<SEC-DOCUMENT>0001104659-23-037158.txt : 20230327
<SEC-HEADER>0001104659-23-037158.hdr.sgml : 20230327
<ACCEPTANCE-DATETIME>20230327164602
ACCESSION NUMBER:		0001104659-23-037158
CONFORMED SUBMISSION TYPE:	S-8
PUBLIC DOCUMENT COUNT:		6
FILED AS OF DATE:		20230327
DATE AS OF CHANGE:		20230327
EFFECTIVENESS DATE:		20230327

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TMC the metals Co Inc.
		CENTRAL INDEX KEY:			0001798562
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		S-8
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-270876
		FILM NUMBER:		23765067

	BUSINESS ADDRESS:	
		STREET 1:		595 HOWE STREET
		STREET 2:		10TH FLOOR
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 2T5
		BUSINESS PHONE:		(604) 631-3115

	MAIL ADDRESS:	
		STREET 1:		595 HOWE STREET
		STREET 2:		10TH FLOOR
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 2T5

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Sustainable Opportunities Acquisition Corp.
		DATE OF NAME CHANGE:	20200102
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-8
<SEQUENCE>1
<FILENAME>tm2310193d2_s8.htm
<DESCRIPTION>FORM S-8
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>As filed with the Securities and Exchange Commission
on March&nbsp;27, 2023</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Registration No.&nbsp; 333 &ndash;</B>&#8239;&#8239;&#8239;&#8239;&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0; margin-bottom: 0; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM&nbsp;S-8</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>REGISTRATION STATEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNDER</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>THE SECURITIES ACT OF 1933</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>TMC the metals company Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact name of registrant as specified in its
charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: top; width: 49%; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>British
    Columbia, Canada</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 49%; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Not
    Applicable</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(State or other jurisdiction of</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">incorporation or organization)</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(I.R.S. Employer</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Identification No.)</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>595 Howe Street, 10th Floor</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Vancouver, British Columbia</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>V6C 2T5</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(574) 252-9333</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Address,&nbsp;Including Zip Code, of Principal
Executive Offices)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>TMC the metals company Inc. 2021 Employee Stock
Purchase Plan</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Full Title of the Plans)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Cogency Global Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>122 East 42nd Street, 18th Floor</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>New York, New York 10168</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Telephone: (800) 221-0102</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Name, address, including zip code, and telephone
number, including area code, of agent for service)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Copies to:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Michael L. Fantozzi,&nbsp;Esq.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Daniel T. Kajunski,&nbsp;Esq.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Mintz, Levin, Cohn, Ferris, Glovsky and Popeo,
P.C.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">One Financial Center</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Boston, MA 02111</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Telephone: (617) 542-6000</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company.
See the definitions of &ldquo;large accelerated filer,&rdquo; &ldquo;accelerated filer,&rdquo; &ldquo;smaller reporting company,&rdquo;
and &ldquo;emerging growth company&rdquo; in Rule&nbsp;12b-2 of the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 38%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Large
    accelerated filer</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 4%; font-size: 10pt"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#168;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 53%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accelerated
    filer</FONT></TD>
    <TD STYLE="vertical-align: top; width: 5%; font-size: 10pt"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#168;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Non-accelerated
    filer</FONT></TD>
    <TD STYLE="vertical-align: bottom; font-size: 10pt"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#120;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Smaller
    reporting company</FONT></TD>
    <TD STYLE="vertical-align: top; font-size: 10pt"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#120;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Emerging
    growth company</FONT></TD>
    <TD STYLE="vertical-align: top; font-size: 10pt"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#120;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section&nbsp;7(a)(2)(B)&nbsp;of the Securities Act. </FONT><FONT STYLE="font-family: Wingdings">&#120;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 12pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXPLANATORY NOTE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">This Registration Statement
registers additional securities of the same class as other securities for which the registration statement filed on Form&nbsp;S-8 (SEC
File No.&nbsp;333-265318) of TMC the metals company Inc. (the &ldquo;Registrant&rdquo;) is effective. The additional securities are 2,668,121
additional Common Shares of the Registrant reserved for issuance under the 2021 Employee Stock Purchase Plan as a result of the automatic
increase in the number of shares reserved under this plan on January&nbsp;1, 2023. The information contained in the Registrant&rsquo;s
registration statement on Form&nbsp;S-8 (SEC File No.&nbsp;333-265318) is hereby incorporated by reference pursuant to General Instruction
E of Form&nbsp;S-8.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PART&nbsp;II</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"><B>Item 8.</B></TD><TD><B>Exhibits.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit<BR>
    Number</B></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit&nbsp;Description</B></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Filed<BR>
    Herewith</B></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Incorporated
    by<BR>
    Reference <BR>
    herein from<BR>
    Form&nbsp;or Schedule</B></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Filing
    Date</B></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SEC
    File/<BR>
    Reg.<BR>
    Number</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><A HREF="https://www.sec.gov/Archives/edgar/data/1798562/000121390021048261/ea147253ex3-1_tmcthemet.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.1</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="https://www.sec.gov/Archives/edgar/data/1798562/000121390021048261/ea147253ex3-1_tmcthemet.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notice
    of Articles of TMC the metals company Inc.</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><A HREF="https://www.sec.gov/Archives/edgar/data/1798562/000121390021048261/ea147253ex3-1_tmcthemet.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form&nbsp;8-K<BR>
    (Exhibit&nbsp;3.1)</FONT></A></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><A HREF="https://www.sec.gov/Archives/edgar/data/1798562/000121390021048261/ea147253ex3-1_tmcthemet.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9/15/2021</FONT></A></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><A HREF="https://www.sec.gov/Archives/edgar/data/1798562/000121390021048261/ea147253ex3-1_tmcthemet.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">001-39281
    </FONT></A></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><A HREF="https://www.sec.gov/Archives/edgar/data/1798562/000121390021048261/ea147253ex3-2_tmcthemet.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.2</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="https://www.sec.gov/Archives/edgar/data/1798562/000121390021048261/ea147253ex3-2_tmcthemet.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Articles
    of TMC the metals company Inc.</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><A HREF="https://www.sec.gov/Archives/edgar/data/1798562/000121390021048261/ea147253ex3-2_tmcthemet.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form&nbsp;8-K<BR>
    (Exhibit&nbsp;3.2)</FONT></A></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><A HREF="https://www.sec.gov/Archives/edgar/data/1798562/000121390021048261/ea147253ex3-2_tmcthemet.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9/15/2021</FONT></A></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><A HREF="https://www.sec.gov/Archives/edgar/data/1798562/000121390021048261/ea147253ex3-2_tmcthemet.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">001-39281
    </FONT></A></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><A HREF="https://www.sec.gov/Archives/edgar/data/1798562/000121390021048261/ea147253ex4-1_tmcthemet.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.3</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="https://www.sec.gov/Archives/edgar/data/1798562/000121390021048261/ea147253ex4-1_tmcthemet.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">TMC
    the metals company Inc. Common Share Certificate</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><A HREF="https://www.sec.gov/Archives/edgar/data/1798562/000121390021048261/ea147253ex4-1_tmcthemet.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form&nbsp;8-K<BR>
    (Exhibit&nbsp;4.1)</FONT></A></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><A HREF="https://www.sec.gov/Archives/edgar/data/1798562/000121390021048261/ea147253ex4-1_tmcthemet.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9/15/2021</FONT></A></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><A HREF="https://www.sec.gov/Archives/edgar/data/1798562/000121390021048261/ea147253ex4-1_tmcthemet.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">001-39281
