The Metals Royalty Company Inc.

Metals Royalty Co Inc. is engaged in the acquisition and management of critical metals and mineral royalties, streams, and other similar interests. The company focuses on providing capital to support mineral security and independence in North America, aiming to accelerate domestic industry growth in sectors such as energy, defense, and re-industrialization. Metals Royalty Co Inc. intends to focus on capital development opportunities across all aspects of the critical metals and minerals value chain. Its royalty-based business model allows participation in the long-term potential cash flows and commodity upside of large-scale, strategically significant critical metals and mineral assets, while reducing exposure to operational, development, or environmental risks typically associated with resource production. The company's core and only asset is a 2.0% gross overriding royalty on the NORI Property. This polymetallic nodule project is being developed by The Metals Company in the Clarion Clipperton Zone (CCZ), located approximately 1,500 miles southwest of San Diego, California. Metals Royalty Co Inc. acquired this royalty in 2023 from The Metals Company in exchange for approximately 13.9 million (or 25.15%) of its Common Shares and $5,000,000 in cash. To date, the company has not received any royalty revenue from the NORI Royalty. The NORI Property is currently in the development stage and is not yet permitted for commercial production.