Company: TMCWW
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047372
Chunk: 65

Company: TMC the metals Co Inc.
Filing Date: 2025-05-12
Form: 424B5
Chunk 65
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 debt securities, the subordinated debt securities and the indentures are subject to, and qualified in their entirety by
reference to, all the provisions of the indenture applicable to a particular series of debt securities.

General

Each indenture provides that debt securities
may be issued from time to time in one or more series and may be denominated and payable in foreign currencies or units based on or relating
to foreign currencies. Neither indenture limits the amount of debt securities that may be issued thereunder, and each indenture provides
that the specific terms of any series of debt securities shall be set forth in, or determined pursuant to, an authorizing resolution
and/or a supplemental indenture, if any, relating to such series.

We will describe in each prospectus supplement the following terms
relating to a series of debt securities:

| ● | the                   
 title or designation; |

| ● | the                                                                        
 aggregate principal amount and any limit on the amount that may be issued; |

| ● | the                                                                                          
 currency or units based on or relating to currencies in which debt securities of such series 
 are denominated and the currency or units in which principal or interest or both will or     
 may be payable;                                                                              |

| ● | whether                                                                                        
 we will issue the series of debt securities in global form, the terms of any global securities 
 and who the depositary will be;                                                                |

| ● | the                                                                     
 maturity date and the date or dates on which principal will be payable; |

| ● | the                                                                                        
 interest rate, which may be fixed or variable, or the method for determining the rate and  
 the date interest will begin to accrue, the date or dates interest will be payable and the 
 record dates for interest payment dates or the method for determining such dates;          |

| ● | whether                                                                                     
 or not the debt securities will be secured or unsecured, and the terms of any secured debt; |

| ● | the                                                            
 terms of the subordination of any series of subordinated debt; |

| ● | the                                             
 place or places where payments will be payable; |

| ● | our                                                                                             
 right, if any, to defer payment of interest and the maximum length of any such deferral period; |

| ● | the                                                                                         
 date, if any, after which, and the price at which, we may, at our option, redeem the series 
 of debt securities pursuant to any optional redemption provisions;                          |

| ● | the                                                                                        
 date, if any, on which,