    </FONT></A></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><A HREF="tm2310193d2_ex5-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.1</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="tm2310193d2_ex5-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Opinion
    of <FONT STYLE="background-color: white">Fasken Martineau DuMoulin LLP</FONT></FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><A HREF="tm2310193d2_ex5-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">X</FONT></A></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><A HREF="tm2310193d2_ex23-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">23.1</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="tm2310193d2_ex23-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consent of Ernst&nbsp;&amp; Young LLP independent registered
    public accounting firm of TMC the metals company Inc.</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><A HREF="tm2310193d2_ex23-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">X</FONT></A></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><A HREF="tm2310193d2_ex5-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">23.2</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="tm2310193d2_ex5-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consent
    of <FONT STYLE="background-color: white">Fasken Martineau DuMoulin LLP</FONT> (included in Exhibit&nbsp;5.1)</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><A HREF="tm2310193d2_ex5-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">X</FONT></A></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><A HREF="#a_001"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">24.1</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="#a_001"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Power of Attorney (included on the
    signature page&nbsp;hereof)</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><A HREF="#a_001"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">X</FONT></A></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><A HREF="https://www.sec.gov/Archives/edgar/data/1798562/000110465922066562/tm2217188d2_ex99-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">99.1+</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="https://www.sec.gov/Archives/edgar/data/1798562/000110465922066562/tm2217188d2_ex99-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">TMC
    the metals company Inc. 2021 Employee Stock Purchase Plan</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><A HREF="https://www.sec.gov/Archives/edgar/data/1798562/000110465922066562/tm2217188d2_ex99-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Form&nbsp;S-8<BR>
    (Exhibit&nbsp;99.1)</FONT></A></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><A HREF="https://www.sec.gov/Archives/edgar/data/1798562/000110465922066562/tm2217188d2_ex99-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5/31/2022&nbsp;</FONT></A></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><A HREF="https://www.sec.gov/Archives/edgar/data/1798562/000110465922066562/tm2217188d2_ex99-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">333-265318</FONT></A></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><A HREF="tm2310193d2_ex-filingfees.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">107</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="tm2310193d2_ex-filingfees.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Filing
    Fee Table</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><A HREF="tm2310193d2_ex-filingfees.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">X</FONT></A></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">+ Denotes management contract or compensatory plan or arrangement</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><A NAME="a_001"></A><FONT STYLE="text-transform: uppercase"><B>Signatures</B></FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Pursuant
to the requirements of the Securities Act of 1933, as amended, the registrant has duly caused this registration statement on Form&nbsp;S-8
to be signed on its behalf by the undersigned, thereunto duly authorized in New York, New York on March&nbsp;27, 2023.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
  <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt"><B>TMC THE METALS COMPANY INC.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD COLSPAN="2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 50%"></TD><TD STYLE="width: 3%"><FONT STYLE="font-size: 10pt">By:</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; width: 47%"><FONT STYLE="font-size: 10pt">/s/
                                            Craig Shesky</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 47%"><FONT STYLE="font-size: 10pt">Craig Shesky</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="font: 10pt Times New Roman, Times, Serif"></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Chief Financial Officer</FONT></TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>POWER OF ATTORNEY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">Each person whose signature
appears below constitutes and appoints each of Gerard Barron and Craig Shesky, acting alone or together with another attorney-in-fact,
as his or her true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for such person and in
his or her name, place and stead, in any and all capacities, to sign any or all further amendments (including post-effective amendments)
to this registration statement (and any additional registration statement related hereto permitted by Rule&nbsp;462(b)&nbsp;promulgated
under the Securities Act (and all further amendments, including post-effective amendments, thereto)), and to file the same, with all
exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact
and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done
in and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming
all that said attorney-in-fact and agent, or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Pursuant to the requirements
of the Securities Act, this registration statement has been signed by the following persons in the capacities and on the dated indicated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 32%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid"><B>Signature
    </B></P></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; width: 32%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid"><B>Title </B></P></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 32%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid"><B>Date </B></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid">/s/ Gerard
    Barron</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief Executive Officer
    and Chairman</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">March&nbsp;27, 2023</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Gerard Barron</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(<I>Principal Executive
    Officer</I>)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid">/s/ Craig
    Shesky</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief Financial Officer</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">March&nbsp;27, 2023</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Craig Shesky</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(<I>Principal Financial
    and Accounting Officer</I>)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Andrew C. Greig</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid">/s/ Andrew
    Hall</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">March&nbsp;27, 2023</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Andrew Hall</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid">/s/ Andrei
    Karkar</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">March&nbsp;27, 2023</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Andrei Karkar</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid">/s/ Sheila
    Khama</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">March&nbsp;27, 2023</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sheila Khama</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid">/s/ Christian
    Madsbjerg</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">March&nbsp;27, 2023</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Christian Madsbjerg</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid">/s/ Kathleen
    McAllister</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">March&nbsp;27, 2023</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Kathleen McAllister</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid">/s/ Amelia
    Kinahoi Siamomua</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">March&nbsp;27, 2023</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">Amelia Kinahoi Siamomua</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 3; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>2
<FILENAME>tm2310193d2_ex5-1.htm
<DESCRIPTION>EXHIBIT 5.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; margin: 0"><B>Exhibit 5.1</B></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><IMG SRC="tm2310193d2_ex5-1img002.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><IMG SRC="tm2310193d2_ex5-1img001.jpg" ALT="">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">March&nbsp;27, 2023</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">File No.: 328015.00001</P></TD>
    <TD STYLE="width: 50%; font-size: 10pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 0.1in">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">TMC the metals company Inc.<BR>
    595 Howe Street, 10th Floor</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Vancouver, British Columbia</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">V6C 2T5</P></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0.1in; font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dear Sirs/Mesdames:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"><B>Re:</B></TD><TD><B>TMC the metals company Inc. &ndash; Registration Statement on Form&nbsp;S-8</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We have acted as Canadian counsel to TMC the metals
company Inc., a corporation continued under the laws of the Province of British Columbia (the &ldquo;<B>Corporation</B>&rdquo;), in connection
with the filing of a registration statement on Form&nbsp;S-8 (as may be amended, the &ldquo;<B>Registration Statement</B>&rdquo;), with
the Securities and Exchange Commission (the &ldquo;<B>Commission</B>&rdquo;) under the Securities Act of 1933, as amended (the &ldquo;<B>Act</B>&rdquo;).
