Company: TMCWW
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047372
Chunk: 121

Company: TMC the metals Co Inc.
Filing Date: 2025-05-12
Form: 424B5
Chunk 121
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-Q or our Current Reports on Form 8-K, as well as any amendments thereto, as filed with the SEC
and which are incorporated herein by reference. The information contained in this document is believed to be current as of the date of
this document. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements
to actual results or to changes in our expectations, except as required by law.

In light of these assumptions, risks and uncertainties,
the results and events discussed in the forward-looking statements contained in this prospectus or in any document incorporated herein
by reference might not occur. Investors are cautioned not to place undue reliance on the forward-looking statements, which speak only
as of the date of this prospectus or the date of the document incorporated by reference in this prospectus. We are not under any obligation,
and we expressly disclaim any obligation, to update or alter any forward-looking statements, whether as a result of new information, future
events or otherwise. All subsequent forward-looking statements attributable to us or to any person acting on our behalf are expressly
qualified in their entirety by the cautionary statements contained or referred to in this section.

<div align='center'>7

USE OF PROCEEDS</div>

Unless otherwise indicated in the applicable prospectus
supplement, we intend to use any net proceeds from our sale of securities under this prospectus for general corporate purposes. We will
have broad discretion over the use of any proceeds. Pending application of the net proceeds, we may initially invest the net proceeds
in short-term, investment-grade, interest-bearing securities or apply them to the reduction of any indebtedness.

<div align='center'>8

PLAN OF DISTRIBUTION</div>

We may offer securities under this prospectus
from time to time pursuant to underwritten public offerings, negotiated transactions, block trades or a combination of these methods or
any of the following:

| · | ordinary brokerage transactions and transactions in which the broker-dealer solicits purchasers; |

| · | block trades in which the broker-dealer will attempt to sell the shares as agent but may position and resell a portion of the block 
 as principal to facilitate the transaction;                                                                                         |

| · | purchases by a broker-dealer as principal and resale by the broker-dealer for its account; |

| · | an exchange distribution in accordance with the rules of the applicable exchange; |

| · | privately negotiated transactions; |

| · | settlement of short sales entered into after the