The Metals Royalty Company Inc.

The Metals Royalty Company Inc. is a Canada-based company focused on the acquisition and management of metals and mineral royalties, streams, and other related interests in North America. Its primary asset is a 2.0% interest in the NORI property, a polymetallic nodule project located southwest of San Diego, California. The company was originally incorporated as Low Carbon Royalties Inc. and rebranded to its current name in September 2025. It operates within the basic materials sector, specifically in other industrial metals and mining, and aims to generate revenue through royalty and streaming agreements on mineral properties.

The Metals Royalty Company Inc. is listed on the Nasdaq Capital Market (NasdaqCM) under the ticker symbol TMCR. Its securities trade in U.S. dollars (USD). The company is headquartered in Calgary, Canada, but its shares are available to investors on this major U.S. exchange, providing liquidity and exposure to a broad investor base.

The Metals Royalty Company Inc. operates in the basic materials sector, which includes companies involved in the discovery, development, and processing of raw materials. More specifically, it falls under the industry of other industrial metals and mining. This industry classification covers companies that engage in mining or processing of metals not classified elsewhere, such as polymetallic nodules. TMCR's focus on royalties and streams in this space means it does not directly mine but rather holds interests in mining projects.

The Metals Royalty Company Inc. is headquartered in Calgary, Canada. The company focuses on acquiring and managing metals and mineral royalties, streams, and other related interests in North America. Its primary asset is the NORI property, a polymetallic nodule project located southwest of San Diego, California, indicating a focus on the U.S. market. While based in Canada, the company's operations and interests are centered on North American mineral projects.

The Metals Royalty Company Inc. generates revenue through the acquisition and management of metals and mineral royalties, streams, and other related interests. This model allows it to benefit from mining operations without bearing the operational costs and risks of direct mining. Its key asset is a 2.0% interest in the NORI property, a polymetallic nodule project located southwest of San Diego, California. Polymetallic nodules contain multiple metals such as nickel, cobalt, copper, and manganese. The company was originally incorporated as Low Carbon Royalties Inc. in 2022 and rebranded in September 2025, reflecting its strategic focus on metals royalties.