The Registration Statement relates to registering the issuance of an additional aggregate of 2,668,121 common shares without par value
in the capital of the Corporation (the &ldquo;<B>2023 ESPP Shares</B>&rdquo;) issuable upon exercise of the option awards (the &ldquo;<B>2023
ESPP Options</B>&rdquo;) outstanding under and in accordance with the terms of the 2021 Employee Stock Purchase Plan of the Corporation
(the &ldquo;<B>ESPP</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"><B>A.</B></TD><TD STYLE="text-align: justify"><B><U>Documents Reviewed and Reliance</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As Canadian counsel to the Corporation, we have
examined original executed or electronically delivered copies, which have been certified or otherwise identified to our satisfaction,
of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">1.</TD><TD STYLE="text-align: justify">the ESPP; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.</TD><TD STYLE="text-align: justify">the Registration Statement.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We have also made such investigations and examined
originals or copies, certified or otherwise identified to our satisfaction, of such certificates of public officials and of such other
certificates, documents and records as we considered necessary or relevant for purposes of the opinions expressed below, including:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">1.</TD><TD STYLE="text-align: justify">a certificate of good standing dated March&nbsp;27,
2023 issued pursuant to the <I>Business Corporations Act</I> (British Columbia) relating to the Corporation; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.</TD><TD STYLE="text-align: justify">a certificate signed by the Chief Financial Officer of the Corporation dated as of the date hereof
                                                              addressed to our firm, containing certain additional corporate information of a factual nature and attaching the constating
                                                              documents of the Corporation, including the certificate of continuation, notice of articles and articles of the Corporation (the
                                                              &ldquo;<B>Constating Documents</B>&rdquo;), and the resolutions of the directors of the Corporation authorizing and approving the
                                                              issuance of the 2023 ESPP Shares (the &ldquo;<B>Officer&rsquo;s Certificate</B>&rdquo;).</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As to various questions of fact material to the
opinions provided herein, we have relied upon the Officer&rsquo;s Certificate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><IMG SRC="tm2310193d2_ex5-1img002.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"><B>B.</B></TD><TD STYLE="text-align: justify"><B><U>Laws Addressed</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We are qualified to practice law in the Province
of British Columbia and our opinion herein is restricted to the laws of the Province of British Columbia and the federal laws of Canada
applicable therein. We assume no obligation to update these opinions to take into account any changes in such laws or facts after the
date hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"><B>C.</B></TD><TD STYLE="text-align: justify"><B><U>Assumptions</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the purposes of the opinions expressed herein,
we have assumed, without independent investigation, the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">1.</TD><TD STYLE="text-align: justify">with respect to all documents examined by us, the genuineness of all signatures, the authenticity, completeness
and accuracy of all documents submitted to us as originals, the conformity to originals of all documents submitted to us as certified,
conformed, telecopied, PDF or photocopied copies of originals and the legal capacity of individuals signing any documents;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.</TD><TD STYLE="text-align: justify">the completeness, accuracy and currency of the indices and filing systems maintained at the public offices
where we have searched or made relevant inquiries and of other documents and certificates supplied by public officials;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">3.</TD><TD STYLE="text-align: justify">that the Officer&rsquo;s Certificate continues to be accurate on the date hereof;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">4.</TD><TD STYLE="text-align: justify">that the minute books and corporate records of the Corporation made available to us are the original minute
books and records of the Corporation and contain all of the articles and constating documents of the Corporation and any amendments thereto
and all of the respective minutes, or copies thereof, of all proceedings of the shareholders and directors;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.</TD><TD STYLE="text-align: justify">each of the ESPP and the 2023 ESPP Options constitutes a legal, valid and binding obligation of the Corporation
and the other parties thereto, enforceable against each of the parties thereto in accordance with its terms and the execution and delivery
thereof was duly authorized by the parties thereto; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">6.</TD><TD STYLE="text-align: justify">that if any obligation under any document is required to be performed in a jurisdiction outside of the
Province of British Columbia, the performance of that obligation will not be illegal under the laws of that jurisdiction.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence -->&nbsp;</FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><IMG SRC="tm2310193d2_ex5-1img002.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"><B>D.</B></TD><TD STYLE="text-align: justify"><B><U>Reliance</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the purposes of expressing the opinions set
forth herein, in connection with certain factual matters pertaining to this opinion, we have relied exclusively and without independent
investigation upon the Officer&rsquo;s Certificate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"><B>E.</B></TD><TD STYLE="text-align: justify"><B><U>Opinions</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Based upon and relying on the foregoing and the
