<SEC-DOCUMENT>0001104659-23-091027.txt : 20230814
<SEC-HEADER>0001104659-23-091027.hdr.sgml : 20230814
<ACCEPTANCE-DATETIME>20230814090929
ACCESSION NUMBER:		0001104659-23-091027
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		22
CONFORMED PERIOD OF REPORT:	20230814
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20230814
DATE AS OF CHANGE:		20230814

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:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39281
		FILM NUMBER:		231166690

	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>8-K
<SEQUENCE>1
<FILENAME>tm2323509d2_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<XBRL>
<?xml version="1.0" encoding="utf-8"?>
<html xmlns="http://www.w3.org/1999/xhtml" xmlns:xs="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:dei="http://xbrl.sec.gov/dei/2023" xmlns:ref="http://www.xbrl.org/2006/ref" xmlns:us-gaap="http://fasb.org/us-gaap/2023" xmlns:us-roles="http://fasb.org/us-roles/2023" xmlns:dtr-types="http://www.xbrl.org/dtr/type/2022-03-31" xmlns:country="http://xbrl.sec.gov/country/2023" xmlns:srt="http://fasb.org/srt/2023" xmlns:TMC="http://tmcmetalscompany.com/20230814">
<head>
     <title></title>
<meta http-equiv="Content-Type" content="text/html" />
</head>
<!-- Field: Set; Name: xdx; ID: xdx_02C_US%2DGAAP%2D2023 -->
<!-- Field: Set; Name: xdx; ID: xdx_03C_TMC_tmcmetalscompany.com_20230814 -->
<!-- Field: Set; Name: xdx; ID: xdx_04A_20230814_20230814 -->
<!-- Field: Set; Name: xdx; ID: xdx_056_edei%2D%2DEntityCentralIndexKey_0001798562 -->
<!-- Field: Set; Name: xdx; ID: xdx_059_edei%2D%2DAmendmentFlag_false -->
<!-- Field: Set; Name: xdx; ID: xdx_072_SO_T%2D%2D\DeptFiles%2DiXBRL 8%2DK Covers Templates\+++%2DROOT%2DElement%2D+++\DocumentInformationLineItems.xdxs -->
<!-- Field: Set; Name: xdx; ID: xdx_06B_USD_1_iso4217%2D%2DUSD -->
<!-- Field: Set; Name: xdx; ID: xdx_062_Shares_2_xbrli%2D%2Dshares -->
<!-- Field: Set; Name: xdx; ID: xdx_06D_USDPShares_3_iso4217%2D%2DUSD_xbrli%2D%2Dshares -->
<body style="font: 10pt Times New Roman, Times, Serif">
<div style="display: none">
<ix:header>
 <ix:hidden>
  <ix:nonNumeric contextRef="AsOf2023-08-14" name="dei:EntityCentralIndexKey">0001798562</ix:nonNumeric>
  <ix:nonNumeric contextRef="AsOf2023-08-14" name="dei:AmendmentFlag">false</ix:nonNumeric>
  <ix:nonNumeric contextRef="AsOf2023-08-14" id="xdx2ixbrl0012" name="dei:EntityRegistrantName">TMC the metals Co Inc.</ix:nonNumeric>
  <ix:nonNumeric contextRef="AsOf2023-08-14" id="xdx2ixbrl0015" name="dei:EntityTaxIdentificationNumber">00-0000000</ix:nonNumeric>
  </ix:hidden>
 <ix:references>
  <link:schemaRef xlink:href="tmc-20230814.xsd" xlink:type="simple" />
  </ix:references>
 <ix:resources>
    <xbrli:context id="AsOf2023-08-14">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001798562</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2023-08-14</xbrli:startDate>
        <xbrli:endDate>2023-08-14</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2023-08-142023-08-14_custom_TMCCommonShareswithoutparvalueMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001798562</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">TMC:TMCCommonShareswithoutparvalueMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2023-08-14</xbrli:startDate>
        <xbrli:endDate>2023-08-14</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2023-08-142023-08-14_custom_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001798562</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">TMC:RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2023-08-14</xbrli:startDate>
        <xbrli:endDate>2023-08-14</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:unit id="USD">
      <xbrli:measure>iso4217:USD</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="Shares">
      <xbrli:measure>xbrli:shares</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="USDPShares">
      <xbrli:divide>
        <xbrli:unitNumerator>
          <xbrli:measure>iso4217:USD</xbrli:measure>
        </xbrli:unitNumerator>
        <xbrli:unitDenominator>
          <xbrli:measure>xbrli:shares</xbrli:measure>
        </xbrli:unitDenominator>
      </xbrli:divide>
    </xbrli:unit>
  </ix:resources>
 </ix:header>
</div>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

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

<!-- Field: Rule-Page --><div style="margin-top: 0; margin-bottom: 0; width: 100%"><div style="border-top: Black 2pt solid; border-bottom: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>UNITED STATES</b></p>

<p style="font: 18pt 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">&#160;</p>

<p style="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>FORM <span id="xdx_904_edei--DocumentType_c20230814__20230814_zzgIDhty6dI2"><ix:nonNumeric contextRef="AsOf2023-08-14" name="dei:DocumentType">8-K</ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>CURRENT REPORT&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Pursuant to Section&#160;13 OR 15(d)&#160;of
the</b>&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Securities Exchange Act of 1934</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Date of Report (Date of earliest event reported):
<b><span id="xdx_909_edei--DocumentPeriodEndDate_c20230814__20230814_zbZVA8CZgRg5"><ix:nonNumeric contextRef="AsOf2023-08-14" format="ixt:datemonthdayyearen" name="dei:DocumentPeriodEndDate">August 14, 2023</ix:nonNumeric></span></b></p>

<p style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b><span id="xdx_907_edei--EntityRegistrantName_dxL_c20230814__20230814_zphoFvv4OJRc" title="::XDX::TMC%20the%20metals%20Co%20Inc."><span style="-sec-ix-hidden: xdx2ixbrl0012">TMC THE METALS COMPANY INC.</span></span></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="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</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="text-align: center; width: 33%"><b><span id="xdx_90E_edei--EntityIncorporationStateCountryCode_c20230814__20230814_z723ewM5qJTh"><ix:nonNumeric contextRef="AsOf2023-08-14" format="ixt-sec:edgarprovcountryen" name="dei:EntityIncorporationStateCountryCode">British Columbia, Canada</ix:nonNumeric></span></b></td>
<td style="text-align: center; width: 34%"><b><span id="xdx_907_edei--EntityFileNumber_c20230814__20230814_zzTHd1grObQ3"><ix:nonNumeric contextRef="AsOf2023-08-14" name="dei:EntityFileNumber">001-39281</ix:nonNumeric></span></b></td>
<td style="text-align: center; width: 33%"><b><span id="xdx_900_edei--EntityTaxIdentificationNumber_dxL_c20230814__20230814_zgLwUll52FA" title="::XDX::00-0000000"><span style="-sec-ix-hidden: xdx2ixbrl0015">Not Applicable</span></span></b></td></tr>
<tr style="vertical-align: top">
<td style="text-align: center"> (State or other jurisdiction of
<br />
incorporation)</td>
<td style="text-align: center">(Commission File Number)</td>
<td style="text-align: center"> (IRS Employer <br />
Identification No.)</td></tr>
<tr style="vertical-align: top">
<td style="text-align: center"><span style="font-size: 10pt">&#160;</span></td>
<td style="text-align: center"><span style="font-size: 10pt">&#160;</span></td>
<td style="text-align: center"><span style="font-size: 10pt">&#160;</span></td></tr>
</table>

<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="text-align: center; width: 33%"><b><span id="xdx_904_edei--EntityAddressAddressLine1_c20230814__20230814_zZN1db8jehL2"><ix:nonNumeric contextRef="AsOf2023-08-14" name="dei:EntityAddressAddressLine1">595 Howe Street</ix:nonNumeric></span>, <span id="xdx_90C_edei--EntityAddressAddressLine2_c20230814__20230814_zBmQgjp072r7"><ix:nonNumeric contextRef="AsOf2023-08-14" name="dei:EntityAddressAddressLine2">10th Floor</ix:nonNumeric></span><br />
<span id="xdx_907_edei--EntityAddressCityOrTown_c20230814__20230814_z9xPTzYw7Hcg"><ix:nonNumeric contextRef="AsOf2023-08-14" name="dei:EntityAddressCityOrTown">Vancouver</ix:nonNumeric></span>, <span id="xdx_90E_edei--EntityAddressStateOrProvince_c20230814__20230814_zxDieq1FiHc5"><ix:nonNumeric contextRef="AsOf2023-08-14" format="ixt-sec:stateprovnameen" name="dei:EntityAddressStateOrProvince">British Columbia</ix:nonNumeric></span></b></td>
<td style="width: 34%"><b>&#160;</b></td>
<td style="vertical-align: bottom; text-align: center; width: 33%"><b><span id="xdx_907_edei--EntityAddressPostalZipCode_c20230814__20230814_zRSCPZCfIqq3"><ix:nonNumeric contextRef="AsOf2023-08-14" name="dei:EntityAddressPostalZipCode">V6C 2T5</ix:nonNumeric></span></b></td></tr>
<tr style="vertical-align: top">
<td style="text-align: center">(Address of principal executive<br />
offices)</td>
<td>&#160;</td>
<td style="text-align: center">(Zip Code)</td></tr>
</table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Registrant&#8217;s telephone number, including
area code: <b>(<span id="xdx_901_edei--CityAreaCode_c20230814__20230814_z0pHQ7Yv3i9i"><ix:nonNumeric contextRef="AsOf2023-08-14" name="dei:CityAreaCode">604</ix:nonNumeric></span>) <span id="xdx_90A_edei--LocalPhoneNumber_c20230814__20230814_zgSAdAu8daH8"><ix:nonNumeric contextRef="AsOf2023-08-14" name="dei:LocalPhoneNumber">631-3115</ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Not
applicable</b></span><br />
(Former name or former address, if changed since last report)</p>

<p style="border-bottom: Black 1pt solid; 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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Check the appropriate box below if the Form&#160;8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.25in"><span style="font: 10pt Wingdings"><span style="font-family: Wingdings"><span id="xdx_907_edei--WrittenCommunications_c20230814__20230814_z9mCHe5350md"><ix:nonNumeric contextRef="AsOf2023-08-14" format="ixt:booleanfalse" name="dei:WrittenCommunications">&#168;</ix:nonNumeric></span></span></span></td><td>Written communications pursuant to Rule&#160;425 under the Securities Act (17 CFR 230.425)</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.25in"><span style="font: 10pt Wingdings"><span style="font-family: Wingdings"><span id="xdx_904_edei--SolicitingMaterial_c20230814__20230814_zm0yIwQf7hX"><ix:nonNumeric contextRef="AsOf2023-08-14" format="ixt:booleanfalse" name="dei:SolicitingMaterial">&#168;</ix:nonNumeric></span></span></span></td><td>Soliciting material pursuant to Rule&#160;14a-12 under the Exchange Act (17 CFR 240.14a-12)</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.25in"><span style="font: 10pt Wingdings"><span style="font-family: Wingdings"><span id="xdx_904_edei--PreCommencementTenderOffer_c20230814__20230814_zFEm4xIm4Ola"><ix:nonNumeric contextRef="AsOf2023-08-14" format="ixt:booleanfalse" name="dei:PreCommencementTenderOffer">&#168;</ix:nonNumeric></span></span></span></td><td>Pre-commencement communications pursuant to Rule&#160;14d-2(b)&#160;under the Exchange Act (17 CFR 240.14d-2(b))</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.25in"><span style="font: 10pt Wingdings"><span style="font-family: Wingdings"><span id="xdx_90C_edei--PreCommencementIssuerTenderOffer_c20230814__20230814_zqzhW0nKuvhl"><ix:nonNumeric contextRef="AsOf2023-08-14" format="ixt:booleanfalse" name="dei:PreCommencementIssuerTenderOffer">&#168;</ix:nonNumeric></span></span></span></td><td>Pre-commencement communications pursuant to Rule&#160;13e-4(c)&#160;under the Exchange Act (17 CFR 240.13e-4(c))</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Securities registered pursuant to Section&#160;12(b)&#160;of the Act:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</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; width: 38%; font-size: 10pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Title of each class</b></span></td>
    <td style="width: 2%">&#160;</td>
    <td style="border-bottom: black 1pt solid; width: 20%; font-size: 10pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Trading Symbol(s)</b></span></td>
    <td style="width: 2%">&#160;</td>
    <td style="border-bottom: black 1pt solid; width: 38%">
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Name of each exchange on<br />
which registered</b></p></td></tr>
  <tr style="vertical-align: top">
    <td style="text-align: center; font-size: 10pt"><span style="font: 10pt Times New Roman, Times, Serif"><span id="xdx_90C_edei--Security12bTitle_c20230814__20230814__us-gaap--StatementClassOfStockAxis__custom--TMCCommonShareswithoutparvalueMember_zSbXYGG1aUj"><ix:nonNumeric contextRef="From2023-08-142023-08-14_custom_TMCCommonShareswithoutparvalueMember" name="dei:Security12bTitle">TMC Common Shares without par value</ix:nonNumeric></span></span></td>
    <td>&#160;</td>
    <td style="font-size: 10pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><span id="xdx_902_edei--TradingSymbol_c20230814__20230814__us-gaap--StatementClassOfStockAxis__custom--TMCCommonShareswithoutparvalueMember_z2YX0nmb93ya"><ix:nonNumeric contextRef="From2023-08-142023-08-14_custom_TMCCommonShareswithoutparvalueMember" name="dei:TradingSymbol">TMC</ix:nonNumeric></span></span></td>
    <td>&#160;</td>
    <td style="text-align: center; font-size: 10pt"><span style="font: 10pt Times New Roman, Times, Serif"><span id="xdx_90F_edei--SecurityExchangeName_c20230814__20230814__us-gaap--StatementClassOfStockAxis__custom--TMCCommonShareswithoutparvalueMember_z15TqBTI3kJ4"><ix:nonNumeric contextRef="From2023-08-142023-08-14_custom_TMCCommonShareswithoutparvalueMember" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName">The Nasdaq Stock Market LLC</ix:nonNumeric></span></span></td></tr>
  <tr style="vertical-align: top">
    <td style="text-align: center; font-size: 10pt"><span style="font: 10pt Times New Roman, Times, Serif"><span id="xdx_907_edei--Security12bTitle_c20230814__20230814__us-gaap--StatementClassOfStockAxis__custom--RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember_zI4VdE77Zjb"><ix:nonNumeric contextRef="From2023-08-142023-08-14_custom_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember" name="dei:Security12bTitle">Redeemable warrants, each whole warrant exercisable for one TMC Common Share, each at an exercise price of $11.50 per share</ix:nonNumeric></span></span></td>
    <td>&#160;</td>
    <td style="font-size: 10pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><span id="xdx_906_edei--TradingSymbol_c20230814__20230814__us-gaap--StatementClassOfStockAxis__custom--RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember_z7x2yNF7od5i"><ix:nonNumeric contextRef="From2023-08-142023-08-14_custom_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember" name="dei:TradingSymbol">TMCWW</ix:nonNumeric></span></span></td>
    <td>&#160;</td>
    <td style="text-align: center; font-size: 10pt"><span style="font: 10pt Times New Roman, Times, Serif"><span id="xdx_906_edei--SecurityExchangeName_c20230814__20230814__us-gaap--StatementClassOfStockAxis__custom--RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember_zRiJix3xV7r5"><ix:nonNumeric contextRef="From2023-08-142023-08-14_custom_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName">The Nasdaq Stock Market LLC</ix:nonNumeric></span></span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">Indicate by check mark whether
the registrant is an emerging growth company as defined in Rule&#160;405 of the Securities Act of 1933 (&#167;230.405 of this chapter)
or Rule&#160;12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Emerging
growth company </span><span id="xdx_900_edei--EntityEmergingGrowthCompany_c20230814__20230814_zJph5UbdsBgg" style="font-family: Wingdings; font-size: 10pt"><ix:nonNumeric contextRef="AsOf2023-08-14" format="ixt:booleantrue" name="dei:EntityEmergingGrowthCompany">&#120;</ix:nonNumeric></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font: 10pt 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&#160;13(a)&#160;of the Exchange Act. </span><span style="font-family: Wingdings"><span style="font-family: Wingdings"><span id="xdx_90B_edei--EntityExTransitionPeriod_c20230814__20230814_zb16xuaoNgn7"><ix:nonNumeric contextRef="AsOf2023-08-14" format="ixt:booleanfalse" name="dei:EntityExTransitionPeriod">&#168;</ix:nonNumeric></span></span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

