Company: TMCWW
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047372
Chunk: 111

Company: TMC the metals Co Inc.
Filing Date: 2025-05-12
Form: 424B5
Chunk 111
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| CERTAIN IMPORTANT PROVISIONS OF THE NOTICE OF ARTICLES 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 |

<div align='center'>ABOUT THIS PROSPECTUS</div>

This prospectus is part of a registration statement
on Form S-3 that we filed with the Securities and Exchange Commission, or the SEC, using a shelf registration process. Using this
process, we may, from time to time, sell any securities described in this prospectus in one or more offerings up to a total dollar amount
of $100,000,000. This prospectus provides a general description of the securities we may offer. Each time we sell any securities under
this prospectus, we will provide a prospectus supplement that will contain more specific information about the terms of the securities
being offered and the specific manner in which they will be offered.

This prospectus does not contain all of the information
included in the registration statement. For a more complete understanding of the offering of the securities, you should refer to the registration
statement, including its exhibits. The prospectus supplement may also add, update or change information contained or incorporated by reference
in this prospectus. However, no prospectus supplement will offer a security that is not registered and described in this prospectus at
the time of its effectiveness. This prospectus, together with the applicable prospectus supplements and the documents incorporated by
reference into this prospectus, includes all material information relating to the offering of securities under this prospectus. You should
carefully read this prospectus, the applicable prospectus supplement, the information and documents incorporated herein by reference and
the additional information under the heading “Where You Can Find More Information” before making an investment decision.

You should rely only on the information we have
provided or incorporated by reference in this prospectus or any prospectus supplement. We have not authorized anyone to provide you with
information different from that contained or incorporated by reference in this prospectus. No dealer, salesperson or other person is authorized