Company: TMCWW
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047372
Chunk: 116

Company: TMC the metals Co Inc.
Filing Date: 2025-05-12
Form: 424B5
Chunk 116
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 as a “reserve”
unless the determination has been made that the mineralization would be economically and legally produced or extracted at the time of
the reserve determination. Inferred mineral resources have a high degree of uncertainty as to their existence and to whether they can
be economically or legally commercialized. Under the SEC Mining Rules, estimates of inferred mineral resources may not form the basis
of an economic analysis. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category.
A significant amount of exploration must be completed in order to determine whether an inferred mineral resource may be upgraded to a
higher category. Therefore, you are cautioned not to assume that all or any part of an inferred mineral resource exists, that it can be
economically or legally commercialized, or that it will ever be upgraded to a higher category. Approximately 97% of the NORI Area D resource
is categorized as measured or indicated.

Likewise, you are cautioned not to assume that
all or any part of measured or indicated mineral resources will ever be upgraded to mineral reserves.

Additional Information

For additional information related to our business
and operations, please refer to the reports incorporated herein by reference, as described under the caption “Incorporation of Documents
by Reference” on page 44 of this prospectus.

Our Corporate Information

The Company was originally known as Sustainable
Opportunities Acquisition Corp., or SOAC. On September 9, 2021, we consummated a business combination, or the Business Combination,
pursuant to the terms of the business combination agreement dated as of March 4, 2021 by and among SOAC, 1291924 B.C. Unlimited Liability
Company, an unlimited liability company existing under the laws of British Columbia, Canada, and DeepGreen Metals Inc., a company existing
under the laws of British Columbia, Canada. In connection with the Business Combination, SOAC changed its name to “TMC the metals
company Inc.” Our principal executive offices are located at 595 Howe Street, 10th Floor, Vancouver, British Columbia V6C 2T5, and
our telephone number is (574) 252-9333. TMC does not have a physical office in Vancouver, British Columbia, its directors and executive
officers work remotely in various countries around the world, and the Vancouver, British Columbia address disclosed as its principal executive
office has been provided because it is TMC’s records office required under the