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

<!-- Field: Rule-Page --><div style="margin-top: 0; margin-bottom: 0; width: 100%"><div style="border-top: Black 1pt solid; border-bottom: Black 2pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

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

<!-- Field: Page; Sequence: 1 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><b>Item 1.01.</b></td><td><b>Entry into a Material Definitive Agreement.</b></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">On August 14, 2023, TMC
the metals company Inc. (the &#8220;Company&#8221;) entered into a securities purchase agreement (the &#8220;Purchase
Agreement&#8221;) with certain investors (the &#8220;Purchasers&#8221;), pursuant to which the Company agreed to sell and issue, in
a registered direct offering (the &#8220;Registered Offering&#8221;), an aggregate of 13,461,540 common shares (the
&#8220;Shares&#8221;) of the Company, without par value (the &#8220;Common Shares&#8221;), and accompanying Class A warrants (the
&#8220;Class A Warrants&#8221; and collectively with the Shares, the &#8220;Securities&#8221;) to purchase an aggregate of 6,730,770
Common Shares. The aggregate gross proceeds to the Company from the Registered Offering are expected to be approximately $26.9
million, before deducting fees payable to the financial advisors and other estimated offering expenses payable by the Company, not
including the exercise of the Class A Warrants. In addition, certain investors may purchase up to an aggregate of 5,500,000
additional Shares and accompanying Class A Warrants to purchase up to an aggregate of 2,750,000 additional Common Shares upon notice
to the Company on or before September 15, 2023 if the closing price of the Common Shares on the trading day before such investor's
notice is $3.00 or less for an aggregate of up to an additional $11 million.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">ERAS Capital LLC, the family
fund of the Company&#8217;s director, Andrei Karkar, and existing shareholder in the Company, agreed to purchase 5,000,000 Common Shares
and accompanying Class&#160;A Warrants to purchase 2,500,000 Common Shares for a total purchase price of $10 million. In addition, Allseas
Group S.A., a strategic partner of the Company and existing shareholder in the Company, agreed to purchase 3,500,000 Common Shares and
accompanying Class&#160;A Warrants to purchase 1,750,000 Common Shares for a total purchase price of $7 million. The Company&#8217;s Chief
Executive Officer and Chairman, Gerard Barron, the Company&#8217;s Chief Financial Officer, Craig Shesky, and other members of the Company&#8217;s
board of directors also agreed to purchase Securities in the Registered Offering.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Securities are being offered by the Company pursuant to the Company&#8217;s registration statement on Form&#160;S-3 (Reg. No.&#160;333-267479),
previously filed with the U.S. Securities and Exchange Commission (the &#8220;SEC&#8221;) on September&#160;16, 2022, as amended, and
declared effective by the SEC on October&#160;14, 2022, the base prospectus contained therein, and a prospectus supplement dated August&#160;</span>14,
2023.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The initial closing of the
Registered Offering is expected on or about August&#160;16, 2023, subject to the satisfaction of customary closing conditions. Two additional
closings for $2.5 million and $6.5 million are expected to occur on or before November&#160;30, 2023 and January&#160;31, 2024, respectively,
with respect to one of the investors in the Registered Offering pursuant to the terms of the Purchase Agreement. </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">Each
Common Share and the accompanying Class&#160;A Warrant to purchase 0.5 of a Common Share are being sold at a price of $2.00.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Class&#160;A Warrants have an initial exercise price of $</span>3.00, are exercisable immediately upon issuance and will expire on
December&#160;31, 2027. The Class&#160;A Warrants are subject to adjustment in the event of certain share dividends and
distributions, share splits, share combinations, reclassifications or similar events affecting the Common Shares upon any
distributions for no consideration of assets to the Company&#8217;s shareholders. Subject to customary exceptions contained in the
Class&#160;A Warrants, until December&#160;31, 2024, the Class&#160;A Warrants are subject to price-based adjustment in the event of
any issuances of Common Shares, or security convertible, exercisable or exchangeable for Common Shares, at a price below the lower
of (i)&#160;$2.00 (as equitably adjusted for share splits, recapitalization, share dividends and the like) and (ii)&#160;the then
effective exercise price. The Company may also repurchase the Class&#160;A Warrants for $0.0001 per Common Share underlying the
Class&#160;A Warrants if the volume weighted average price for the Common Shares for each trading day in a 30-consecutive trading
day period exceeds $6.50. In the event of certain corporate transactions, the holders of the Class&#160;A Warrants will be entitled
to receive, upon exercise of the Class&#160;A Warrants, the kind and amount of securities, cash or other property that the holders
would have received had they exercised the Class&#160;A Warrants immediately prior to such transaction. Each holder of a
Class&#160;A Warrant will not have the right to exercise any portion of its Class&#160;A Warrant if the holder, together with its
affiliates, would beneficially own in excess of 4.99% (or 9.99% or 19.99% at the election of a holder prior to the date of issuance)
of the number of Common Shares outstanding immediately after giving effect to such exercise (the &#8220;Common Warrant Beneficial
Ownership Limitation&#8221;); provided, however, that upon 61 days&#8217; prior notice to the Company, the holder may increase the
Common Warrant Beneficial Ownership Limitation, but not to above 9.99%, or 19.99% with the Company&#8217;s approval. The
Class&#160;A Warrants do not entitle the holders thereof to any voting rights or any of the other rights or privileges to which
holders of Common Stock are entitled.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

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

<!-- Field: Page; Sequence: 2 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">The
Class&#160;A Warrants are not listed, and the Company does not intend to list the Class&#160;A Warrants, for trading on the Nasdaq Global Select Market or any other national securities exchange or any other nationally
recognized trading system.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Cantor Fitzgerald &amp; Co., Wedbush Securities LLC, EAS Advisors LLC,
Fearnley Securities Inc. and ThinkEquity LLC are engaged by the Company as financial advisors.&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">The
Purchase Agreement contains customary representations, warranties, covenants and agreements by the Company, customary conditions to closing,
indemnification obligations, other obligations of the parties and termination provisions. The representations, warranties and covenants
contained in the Purchase Agreement were made only for purposes of such agreement and as of specific dates, were solely for the benefit
of the parties to such agreement and may be subject to limitations agreed upon by the contracting parties. No statement in this Current
Report on Form&#160;8-K or the attached exhibits is an offer to purchase or a solicitation of an offer to sell securities. No offer, solicitation
or sale will be made in any jurisdiction in which such offer, solicitation or sale is unlawful.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">A
copy of the legal opinion of Fasken Martineau DuMoulin LLP and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., each counsel to
the Company, relating to the Securities is filed with this Current Report on Form&#160;8-K as Exhibit&#160;5.1 and 5.2,
respectively. The forms of the Purchase Agreement and Class&#160;A Warrant are filed with this Current
Report on Form&#160;8-K as Exhibits 10.1 and 4.1, respectively, and are incorporated herein by reference. The foregoing description
of such documents and the transactions contemplated thereby is qualified in its entirety by reference to such exhibits.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">This
Current Report on Form&#160;8-K shall not constitute an offer to sell or a solicitation of an offer to buy the Securities, nor shall there
be any sale of the Securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration
or qualification under the securities laws of any such state or jurisdiction.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i>Forward-Looking Statements</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Current Report on Form&#160;8-K
contains forward-looking statements that involve risks and uncertainties, such as statements related to the anticipated closing of the
Registered Offering and the anticipated proceeds from the Registered Offering. The risks and uncertainties involved include the Company&#8217;s
ability to satisfy certain conditions to closing the Registered Offering on a timely basis or at all, market and other conditions, and
other risks detailed from time to time in the Company&#8217;s periodic reports and other filings with the SEC. You are cautioned not to
place undue reliance on forward-looking statements, which are based on the Company&#8217;s current expectations and assumptions and speak
only as of the date of this Current Report on Form&#160;8-K. The Company does not intend to revise or update any forward-looking statement
in this Current Report on Form&#160;8-K as a result of new information, future events or otherwise, except as required by law.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><b>Item 8.01.</b></td><td style="text-align: justify"><b>Other Events.</b></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
August&#160;</span>14, 2023, the Company issued a press release announcing Registered Offering. A copy of the press release is attached
as Exhibit&#160;99.2 to this Current Report on Form&#160;8-K and is incorporated herein by reference.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

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

<!-- Field: Page; Sequence: 3 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><b>Item 9.01.</b></td><td style="text-align: justify"><b>Financial Statements and Exhibits.</b></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The following exhibits are
being filed herewith:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><tr style="vertical-align: top; text-align: justify">
<td style="width: 0"></td><td style="width: 0.5in; text-align: left">(d)</td><td style="text-align: justify">Exhibits.</td>
</tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt">
<tr style="vertical-align: top">
  <td style="width: 0"></td>
  <td style="width: 1in"><b>Exhibit&#160;No.</b></td>
  <td><b>Description</b></td></tr>
</table>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><a href="tm2323509d2_ex4-1.htm">4.1</a></td><td><a href="tm2323509d2_ex4-1.htm">Form&#160;of Class&#160;A Warrant to Purchase Common Stock.</a></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><a href="tm2323509d2_ex5-1.htm">5.1</a></td><td><a href="tm2323509d2_ex5-1.htm">Opinion of Fasken Martineau DuMoulin LLP.</a></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><a href="tm2323509d2_ex5-2.htm">5.2</a></td><td><a href="tm2323509d2_ex5-2.htm">Opinion of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.</a></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><a href="tm2323509d2_ex10-1.htm"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.1</span></a></td><td><a href="tm2323509d2_ex10-1.htm"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form&#160;of </span>Securities Purchase Agreement, dated
August&#160;14, 2023.</a></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><a href="tm2323509d2_ex5-1.htm">23.1</a></td><td><a href="tm2323509d2_ex5-1.htm">Consent of Fasken Martineau DuMoulin LLP (included in Exhibit&#160;5.1).</a></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><a href="tm2323509d2_ex5-2.htm">23.2</a></td><td><a href="tm2323509d2_ex5-2.htm">Consent of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. (included in Exhibit&#160;5.2).</a></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><a href="tm2323509d2_ex99-1.htm">99.1</a></td><td><a href="tm2323509d2_ex99-1.htm">Information relating to Part&#160;II,&#160;Item 14 of the Registration Statement on Form&#160;S-3 (Registration No.: 333-267479).</a></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><a href="tm2323509d2_ex99-2.htm"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">99.2</span></a></td><td><a href="tm2323509d2_ex99-2.htm"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Press Release, dated August&#160;</span>14, 2023.</a></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><tr style="vertical-align: top; text-align: justify">
<td style="width: 0"></td><td style="width: 1in; text-align: left">104</td><td style="text-align: justify">Cover Page&#160;Interactive Data File (embedded within the Inline
XBRL document).</td>
</tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