qualifications hereinafter expressed, we are of the opinion that the 2023 ESPP Shares when issued in accordance with the terms of the
ESPP will be validly issued, fully paid and non-assessable common shares in the capital of the Corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"><B>F.</B></TD><TD STYLE="text-align: justify"><B><U>Qualifications</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Whenever our opinion refers to securities of the
Corporation, whether issued or to be issued, as being &ldquo;fully-paid and non-assessable&rdquo;, such phrase means that the holders
of such securities will not, after the issuance to them of such securities, be liable to pay further amounts to the Corporation in respect
of the issue price payable for such securities, and no opinion is expressed as to the adequacy of any consideration received by the Corporation
therefor or as to the actual receipt by the Corporation of any consideration for the issuance of such securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For greater certainty, a specific assumption,
limitation or qualification in this opinion is not to be interpreted to restrict the generality of any other assumption, limitation or
qualification expressed in general terms in this opinion that includes the subject matter of the specific assumption, limitation or qualification.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We hereby consent to the filing of this opinion
as an exhibit to the Registration Statement. In giving this consent, we do not thereby admit that we are included in the category of persons
whose consent is required under Section&nbsp;7 or Section&nbsp;11 of the Act or the rules&nbsp;and regulations of the Commission promulgated
thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The opinions herein are given as at the date hereof
and we disclaim any obligation or undertaking to advise any person of any change in law or fact that may come to our attention after the
date hereof. Our opinions do not take into account any proposed rules, policies or legislative changes that may come into force following
the date hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Yours truly,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>/s/</B> <B>Fasken Martineau DuMoulin LLP</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 3; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence -->&nbsp;</FONT></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>3
<FILENAME>tm2310193d2_ex23-1.htm
<DESCRIPTION>EXHIBIT 23.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: right">Exhibit 23.1</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B></B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Consent of Independent Registered Public Accounting
Firm</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We consent to the incorporation by reference in this Registration Statement
on Form S-8 pertaining to the 2021 Employee Stock Purchase Plan of our report dated March 27, 2023 with respect to the consolidated financial
statements of TMC the metals company Inc., included in its Annual Report (Form 10-K) for the year ended December 31, 2022, filed with
the Securities and Exchange Commission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">/s/ Ernst &amp; Young LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Chartered Professional Accountants</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Vancouver, Canada</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">March 27, 2023</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-FILING FEES
<SEQUENCE>4
<FILENAME>tm2310193d2_ex-filingfees.htm
<DESCRIPTION>EX-FILING FEES
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit&nbsp;107</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Calculation of Filing Fee Table</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>Form&nbsp;S-8</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Form&nbsp;Type)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>TMC the metal company Inc.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact Name of Registrant as Specified in
its Charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Table 1: Newly Registered</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 8pt">Security
    <BR> Type</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; white-space: nowrap"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 8pt">Security<BR>
    Class<BR> Title</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; white-space: nowrap"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 8pt">Fee
    <BR> Calculation <BR> Rule</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; white-space: nowrap"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 8pt">Amount
    <BR> Registered (1)</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; white-space: nowrap"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; white-space: nowrap"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 8pt">Proposed
    <BR> Maximum <BR> Offering <BR> Price Per<BR> Unit</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; white-space: nowrap"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; white-space: nowrap"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 8pt">Maximum<BR>

    Aggregate <BR> Offering Price</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; white-space: nowrap"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; white-space: nowrap"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 8pt">Fee
    Rate</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; white-space: nowrap"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; white-space: nowrap"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 8pt">Amount
    of<BR> Registration <BR>
Fee</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; white-space: nowrap"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 12%; text-align: center"><FONT STYLE="font-size: 8pt">Equity</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 12%"><FONT STYLE="font-size: 8pt">Common Shares
    without par value</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 12%; text-align: center"><FONT STYLE="font-size: 8pt">457(c)&nbsp;and
