Korea Zinc purchasing 19.6 million common shares at $4.34 each and receiving a warrant to buy an additional 6.9 million shares for $7.00 each over three years. This partnership highlights TMC's position as a significant player in deep-sea mineral exploration.
Source: YAHOO