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

<!-- Field: Page; Sequence: 4 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>SIGNATURES</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</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="font-size: 10pt">&#160;</td>
    <td colspan="2" style="font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>TMC THE METALS COMPANY INC.</b></span></td></tr>
  <tr style="vertical-align: top">
    <td style="width: 50%; font-size: 10pt">&#160;</td>
    <td style="width: 5%; font-size: 10pt">&#160;</td>
    <td style="width: 45%; font-size: 10pt">&#160;</td></tr>
  <tr style="vertical-align: top">
    <td style="font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date: August&#160;</span>14, 2023</td>
    <td style="font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</span></td>
    <td style="border-bottom: black 1pt solid; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Craig Shesky</span></td></tr>
  <tr style="vertical-align: top">
    <td style="font-size: 10pt">&#160;</td>
    <td style="font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</span></td>
    <td style="font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Craig Shesky</span></td></tr>
  <tr style="vertical-align: top">
    <td style="font-size: 10pt">&#160;</td>
    <td style="font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: </span></td>
    <td style="font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief Financial
    Officer</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 3in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 3in"></p>

<!-- Field: Page; Sequence: 5; Options: Last -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 3in"></p>

</body>
</html>
<!-- Field: Set; Name: xdx; ID: xdx_08B_extensions -->
<!-- eJzFkU1OwzAQhU/QO4willWxg7IgO4igQrSoKhVCQiymyYRaJJ7Idv+OxC1xnIbfLtgRWYrsec/vm3EUDaMxX6uKDDxeziewoLqp0BHMqSRDOievyG5uU/D/Ob0o6wxqF7a9MWPvIe9JRjJGXwjSjbJUpCDiU3F+GscgklQmMJtGg7aesS5VQdoprAB1ATPDjVHk0Oy7Gxa4Y831PkQ9kLGKdQpyJLryG8RCxnDHG9yyebUwmWTRYBi+QTQ2vG7amLV1XMNVRbXPsp31cwWUPGjSORVENS4r2qJpe7SE+Wq74o8D2pHJlW0lJRvWtJhmvvea9f0KDbVydKgPMvLt5MRlwVWFRspENL6JVjileknGJwsRnwl5IcK8+nTo44fQ3giBoD+ELwzgIcBTgMeAjgMCyMGIzg+2NxAEHOASTqQcJQI8DQSc/02Hp24cz0ee5Pt87Va5Fa9dg2aD1froGH/CWDiYwLsg2P6m+oX1DiCPCTA= -->
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-4.1
<SEQUENCE>2
<FILENAME>tm2323509d2_ex4-1.htm
<DESCRIPTION>EXHIBIT 4.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin: 0"><B>Exhibit 4.1</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>FORM&nbsp;OF WARRANT</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-top: 0pt; margin-bottom: 0pt; text-align: center"><B>CLASS&nbsp;A COMMON SHARE PURCHASE WARRANT</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-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="text-transform: uppercase"><B>TMC
the metals company Inc.</B></FONT></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: top">
    <TD STYLE="width: 50%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Warrant Shares: _______</FONT></TD>
    <TD STYLE="width: 50%; font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Issue Date:&nbsp;&nbsp;August&nbsp;___, 2023</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">THIS&nbsp;<B>CLASS&nbsp;A
COMMON SHARE PURCHASE WARRANT</B>&nbsp;(the &ldquo;<U>Warrant</U>&rdquo;) certifies that, for value received, _____________ or its assigns
(the &ldquo;<U>Holder</U>&rdquo;) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter
set forth, at any time on or after the issue date set forth above (the &ldquo;<U>Issue Date</U>&rdquo;) and on or prior to 5:00 p.m.&nbsp;(New
York City time) on December&nbsp;31, 2027 (the &ldquo;<U>Termination Date</U>&rdquo;) but not thereafter, to subscribe for and purchase
from TMC the metals company Inc., a corporation incorporated under the laws of the Province of British Columbia (the &ldquo;<U>Company</U>&rdquo;),
up to ______ Common Shares (as subject to adjustment hereunder, the &ldquo;<U>Warrant Shares</U>&rdquo;). The purchase price of one Common
Share under this Warrant shall be equal to the Exercise Price, as defined in Section&nbsp;2(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: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Section&nbsp;1</U></FONT>.&nbsp;<U>Definitions</U>.
Capitalized terms used and not otherwise defined herein shall have the meanings set forth in that certain Securities Purchase Agreement
(the &ldquo;<U>Purchase Agreement</U>&rdquo;), dated August&nbsp;___, 2023, among the Company and the purchasers signatories thereto.</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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Section&nbsp;2</U></FONT>.&nbsp;<U>Exercise</U>.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">a)&nbsp;<U>Exercise
of Warrant</U>. Exercise of the purchase rights represented by this Warrant may be made, in whole or in part, at any time or times on
or after the Issue Date and on or before the Termination Date by delivery to the Company of a duly executed PDF copy submitted by e-mail
(or e-mail attachment) of the Notice of Exercise in the form annexed hereto (the &ldquo;<U>Notice of Exercise</U>&rdquo;). Within the
earlier of (i)&nbsp;two (2)&nbsp;Trading Days (as defined below) and (ii)&nbsp;the number of Trading Days comprising the Standard Settlement
Period (as defined in Section&nbsp;2(d)(i)&nbsp;herein) following the date of exercise as aforesaid, the Holder shall deliver the aggregate
Exercise Price for the Warrant Shares specified in the applicable Notice of Exercise by wire transfer or cashier&rsquo;s check drawn on
a United States bank unless the cashless exercise procedure specified in Section&nbsp;2(c)&nbsp;below is specified in the applicable Notice
of Exercise. No ink-original Notice of Exercise shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization)
of any Notice of Exercise be required. Notwithstanding anything herein to the contrary, the Holder shall not be required to physically
surrender this Warrant to the Company until the Holder has purchased all of the Warrant Shares available hereunder and the Warrant has
been exercised in full, in which case, the Holder shall surrender this Warrant to the Company for cancellation within three (3)&nbsp;Trading
Days of the date on which the final Notice of Exercise is delivered to the Company. Partial exercises of this Warrant resulting in purchases
of a portion of the total number of Warrant Shares available hereunder shall have the effect of lowering the outstanding number of Warrant
Shares purchasable hereunder in an amount equal to the applicable number of Warrant Shares purchased. The Holder and the Company shall
maintain records showing the number of Warrant Shares purchased and the date of such purchases. The Company shall deliver any objection
to any Notice of Exercise within one (1)&nbsp;Trading Day of receipt of such notice.&nbsp;<B>The Holder and any assignee, by acceptance
of this Warrant, acknowledge and agree that, by reason of the provisions of this paragraph, following the purchase of a portion of the
Warrant Shares hereunder, the number of Warrant Shares available for purchase hereunder at any given time may be less than the amount
stated on the face hereof.</B> As used herein, &ldquo;<U>Trading Day</U>&rdquo; means a day on which the Common Shares is traded on a
Trading Market (as defined below).</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">b)&nbsp;<U>Exercise
Price</U>. The exercise price per Common Share under this Warrant shall be&nbsp;$3.00, subject to adjustment hereunder (the &ldquo;<U>Exercise
Price</U>&rdquo;).</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">c)&nbsp;<U>Cashless
Exercise</U>. If at the time of exercise hereof there is no effective registration statement registering, or the prospectus contained
therein is not available for the issuance of the Warrant Shares to the Holder, then this Warrant may also be exercised, in whole or in
part, at such time by means of a &ldquo;cashless exercise&rdquo; in which the Holder shall be entitled to receive a number of Warrant
Shares equal to the quotient obtained by dividing [(A-B) (X)] by (A), where:</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="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.6in"></TD><TD STYLE="width: 0.4in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(A)&nbsp;=</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">as
applicable: (i)&nbsp;the VWAP (as defined below) on the Trading Day immediately preceding the date of the applicable Notice of Exercise
if such Notice of Exercise is (1)&nbsp;both executed and delivered pursuant to Section&nbsp;2(a)&nbsp;hereof on a day that is not a Trading
Day or (2)&nbsp;both executed and delivered pursuant to Section&nbsp;2(a)&nbsp;hereof on a Trading Day prior to the opening of &ldquo;regular
trading hours&rdquo; (as defined in Rule&nbsp;600(b)&nbsp;of Regulation NMS promulgated under the federal securities laws) on such Trading
Day, (ii)&nbsp;at the option of the Holder, either (y)&nbsp;the VWAP on the Trading Day immediately preceding the date of the applicable
Notice of Exercise or (z)&nbsp;the Bid Price (as defined below) of the Common Shares on the principal Trading Market as reported by Bloomberg
L.P. (&ldquo;<U>Bloomberg</U>&rdquo;) as of the time of the Holder&rsquo;s execution of the applicable Notice of Exercise if such Notice
of Exercise is executed during &ldquo;regular trading hours&rdquo; on a Trading Day and is delivered within two (2)&nbsp;hours thereafter
(including until two (2)&nbsp;hours after the close of &ldquo;regular trading hours&rdquo; on a Trading Day) pursuant to Section&nbsp;2(a)&nbsp;hereof
or (iii)&nbsp;the VWAP on the date of the applicable Notice of Exercise if the date of such Notice of Exercise is a Trading Day and such
Notice of Exercise is both executed and delivered pursuant to Section&nbsp;2(a)&nbsp;hereof after the close of &ldquo;regular trading
hours&rdquo; on such Trading Day;</FONT></TD>
</TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.6in"></TD>
    <TD STYLE="white-space: nowrap; width: 0.4in; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(B)&nbsp;=&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the Exercise Price of this Warrant, as adjusted hereunder; and</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.6in"></TD>
    <TD STYLE="white-space: nowrap; width: 0.4in; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(X)&nbsp;=&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the number of Warrant Shares that would be issuable upon exercise of this Warrant in accordance with the terms of this Warrant if such exercise were by means of a cash exercise rather than a cashless exercise.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="background-color: white">If
Warrant Shares are issued in such a cashless exercise, the parties acknowledge and agree that in accordance with Section&nbsp;3(a)(9)&nbsp;of
the Securities Act, the Warrant Shares shall take on the registered characteristics of the Warrants being exercised. The Company agrees
not to take any position contrary to this Section&nbsp;2(c).</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Bid Price</U>&rdquo;
means, for any date, the price determined by the first of the following clauses that applies: (a)&nbsp;if the Common Shares are then listed
or quoted on a Trading Market, the bid price of a Common Share for the time in question (or the nearest preceding date) on the Trading
Market on which the Common Shares are then listed or quoted as reported by Bloomberg (based on a Trading Day from 9:30 a.m.&nbsp;(New
York City time) to 4:02 p.m.&nbsp;(New York City time)), (b)&nbsp;if OTCQB or OTCQX is not a Trading Market, the volume weighted average
price of a Common Share for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c)&nbsp;if the Common Shares are
not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Shares are then reported on The Pink Open Market
(or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per Common Share so reported,
or (d)&nbsp;in all other cases, the fair market value of a Common Share as determined by an independent appraiser selected in good faith
by the Purchasers of a majority in interest of the Securities then outstanding and reasonably acceptable to the Company, the fees and
expenses of which shall be paid by the Company.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Trading
Market</U>&rdquo; means any of the following markets or exchanges on which the Common Shares are listed or quoted for trading on the date
in question: the NYSE American, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market, the New York Stock
Exchange, the OTCQB or the OTCQX (or any successors to any of the foregoing).</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>VWAP</U>&rdquo;
means, for any date, the price determined by the first of the following clauses that applies: (a)&nbsp;if the Common Share is then listed
or quoted on a Trading Market, the daily volume weighted average price of a Common Share for such date (or the nearest preceding date)
on the Trading Market on which the Common Shares are then listed or quoted as reported by Bloomberg (based on a Trading Day from 9:30
a.m.&nbsp;(New York City time) to 4:02 p.m.&nbsp;(New York City time)), (b)&nbsp;if OTCQB or OTCQX is not a Trading Market, the volume
weighted average price of a Common Share for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c)&nbsp;if the
Common Shares are not then listed or quoted for trading on OTCQB or OTCQX and if prices for a Common Share are then reported in The Pink
Open Market (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per Common
Share so reported, or (d)&nbsp;in all other cases, the fair market value of a Common Share as determined by an independent appraiser selected
in good faith by the Purchasers of a majority in interest of the Securities then outstanding and reasonably acceptable to the Company,
the fees and expenses of which shall be paid by the Company.</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; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></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 0pt 0.5in; text-align: justify; text-indent: 0.5in">d)&nbsp;<U>Mechanics
of Exercise</U>.</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 0pt 1.5in; text-align: justify; text-indent: 0.5in">i.&nbsp;&nbsp;&nbsp;<U>Delivery
of Warrant Shares Upon Exercise</U>. The Company shall cause the Warrant Shares purchased hereunder to be transmitted by the Transfer
Agent (as defined below) to the Holder by crediting the account of the Holder&rsquo;s or its designee&rsquo;s balance account with The
Depository Trust Company through its Deposit or Withdrawal at Custodian system (&ldquo;<U>DWAC</U>&rdquo;) if the Company is then a participant
in such system and either (A)&nbsp;there is an effective registration statement permitting the issuance of the Warrant Shares to or resale
of the Warrant Shares by the Holder or (B)&nbsp;this Warrant is being exercised via cashless exercise, and otherwise by physical delivery
of a certificate, registered in the Company&rsquo;s share register in the name of the Holder or its designee, for the number of Warrant
Shares to which the Holder is entitled pursuant to such exercise to the address specified by the Holder in the Notice of Exercise by the
date that is the earliest of (i)&nbsp;two (2)&nbsp;Trading Days after the delivery to the Company of the Notice of Exercise, (ii)&nbsp;one
(1)&nbsp;Trading Day after delivery of the aggregate Exercise Price to the Company and (iii)&nbsp;the number of Trading Days comprising
the Standard Settlement Period after the delivery to the Company of the Notice of Exercise (such date, the &ldquo;<U>Warrant Share Delivery
Date</U>&rdquo;). The Holder shall be deemed for all corporate purposes to have become the holder of record of the Warrant Shares upon
the receipt of the aggregate Exercise Price by the Company. If the Company fails for any reason to deliver to the Holder the Warrant Shares
subject to a Notice of Exercise by the Warrant Share Delivery Date, the Company shall pay to the Holder, in cash, as liquidated damages
and not as a penalty, for each $1,000 of Warrant Shares subject to such exercise (based on the VWAP of a Common Share on the date of the
applicable Notice of Exercise), $10 per Trading Day (increasing to $20 per Trading Day on the fifth Trading Day after the Warrant Share
Delivery Date) for each Trading Day after such Warrant Share Delivery Date until such Warrant Shares are delivered or Holder rescinds
such exercise. The Company agrees to maintain a transfer agent that is a participant in the FAST program so long as this Warrant remains
outstanding and exercisable. As used herein, &ldquo;<U>Standard Settlement Period</U>&rdquo; means the standard settlement period, expressed
in a number of Trading Days, on the Company&rsquo;s primary Trading Market with respect to the Common Shares as in effect on the date
of delivery of the Notice of Exercise. As used herein, &ldquo;<U>Transfer Agent</U>&rdquo; means Continental Stock Transfer&nbsp;&amp;
Trust Company, and any successor transfer agent of the Company.</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 0pt 1.5in; text-align: justify; text-indent: 0.5in">ii.&nbsp;<U>Delivery
of New Warrants Upon Exercise</U>. If this Warrant shall have been exercised in part, the Company shall, at the request of a Holder and
upon surrender of this Warrant certificate, at the time of delivery of the Warrant Shares, deliver to the Holder a new Warrant evidencing
the rights of the Holder to purchase the unpurchased Warrant Shares called for by this Warrant, which new Warrant shall in all other respects
be identical with this Warrant.</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 0pt 1.5in; text-align: justify; text-indent: 0.5in">iii.&nbsp;<U>Rescission
Rights</U>. If the Company fails to cause the Transfer Agent to transmit to the Holder the Warrant Shares pursuant to Section&nbsp;2(d)(i)&nbsp;by
the Warrant Share Delivery Date, then the Holder will have the right to rescind such exercise.</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; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></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 0pt 1.5in; text-align: justify; text-indent: 0.5in">iv.&nbsp;<U>Compensation
for Buy-In on Failure to Timely Deliver Warrant Shares Upon Exercise</U>. In addition to any other rights available to the Holder, if
the Company fails to cause the Transfer Agent to transmit to the Holder the Warrant Shares in accordance with the provisions of Section&nbsp;2(d)(i)&nbsp;above
pursuant to an exercise on or before the Warrant Share Delivery Date (other than a failure caused by incorrect or incomplete information
provided by the Holder to the Company), and if after such date the Holder is required by its broker to purchase (in an open market transaction
or otherwise) or the Holder&rsquo;s brokerage firm otherwise purchases, Common Shares to deliver in satisfaction of a sale by the Holder
of the Warrant Shares which the Holder anticipated receiving upon such exercise (a &ldquo;<U>Buy-In</U>&rdquo;), then the Company shall
(A)&nbsp;pay in cash to the Holder the amount, if any, by which (x)&nbsp;the Holder&rsquo;s total purchase price (including brokerage
commissions, if any) for the Common Shares so purchased exceeds (y)&nbsp;the amount obtained by multiplying (1)&nbsp;the number of Warrant
Shares that the Company was required to deliver to the Holder in connection with the exercise at issue times (2)&nbsp;the price at which
the sell order giving rise to such purchase obligation was executed, and (B)&nbsp;at the option of the Holder, either reinstate the portion
of the Warrant and equivalent number of Warrant Shares for which such exercise was not honored (in which case such exercise shall be deemed
rescinded) or deliver to the Holder the number of Common Shares that would have been issued had the Company timely complied with its exercise
and delivery obligations hereunder. For example, if the Holder purchases Common Shares having a total purchase price of $11,000 to cover
a Buy-In with respect to an attempted exercise of Common Shares with an aggregate sale price giving rise to such purchase obligation of
$10,000, under clause (A)&nbsp;of the immediately preceding sentence the Company shall be required to pay the Holder $1,000. The Holder
shall provide the Company written notice indicating the amounts payable to the Holder in respect of the Buy-In and, upon request of the
Company, evidence of the amount of such loss. Nothing herein shall limit a Holder&rsquo;s right to pursue any other remedies available
to it hereunder, at law or in equity including, without limitation, a decree of specific performance and/or injunctive relief with respect
to the Company&rsquo;s failure to timely deliver Common Shares upon exercise of the Warrant as required pursuant to the terms 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 0pt 1.5in; text-align: justify; text-indent: 0.5in">v.&nbsp;<U>No Fractional
Shares or Scrip</U>. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. As
to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall round down to
the next whole share.</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 0pt 1.5in; text-align: justify; text-indent: 0.5in">vi.&nbsp;<U>Charges,
Taxes and Expenses</U>. Issuance of Warrant Shares shall be made without charge to the Holder for any issue or transfer tax or other incidental
expense in respect of the issuance of such Warrant Shares, all of which taxes and expenses shall be paid by the Company, and such Warrant
Shares shall be issued in the name of the Holder or in such name or names as may be directed by the Holder;&nbsp;<U>provided</U>,&nbsp;<U>however</U>,
that, in the event that Warrant Shares are to be issued in a name other than the name of the Holder, this Warrant when surrendered for
exercise shall be accompanied by the Assignment Form&nbsp;attached hereto duly executed by the Holder and the Company may require, as
a condition thereto, the payment of a sum sufficient to reimburse it for any transfer tax incidental thereto. The Company shall pay all
Transfer Agent fees required for same-day processing of any Notice of Exercise and all fees to the Depository Trust Company (or another
established clearing corporation performing similar functions) required for same-day electronic delivery of the Warrant Shares.</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 0pt 1.5in; text-align: justify; text-indent: 0.5in">vii.&nbsp;<U>Closing
of Books</U>. The Company will not close its shareholder books or records in any manner which prevents the timely exercise of this Warrant,
pursuant to the terms 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"></P>

