The Metals Royalty Company Announces Closing of Additional 1.0% Mesabi Royalty and US$165 Million FinancingAcquisition Doubles TMCR's Mesabi Royalty Interest to 2.0%; Anticipated Annual Royalty Revenue of Approximately US$22 Million, with a Pathway to US$26 Million
The Metals Royalty Company Announces Fully Allocated US$165 Million Financing to Fund Acquisition of Additional 1.0% Mesabi RoyaltyUS$140 Million Secured Convertible Note Offering and a US$25 Million Senior Secured Term Loan to Fund the Additional Royalty and Repay Existing Indebtedness
The Metals Royalty Company Announces Completion of First Production Blast at Mesabi MetallicsFirst ore blasted at TMCR's royalty asset opens the mine's first ramp toward pellet production
