$MSB

The Metals Royalty Company (TMCR) announced a US$165 million financing package, including a US$140 million convertible note offering and a US$25 million term loan, to fund the acquisition of an additional 1.0% royalty in the Mesabi iron ore project and repay existing debt. The transactions are expected to close on August 24, 2026, subject to conditions. The notes have an 8.00% coupon and a five-year maturity, while the loan has a 24-month term with a 12-month extension option.

Vietnam’s listed banks reported higher second-quarter 2026 net interest income versus the prior quarter, with only five banks declining. VietinBank led with a record VND20.7 trillion, first above VND20 trillion. BIDV, Vietcombank and VPBank also posted strong results. State Bank of Vietnam said system credit rose 8.38% to VND20.15 quadrillion by July 29.

MESABI TRUST (MSB) filed an SEC Form 8-K — Results of Operations and Financial Condition. Item 2.02 Results of Operations and Financial Condition. Announcement of Receipt of Quarterly Royalty Report and Royalty Payment On July 30, 2026, Mesabi Trust received the quarterly royalty report of iron ore shipments out of Silver Bay, Minnesota during the quarter ended June 3

Mesoblast (ASX: MSB) shares rose after the company said its Phase 3 MSB-DR004 trial for rexlemestrocel-L in chronic lower back pain reached its target of at least 300 treated patients. The randomized, placebo-controlled study compares an intradiscal injection vs sham and follows patients for 12 months. The update removes an execution risk and supports a regulatory catalyst timeline.

MESABI TRUST (MSB) filed an SEC Form 8-K — Results of Operations and Financial Condition. MESABI TRUST_July 14, 2026 0000065172 false 0000065172 2026-07-14 2026-07-14 ​ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest e

The Metals Royalty Company (NASDAQ:TMCR) said its Mesabi Metallics royalty asset in Nashwauk, Minnesota completed its first production blast on July 10, 2026, fracturing about 211,000 tons of ore and opening the first pit ramp. TMCR expects ore to feed DR-grade pellets under a 1.0% index-priced gross overriding royalty with a revenue floor, targeting first pellet production in H2 2026 and potential annual royalty cash flow of about $11 million at 7.28 Mtpa.

Mesoblast (ASX: MSB) shares led ASX 200 gainers, up 4.91% to A$2.35, extending a two-week 24% rally. Bell Potter upgraded to Buy with a A$4.45 target. Mesoblast said it drew US$50m from a non-dilutive facility on June 25, and reported FDA BLA progress for Ryoncil (remestemcel-L) in late June and early July.

ASX futures pointed to a 0.49% rise at the open after Wall Street ended higher, supported by AI and chip stocks. The ASX 200 rose 0.5% on Friday to 8,806, led by mining and financials. Telstra fell 1.6%, WiseTech 1.8%, while Mesoblast rose 6% on US$115m FY2026 revenue. Geopolitical Iran tensions and oil moves weighed on sentiment.

Mesoblast (ASX: MSB) shares rose 6.67% to A$2.24 after the company reported fourth-quarter net revenue of US$36 million for the three months ended 30 June 2026, above market expectations. Full-year revenue was US$115 million, driven by stronger US uptake of its Ryoncil therapy in paediatric transplant patients.

Mesabi Trust, an iron ore royalty trust, is trading below its net asset value as iron ore prices stabilize after recent volatility. The trust provides pure exposure to North American iron ore economics without operational risk, but its returns are directly tied to spot prices. European investors may find the current wider discount to NAV an attractive entry point, particularly with a long-term outlook on stable ore prices.