<!-- Field: Page; Sequence: 4; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></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 0pt 0.5in; text-align: justify; text-indent: 0.5in">e)&nbsp;<U>Holder&rsquo;s
Exercise Limitations</U>. The Company shall not effect any exercise of this Warrant, and a Holder shall not have the right to exercise
any portion of this Warrant, pursuant to Section&nbsp;2 or otherwise, to the extent that after giving effect to such issuance after exercise
as set forth on the applicable Notice of Exercise, the Holder (together with the Holder&rsquo;s Affiliates (as defined below), and any
other Persons acting as a group together with the Holder or any of the Holder&rsquo;s Affiliates (such Persons, &ldquo;<U>Attribution
Parties</U>&rdquo;)), would beneficially own in excess of the Beneficial Ownership Limitation (as defined below). For purposes of the
foregoing sentence, the number of Common Shares beneficially owned by the Holder and its Affiliates and Attribution Parties shall include
the number of Common Shares issuable upon exercise of this Warrant with respect to which such determination is being made, but shall exclude
the number of Common Shares which would be issuable upon (i)&nbsp;exercise of the remaining, nonexercised portion of this Warrant beneficially
owned by the Holder or any of its Affiliates or Attribution Parties and (ii)&nbsp;exercise or conversion of the unexercised or nonconverted
portion of any other securities of the Company (including, without limitation, any other securities of the Company or the Subsidiaries
which would entitle the holder thereof to acquire at any time Common Shares, including, without limitation, any debt, preferred share,
right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles
the holder thereof to receive, Common Shares (&ldquo;<U>Common Share Equivalents</U>&rdquo;)) subject to a limitation on conversion or
exercise analogous to the limitation contained herein beneficially owned by the Holder or any of its Affiliates or Attribution Parties.
Except as set forth in the preceding sentence, for purposes of this Section&nbsp;2(e), beneficial ownership shall be calculated in accordance
with Section&nbsp;13(d)&nbsp;of the Exchange Act and the rules&nbsp;and regulations promulgated thereunder, it being acknowledged by the
Holder that the Company is not representing to the Holder that such calculation is in compliance with Section&nbsp;13(d)&nbsp;of the Exchange
Act and the Holder is solely responsible for any schedules required to be filed in accordance therewith. To the extent that the limitation
contained in this Section&nbsp;2(e)&nbsp;applies, the determination of whether this Warrant is exercisable (in relation to other securities
owned by the Holder together with any Affiliates and Attribution Parties) and of which portion of this Warrant is exercisable shall be
in the sole discretion of the Holder, and the submission of a Notice of Exercise shall be deemed to be the Holder&rsquo;s determination
of whether this Warrant is exercisable (in relation to other securities owned by the Holder together with any Affiliates and Attribution
Parties) and of which portion of this Warrant is exercisable, in each case subject to the Beneficial Ownership Limitation, and the Company
shall have no obligation to verify or confirm the accuracy of such determination. In addition, a determination as to any group status
as contemplated above shall be determined in accordance with Section&nbsp;13(d)&nbsp;of the Exchange Act and the rules&nbsp;and regulations
promulgated thereunder. For purposes of this Section&nbsp;2(e), in determining the number of outstanding Common Shares, a Holder may rely
on the number of outstanding Common Shares as reflected in (A)&nbsp;the Company&rsquo;s most recent periodic or annual report filed with
the Commission, as the case may be, (B)&nbsp;a more recent public announcement by the Company or (C)&nbsp;a more recent written notice
by the Company or the Transfer Agent setting forth the number of Common Shares outstanding. Upon the written or oral request of a Holder,
the Company shall within one Trading Day confirm orally and in writing to the Holder the number of Common Shares then outstanding. In
any case, the number of outstanding Common Shares shall be determined after giving effect to the conversion or exercise of securities
of the Company, including this Warrant, by the Holder or its Affiliates or Attribution Parties since the date as of which such number
of outstanding Common Shares was reported. The &ldquo;<U>Beneficial Ownership Limitation</U>&rdquo; shall be 4.99% of the number of Common
Shares outstanding immediately after giving effect to the issuance of Common Shares issuable upon exercise of this Warrant. The Holder,
upon notice to the Company, may increase or decrease the Beneficial Ownership Limitation provisions of this Section&nbsp;2(e), provided
that the Beneficial Ownership Limitation in no event exceeds 9.99% (or 19.99% with prior written approval of the Company) of the number
of Common Shares outstanding immediately after giving effect to the issuance of Common Shares upon exercise of this Warrant held by the
Holder and the provisions of this Section&nbsp;2(e)&nbsp;shall continue to apply. Any increase in the Beneficial Ownership Limitation
will not be effective until the 61st day after such notice is delivered to the Company. The provisions of this paragraph shall be construed
and implemented in a manner otherwise than in strict conformity with the terms of this Section&nbsp;2(e)&nbsp;to correct this paragraph
(or any portion hereof) which may be defective or inconsistent with the intended Beneficial Ownership Limitation herein contained or to
make changes or supplements necessary or desirable to properly give effect to such limitation. The limitations contained in this paragraph
shall apply to a successor holder of this Warrant. As used herein, &ldquo;<U>Affiliate</U>&rdquo; means any Person (as defined below)
that, directly or indirectly through one or more intermediaries, controls or is controlled by or is under common control with a Person,
as such terms are used in and construed under Rule&nbsp;405 under the Securities Act. As used herein, &ldquo;<U>Person</U>&rdquo; means
an individual or corporation, partnership, trust, incorporated or unincorporated association, joint venture, limited liability company,
joint stock company, government (or an agency or subdivision thereof) or other entity of any kind.</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: 5; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></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 0pt 0.5in; text-align: justify; text-indent: 0.5in">f)&nbsp;<U>Call
Provision</U>. Subject to the provisions of Section&nbsp;2(e)&nbsp;and this Section&nbsp;2(f), if, after the initial issuance of this
Warrant (the &ldquo;<U>Initial Exercise Date</U>&rdquo;), (i)&nbsp;the VWAP for each of 30 consecutive Trading Days (the &ldquo;<U>Measurement
Period</U>,&rdquo; which 30 consecutive Trading Day period shall not have commenced until after the Initial Exercise Date) exceeds $6.50
(subject to adjustment for forward and reverse share splits, recapitalizations, share dividends and the like) and (ii)&nbsp;the Holder
is not in possession of any information that constitutes, or might constitute, material non-public information which was provided by the
Company, any of its Subsidiaries, or any of their officers, directors, employees, agents or Affiliates, then the Company may, within 1
Trading Day of the end of such Measurement Period, call for cancellation of all or any portion of this Warrant for which a Notice of Exercise
has not yet been delivered (such right, a &ldquo;<U>Call</U>&rdquo;) for consideration equal to $0.0001 per Warrant Share. To exercise
this right, the Company must deliver to the Holder an irrevocable written notice (a &ldquo;<U>Call Notice</U>&rdquo;), indicating therein
the portion of unexercised portion of this Warrant to which such notice applies. If the conditions set forth below for such Call are satisfied
from the period from the date of the Call Notice through and including the Call Date (as defined below), then any portion of this Warrant
subject to such Call Notice for which a Notice of Exercise shall not have been received by the Call Date will be cancelled at 6:30 p.m.&nbsp;(New
York City time) on the tenth Trading Day after the date the Call Notice is received by the Holder (such date and time, the &ldquo;<U>Call
Date</U>&rdquo;). Any unexercised portion of this Warrant to which the Call Notice does not pertain will be unaffected by such Call Notice.
In furtherance thereof, the Company covenants and agrees that it will honor all Notices of Exercise with respect to Warrant Shares subject
to a Call Notice that are tendered through 6:30 p.m.&nbsp;(New York City time) on the Call Date. The parties agree that any Notice of
Exercise delivered following a Call Notice which calls less than all of the Warrants shall first reduce to zero the number of Warrant
Shares subject to such Call Notice prior to reducing the remaining Warrant Shares available for purchase under this Warrant. For example,
if (A)&nbsp;this Warrant then permits the Holder to acquire 100 Warrant Shares, (B)&nbsp;a Call Notice pertains to 75 Warrant Shares,
and (C)&nbsp;prior to 6:30 p.m.&nbsp;(New York City time) on the Call Date the Holder tenders a Notice of Exercise in respect of 50 Warrant
Shares, then (x)&nbsp;on the Call Date the right under this Warrant to acquire 25 Warrant Shares will be automatically cancelled, (y)&nbsp;the
Company, in the time and manner required under this Warrant, will have issued and delivered to the Holder 50 Warrant Shares in respect
of the exercises following receipt of the Call Notice, and (z)&nbsp;the Holder may, until the Termination Date, exercise this Warrant
for 25 Warrant Shares (subject to adjustment as herein provided and subject to subsequent Call Notices). Subject again to the provisions
of this Section&nbsp;2(f), the Company may deliver subsequent Call Notices for any portion of this Warrant for which the Holder shall
not have delivered a Notice of Exercise. Notwithstanding anything to the contrary set forth in this Warrant, the Company may not deliver
a Call Notice or require the cancellation of this Warrant (and any such Call Notice shall be void), unless, from the beginning of the
Measurement Period through the Call Date, (1)&nbsp;the Company shall have honored in accordance with the terms of this Warrant all Notices
of Exercise delivered by 6:30 p.m.&nbsp;(New York City time) on the Call Date, and (2)&nbsp;a registration statement shall be effective
as to all Warrant Shares and the prospectus thereunder available for use by the Company for the sale of all such Warrant Shares to the
Holder, and (3)&nbsp;the Common Shares shall be listed or quoted for trading on the Trading Market, and (4)&nbsp;there is a sufficient
number of authorized Common Shares for issuance of all Warrant Shares, and (5)&nbsp;the issuance of all Warrant Shares subject to a Call
Notice shall not cause a breach of any provision of Section&nbsp;2(e)&nbsp;herein. The Company&rsquo;s right to call the Warrants under
this Section&nbsp;2(f)&nbsp;shall be exercised ratably among the Holders based on each Holder&rsquo;s initial purchase of Warrants.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">g) <U>Subsequent
Equity Sales</U>. From the original Issue Date until December&nbsp;31, 2024, if the Company or any Subsidiary thereof, as applicable,
at any time while this Warrant is outstanding, shall sell or grant any option to purchase, or sell or grant any right to reprice, or otherwise
dispose of or issue (or announce any offer, sale, grant or any option to purchase or other disposition) any Common Shares or Common Share
Equivalents, at an effective price per share less than the lower of (i)&nbsp;$2.00 (subject to adjustment for forward and reverse share
splits, recapitalizations, share dividends and the like), and (ii)&nbsp;the Exercise Price then in effect (such lower price, the &ldquo;<U>Base
Share Price</U>&rdquo; and such issuances collectively, a &ldquo;<U>Dilutive Issuance</U>&rdquo;) (it being understood and agreed that
if the holder of the Common Shares or Common Share Equivalents so issued at any time, whether by operation of purchase price adjustments,
reset provisions, floating conversion, exercise or exchange prices or otherwise, or due to warrants, options or rights per share which
are issued in connection with such issuance, be entitled to receive Common Shares at an effective price per share that is less than the
Exercise Price, such issuance shall be deemed to have occurred for less than the Exercise Price on such date of the Dilutive Issuance
at such effective price), then simultaneously with the consummation of each Dilutive Issuance the Exercise Price shall be reduced to equal
the Base Share Price. Such adjustment shall be made whenever such Common Shares or Common Share Equivalents are issued. Notwithstanding
the foregoing, no adjustments shall be made, paid or issued under this Section&nbsp;2(g)&nbsp;in respect of an Exempt Issuance. The Company
shall notify the Holder, in writing, promptly, but in no event later than two (2)&nbsp;Trading Days following the issuance or deemed issuance
of any Common Shares or Common Share Equivalents subject to this Section&nbsp;2(g), indicating therein the applicable issuance price,
or applicable reset price, exchange price, conversion price and other pricing terms (such notice, the &ldquo;<U>Dilutive Issuance Notice</U>&rdquo;).
For purposes of clarification, whether or not the Company provides a Dilutive Issuance Notice pursuant to this Section&nbsp;2(g), upon
the occurrence of any Dilutive Issuance, the Holder is entitled to receive a number of Warrant Shares based upon the Base Share Price
regardless of whether the Holder accurately refers to the Base Share Price in the Notice of Exercise. For avoidance of doubt, the number
of Warrant Shares issuable upon exercise of this Warrant shall not be adjusted under this Section&nbsp;2(g).</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: 6; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></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 0pt 0.5in; text-align: justify; text-indent: 0.5in">For the purposes
of this Section&nbsp;2(g), &ldquo;<U>Exempt Issuance</U>&rdquo; means the issuance of (a)&nbsp;Common Shares, options, restricted share
units or other awards to employees, officers or directors of the Company pursuant to any equity incentive plan or employee stock purchase
plan duly adopted for such purpose by the board of directors of the Company or a committee thereof; (b)&nbsp;securities issued and issuable
hereunder and under the Purchase Agreement and securities issued and issuable upon the exercise or exchange of or conversion of any securities
issued hereunder or under the Purchase Agreement; (c)&nbsp;Common Shares pursuant to that certain At-the-Market Equity Distribution Agreement,
dated as of December&nbsp;22, 2022, by and among the Company, Stifel, Nicolaus&nbsp;&amp; Company,&nbsp;Incorporated and Wedbush Securities
