TMCR Closes Mesabi Royalty Acquisition & US$165M Financing


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The Metals Royalty Company Closes Additional Mesabi Royalty and US$165 Million Financing
London, UK, August 24, 2026 - The Metals Royalty Company Inc. (Nasdaq: TMCR) announced that it has successfully closed its acquisition of an additional 1.0 percent Index-Priced Gross Overriding Production Royalty with a Revenue Floor in the Mesabi Metallics iron ore project located in Nashwauk, Minnesota, from Ironclad Royalties, LLC. The transaction doubles TMCR's total royalty interest in the Mesabi Project to 2.0 percent.
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