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The Metals Company to form $2.9B SPAC merger to help it harvest polymetallic rock from Pacific Ocean

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The Metals Company (NYSE:SOAC), formerly known as DeepGreen Metals Inc, CEO Gerard Barron and Head of Financial Markets and Investor Relations Craig Shesky speak to Proactive about the Vancouver-based groups’ intent to merge with SPAC company Sustainable Opportunities Acquisition Corp. Barron and Shesky say the merger will help the group gain access to capital to fast track its resource of polymetallic rock found on the Pacific Ocean floor, to production in 2024. The merger is expected to close in 2Q of 2021.

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Source: http://www.proactiveinvestors.com/companies/news/945824/the-metals-company-to-form-29b-spac-merger-to-help-it-harvest-polymetallic-rock-from-pacific-ocean-945824.html



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