Inc.; (d)&nbsp;Common Shares pursuant to the exercise of any options or warrants, or the conversion of convertible securities, preferred
shares or special shares outstanding on the date of this Warrant or the exercise or conversion of any securities issued upon exercise
or conversion of any such outstanding option, warrant, convertible security, preferred share or special share; (e)&nbsp;Common Shares
or Common Share Equivalents (and the Common Shares issuable upon exercise or exchange of such Common Share Equivalents) to banks, equipment
lessors or other financial institutions, or to real property lessors, pursuant to a debt financing, equipment leasing or real property
leasing transaction approved by the board of directors of the Company or a committee thereof; (f)&nbsp;Common Shares or Common Share Equivalents
(and the Common Shares issuable upon exercise or exchange of such Common Share Equivalents) in connection with (i)&nbsp;any merger, consolidation,
business combination, acquisition or other transaction, or series of related transactions, by the Company with another Person whereby
the Company acquires 50% or more of the outstanding equity interests or outstanding voting power of such other Person, or (ii)&nbsp;the
direct or indirect purchase, lease, license, assignment, transfer, conveyance or other acquisition of all or substantially all of the
assets of another Person; (g)&nbsp;Common Shares or securities convertible into or exercisable or exchangeable for Common Shares (and
the Common Shares issuable upon exercise or exchange of such securities) to collaborators, vendors, manufacturers, supplies, third&ndash;party
service providers, licensors, distributors, customers or other similar parties pursuant to a collaboration, licensing agreement, strategic
alliance, joint venture, manufacturing, supply or distribution arrangement or similar transaction; and (h)&nbsp;securities that would
result in an adjustment to the Exercise Price and/or number of Warrant Shares issuable under this Warrant under Section&nbsp;3 below.</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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Section&nbsp;3</U></FONT>.&nbsp;<U>Certain
Adjustments</U>.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">a)&nbsp;<U>Share
Dividends and Splits</U>. If the Company, at any time while this Warrant is outstanding: (i)&nbsp;pays a share dividend or otherwise makes
a distribution or distributions on Common Shares or any other equity or equity equivalent securities payable in Common Shares (which,
for avoidance of doubt, shall not include any Common Shares issued by the Company upon exercise of this Warrant), (ii)&nbsp;subdivides
outstanding Common Shares into a larger number of shares, (iii)&nbsp;combines (including by way of reverse share split) outstanding Common
Shares into a smaller number of shares, or (iv)&nbsp;issues by reclassification of the Common Shares of the Company, then in each case
the Exercise Price shall be multiplied by a fraction of which the numerator shall be the number of Common Shares (excluding treasury shares,
if any) outstanding immediately before such event and of which the denominator shall be the number of Common Shares outstanding immediately
after such event, and the number of shares issuable upon exercise of this Warrant shall be proportionately adjusted such that the aggregate
Exercise Price of this Warrant shall remain unchanged. Any adjustment made pursuant to this Section&nbsp;3(a)&nbsp;shall become effective
immediately after the record date for the determination of shareholders entitled to receive such dividend or distribution and shall become
effective immediately after the effective date in the case of a subdivision, combination or re-classification.</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: 7; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></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 0pt 0.5in; text-align: justify; text-indent: 0.5in">b)&nbsp;<U>Subsequent
Rights Offerings</U>. In addition to any adjustments pursuant to Section&nbsp;3(a)&nbsp;above, if at any time the Company grants, issues
or sells any Common Share Equivalents or rights to purchase shares, warrants, securities or other property pro rata to the record holders
of any class of Common Shares (the &ldquo;<U>Purchase Rights</U>&rdquo;), then the Holder will be entitled to acquire, upon the terms
applicable to such Purchase Rights, the aggregate Purchase Rights which the Holder could have acquired if the Holder had held the number
of Common Shares acquirable upon complete exercise of this Warrant (without regard to any limitations on exercise hereof, including without
limitation, the Beneficial Ownership Limitation) immediately before the date on which a record is taken for the grant, issuance or sale
of such Purchase Rights, or, if no such record is taken, the date as of which the record holders of Common Shares are to be determined
for the grant, issue or sale of such Purchase Rights (<U>provided</U>,&nbsp;<U>however</U>, that, to the extent that the Holder&rsquo;s
right to participate in any such Purchase Right would result in the Holder exceeding the Beneficial Ownership Limitation, then the Holder
shall not be entitled to participate in such Purchase Right to such extent (or beneficial ownership of such Common Shares as a result
of such Purchase Right to such extent) and such Purchase Right to such extent shall be held in abeyance for the Holder until such time,
if ever, as its right thereto would not result in the Holder exceeding the Beneficial Ownership Limitation).</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">c)&nbsp;<U>Pro Rata
Distributions</U>. Subject to compliance with applicable securities and corporate law, including the constituting documents of the Company,
during such time as this Warrant is outstanding, if the Company shall declare or make any dividend or other distribution of its assets
(or rights to acquire its assets) to holders of Common Shares, by way of return of capital or otherwise (including, without limitation,
any distribution of cash, shares or other securities, property or options by way of a dividend, spin off, reclassification, corporate
rearrangement, scheme of arrangement or other similar transaction, other than such dividends or distributions that result in an adjustment
under Section&nbsp;3(a), (b)&nbsp;or (d)) (a &ldquo;<U>Distribution</U>&rdquo;), at any time after the issuance of this Warrant, then,
in each such case, the Holder shall be entitled to receive an equivalent distribution to such Distribution, in the same form and to the
equivalent extent that the Holder would have participated therein if the Holder had held the number of Common Shares acquirable upon complete
exercise of this Warrant (without regard to any limitations on exercise hereof, including without limitation, the Beneficial Ownership
Limitation) immediately before the date of which a record is taken for such Distribution, or, if no such record is taken, the date as
of which the record holders of Common Shares are to be determined for the participation in such Distribution (<U>provided</U>,&nbsp;<U>however</U>,
that, to the extent that the Holder's right to receive such equivalent distribution to such Distribution would result in the Holder exceeding
the Beneficial Ownership Limitation, then the Holder shall not be entitled to such equivalent distribution to such Distribution to such
extent (or in the beneficial ownership of any Common Shares as a result of such Distribution to such extent) and the portion of such equivalent
distribution shall be held in abeyance for the benefit of the Holder until such time, if ever, as its right thereto would not result in
the Holder exceeding the Beneficial Ownership Limitation)..</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: 8; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></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 0pt 0.5in; text-align: justify; text-indent: 0.5in">d)&nbsp;<U>Fundamental
Transaction</U>. If, at any time while this Warrant is outstanding, (i)&nbsp;the Company, directly or indirectly, in one or more related
transactions effects any arrangement, amalgamation, merger or consolidation of the Company with or into another Person, (ii)&nbsp;the
Company (and all of its Subsidiaries, taken as a whole), directly or indirectly, effects any sale, lease, license, assignment, transfer,
conveyance or other disposition of all or substantially all of its assets in one or a series of related transactions, (iii)&nbsp;any,
direct or indirect, purchase offer, tender offer or exchange offer (whether by the Company or another Person) is completed pursuant to
which holders of Common Shares are permitted to sell, tender or exchange their shares for other securities, cash or property and has been
accepted by the holders of 50% or more of the outstanding Common Shares or 50% or more of the outstanding voting power of the common equity
of the Company, (iv)&nbsp;the Company, directly or indirectly, in one or more related transactions effects any reclassification, reorganization
or recapitalization of the Common Shares or any compulsory share exchange pursuant to which the Common Shares are effectively converted
into or exchanged for other securities, cash or property, including pursuant to an amalgamation or arrangement, or (v)&nbsp;the Company,
directly or indirectly, in one or more related transactions consummates a share or share purchase agreement or other business combination
(including, without limitation, a reorganization, recapitalization, spin-off, merger or scheme of arrangement) with another Person or
group of Persons whereby such other Person or group acquires 50% or more of the outstanding Common Shares or 50% or more of the outstanding
voting power of the common equity of the Company (each a &ldquo;<U>Fundamental Transaction</U>&rdquo;), then, upon any subsequent exercise
of this Warrant, the Holder shall have the right to receive, for each Warrant Share that would have been issuable upon such exercise immediately
prior to the occurrence of such Fundamental Transaction, at the option of the Holder (without regard to any limitation in Section&nbsp;2(e)&nbsp;on
the exercise of this Warrant), the number of Common Shares of the successor or acquiring corporation or of the Company, if it is the surviving
corporation, and any additional consideration (the &ldquo;<U>Alternate Consideration</U>&rdquo;) receivable as a result of such Fundamental
Transaction by a holder of the number of Common Shares for which this Warrant is exercisable immediately prior to such Fundamental Transaction
(without regard to any limitation in Section&nbsp;2(e)&nbsp;on the exercise of this Warrant). For purposes of any such exercise, the determination
of the Exercise Price shall be appropriately adjusted to apply to such Alternate Consideration based on the amount of Alternate Consideration
issuable in respect of one Common Share in such Fundamental Transaction, and the Company shall apportion the Exercise Price among the
Alternate Consideration in a reasonable manner reflecting the relative value of any different components of the Alternate Consideration.
If holders of Common Shares are given any choice as to the securities, cash or property to be received in a Fundamental Transaction, then
the Holder shall be given the same choice as to the Alternate Consideration it receives upon any exercise of this Warrant following such
Fundamental Transaction. The Company shall cause any successor entity in a Fundamental Transaction in which the Company is not the survivor
(the &ldquo;<U>Successor Entity</U>&rdquo;) to assume in writing all of the obligations of the Company under this Warrant in accordance
with the provisions of this Section&nbsp;3(d)&nbsp;pursuant to written agreements in form and substance reasonably satisfactory to the
Holder and approved by the Holder (without unreasonable delay) prior to such Fundamental Transaction and shall, at the option of the Holder,
deliver to the Holder in exchange for this Warrant a security of the Successor Entity evidenced by a written instrument substantially
similar in form and substance to this Warrant which is exercisable for a corresponding number of shares of such Successor Entity (or its
parent entity) equivalent to the Common Shares acquirable and receivable upon exercise of this Warrant (without regard to any limitations
on the exercise of this Warrant) prior to such Fundamental Transaction, and with an exercise price which applies the exercise price hereunder
to such shares (but taking into account the relative value of the Common Shares pursuant to such Fundamental Transaction and the value
of such shares, such number of shares and such exercise price being for the purpose of protecting the economic value of this Warrant immediately
prior to the consummation of such Fundamental Transaction), and which is reasonably satisfactory in form and substance to the Holder.
Upon the occurrence or consummation of any such Fundamental Transaction, the Successor Entity shall succeed to, and be substituted for
(so that from and after the occurrence or consummation of such Fundamental Transaction, the provisions of this Warrant referring to the
 &ldquo;Company&rdquo; shall refer instead to the Successor Entity), and may exercise every right and power of the Company and shall assume
all of the obligations of the Company under this Warrant with the same effect as if such Successor Entity had been named as the Company
herein.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">e)&nbsp;<U>Calculations</U>.
All calculations under this Section&nbsp;3 shall be made to the nearest cent or the nearest 1/100th of a share, as the case may be. For
purposes of this Section&nbsp;3, the number of Common Shares deemed to be issued and outstanding as of a given date shall be the sum of
the number of Common Shares (excluding treasury shares, if any) issued and outstanding.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">f)&nbsp;<U>Voluntary
Adjustment By Company</U>. Subject to the rules&nbsp;and regulations of the Trading Market, the Company may at any time during the term
of this Warrant, subject to the prior written consent of the Holder, reduce the then current Exercise Price to any amount and for any
period of time deemed appropriate by the board of directors of the Company.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">g)&nbsp;<U>Notice
to Holder</U>.</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 0pt 1.5in; text-align: justify; text-indent: 0.5in">i.&nbsp;<U>Adjustment
to Exercise Price</U>. Whenever the Exercise Price is adjusted pursuant to any provision of this Section&nbsp;3, the Company shall promptly
deliver to the Holder by email a notice setting forth the Exercise Price after such adjustment and any resulting adjustment to the number
of Warrant Shares and setting forth a brief statement of the facts requiring such adjustment.</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: 9; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></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 0pt 1.5in; text-align: justify; text-indent: 0.5in">ii.&nbsp;<U>Notice
