TMC the metal company (TMC) - 2024 Q2 - Quarterly Results

Exhibit 99.1 The Metals Company Provides Second Quarter 2024 Corporate Update NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) ("TMC" or "the Company"), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided a corporate update and financial results for the second quarter ending June 30, 2024. Q2 2024 Financial Highlights · Current liquidity available from credit facilities of approximately $48.3 million · Increased borrowing capacit ...