    457(h)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right"><FONT STYLE="font-size: 8pt">2,668,121</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><FONT STYLE="font-size: 8pt">(2)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right"><FONT STYLE="font-size: 8pt">0.82</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><FONT STYLE="font-size: 8pt">(3)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right"><FONT STYLE="font-size: 8pt">2,187,859.22</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right"><FONT STYLE="font-size: 8pt">0.00011020</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; width: 9%; font: 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-size: 8pt">241.10</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="13" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 8pt">Total
    Offering Amounts</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-size: 8pt">2,187,859.22</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-size: 8pt">241.10</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="20" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 8pt">Total
    Fee Offsets</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-size: 8pt">&mdash;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="21" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 8pt">Net
    Fee Due</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-size: 8pt">241.10</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25px"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 25px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">(1)</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Represents
    common shares, without par value (&ldquo;Common Shares&rdquo;) that may be issued under the TMC the metals company Inc. 2021 Employee
    Stock Purchase Plan (the &ldquo;Plan&rdquo;). Pursuant to Rule&nbsp;416(a)&nbsp;under the Securities Act of 1933, as amended (the
    &ldquo;Securities Act&rdquo;), this registration statement shall also cover any additional Common Shares that become issuable under
    the Plan as a result of any stock dividend, stock split, recapitalization or similar transaction effected without the Registrant&rsquo;s
    receipt of consideration which would increase the number of outstanding Common Shares. </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">(2)</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Represents
    the number of additional Common Shares reserved for issuance under the Plan as a result of the automatic increase in the number of
    shares reserved under the Plan on January&nbsp;1, 2023. </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">(3)</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Estimated
    solely for the purpose of calculating the amount of the registration fee pursuant to Rule&nbsp;457(c)&nbsp;and Rule&nbsp;457(h)&nbsp;promulgated
    under the Securities Act on the basis of the average of the high and the low price of Registrant&rsquo;s Common Shares as reported
    on the Nasdaq Stock Market LLC on March&nbsp;20, 2023. </FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>tm2310193d2_ex5-1img001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm2310193d2_ex5-1img001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  $! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_
MVP!# 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_P  1" !> RX# 2(  A$! Q$!_\0
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ME^"(?$5ZMC'<6?V74=/GDN8XVF%J2)8B[?*0#Z:\&_MN^'?&GBW0?$VE>+/
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M&IM?)$?$GQ1.G_VK#X*@M6MK:>'7YM*$>HPP2V\*36LZW$4;P21.WX9^ ?\
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MD:RN8]6T/7SI0EBNH;"ZNTNI%EC)@H ^@_#O[1WPM\9:'XM\2>'O'_A^70/
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M\87'B76=4U/6M"NM"L+Z+1K'2M*FT?PUJL_D:QXFTZ[U"^O;B\EEDAN5R$H
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M(T>U&) /:S:GI4,B1R7,%LT\L48:\E6WFQ<OB.%8IMDW^DRJRVX12&VD%U(
MK^<CX,_#[XF_#;QG\"/AE\1?!WQB\&_L,:)\(_C;+XMTS1]$\5PS67[4O_"W
M]8O/":ZTEG:S>)0MYX2D>[\,SQQ-X7O-3ETGRKIKF2*-OHW]F?X8?M$_$SXI
M?"J^_:6_X6=9:)X8T7XF>(/!=K=:AJ&B?VEH%MXSC_X5 GQ&15M;B+Q*GAZ*
M-IM$U2.#4(YWN4O8%D#  '[36^JZ7=W=[86]Y;7][930VFI06TWG264\B%XT
MO456DLT:/]X%= JL4^8DXK;33)$C@1;D@PF8[]@+L6W"++<'@$>=Q^];<QQD
M8_(O]C?3_B1X=_:=^)VF7VC>/]9\*Z_:^,]4U7QIXRL?%^GW5IXBC\>ZG+IN
M@^(8M8T^RT"#S=*F\KPT/#\U\;G0[.SO79;6>*:3]?TO(V4G:>':- K(YE\L
MA96C"LQ*Q-E7SAE96!&,$@#$LY/*"RRK)-L$;LJ;(BI<E]L8/R%E)&000>>O
M-*]GERT;J@RI4%=VT_,)2#G),BE1D],?2KP.1D=#R** *9M6+%A( !\JKC@(
MS R \@;B!PPY!R1C-1?86S(3(AWN''[L!EQ%MV[U(8@R_O#GJ,J1WK1HH HB
MS) \V0.RQE1\H$9<])"G(WJ -C Y4DGFEM[5H92S2*Z(K);H$VF-7*E][!L2
M,Q4')'!SC&35VB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** .?
M\0:E%I%E=ZC/;SW-O:65S=RV]I%YUS<+9P2W+11Q\!Y&6,K#'N_>2,!QBOF+
MQE^UM\!_ W[/NG_M2^+/&3:)\))#I,8U:33;RYEO;_Q+K4'A;2-*BTRSBGNA
MK5WXDF@T.W!5<7+R1NZQ,\B_5=VJM(\;(CB=$BD5^K1-YB2",/B-G*L5(!X5
MP6(&*_"_PG^SW\0?%_QTU+]BOXQ_#[7=<_9<\#_%+7/VGO!4W]C:BWP[N/ %
MB\>G_#[X5ZMXE:W@T^]\3V/Q US5/B F@I=2S+%H-I>),\<#1@ _:/1/%/A_
M5H[4VMVUM?7VD66OS>'=0=(=:TRPN[.*[B%]IJL\]C);&6*.Y!#^3,60L2":
MOV>L:3K,LL.F:C9WTUM'!,PLKD7312W)/D3SK$OSP'&Y79@"592N 0?P;TZY
M^.%U^U1X%U?0/"_B?2AXA^(_[1>B?$2&P@^(=YJ5AX"MO@;\69?!T'B9M3TI
M?"6CV]QXVL/"$FB066J->2W<^F);1-',V/*?@3X _:U^&'@O_@G#JG@32?C3
M'XY^)/@G]HS3OVB)/%JZU?0VVJ:-\._%]_\ "X^/H;Q)5\.G_A*CIT.DR%(6
MNIC;P /D"@#^CZSUC2M6N;JQM+VSU"6P;R-0M;21+B6VE"D&.YA;#0EV#B)B
M"K89CC!K(C\2Z%?/J,5IK%K*-)N3]O2UF$L^G(ZYEAU-AQI]SDAHTG972,-N
M" -C\B_A]%J=M\,O$E[\$+#XZ77[5M]^SMXXDUF/Q%8>((-!A^*:^'[>:TL_
M%7_"00V>DVNN/KS7$?AI-,>>)Y!*DDBJ$W>>?%'P[J$OP[UZ+]CS2?CQK'BW
MQ'^SC\5=3^+&GZUI'Q"L=<U+Q=I_AO1Y/!UKJJZ[I=M)!\0]4U5=8MK/2M'
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MAS]HCXTWOB?P1;Z)\:/B9X/^!/CZP\7WVD0W&L>(M&B^"_@O0O'-^^MJC/\
M:3X[6ZL=5BDD\VYN1-.-^=Q /U6MI'C,R^?#$J*S);HD:F:W1R"\$!8;H@BD
M>=M;>58DXQ2I-!<S26F)8WBMTFMOLP,(,$\D9DV.K%I!YL>)710J[MIY;%?A
M'\;]>UC5_P!I5[G3O!\NG?$'2/VM_P!GKP]'J3ZIXS/C<?#&/QAX5TWQ2FEC
M3;E=#MOA9KVC'4WO]#N9197L=QJDNH6$ES<3/)B_ _X1^+/ >C?L;_&#3I?B
M3??$W7OV\?C?H/Q"O[SQ;XHOC;_"G7;+]H.:W\)W]A/JDEI_P@$>KZ3X-U:V
MT'RCI5IJ"6][;6D=SER ?LS\8_C+IWP?TG3-7U'1[S7)=4\=^"/ @MK.[M[1
MH;GQ[XAL]"L]3WN)%W:9]L^TSQ[!/+'#B-P\F1^>O_!0K_@I]XP_80\::!X>
MTW]B/]H+]HCPYJ^G:3=77Q ^&FVV\*:7JVL:]#X=TK0-0NI]+O8?[8U'4;JR
MAMHC,KW4UU#'$K/(H;YC\0>&_"VK'X!6MIX7\=W7[36D_M>Z3KGQDUJ9+Z:\
MO?""_$+7Y@OC#4KB\>*_\%VUG-X?F\'6T7GMID4-FMM;VD3W2G]+O^"ANDZO
MX@_9KU;3M L;K4]5;XR?LT:A#';,Y$]CHO[2_P ,-2U1Y;=&5"FFV-E<R22,
MK,\$!93U! +_ .Q=^U'XL_:S^#\OQ5\:?L[_ !2_9?U6S\;:UX9'P^^+L#6_
MBV>WTFWTR:W\0P*;/3V71]1?4)((F,)!%G<,9&P0/LF(JN^1;F (LLB1PIY+
M3VL\F3*QD1C(9[EMSR)(%<%FW D5\)Z_X%N[[]KGXL?%K5=.\3:G/X%^ GA.