to Allow Exercise by Holder</U>. If (A)&nbsp;the Company shall declare a dividend (or any other distribution on Common Shares in whatever
form) on the Common Shares, (B)&nbsp;the Company shall declare a special nonrecurring cash dividend on or a redemption of the Common Shares,
(C)&nbsp;the Company shall authorize the granting to all holders of the Common Shares rights or warrants to subscribe for or purchase
any shares of any class or of any rights, (D)&nbsp;the approval of any shareholders of the Company shall be required in connection with
any reclassification of the Common Shares, any consolidation or merger to which the Company (and all of its Subsidiaries, taken as a whole)
is a party, any sale or transfer of all or substantially all of the assets of the Company, or any compulsory share exchange whereby the
Common Shares are converted into other securities, cash or property, or (E)&nbsp;the Company shall authorize the voluntary or involuntary
dissolution, liquidation or winding up of the affairs of the Company, then, in each case, the Company shall cause to be delivered by email
to the Holder at its last email address as it shall appear upon the Warrant Register (as defined below) of the Company, at least 20 calendar
days prior to the applicable record or effective date hereinafter specified, a notice stating (x)&nbsp;the date on which a record is to
be taken for the purpose of such dividend, distribution, redemption, rights or warrants, or if a record is not to be taken, the date as
of which the holders of the Common Shares of record to be entitled to such dividend, distributions, redemption, rights or warrants are
to be determined or (y)&nbsp;the date on which such reclassification, consolidation, merger, sale, transfer or share exchange is expected
to become effective or close, and the date as of which it is expected that holders of the Common Shares of record shall be entitled to
exchange their Common Shares for securities, cash or other property deliverable upon such reclassification, consolidation, merger, sale,
transfer or share exchange; provided that the failure to deliver such notice or any defect therein or in the delivery thereof shall not
affect the validity of the corporate action required to be specified in such notice. Notwithstanding the foregoing, to the extent that
any notice to be provided in this Warrant constitutes, or contains, material, non-public information regarding the Company or any of the
Subsidiaries, the Company may delay such notice until such time as the Company would otherwise make a public announcement of such notice
or information, whether by a Current Report on Form&nbsp;8-K or otherwise. The Holder shall remain entitled to exercise this Warrant during
the period commencing on the date of such notice to the effective date of the event triggering such notice except as may otherwise be
expressly set forth herein.</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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Section&nbsp;4</U></FONT>.&nbsp;<U>Transfer
of Warrant</U>.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">a)&nbsp;<U>Transferability</U>.
This Warrant and all rights hereunder (including, without limitation, any registration rights) are transferable, in whole or in part,
upon surrender of this Warrant at the principal office of the Company or its designated agent, which may be accepted via email, together
with a written assignment of this Warrant substantially in the form attached hereto duly executed by the Holder or its agent or attorney
and funds sufficient to pay any transfer taxes payable upon the making of such transfer, subject to compliance with applicable securities
laws. Upon such surrender and, if required, such payment, the Company shall execute and deliver a new Warrant or Warrants in the name
of the assignee or assignees, as applicable, and in the denomination or denominations specified in such instrument of assignment, and
shall issue to the assignor a new Warrant evidencing the portion of this Warrant not so assigned, and this Warrant shall promptly be cancelled.
Notwithstanding anything herein to the contrary, the Holder shall not be required to physically surrender this Warrant to the Company
unless the Holder has assigned this Warrant in full, in which case, the Holder shall surrender this Warrant to the Company within three
(3)&nbsp;Trading Days of the date on which the Holder delivers an assignment form to the Company assigning this Warrant in full. The Warrant,
if properly assigned in accordance herewith, may be exercised by a new holder for the purchase of Warrant Shares without having a new
Warrant issued. Notwithstanding the foregoing, each Holder hereby covenants and agrees in favour of the Company that it will not sell,
transfer or assign any Warrants or any Warrant Shares to any Canadian resident or any person for subsequent resale to a Canadian resident
for a period of four months and a day after the Issue Date.</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: 10; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></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 0pt 0.5in; text-align: justify; text-indent: 0.5in">b)&nbsp;<U>New Warrants</U>.
This Warrant may be divided or combined with other Warrants upon presentation hereof at the aforesaid office of the Company or its designated
agent, which may be accepted via email, together with a written notice specifying the names and denominations in which new Warrants are
to be issued, signed by the Holder or its agent or attorney. Subject to compliance with Section&nbsp;4(a), as to any transfer which may
be involved in such division or combination, the Company shall execute and deliver a new Warrant or Warrants in exchange for the Warrant
or Warrants to be divided or combined in accordance with such notice. All Warrants issued on transfers or exchanges shall be dated the
original Issue Date and shall be identical with this Warrant except as to the number of Warrant Shares issuable pursuant thereto.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">c)&nbsp;<U>Warrant
Register</U>. The Company shall register this Warrant, upon records to be maintained by the Company or the Transfer Agent for that purpose
(the &ldquo;<U>Warrant Register</U>&rdquo;), in the name of the record Holder hereof from time to time. The Company may deem and treat
the registered Holder of this Warrant as the absolute owner hereof for the purpose of any exercise hereof or any distribution to the Holder,
and for all other purposes, absent actual notice to the contrary.</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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Section&nbsp;5</U></FONT>.&nbsp;<U>Miscellaneous</U>.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">a)&nbsp;<U>No Rights
as Shareholder Until Exercise; No Settlement in Cash</U>. This Warrant does not entitle the Holder to any voting rights, dividends or
other rights as a shareholder of the Company prior to the exercise hereof as set forth in Section&nbsp;2(d)(i), except as expressly set
forth in Section&nbsp;3. Without limiting any rights of a Holder to receive Warrant Shares on a &ldquo;cashless exercise&rdquo; pursuant
to Section&nbsp;2(c)&nbsp;or to receive cash payments pursuant to Section&nbsp;2(d)(i)&nbsp;and Section&nbsp;2(d)(iv)&nbsp;herein, in
no event shall the Company be required to net cash settle an exercise of this Warrant.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">b)&nbsp;<U>Loss,
Theft, Destruction or Mutilation of Warrant</U>. The Company covenants that upon receipt by the Company of evidence reasonably satisfactory
to it of the loss, theft, destruction or mutilation of this Warrant or any share certificate relating to the Warrant Shares, and in case
of loss, theft or destruction, of indemnity or security reasonably satisfactory to it (which, in the case of the Warrant, shall not include
the posting of any bond), and upon surrender and cancellation of such Warrant or share certificate, if mutilated, the Company will make
and deliver a new Warrant or share certificate of like tenor and dated as of such cancellation, in lieu of such Warrant or share 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">c)&nbsp;<U>Saturdays,
Sundays, Holidays,&nbsp;etc</U>. If the last or appointed day for the taking of any action or the expiration of any right required or
granted herein shall not be a Trading Day, then such action may be taken or such right may be exercised on the next succeeding Trading
Day.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">d)&nbsp;<U>Authorized
Shares</U>.</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 0pt 1in; text-align: justify; text-indent: 0.5in">The Company covenants
that, during the period the Warrant is outstanding, it will reserve from its authorized and unissued Common Shares a sufficient number
of Common Shares to provide for the issuance of the Warrant Shares upon the exercise of any purchase rights under this Warrant. The Company
further covenants that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of issuing
the necessary Warrant Shares upon the exercise of the purchase rights under this Warrant. The Company will take all such reasonable action
as may be necessary to assure that such Warrant Shares may be issued as provided herein without violation of any applicable law or regulation,
or of any requirements of the Trading Market upon which the Common Shares may be listed. The Company covenants that all Warrant Shares
which may be issued upon the exercise of the purchase rights represented by this Warrant will, upon exercise of the purchase rights represented
by this Warrant and payment for such Warrant Shares in accordance herewith, be duly authorized, validly issued, fully paid and nonassessable
and free from all taxes, liens and charges created by the Company in respect of the issue thereof (other than taxes in respect of any
transfer occurring contemporaneously with such issue).</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: 11; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></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 0pt 1in; text-align: justify; text-indent: 0.5in">Except and to the
extent as waived or consented to by the Holder, the Company shall not by any action, including, without limitation, amending its certificate
of incorporation or through any reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities or
any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms of this Warrant, but will at all
times in good faith assist in the carrying out of all such terms and in the taking of all such actions as may be necessary or appropriate
to protect the rights of Holder as set forth in this Warrant against impairment. Without limiting the generality of the foregoing, the
Company will (i)&nbsp;not increase the par value of any Warrant Shares above the amount payable therefor upon such exercise immediately
prior to such increase in par value, (ii)&nbsp;take all such action as may be necessary or appropriate in order that the Company may validly
and legally issue fully paid and nonassessable Warrant Shares upon the exercise of this Warrant and (iii)&nbsp;use commercially reasonable
efforts to obtain all such authorizations, exemptions or consents from any public regulatory body having jurisdiction thereof, as may
be, necessary to enable the Company to perform its obligations under this Warrant.</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 0pt 1in; text-align: justify; text-indent: 0.5in">Before taking any
action which would result in an adjustment in the number of Warrant Shares for which this Warrant is exercisable or in the Exercise Price,
the Company shall obtain all such authorizations or exemptions thereof, or consents thereto, as may be necessary from any public regulatory
body or bodies having jurisdiction thereof.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">e)&nbsp;<U>Jurisdiction</U>.
All questions concerning the construction, validity, enforcement and interpretation of this Warrant shall be determined in accordance
with the provisions of the Purchase Agreement.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">f)&nbsp;<U>Restrictions</U>.
The Holder acknowledges that the Warrant Shares acquired upon the exercise of this Warrant, if not registered, and the Holder does not
utilize cashless exercise, will have restrictions upon resale imposed by state and federal securities laws.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">g)&nbsp;<U>Nonwaiver
and Expenses</U>. No course of dealing or any delay or failure to exercise any right hereunder on the part of Holder shall operate as
a waiver of such right or otherwise prejudice the Holder&rsquo;s rights, powers or remedies. Without limiting any other provision of this
Warrant or the Purchase Agreement, if the Company willfully and knowingly fails to comply with any provision of this Warrant, which results
in any material damages to the Holder, the Company shall pay to the Holder such amounts as shall be sufficient to cover any costs and
expenses including, but not limited to, reasonable attorneys&rsquo; fees, including those of appellate proceedings, incurred by the Holder
in collecting any amounts due pursuant hereto or in otherwise enforcing any of its rights, powers or remedies hereunder.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in; background-color: white">h)&nbsp;<U>Notices</U>.
Any notices, consents, waivers or other document or communications required or permitted to be given or delivered under the terms of this
Warrant must be in writing and will be deemed to have been delivered: (i)&nbsp;upon receipt, if delivered personally; (ii)&nbsp;when sent,
if sent by&nbsp;e-mail&nbsp;(provided that such sent&nbsp;e-mail&nbsp;is kept on file (whether electronically or otherwise) by the sending
party and the sending party does not receive an automatically generated message from the recipient&rsquo;s e-mail server that such e-mail
could not be delivered to such recipient) and (iii)&nbsp;if sent by overnight courier service, one (1)&nbsp;Trading Day after deposit
with an overnight courier service with next day delivery specified, in each case, properly addressed to the party to receive the same.
If notice is given by email, a copy of such notice shall be dispatched no later than the next business day by first class mail, postage
prepaid. The addresses and e-mail addresses for such communications shall be:</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: top">
    <TD STYLE="padding-left: 48pt; font-size: 10pt; width: 100%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If to the Company:</FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">c/o DuMoulin Black LLP</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">TMC the metals company Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">595 Howe Street, 10th Floor</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">Vancouver, British Columbia, V6C 2T5</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Attention: Chief Financial Officer</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 1in; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Email: craig@metals.co</FONT></TD></TR>
</TABLE>

