NEW YORK, March 31, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of TMC the metals company Inc. ("TMC" or the "Company") (NASDAQ:TMC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether TMC and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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In February 2023, TMC and its wholly-owned subsidiary, Nauru Ocean Resources Inc. ("NORI"), entered into a strategic partnership with Low Carbon Royalties Inc. ("LCR"). In particular, "[t]he Company agreed with LCR to a purchase and sale agreement whereby ...