MU\!Z#%K%T=!GUS5+GQ)+JTNEZ6;H:,?$5Q#9V5E'JT]F+RUBD2.*Y49%?C;J
M4/QIUOPY\3K/]GB+Q'X>@U3]F'2/^$RU;X->(/&]IXQUGQ='\0?#<FNW^KZE
MX@O;0ZO\88M"&I6M]KEG<F]N8WU5?[5<3?O #^@?5_C/!9_M!:1\$5\/ZA>:
MCKW@*7Q=#XDMM3A_LNRL[6[O+=K&73@C2&[:>SD#744@C9&"%=P:O<T:.%6B
M\VV 1V4FT/\ %*9'E#%"5B)DW/C@IM^89 S_ #)>.?!'B_\ X6?XX\4_L<:!
M\8M%EC_8JT;PW9IJFJZU::-_PGEEXD7_ (36YT$7&KW-]I7CZ;1O[2?Q!J6D
MBSNKK6&O[TWLNH7#W#_:W[%?ASQEJ^O?'>3X/^)8?"^CZG\'_A?I%G9QW_Q
MUW2=(^+&D:MXQ?5_$VIKX\N;Q)_B%J6EW>FVWQ$O8(I;N]6UT*XO+[4)6!A
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MS/)9LR2P.CSR+&T3VX,<Z;DF=BQB1)$2-K5U&]"S\# KR&Q^+FG_ /#06O?
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MMK@;XW#M\Y_\%#=%\7?'/]GCPS^SA\"[2"36/V@M<\/Z/I^MBZO=*T/P_P"
M- AM/%E]J]Y<V7E7-C#]FM=)TV*"-1),M[)$^4#J?BSQS8_M??"3Q1^T!\,=
M0\ Z1X?\"_'?PCX1\8^#[+X.:A=I:Z3JO@[5/!?AOXKV%O?%=.NM*EO_ (5Z
M2?[)L;":".>Y$EO J2N7< _H&AU6T++!OP_F&WC)=76XF1(GD2"121,T8DP^
MWD,CJP!4U/\ VA;&/S5<2)YB1,8F27;([;?+8HQ"NA^^I(9<C(&17X-:19Z-
M_P )+\?/#_[(4/C?PU8ZG^QO)'X<T2]O/$.DP)XGAUF[TCQ%KOAZPDOY18>/
MKR)9(M8U:$6VJ:EXA@BN'OYG5[D><6>F^(/$?PX^*-I\$M8A\,Z')\*?!?AG
MQ=9?!V_\:64>H>.)M;M8CJ6I76MS67V#QO<::NMVOB'6M*4:W=-.LUYJ%R]M
M;,@!_07XA\=>&/">EZGKWB?6]+\.^'](7S-0UW6[^VT[2;:(??FDOKB5(%CB
M/$C,Z[#@'GBM2U\0:5>0VUQ;7MI<VU[:P7EC=6MQ#/;7MM=*KVTEK*CE9UG1
MA)&T>Y60A@<&OY\?VJOV5;31?AU^U/X"\*^ M7UKP-XX_9N\)>,;SP;?7FI>
M)-#NOB%X/O/"D*2:!H.KWES8:=JM[;W>KW^L7-A':7&I:INO[M[B[ D&G>Z)
M)X6^//P)\0>#?"NNZ[#=>%/V=M*\)>$HE\0>%IOA_P"'TA\/6&N7/P[U'2;N
M'23I-JT>H77C3PS?K;6%]9RZO!=V]Y#*T<H!_0E'*DA<*<E" P[@D9P?0U)6
M-IL:1W-_Y<!BC9XC&#$D00!2KQ@)P 9 TN.F9"P^]6S0 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% &5>RQ)*RMY?F+;-+&)& ;:'"N\)/W0@(\
MUATW)GKD?C/\6/\ @K5IGPX^.<WPY\-?LT?$[XF_"ZVU1?#_ (C_ &C_  ?J
M=E?_  =\%RVEQ<PWD?B+5183V.EW-N8W6_26\1X@8PP#<#]??&>E7NMZ!KND
MV%Q+9W>IZ-J&G6MY;2-%<6L]Y8W=O#<[D*MBWGDCEC(;*R*&&"%(_*[X1?M+
M>'/@U\"K/X*^._@_\2KOXE^#%U3PS=?#;2_"MM?1>,K\3W\/]JZ3JB7*6FK:
M'K$LL%SJFK7+1S1_;YQ/%*(VW 'ZAZ)K^E:UIMGKVE7EI>:9KVG6&HZ+/97,
M,^G:G8:AIZ7%C?:9/$=E[:7=JZ-'-%N1BZD':>-2(VD8EABN$FGCCP$EN-UX
M^X[G@*D^8"I+>6BJ=A()QG%?S]_$?Q!KM[\>M&M[#P1:>!?B=;_&+]D:;1](
M_MSQ>/%WA#P _C7P!8>/;;X<V.ERKX2T_P "6/AZ^UK2/'%LGV.'7K%M9@O[
M.]2Z=9/8M9^"VH._Q#^-+Z/XPE^+&F_\%)?AO9>%O$H\4>((M2T3X3ZA\:_A
MIH7B>RT 0ZD$TSP7JWA&YUT:QHMI'#IVH6\]Z;FV<RR[P#]J8Y!-,;>UNXVD