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

<P STYLE="margin: 0"></P>

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

<P STYLE="margin: 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: top">
    <TD STYLE="padding-left: 48pt; font-size: 10pt; width: 100%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">With a copy (for informational purposes only) to:</FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 1in; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 1in; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">One Financial Center</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 1in; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Boston, MA 02111</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 1in; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">E-mail:&nbsp;dtkajunski@mintz.com</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 1in; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Attention: Daniel Kajunski,&nbsp;Esq.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; background-color: white">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; background-color: white">If to a Holder, to its address
or&nbsp;e-mail&nbsp;address set forth herein or on the books and records of the Company.</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 0pt 0.25in; text-align: justify; text-indent: 0.25in; background-color: white">Or,
in each of the above instances, to such other address or&nbsp;e-mail&nbsp;address and/or to the attention of such other Person as the
recipient party has specified by written notice given to each other party at least five (5)&nbsp;days prior to the effectiveness of such
change. Written confirmation of receipt (A)&nbsp;given by the recipient of such notice, consent, waiver or other communication or (B)&nbsp;provided
by an overnight courier service shall be rebuttable evidence of personal service, receipt from an overnight courier service in accordance
with clause (i)&nbsp;or (iii)&nbsp;above, respectively. A copy of the&nbsp;e-mail&nbsp;transmission containing the time, date and recipient&nbsp;e-&nbsp;mail
address shall be rebuttable evidence of receipt by&nbsp;e-mail&nbsp;in accordance with clause (ii)&nbsp;above.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">i)&nbsp;<U>Limitation
of Liability</U>. No provision hereof, in the absence of any affirmative action by the Holder to exercise this Warrant to purchase Warrant
Shares, and no enumeration herein of the rights or privileges of the Holder, shall give rise to any liability of the Holder for the purchase
price of any Common Shares or as a shareholder of the Company, whether such liability is asserted by the Company or by creditors of the
Company.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">j)&nbsp;<U>Remedies</U>.
The Holder, in addition to being entitled to exercise all rights granted by law, including recovery of damages, will be entitled to specific
performance of its rights under this Warrant. The Company agrees that monetary damages would not be adequate compensation for any loss
incurred by reason of a breach by it of the provisions of this Warrant and hereby agrees to waive and not to assert the defense in any
action for specific performance that a remedy at law would be adequate.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">k)&nbsp;<U>Successors
and Assigns</U>. Subject to applicable securities laws, this Warrant and the rights and obligations evidenced hereby shall inure to the
benefit of and be binding upon the successors and permitted assigns of the Company and the successors and permitted assigns of Holder.
The provisions of this Warrant are intended to be for the benefit of any Holder from time to time of this Warrant and shall be enforceable
by the Holder or holder of Warrant Shares.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">l)&nbsp;<U>Amendment</U>.
This Warrant may be modified or amended or the provisions hereof waived with the written consent of the Company and the Holder.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">m)&nbsp;<U>Severability</U>.
Wherever possible, each provision of this Warrant shall be interpreted in such manner as to be effective and valid under applicable law,
but if any provision of this Warrant shall be prohibited by or invalid under applicable law, such provision shall be ineffective to the
extent of such prohibition or invalidity, without invalidating the remainder of such provisions or the remaining provisions of this Warrant.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">n)&nbsp;<U>Headings</U>.
The headings used in this Warrant are for the convenience of reference only and shall not, for any purpose, be deemed a part of this Warrant.</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">********************</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"><I>(Signature Page&nbsp;Follows)</I></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: 13; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></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: justify; text-indent: 1in">IN WITNESS WHEREOF, the Company
has caused this Warrant to be executed by its officer thereunto duly authorized as of the date first above indicated.</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="text-transform: uppercase"><B>TMC THE METALS COMPANY INC.</B></FONT></TD><TD STYLE="text-align: justify">&nbsp;</TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD COLSPAN="2" STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD COLSPAN="2" STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: left; width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
<TD STYLE="border-bottom: Black 1pt solid; text-align: left; width: 47%">&nbsp;</TD><TD STYLE="text-align: justify; width: 50%">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: left">&nbsp;</TD>
<TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: left">&nbsp;</TD>
<TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD><TD STYLE="text-align: justify">&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; text-align: center">[Signature page&nbsp;to Class&nbsp;A Common Warrant]</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: 14 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"></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-top: 0pt; margin-bottom: 0pt; text-align: center"><B>NOTICE OF EXERCISE</B></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 1in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">TO:</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">TMC
the metals company Inc.</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; text-indent: 1in">(1)&nbsp;The undersigned hereby
elects to purchase ________ Warrant Shares of the Company pursuant to the terms of the attached Warrant (to be delivered only if exercised
in full), and tenders herewith payment of the exercise price in full, together with all applicable transfer taxes, if any.</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: 1in">(2)&nbsp;Payment shall take
the form of (check applicable box):</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 0pt 1.5in; text-align: justify">  <FONT STYLE="font-family: Wingdings">&#168;</FONT>&#8239;&#8239;in lawful money of the United States;
or</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 0pt 1.5in; text-align: justify">  <FONT STYLE="font-family: Wingdings">&#168;</FONT>&#8239;&#8239;if permitted the cancellation of
such number of Warrant Shares as is necessary, in accordance with the formula set forth in subsection 2(c), to exercise this Warrant with
respect to the maximum number of Warrant Shares purchasable pursuant to the cashless exercise procedure set forth in subsection 2(c).</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: 1in">(3)&nbsp;Please issue said Warrant
Shares in the name of the undersigned or in such other name as is specified below:</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: 1.5in">_______________________________</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 Warrant Shares shall be delivered to the following
DWAC Account Number:</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: 1.5in">_______________________________</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: 1.5in">_______________________________</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: 1.5in">_______________________________</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-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="text-transform: uppercase">[SIGNATURE
OF HOLDER]</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 1.6in; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name of Investing Entity: </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3.3in; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Signature of Authorized Signatory of Investing Entity</I></FONT>:</TD>
    <TD STYLE="border-bottom: black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 1.9in; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name of Authorized Signatory:</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 1.9in; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title of Authorized Signatory:</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date:</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-size: 10pt">&nbsp;</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"></P>

<!-- Field: Page; Sequence: 15 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"></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; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ASSIGNMENT FORM</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 0pt 0.25in"><I>(To assign the foregoing Warrant, execute this form and supply required
information. Do not use this form to purchase shares.)</I></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 0pt 0.25in">FOR VALUE RECEIVED, the foregoing Warrant and all rights evidenced
thereby are hereby assigned to</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: 80%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 79%; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Please Print)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Address:</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Please Print)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Phone Number:</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Email Address:</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated: </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&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">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 80%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Holder&rsquo;s Signature:</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 79%; border-bottom: black 1pt solid">&nbsp;</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: 80%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Holder&rsquo;s Address:</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 79%; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 16; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"></P></DIV>
    <!-- Field: /Page -->

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

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>3
<FILENAME>tm2323509d2_ex5-1.htm
<DESCRIPTION>EXHIBIT 5.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin: 0"><B>Exhibit&nbsp;5.1</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-top: 0pt; margin-bottom: 0pt; text-align: center"><IMG SRC="tm2323509d2_ex5-1img001.jpg" ALT=""></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">August&nbsp;14, 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">TMC the metals company Inc.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Vancouver, British Columbia, V6C 2T5</P>

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

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left"><B>Re:</B></TD><TD STYLE="text-align: justify"><B>TMC the metals company Inc. &ndash; Form&nbsp;S-3</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">Ladies and Gentlemen:</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">We have acted as British
Columbia counsel to TMC the metals company Inc. (the &ldquo;<B>Corporation</B>&rdquo;) in connection with the preparation and filing
with the Securities and Exchange Commission (the &ldquo;<B>Commission</B>&rdquo;) of a Prospectus Supplement, dated August 14, 2023
(the &ldquo;<B>Prospectus Supplement</B>&rdquo;), to a Registration Statement (File No. 333-267479) on Form S-3 (the
&ldquo;<B>Registration Statement</B>&rdquo;), filed by the Corporation with the Commission under the <I>Securities Act of 1933</I>,
as amended (the &ldquo;<B>Securities Act</B>&rdquo;). The Prospectus Supplement relates to the offering of an aggregate of
18,961,540 common shares of the Corporation (the &ldquo;<B>Offered Shares</B>&rdquo;) of the Corporation&rsquo;s common shares
without par value (the &ldquo;<B>Common Shares</B>&rdquo;), and Class A Common Share purchase warrants (the
&ldquo;<B>Warrants</B>&rdquo;) to purchase an aggregate of 9,480,770 Common Shares (the &ldquo;<B>Warrant Shares</B>&rdquo;, and
together with the Offered Shares, and the Warrants, the &ldquo;<B>Securities</B>&rdquo;) pursuant to a securities purchase agreement
(the &ldquo;<B>SPA</B>&rdquo;) dated August 14, 2023 between the Corporation and the purchasers named therein (the
&ldquo;<B>Offering</B>&rdquo;). This opinion is being rendered in connection with the filing of the Prospectus Supplement with the
Commission. All capitalized terms used herein and not otherwise defined shall have the respective meanings given to them in the
Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">We have examined and relied
upon (a) the Registration Statement, (b) the Prospectus Supplement, (c) the SPA, (d) the form of instrument representing and setting out
the terms of the Warrants, (the &ldquo;<B>Warrant Instrument</B>&rdquo;), (e) a certificate of an officer of the Corporation dated the
date hereof, certifying certain factual matters including, among other things: the constating documents of the Corporation, the incumbency
of certain officers and directors of the Corporation, and resolutions passed by the directors of the Corporation, approving, among other
things, the Offering and the completion of the transactions contemplated therein, (f) a certificate of good standing dated August&nbsp;12,
2023 issued pursuant to the <I>Business Corporations Act</I> (British Columbia) with respect of the Corporation, and (g) originals or
copies certified to our satisfaction of such records, documents, certificates, memoranda and other instruments as in our judgment are
necessary or appropriate to enable us to render the opinion expressed below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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

