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DeepGreen Metals Continues to Advance Deep-Sea Research on Path to Meet Global Demand for Nickel and Other Key EV Battery Metals

Retrieved on: 
Thursday, July 8, 2021

My team and I undertook lander operations to gather the best environmental data that we could, said Sweetman.

Key Points: 
  • My team and I undertook lander operations to gather the best environmental data that we could, said Sweetman.
  • The next research campaign, Environmental Expedition 4E, will be led by CSA Ocean Sciences Inc. (CSA), which specializes in multidisciplinary environmental impact assessments.
  • This will be the fourth of seven research campaigns to the CCZ that The Metals Company will conduct over a 14-month period.
  • In March, SOAC announced that it would merge with DeepGreen Metals Inc. to form TMC the metals company Inc. For more information, visit greenspac.com .

DeepGreen Securityholders Approve Business Combination with Sustainable Opportunities Acquisition Corp.

Retrieved on: 
Monday, June 28, 2021

DeepGreen Metals Inc. (DeepGreen) today announced that DeepGreens securityholders passed a special resolution approving the Plan of Arrangement related to the previously-announced business combination (the business combination) with Sustainable Opportunities Acquisition Corp. (SOAC).

Key Points: 
  • DeepGreen Metals Inc. (DeepGreen) today announced that DeepGreens securityholders passed a special resolution approving the Plan of Arrangement related to the previously-announced business combination (the business combination) with Sustainable Opportunities Acquisition Corp. (SOAC).
  • In March 2021, DeepGreen announced that it had entered into a business combination agreement with Sustainable Opportunities Acquisition Corporation (SOAC) to accelerate project development and become a publicly traded company on NASDAQ as The Metals Company.
  • Sustainable Opportunities Acquisition Corporation a special purpose acquisition company with a dedicated ESG focus and deep operational and capital market capabilities in the energy and resource sectors.
  • This communication is being made in respect of a proposed business combination transaction contemplated by the business combination agreement (the Business Combination Agreement), dated as of March 4, 2021, by and among SOAC, 1291924 B.C.

DeepGreen / The Metals Company to Nominate Six Directors to Its Board and Appoint CFO in Connection with Sustainable Opportunities Acquisition Corp.’s Proposed Business Combination

Retrieved on: 
Wednesday, June 9, 2021

The Board of The Metals Company is expected to be comprised of nine directors including Gerard Barron, current CEO of DeepGreen, and Scott Leonard, current CEO of SOAC.

Key Points: 
  • The Board of The Metals Company is expected to be comprised of nine directors including Gerard Barron, current CEO of DeepGreen, and Scott Leonard, current CEO of SOAC.
  • The following Directors were selected with the intention of bringing critical skill sets and diversity to the Board of the Combined Company.
  • Ms. Khama is the former CEO of De Beers Botswana and non-executive director of the worlds diamond producer Debswana Diamond Company.
  • This communication is being made in respect of a proposed business combination transaction contemplated by the business combination agreement (the Business Combination Agreement), dated as of March 4, 2021, by and among Sustainable Opportunities Acquisition Corp. (SOAC), 1291924 B.C.

Bjarke Ingels Group and The Metals Company Design a New Generation of Offshore and Onshore Assets to Produce Critical EV Battery Metals From Seafloor Rocks

Retrieved on: 
Wednesday, May 12, 2021

The Metals Company announced in March that it will merge with Sustainable Opportunities Acquisition Corporation (NYSE: SOAC ) to go public on the NASDAQ in Q2 2021.\nThis press release features multimedia.

Key Points: 
  • The Metals Company announced in March that it will merge with Sustainable Opportunities Acquisition Corporation (NYSE: SOAC ) to go public on the NASDAQ in Q2 2021.\nThis press release features multimedia.
  • The streamlined design of the production vessel is driven by functionality.
  • Equipment for nodule collection is strategically packed in the hull to minimize the size of the vessel and maximize operational efficiency.
  • The company envisions multiple facilities spread across three continents and a number of brownfield sites are currently under consideration.

SOAC Files Registration Statement on S-4 in Connection with Proposed Combination with DeepGreen Metals, Explorer of the World's Largest Undeveloped Resource of Battery Metals for EVs

Retrieved on: 
Thursday, April 15, 2021

DeepGreen is exploring a new, scalable source of battery metals in the form of polymetallic nodules which are found in the Clarion Clipperton Zone of the Pacific Ocean.

Key Points: 
  • DeepGreen is exploring a new, scalable source of battery metals in the form of polymetallic nodules which are found in the Clarion Clipperton Zone of the Pacific Ocean.
  • Once the registration statement has been declared effective by the SEC, the final definitive proxy statement/prospectus will be mailed to shareholders of SOAC prior to its shareholder vote on the proposed transaction.
  • In connection with the proposed Business Combination, SOAC has filed with the U.S. Securities and Exchange Commission\xe2\x80\x99s (\xe2\x80\x9cSEC\xe2\x80\x9d) a Registration Statement on Form S-4, including a preliminary proxy statement/prospectus.
  • SOAC and DeepGreen caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Sustainable Opportunities Acquisition Corp. Merger

Retrieved on: 
Monday, March 8, 2021

Rigrodsky Law, P.A.

Key Points: 
  • Rigrodsky Law, P.A.
  • announces that it is investigating Sustainable Opportunities Acquisition Corp. (SOAC) (NYSE: SOAC ) regarding possible breaches of fiduciary duties and other violations of law related to SOACs agreement to merge with DeepGreen Metals Inc.
    To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-sustainable-opportunities-acquisition-corp .
  • You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected] .
  • Rigrodsky Law, P.A.