Company: TMCWW
Filing Date: 2025-05-29
Form Type: 8-K
Source: 0001104659-25-053875
Chunk: 0

Company: TMC the metals Co Inc.
Filing Date: 2025-05-29
Form: 8-K
Item: Item 8.01
Chunk 0
---
Item 8.01      Other Events.  

On May 28, 2025, The Metals
Company USA, LLC (“ TMC USA”), a wholly-owned subsidiary of TMC the metals company Inc. (the “ Company”), received
written notice from the National Oceanic and Atmospheric Administration (“ NOAA”) that its exploration license applications
for areas designated USA-A and USA-B have been found to be in substantial compliance with the requirements of the Deep Seabed Hard Mineral
Resources Act (30 U. S. C. §§ 1401 - 1473) (“ DSHMRA”) and NOAA’s implementing regulations under 15 C. F. R.
Part 970, Subpart B.

This determination grants
TMC USA a priority of right to receive exploration licenses for the areas covered in those applications, pursuant to 15 C. F. R. §
970.209 and 30 U. S. C. § 1413(b). NOAA also provided a list of specific items to be addressed before the applications can be deemed
in full compliance. TMC USA intends to submit the requested information in the coming days in the form of amended applications, consistent
with NOAA’s procedures under 15 C. F. R. § 970.210.

SIGNATURES