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EV battery maker DeepGreen to launch on NYSE in US$330-million SPAC deal

EV metal producer DeepGreen to go public in US$330-million SPAC deal Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer DeepGreen Metals Inc., a Vancouver-based producer of minerals used to make electric vehicle batteries, will become a publicly listed company after being acquired by Sustainable Opportunities Acquisition Corp. (SOAC) in a US$330-million deal. Founded in 2009, DeepGreen sources minerals known as polymetallic nodules from the ocean floor, which are used to power electric vehicle batteries. The company has exploration contracts in the Pacific Ocean’s Clarion-Clipperton Zone between Hawaii and Mexico. DeepGreen estimates its exploration zone has the potential to power 280 million electric vehicles.

Pacific oceanBritish columbiaUnited statesScott leonardGerard barronYork stock exchangeFasken martineau dumoulinKirkland ellisMetals companyDeepgreen metals incHatch ltdStikeman elliottNew york stock exchangeNomura greentech capital advisorsMetals coCitigroup inc

Deep-sea battery metal developer DeepGreen going public with SPAC to become $2 9B (equity value) The Metals Company

DeepGreen Metals Inc., a developer of lower-impact battery metals from unattached seafloor polymetallic nodules (earlier post), has entered into a definitive business combination agreement with Sustainable Opportunities Acquisition Corporation, a special purpose acquisition company (SPAC) with a dedicated ESG focus and deep operational and capital market capabilities in the energy.

Kingdom of tongaScott leonardPacific oceanGerard barronMaersk supply serviceMetals companyDeepgreen metals incInternational seabed authoritySustainable opportunities acquisition corporationDeepgreen chairmanDeepgreen metalsPrivate investmentPublic equityClarion clipperton zoneInternational seabedகிஂக்டம் ஆஃப் டோங்கா

DeepGreen, Developer of the World s Largest Estimated Resource of Battery Metals for EVs, to Combine with Sustainable Opportunities Acquisition Corporation

DeepGreen Metals Inc. and Sustainable Opportunities Acquisition Corporation DeepGreen, Developer of the World s Largest Estimated Resource of Battery Metals for EVs, to Combine with Sustainable Opportunities Acquisition Corporation Friday, March 5, 2021 10:00AM IST (4:30AM GMT) Vancouver, British Columbia, Canada & Dallas, Texas, United States: Transaction combines the first ESG-focused SPAC with a developer of the world’s largest and highest-grade estimated source of electric vehicle (EV) battery metals that are expected to be produced at low cost with dramatically reduced social and environmental impact Pro forma equity value of the combined company is expected to be approximately US$2.9 billion. Upon closing, the combined company will operate as The Metals Company and is expected to be listed under the ticker TMC

United statesUnited kingdomBritish columbiaKingdom of tongaScott leonardPacific oceanNomura greentechGerard barronMayer brownFearnley securities incInternational seabed authorityFasken martineau dumoulinKirkland ellisWhile the companyMetals companyDeepgreen metals inc

DeepGreen plans listing through merger with SPAC

DeepGreen plans listing through merger with SPAC
mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.

Scott leonardPacific oceanGerard barronMetals companyInternational seabed authorityNauru oceanஸ்காட் லியோனார்ட்பெஸிஃபிக் கடல்ஜெரார்ட் பரோன்உலோகங்கள் நிறுவனம்நாயரூ கடல்

Seafloor Miner DeepGreen plans listing through merger with SPAC - Canadian Mining Journal

Seafloor Miner DeepGreen plans listing through merger with SPAC - Canadian Mining Journal
canadianminingjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from canadianminingjournal.com Daily Mail and Mail on Sunday newspapers.

Scott leonardPacific oceanGerard barronMetals companyInternational seabed authoritySustainable opportunities acquisition corpDeepgreen metalsSustainable opportunities acquisitionNauru oceanஸ்காட் லியோனார்ட்பெஸிஃபிக் கடல்ஜெரார்ட் பரோன்உலோகங்கள் நிறுவனம்நிலையான வாய்ப்புகள் கையகப்படுத்தல் கார்ப்நிலையான வாய்ப்புகள் கையகப்படுத்தல்நாயரூ கடல்