MM<1J4DB\W.S;))<+]Z4PN""",,Q.3DYKR+XM?$S3_AQJWPHTB32)-4N_BS\5
MM(^&"SZ9=06D^A7VK^'?$VO0:YJD95I)[:*W\.O:F%0D_G75O*C@1D'\!8_'
M?QDG_:&L]2\)Z+XQT#XCI^V/KW@_7M6US6-=U+Q[+\)KKQ&]G:V'B-&N;CPM
M!\+=9LXXI_!]I&\UW:0"X<VUK<%R_M'PF\-:/<:O^PQ%)X>\;2_M6^&?CMIF
MO?M0ZS>&^6ZU/6YO OQ"_P"$MG\7ZO/>/!K'A^/Q->Q0> OM'VB*RT=K,:9;
MZ=;*($ /WAD-I#<I$+J/[781Q0@;HY93!(4%T\JDDR.Y4>9*X$@#ER6(S6J;
M.[6."*)_,"DEYGGD+;9'>3<K??<JNU%#$+L( &T8K^=SX-ZS\2=2_P""A'PD
M\0>'_#7BK0=,OO&7[0OA[XQS6WBWQU.^HM9>-=>M_#0^)UGJ&I-X:UC44TV"
MR;P6ZP7ITCPU)86>G2V5O&MLG]'PZ#C' X]/:@#'>TN68-DJ$C"1;&V;'4,3
M)L "8<^6I48X#9X.*I)H%G#J,^L0:?:P:M>?9OMVHP00Q7EVD$211P7,Z())
MH(Q&I$;,5^55''3IJ* ,-[.Y,B.D<2JT[33,3MN4.<1K$Z##( !YBO\ >3:H
M]A;*Z7[3(7=FDE298@X4!D14>*,X*)#,5#N-O+CD'C.Y10!BFSG3:845&6YD
ME#,1(5W %W0.-BF50T!P,JLK,,XP;)CG6,^7$N3^\\O=M 8 _NUPN!YC\N_0
MJ3D=AHT4 4A;L&)18U5QEE;)"$<JJ*,  , 3ZCC%9-U8ZC</:2,X$L#PN\<$
M\D-I),RL)GD&#+/;1@_);R'EB&!!7GHZ* ,-+"[BMOLYF,P_> >8[2$!W)!D
M9\F8(#PK@  ;!D 5*UE*J*.&,>Q(_((MU"85G;RU!13O4X"@#:P7H*UZ* ,-
M].GEF:;S'@F/EOYD4K"-C@H8G0X=DC4*RJ3M#R2,H!+9LQ6LVW$Q5B2<89B$
MCQM"C=_&5)+GD,3C&*TZ* ,YXKA ?+4.2V%!8+L5W"D[B"<(A)*#AN<8J&>S
ME=3,B;;EO+C8HX0"([589QEEB4LZC@AA\O/-:]% &99PW23/),$167!C0#8&
M7 #( !M#<D_Q$GYLXJW=1>?!)$,@N  0<%3GAP>H*G##&#D9%6** ,6.UN;<
MJZI%*Y<AR%568! /.E<Y+R.456QS@AN<&FQ::X$2M!9Q>2K%# K*(7:0N%@7
MH@<C,Q_C8YQ6Y10!FK:7,8*K=';@+&HC4"-5'1AG]ZS$8\Q^1GZ$(UK*4^41
MJV\-N9?-<AE ;<&^4OG*YZ!  .G&G10!D2VUS(%7;'^]F$EPS!2'6,(NUEP<
M>:$P=O08!!YJ+^S,Q#>@DG1S+'<9*7",ID\M4D'**D<CQ\'E7P1@X&Y10!F0
MVLS1K'<GS%,CR$,Y=0ORF.-PPP2I^]@;<@E0,D59A1T<DH@#+ABO &S"1J!Z
M;!ZX]O2U10 4444 %%%% !1110 4444 %%%% $%R"8)=H4LJ%DW $!U^9#@\
M9# $9[BOS4_X*:_M[Z?_ ,$U_P!GS3?C?/\ !OQE\<Y?$/Q)\+?#O1? ?@+4
M[/3_ !7JOB7QA/+;Z:+!+VUNQJ$LUU&(([&&)IIV=57)-?I;/_J9!W*D >I/
M  ]R3@5^&7_!=KX9^/?C1\ _V8?!?PNU#6]'\4S_ +<W[.]Q%XK\.6<-]JO@
MF"P\5C[7XNM[6ZQ;ROX>WK?A9SY3-$H;(S0![G_P3>_X*,^,?V_;/XG_ /"8
M_L9_'7]D1OAUJ>GZ5:0_&*,6\_BU;WS3/>>'2NEZ:9+"T>()/.!)&)'6/(R"
M?TVNI8+:.:>[O((K.W80R/?NB10.]P566621E4)*LBPHS$$EAUR!7R-^R-^S
M1\:OV?K'Q]8?&3]J7Q_^U+<>*+_3;W1]4^(.CZ5ITWAJTM+)K:YTRQBT]I$>
M"\NG&HS X59D P<UQ'_!1/\ 9[^.?[0O[-^K?#_X)_$#4?!7BR:[T*>]BL]/
MT6X7QK96'B#1[L:;J5UJ,3'1XM/:WDUJ*6P*2R2VT=KNVN0 "O\ M*_MX^!_
MV<OVD_V6/V;I?"&H>-/$G[2'CBV\$BY\.>)M.MX_AB-7L=2OM"USQ;H<L$MS
M/8:R-&U2+1S$\#7(TZ[6$LMM)7U9\;OB[X1^!OPV\3_%#Q7J>FVNF:+;+9P?
