TMCR - Mergers and acquisitions

New York, June 02, 2026 (GLOBE NEWSWIRE) -- Diamond Equity Research LLC, an equity research firm with a focus on small capitalization public companies has initiated coverage of The Metals Royalty Company Inc. (NASDAQ:TMCR). The research summary below is from a report commissioned by The Metals Royalty Company Inc. and produced by Diamond Equity Research.The in-depth 54-page initiation report includes detailed information on The Metals Royalty Company's business model, services, industry overview, financials, management profile, and risks. The full research report is available below. The Metals Royalty Company Initiation Report Highlights from the report include: TMCR Offers Royalty Exp

The $2.5 billion world-scale, low-cost DR-grade iron ore mine positions U.S. steel industry to break free from foreign imports from Brazil and other countriesNASHWAUK, Minn., June 1, 2026 /CNW/ -- Mesabi Metallics Company LLC (Mesabi Metallics), backed by Essar Group, has agreed to sell 50% of its royalty interest to The Metals Royalty Company Inc. (TMCR) for total consideration of $265 million, implying a valuation of more than $500 million for the royalty platform. The transaction with TMCR will be completed in two equal tranches of $132.5 million each: the first tranche closed on 1st June 2026, with the second tranche expected to close within 60 days. The majority of the proceeds from thi