FORM F-1 TABLE OF CONTENTS REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 As filed with the Securities and Exchange Commission on March 13, 2026 Registration No. 333-293837 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 2 to 1040 The Metals Royalty Company Inc. (Exact name of registrant as specified in its charter) British Columbia, Canada (State or other jurisdiction of (Primary Standard Industrial Classification Code Number) 1900 Dome Tower 333 7 Ave SW th C ...

Washington, D.C. 20549 TABLE OF CONTENTS As filed with the Securities and Exchange Commission on March 11, 2026 Registration No. 333-293837 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Amendment No. 1 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 The Metals Royalty Company Inc. (Exact name of registrant as specified in its charter) 1040 (Primary Standard Industrial Classification Code Number) 1900 Dome Tower 333 7 Ave SW th Calgary, AB, T2P 2Z1 (403) 984-1941 (Address, including zi ...

TABLE OF CONTENTS As filed with the Securities and Exchange Commission on February 27, 2026 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 The Metals Royalty Company Inc. (Exact name of registrant as specified in its charter) 1040 British Columbia, Canada (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) 1900 Dome Tower 333 7 Av ...

Core Viewpoint - Metalsource Mining Inc. has successfully closed a non-brokered private placement, raising a total of $1,020,000 to fund its exploration projects and general working capital [1]. Group 1: Offering Details - The company issued 3,400,000 units at a price of $0.30 per unit, with each unit consisting of one common share and one-half of a share purchase warrant [2]. - Each warrant allows the holder to acquire one additional common share at an exercise price of $0.40 for a period of two years from the closing date [2]. - The units are subject to a four-month and one-day hold period under Canadian securities laws, and no finders fees were paid in connection with the offering [3]. Group 2: Major Shareholder Information - Eric Sprott, through 2176423 Ontario Ltd., acquired all 3,400,000 units for a total consideration of $1,020,000 [4]. - Following the offering, Mr. Sprott now beneficially owns or controls 10,900,000 shares and 5,450,000 warrants, representing approximately 17.5% of the outstanding shares on a non-diluted basis and 24.1% on a partially-diluted basis [5]. Group 3: Use of Proceeds - The proceeds from the offering will be used to advance exploration at the Silver Hill and Byrd-Pilot projects in North Carolina, focusing on expanding Silver Hill's silver potential [8]. - Additionally, funds will support ongoing work on the Aruba manganese project in Botswana and provide general working capital [8]. Group 4: Company Overview - Metalsource Mining Inc. is engaged in the acquisition, exploration, and development of mineral property assets, with a focus on economic precious and base metal properties [9]. - The Aruba Property, located in Botswana, covers 4,663 square kilometers and is prospective for platinum group metals, gold, silver, and manganese mineralization [9].

Core Thesis - TMC The Metals Company has transitioned from a speculative venture to a credible operation, with its Clarion-Clipperton Zone (CCZ) project expected to commence production by 2026, supported by successful pilot initiatives and environmental assessments [3][4] - The company has completed pilot collection campaigns and enhanced processing technology, securing strategic funding for the next phase of development [3][5] Financial Performance - TMC reported minimal revenue in 2023 and 2024, focusing on research and pilot collection, but projections indicate potential annual revenues of $1–1.5 billion once full-scale production begins [4][9] - The stock is currently trading at approximately 8–9x forward sales, a significant increase from under 1x at the beginning of 2025, reflecting optimism regarding commercialization and the scarcity of scalable, ESG-aligned metal sources [5][9] Growth Catalysts - The global demand for electric vehicle (EV) metals is driving interest in TMC's seabed nodules, which are rich in nickel, cobalt, copper, and manganese [12] - The International Seabed Authority (ISA) is nearing the finalization of a mining code that could approve TMC's commercial license, facilitating production [12] - TMC claims that collecting seabed nodules results in up to 70% lower carbon emissions compared to terrestrial mining, providing both an ESG benefit and a cost advantage [12] - The company is pursuing long-term supply contracts with battery and EV manufacturers to ensure revenue visibility as production commences [12] - Recent capital raises and debt financing have extended TMC's cash runway, supporting enhancements to mining systems and processing capacity through 2026 [12] Market Position - TMC has evolved from a speculative penny stock into a high-stakes investment opportunity, with rapidly improving fundamentals [8][10] - If TMC successfully initiates production by 2026 and achieves projected revenues, the current stock price could be justified or seen as conservative in the long term [9][10]

Group 1 - The company, Metalsource Mining Inc., has entered into a loan agreement to borrow $50,000 at a 5% annual interest rate and will issue 25,000 warrants exercisable at $0.20 per share for a term of 2 years [1] - Metalsource Mining is focused on the acquisition, exploration, and development of mineral property assets, particularly in the Kalahari Desert region of Botswana, covering 4,663 square kilometers [2] - The company's exploration program is aimed at locating and developing economic properties for precious and base metals, including platinum group metals, gold, silver, and manganese [2]