Why Shares of This EV Battery Stock Are Flying Higher Today

This metals producer is looking to the sea -- not terra firma -- to help power electric vehicles.

Published on: 2021-09-07 14:34:00

Impact on Symbol / Company: SOAC

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Shareholders of Sustainable Opportunities Acquisition Corp. Approve Business Combination at Extraordinary General Meeting

DALLAS and VANCOUVER, British Columbia, Sept. 07, 2021 (GLOBE NEWSWIRE) -- DeepGreen Metals, Inc. (DeepGreen), an explorer of lower-impact battery metals from seafloor polymetallic nodules, and Sustainable Opportunities Acquisition Corporation (NYSE: SOAC) (SOAC), a special purpose acquisition company with a dedicated ESG focus, announced today that at the SOAC extraordinary general meeting held on September 3, 2021, SOAC's shareholders approved their previously announced business combination to create TMC the metals company Inc. (“The Metals Company” or “TMC”). The transaction is expected to close as promptly as reasonably practicable, but in no event later than the third business day following the satisfaction (or waiver) of the closing conditions set forth in the Business Combination Agreement (BCA) between SOAC and DeepGreen.

Published on: 2021-09-07 09:00:00

Impact on Symbol / Company: SOAC

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Sustainable Opportunities Acquisition Corp. Announces Filing of Definitive Proxy Statement/Prospectus and Date for Extraordinary General Meeting of Shareholders Relating to Proposed Business Combination with DeepGreen Metals Inc.

DALLAS & VANCOUVER, British Columbia--(BUSINESS WIRE)--Sustainable Opportunities Acquisition Corp. (NYSE: SOAC) (“SOAC”) today announced that it filed a definitive proxy statement/prospectus (the "Proxy Statement/Prospectus") with the U.S. Securities and Exchange Commission (the "SEC") on August 13, 2021, relating to its previously announced proposed business combination (the “Business Combination”) with DeepGreen Metals Inc. (“DeepGreen”), a deep-sea minerals exploration company focused on the

Published on: 2021-08-13 16:26:00

Impact on Symbol / Company: SOAC

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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

VANCOUVER, British Columbia--(BUSINESS WIRE)--DeepGreen Metals Inc., which is expected to merge with Sustainable Opportunities Acquisition Corporation (NYSE: SOAC) and be renamed ‘TMC the metals company Inc.' (The Metals Company), today announced the mobilization of its next research campaign, Environmental Expedition 4E, which comes on the heels of the successful completion of Environmental Expedition 5D, which continued research on deep-sea food chains, biodiversity, geochemistry, and nutrien

Published on: 2021-07-08 10:00:00

Impact on Symbol / Company: SOAC

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Cobalt Miners News For The Month Of May 2021

Cobalt spot prices were lower for the month and LME cobalt inventory was about the same. EV supply chain majors pilot Re|Source, a blockchain solution for end-to-end cobalt traceability. Cobalt market news - S&P GMI forecasts the cobalt market to move into deficit from 2024. Analysts at RBC expect cobalt prices to reach $28.50/lb this year and $40/lb in 2024.

Published on: 2021-05-24 13:36:54

Impact on Symbol / Company: SOAC

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Cobalt Miners News For The Month Of April 2021

Cobalt spot prices were slightly lower for the month and LME cobalt inventory was slightly lower. Cobalt market news - President Biden's $2.25 trillion infrastructure package proposes a $174 billion investment "to win the EV market".

Published on: 2021-04-24 09:37:04

Impact on Symbol / Company: SOAC

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