• The Metals Royalty Company priced an issuance of 8.00% Convertible Senior Secured Second Lien Notes due 2031 totaling USD 140.04 million.
• Issue date set for Aug. 24, 2026; interest begins at 8.00% with an initial cash-pay and PIK split through Sept. 15, 2028.
• Notes convert at an initial rate of 115 common shares per USD 1,000 principal; conversion available until the scheduled trading day before maturity.
• Proceeds earmarked to repay the SAF Facility, fund part of a 1% Mesabi royalty purchase, then support general corporate purposes.
• Optional redemption allowed from Sept. 15, 2029 at 112.5% of principal, stepping down to 107.5% from Sept. 15, 2030.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Metals Royalty Company Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-101545), on August 26, 2026, and is solely responsible for the information contained therein.