MVEJ=MI4>I:O,VS3]$TR[NLPC5-=O3#8:=#AWN;YX(45FXK\H/VD/@C\8O#VJ
M_P#!+;PWXP\7:G\;_%_@C]LG2]9^(/Q(N]!TK3;]_#<O@_QS'96]W#9Q116]
MCH$=Q!H]O/"?/E\HW4P\ZZE=O?\ _@H]\*_$OCGPW^S?J<]YX[C\ ?#7X]S>
M)?BJOPZO]2LO$VH>#)_A]XPT*SB*Z9?:?+-8Q:_J>D3WWDW(-O!;F[@4W$*F
M@!_PM_X*%ZQX^_9D^)W[1'Q$_9:^*_P3G^'$%S9:#\+OB;/#I7B;XEZA<WTF
MGZ'I/AO[786L-Q?>*;VWLH-$06]P]S)J,"0I(6KK?V)?V\-,_:TT7Q+'XE^%
MOBG]FSXK^'+J[\WX%?$_5+.#XB7GA**2V@M/&UKX;\BRO%T*\N[NU@M=26T>
MWG:15$JF55/PEX7TSXPZ;;^._&6B>'OB9\2OV1_A)\?O@K\3O@YHGCGQ+KOC
M/XAZKHL(\2Z=\5CIW_"7ZEJ>KW>F>!]5U+1]?\,6%_J;++!IP2PCM94C Z3X
MH^'_ (N?M>_M>'X[?LO^#D\*6'@#]E?XC?#C3?C9XHCN?#6M:AX_\8M/#I?@
M.*W3S)Y]$TJ/5CXAN[F4M';ZYHT44"-(L<P /TU^''[4'A[XF?M#?&7]G_P]
MHB^;\%_#_@;7;[QHFJ6FHZ3X@?QC-J<%WI-A%:IYD%_HUUIDEOJ$TLKC[2QB
M9$>-A6-^V?\ M16W[)?P<D\?6WPZ\4?&;QK>WT.D^#?@WX$U"%?B)X[OKB99
M=2MO#%F\%S-J3:59)]MNUM[:4Q6B,[;5Q7RY^R9\+/BC\)/VB]8\'GX->!OA
MUX(T;]F_P1HFIZYX>UR34KK5_$%MXU\57\^K7]P;=&UOQ)K,EW/J.N7NHRSW
M4\\R3W%Q+)(S5E_ML?"VQU;]K#]G[XJ?%>X^(L/P#T'X;?$3PMJ4GP_UC7O#
M>KZ%\0-7DT6XTJXO==\+:II7B"PTC6M.M;JT:VL;O[%=W]A:_:X-\-M(H!R_
MQ8_X*E?$7X8?LT_ _P#:-A_X)\?M*^)-7^+MUXL_X27X8:3I^/&GP=TSP=/>
MQPZEX\F?2'6PTO5H;5+W3Y)+>VC-I<;\NA8MQWPX_P""R.D_$7X ? /]H:7]
MESXD:-=?'GXQ:1\-=.^'^L:UID_BSP;H5_XRT?P*_P 4;Q)--C2;P8NJ:V+5
MI[2*%#/;3VWG&5E UX+C5C^Q)8?"KX^0?'6;X??%/Q+\2M/T'XMMJVJZI\3/
M#'PQ\.^.)_$7PMTWXC7O]L#Q+JL^LZ5:VVCVDEUJE^^HZ7!!#KLLWV^Y1K5M
MIWQM\6?L"6NB_$(>)O$_BG0_V@_@Q8^"?&'B3PUH.@^._%_PSTOXT_#O5[+6
M=>\-Z0BZ?H4D5M#JEH]M;R,?[/TV&_D)N)30!^@'[5_QQ\0?LU_!OQ#\5]"^
M#7C[X\Z[H>JZ?&WP\^&H>Z\4ZK%=3M&;ZP/V6[>/3M/0,;FU,#)'$Y!92>?S
M)^ O_!9V+X]^&_VD]4U_]C3XW_!O7O@)I?A>*/P-XKU&PM_%WC_QEXHFB30?
M 7AVP32K>6V\9W^9)-(T]TGNKZVCE>"$+FOUK_:(\=:Q\-OAY>^)=(\%>,/'
M3+JNEV.HZ1X,U :=J^EZ5=77DWNNV[&YMENX-%MGDO9[$.'OXT$9#' 'XK_#
M#XK77[(/@?XIOX+TKQC\<_@!H6N^#?\ A4EO\1?#$&GR^'?BCXEUCS]5UW_A
M(;C[?X@U[2_ME[K.N:SKU]<3ZCI$T:6FG*(WP #Z43_@J1XF/[)FH_M':1^Q
M5\>M<^(7AKX@6W@#QG^S%I\T5S\7O!,DWV'4K#5O$^G#2VFTNRU#1]8M?$$
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MK*01U!7/OD#,45K:K8K8K96ZZ<(UMHK:*VC6W2T1=B6IM2FQ84C C\K9L"#
M &,;%% ')6?A7P]IJ75KI>A:-IT5T[B6.RTBRMX)HI_FN8;J..!4E%P\DSRE
ME)8R,6)+9ILWA3PQ-%9V\GAC1)K73I?-TVVFTK3VALYCER;"-[<K:,'!DW1A
M 7D=LDDFNOHH YB[T/3)EO4GTJPG_M.)(-06YM8)AJ5N%VI;7RF-DN(XBPCC
M$P98XRRH5'1UOI%A:W45\FFV,=VEH-/%VEE;QWD=I&5,=C;7$48>.T5TCD2
M,(E9 0,C%=+10!RLNA:0+Z74WTC3KC69'B;^TWTRR^V*;<[K5)+S[/YQ*'&Q
MO,+1DY1U)XL6NF6$"V\,.F00V\$LM[9P1P01+;W,K2>=<0JBJ$GE,TCM<<3R
M>?*&D(=\]%10!S1TC1#<273Z+IHO+C:;ZZ6QMDO&:$AXY'NDB$DKQ,B,A#E@
MRAD.0M.DL$U*T-K>6\+P":&4VUQ;Q7<9:WF,MI.%N$D0RQ316]U&Q&Z.=%<%
M6SGH\#T%% &)]E@CF>X%O$SR1QQ2%X%:>8ID6_G2%2[)&QE*J9-B;N ,X.7I
M?A[0-,#1V/A[1]-8I+#,-,TZULH9('+3@.D$48D#D!R#G)R,9KK\#THP/04
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M$#!:1-P8G@>V#T[=N)Z** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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;O/<&-$0R%54#I418UVH,#)./J23U]R: /__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>tm2310193d2_ex5-1img002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm2310193d2_ex5-1img002.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  @ &X# 2(  A$! Q$!_\0
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4FLM)21(993,P=RQW8 _D!0!__]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
