Company: TMCWW
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047372
Chunk: 2

Company: TMC the metals Co Inc.
Filing Date: 2025-05-12
Form: 424B5
Chunk 2
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ICLES AND ARTICLES AND THE BCBCA |   30 |
| OWNERSHIP AND EXCHANGE CONTROLS                                                   |   33 |
| MATERIAL U.S. FEDERAL INCOME TAX CONSIDERATIONS                                   |   35 |
| MATERIAL CANADIAN FEDERAL INCOME TAX CONSIDERATIONS                               |   42 |
| LEGAL MATTERS                                                                     |   44 |
| EXPERTS                                                                           |   44 |
| WHERE YOU CAN FIND MORE INFORMATION                                               |   44 |
| INCORPORATION OF DOCUMENTS BY REFERENCE                                           |   44 |

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Market and Industry Data

Market and other statistical
data included or incorporated by reference in this prospectus supplement were obtained from industry publications, market research and
publicly available information as well as publications and research conducted by or on our behalf. Industry publications generally state
that the information contained therein has been obtained from sources believed to be reliable, but that the accuracy and completeness
of such information is not guaranteed. Similarly, market research and publicly available information, while believed to be reliable, have
not been independently verified, and we make no representation as to the accuracy of such information.

Trademarks, Service marks and Trade Names

All service marks, trademarks
and trade names appearing in this prospectus supplement are the property of their respective owners. We do not intend our use or display
of other companies’ trade names, trademarks or service marks to imply a relationship with, or endorsement or sponsorship of us by,
these other companies. Solely for convenience, trademarks and tradenames referred to in this prospectus supplement may appear without
the or ™ symbols, but such references are not intended to indicate in any way that we will not assert, to the fullest
extent under applicable law, our rights, or that the applicable owner will not assert its rights, to these trademarks and tradenames.

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ABOUT THIS PROSPECTUS SUPPLEMENT</div>

This prospectus supplement
and the accompanying base prospectuses are part of two “shelf” registration statements on Form S-3, one of which we filed
with the U.S. Securities and Exchange Commission, or the SEC, on September 16, 2022, which was declared effective by the SEC on October 14,
2022, or the 2022 Registration Statement, and the other of which we filed with the SEC on November 30, 2023, which was declared effective
by