Company: TMCWW
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047372
Chunk: 152

Company: TMC the metals Co Inc.
Filing Date: 2025-05-12
Form: 424B5
Chunk 152
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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 BCBCA</div>

The following is a summary of certain important
provisions of our Articles and certain related sections of the BCBCA. Please note that this is only a summary and is not intended to be
exhaustive. This summary is subject to, and is qualified in its entirety by reference to, the provisions of our Articles and the BCBCA.

Stated Objects or Purposes

The notice of articles and articles do not contain
stated objects or purposes and do not place any limitations on the business that we may carry on.

Directors

Power to vote on matters in which a director is
materially interested. Under the BCBCA, a director or senior officer of a company is liable to account to the company for any profit that
accrues to the director or senior officer under or as a result of a contract or transaction in which the director or officer holds a disclosable
interest if the contract or transaction is material to the company, the company has entered, or proposes to enter, into the contract or
transaction, and either the director or senior officer has a