Company: TMCWW
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047372
Chunk: 82

Company: TMC the metals Co Inc.
Filing Date: 2025-05-12
Form: 424B5
Chunk 82
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. Each unit will be issued so that the holder of the unit is also the holder of each security included
in the unit. Thus, the holder of a unit will have the rights and obligations of a holder of each included security. The unit agreement
under which a unit is issued may provide that the securities included in the unit may not be held or transferred separately, at any time
or at any time before a specified date.

We will describe in the applicable prospectus
supplement the terms of the series of units being offered, including:

| ● | the                                                                                          
 designation and terms of the units and of the securities comprising the units, including     
 whether and under what circumstances those securities may be held or transferred separately; |

| ● | any                                                                                
 provisions of the governing unit agreement that differ from those described below; |

| ● | the                                      
 governing law of the unit agreement; and |

| ● | any                                                                                       
 provisions for the issuance, payment, settlement, transfer or exchange of the units or of 
 the securities comprising the units.                                                      |

We may issue units in such amounts and in
such numbers of distinct series as we determine.

The provisions described
in this section, as well as those described under “Description of Common Shares and Special Shares,” “Description of
Preferred Shares,” “Description of Debt Securities” and “Description of Warrants” will apply to each unit,
as applicable, and to any common share, preferred share or warrant included in each unit, as applicable.

Unit Agent

The name and address of the unit agent for
any units we offer will be set forth in the applicable prospectus supplement.

Enforceability of Rights by Holders of Units

Each unit agent will
act solely as our agent under the applicable unit agreement and will not assume any obligation or relationship of agency or trust with
any holder of any unit. A single bank or trust company may act as unit agent for more than one series of units. A unit agent will have
no duty or responsibility in case of any default by us under the applicable unit agreement or unit, including any duty or responsibility
to initiate any proceedings at law or otherwise, or to make any demand upon us. Any holder of a unit may, without the consent of the
related unit agent or the holder of any other unit, enforce by appropriate legal action its rights as holder under any security included
in the unit.

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CERTAIN IMPORTANT PROVISIONS OF THE NOTICE OF ARTICLES AND ARTICLES AND THE BCBC