SCHEDULE: TMC the metals company Inc. Ownership Update

TMC the metals company Inc. reports a significant ownership stake of 22.1% by TMC the metals company Inc., as of June 1, 2026.

Summary

• TMC the metals company Inc. has filed a Schedule 13G, reporting beneficial ownership of 13,923,077 shares of Metals Royalty Co Inc. Common Shares.
• This represents 22.1% of the total outstanding shares.
• The filing is an amendment (Amendment No. 1) and the event date requiring the filing was June 1, 2026.
• The reporting person, TMC the metals company Inc., is organized in British Columbia, Canada.
• The calculation of the percentage of shares is based on 63,048,943 Common Shares outstanding as of August 10, 2026, as per a Form 6-K filed by the issuer.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive filing, indicating a significant ownership stake by a major shareholder, which can signal confidence in the company's future.

Positives

• TMC the metals company Inc. holds a substantial 22.1% stake in Metals Royalty Co Inc., indicating significant investor interest and potential influence.
• The reporting person has sole voting power and sole dispositive power over all 13,923,077 shares, demonstrating full control over their investment.

Negatives

• The filing does not contain any negative financial or operational information, as it is primarily an ownership disclosure.

Risks

• Concentration of ownership by a single entity (TMC the metals company Inc.) could lead to potential conflicts of interest or influence over corporate decisions that may not align with other shareholders.
• The filing is an amendment, suggesting a change or update to a previous filing, the details of which are not provided here.

Future Outlook

This filing is an ownership disclosure and does not contain forward-looking statements or guidance regarding the company's future performance.

Management Comments

• "After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct."

Industry Context

StockSavvy.ai notes that significant ownership stakes, as reported in Schedule 13G filings, are common in industries with high capital requirements or strategic importance, such as mining and metals, where consolidation or strategic partnerships are frequent.

Stakeholder Impact

• Shareholders: The significant ownership by TMC the metals company Inc. may influence share price due to potential strategic actions or changes in control. It could also signal confidence in the company's value.
• Management and Board of Directors: The substantial stake may lead to increased scrutiny or influence from TMC the metals company Inc. on board decisions and company strategy.
• Creditors: Stability and strategic direction, potentially influenced by a large shareholder, can impact the company's ability to meet its debt obligations.

Next Steps

• Monitor future filings from TMC the metals company Inc. for any changes in their ownership stake.
• Observe how this significant ownership influences Metals Royalty Co Inc.'s strategic decisions and corporate governance.

Key Dates

Recommendation

The filing indicates a significant ownership stake, which is a positive signal of investor conviction. However, without further operational or financial details from Metals Royalty Co Inc., a 'hold' recommendation is prudent, suggesting investors should monitor the company's performance and strategic moves influenced by this major shareholder.

Keywords

ownership, beneficial ownership, Schedule 13G, TMC the metals company Inc., Metals Royalty Co Inc., shareholder, investment