<!-- Field: Page; Sequence: 1; Options: NewSection; Value: 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="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Page&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></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: justify; text-indent: 0.5in">We have assumed the authenticity
of all documents submitted to us as originals, the genuineness of all signatures and the conformity to authentic originals of all documents
submitted to us as copies and that all facts set forth in official public records and certificates and other documents supplied by public
officials or otherwise conveyed to us by public officials are complete, true and accurate as of, and at all material times prior to, the
date of this opinion letter. We have also assumed the legal capacity for all purposes relevant hereto of all natural persons. In making
our examination of executed documents or documents to be executed, we have assumed that the parties thereto, including the Corporation,
had or will have the power, corporate or other, to enter into and perform all obligations thereunder and have also assumed the due authorization
by all requisite action, corporate or other, and execution and delivery by such parties of such documents and, the validity and binding
effect on all such parties. We have assumed that the Warrant Instruments will be executed and delivered substantially in the form of such
instrument we have examined. In our capacity as counsel to the Corporation in connection with the registration of the Registration Statement,
we are familiar with the proceedings taken and proposed to be taken by the Corporation in connection with the authorization and issuance
of the Securities. For purposes of this opinion, we have assumed that such proceedings will be timely and properly completed, in accordance
with all requirements of the Applicable Law (as defined below), in the manner presently proposed. As to questions of fact material to
our opinions, we have relied upon certificates of officers of the Corporation and of public officials.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Our opinion herein is limited
to the laws of the Province of British Columbia and the federal laws of Canada applicable therein now in effect (the &ldquo;<B>Applicable
Law</B>&rdquo;). We express no opinion as to whether the laws of any particular jurisdiction other than those identified above are applicable
to the subject matter hereof. We assume no obligation to revise or supplement this opinion should any applicable laws be changed subsequent
to the date hereof by legislative action, judicial decision or otherwise or if there is a change in any fact or facts after the date hereof.
Where our opinion refers to any of the Securities as being &ldquo;fully paid and non-assessable&rdquo;, no opinion is expressed as to
actual receipt by the Corporation of the consideration for the issuance of such shares or as to the adequacy of any consideration received.</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">In rendering our opinions
set forth herein, we have also assumed that, at the time of any offer and sale of Securities, (i) the Corporation has been duly organized
and is validly existing and in good standing, and has the requisite legal status and legal capacity, under the laws of the Province of
British Columbia; (ii) the Corporation has complied and will comply with the laws of all relevant jurisdictions in connection with the
transactions contemplated by, and the performance of its obligations under, the Registration Statement; (iii) the Registration Statement
and the Prospectus Supplement and any amendments thereto (including any post-effective amendments thereto) has become effective under
the Securities Act; (iv) that the Prospectus Supplement has been prepared, delivered and filed in compliance with the Securities Act and
the applicable rules and regulations thereunder; (v) that the SPA has be filed with the United States Securities and Exchange Commission
on a Current Report on Form 8-K or other applicable periodic report in the manner contemplated in the Registration Statement or the Prospectus
Supplement; (vi) that the Securities will be issued and sold in compliance with applicable U.S. federal and state securities laws and
in the manner stated in the Registration Statement and the Prospectus Supplement; and (vii) with respect to our opinion as to the Offered
Shares and the Warrant Shares, we have assumed that, at the time of issuance and sale, a sufficient number of Common Shares are authorized
and available for issuance under the maximum number of Common Shares the Corporation is authorized to issue and that the consideration
for the issuance and sale of the Offered Shares and the Warrant Shares is in an amount that is not less than the par value of the Common
Shares, if any. As to any facts material to our opinion, we have made no independent investigation of such facts and have relied, to the
extent that we deem such reliance proper, upon certificates of public officials and officers or other representatives of the Corporation.
We assume, based on advise previously received from the Corporation, that the applicable agreements relating to any of the Securities
will be governed by the laws of a jurisdiction outside of Canada.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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

<!-- Field: Page; Sequence: 2; Value: 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="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Page&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></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: justify; text-indent: 0.5in">Based on and subject to the
foregoing assumptions and qualifications we are of the opinion that:</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: 1in">1.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;With
respect to the issuance of any Offered Shares, when upon payment in full therefor and issuance thereof in accordance with the SPA and
the Prospectus Supplement, the Offered Shares will be validly issued as fully paid and non-assessable Common Shares of the Corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Warrant Shares have been duly and validly authorized and allotted for issuance and, upon the due exercise of the Warrants in accordance
with the terms of the SPA, the Prospectus Supplement and the applicable Warrant Instruments, and upon payment of the exercise price in
full therefor, the Warrant Shares issuable upon exercise of the Warrants will be validly issued as fully paid and non-assessable Common
Shares of the Corporation.</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

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

<!-- Field: Page; Sequence: 3 -->
    <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: justify; text-indent: 0.5in">We hereby consent to the use
of our name in, and the filing of this opinion as an exhibit to, the Registration Statement and to reference the firm&rsquo;s name under
the caption &ldquo;Legal Matters&rdquo; in the Prospectus Supplement. In giving this consent, we do not thereby admit that we are in the
category of persons whose consent is required under the Securities Act or the rules&nbsp;and regulations promulgated thereunder. This
opinion is expressed as of the date hereof unless otherwise expressly stated, and we disclaim any undertaking to advise you of any subsequent
changes of the facts stated or assumed herein or any subsequent changes in Applicable Law.</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
  <TD STYLE="width: 50%">&nbsp;</TD>
  <TD STYLE="width: 50%">Yours truly,</TD></TR>
<TR STYLE="vertical-align: top">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
  <TD>&nbsp;</TD>
  <TD>/s/ Fasken Martineau DuMoulin LLP</TD></TR>
<TR STYLE="vertical-align: top">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
  <TD>&nbsp;</TD>
  <TD>Fasken Martineau DuMoulin LLP</TD></TR>
</TABLE>


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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 4; 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="margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.2
<SEQUENCE>4
<FILENAME>tm2323509d2_ex5-2.htm
<DESCRIPTION>EXHIBIT 5.2
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin: 0"><B>Exhibit 5.2</B></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: top">
    <TD STYLE="white-space: nowrap; width: 50%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 20%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><IMG SRC="tm2323509d2_ex5-2img001.jpg" ALT="" STYLE="height: 107px; width: 84px"></FONT></TD>
    <TD STYLE="width: 30%; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">One Financial Center<BR>
Boston, MA&nbsp;02111<BR>
617 542 6000<BR>
mintz.com</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">August&nbsp;14, 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">TMC the metals company Inc.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Vancouver, British Columbia V6C 2T5</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">Ladies and Gentlemen:</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">We have acted as U.S.
legal counsel to TMC the metals company Inc., a corporation continued under the laws of the Province of British Columbia, Canada
(the &ldquo;Company&rdquo;), in connection with the preparation and filing with the Securities and Exchange Commission (the
 &ldquo;Commission&rdquo;) of a Prospectus Supplement, dated August 14, 2023, to a Prospectus, dated October 14, 2022 (collectively,
the &ldquo;Prospectus and Prospectus Supplement&rdquo;), filed pursuant to a Registration Statement on Form S-3, Registration No.
333-267479 (the &ldquo;Registration Statement&rdquo;), pursuant to which the Company is offering for sale under the Securities Act
of 1933, as amended (the &ldquo;Securities Act&rdquo;), 18,961,540 common shares of the Company (the &ldquo;Shares&rdquo;), without
par value (the &ldquo;Common Shares&rdquo;), and accompanying Class A warrants to purchase up to 9,480,770 Common Shares (the
 &ldquo;Class A Warrants&rdquo;, and together with the Shares, the &ldquo;Securities&rdquo;). The Securities are being sold pursuant
to a Securities Purchase Agreement, dated as of August 14, 2023, among the Company and the purchasers named therein (the
 &ldquo;Purchase Agreement&rdquo;), pursuant to which the Company may issue and sell the Securities pursuant to the Registration
Statement and the Prospectus and Prospectus Supplement. The forms of the Purchase Agreement <FONT STYLE="text-underline-style: double">and </FONT>the
Class A Warrant will be filed as an exhibit to a Current Report on Form 8-K and incorporated by reference into the Registration
Statement. This opinion is being furnished at the request of the Company and in accordance with the requirements of Item 601(b)(5)
of Regulation S-K under the Act.</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">In connection with this opinion,
we have examined the certificate of continuation, the notice of articles and the articles of the Company, each as currently in effect,
such other records of the corporate proceedings of the Company and certificates of the Company&rsquo;s officers as we have deemed relevant,
as well as the Registration Statement and the exhibits thereto and the Prospectus and Prospectus Supplement, the Purchase Agreement <FONT STYLE="text-underline-style: double">and
</FONT>the Class A Warrant.</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">In our examination, we have
assumed the genuineness of all signatures, the legal capacity of natural persons, the authenticity of all documents submitted to us as
originals, the conformity to original documents of all documents submitted to us as certified, photostatic or facsimile copies and the
authenticity of the originals of such copies and the truth and correctness of any representations and warranties contained therein.</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">Based upon the foregoing, and subject to the limitations set forth
below, we are of the opinion that the Class A Warrants, when duly executed by the Company and delivered to the purchasers thereof against
payment therefor as contemplated in the Purchase Agreement, the Registration Statement, the Prospectus and the Prospectus Supplement,
will be valid and binding obligations of the Company enforceable against the Company in accordance with their terms, subject to bankruptcy,
insolvency, fraudulent transfer, reorganization, moratorium and other laws of general applicability relating to or affecting creditors&rsquo;
rights and to general equity principles.</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">Our opinion is expressed only with respect to the federal laws of the
United States, the laws of the Commonwealth of Massachusetts and the State of New York. We express no opinion to the extent that any other
laws are applicable to the subject matter hereof and express no opinion and provide no assurance as to compliance with any federal or
state securities law, rule or regulation. This opinion is based upon currently existing statutes, rules, regulations and judicial decisions,
and we disclaim any obligation to advise you of any change in any of these sources of law or subsequent legal or factual developments
which might affect any matters or opinions set forth herein. With respect to all matters of the laws of the Province of British Columbia
and the federal laws of Canada applicable therein, we understand that you are relying upon the opinion, dated the date hereof, of Canadian
counsel to the Company, and our opinion is subject to the same assumptions, qualifications and limitations with respect to such matters
as are contained in such opinion of Canadian counsel and assumes the due authorization, execution and delivery of the Class A Warrants
by the Company, and assuming the securities issuable upon exercise of such Class A Warrants have been duly authorized and reserved for
issuance by all necessary corporate action.</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="font-size: 5pt; vertical-align: top">
    <TD STYLE="font-size: 5pt; border-top: Black 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-size: 5pt; border-top: Black 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-size: 5pt; border-top: Black 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-size: 5pt; border-top: Black 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-size: 5pt; border-top: Black 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-size: 5pt; border-top: Black 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-size: 5pt; border-top: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; text-transform: uppercase">Boston</FONT></TD>
    <TD STYLE="width: 14%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; text-transform: uppercase">Los Angeles</FONT></TD>
    <TD STYLE="width: 15%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; text-transform: uppercase">New York</FONT></TD>
    <TD STYLE="width: 14%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; text-transform: uppercase">San Diego</FONT></TD>
    <TD STYLE="width: 15%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; text-transform: uppercase">San Francisco</FONT></TD>
    <TD STYLE="width: 14%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; text-transform: uppercase">toronto</FONT></TD>
    <TD STYLE="width: 14%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; text-transform: uppercase">Washington</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-variant: small-caps">MINTZ,
LEVIN, COHN, FERRIS, GLOVSKY AND POPEO, P.C.</FONT></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"></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>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>MINTZ</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">August&nbsp;14, 2023</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Page&nbsp;2</P></TD>
    <TD STYLE="text-align: right; width: 50%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><IMG SRC="tm2323509d2_ex5-2img002.jpg" ALT="" STYLE="height: 55px; width: 43px"></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; text-indent: 0.5in">We have relied as to certain
matters on information obtained from public officials, officers of the Company, and other sources believed by us to be responsible.</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">We hereby consent to the filing
of this opinion as an exhibit to a Current Report on Form&nbsp;8-K in accordance with the requirements of Item 601(b)(5)&nbsp;of Regulation
S-K under the Securities Act and to the use of this firm&rsquo;s name therein and in the Prospectus and Prospectus Supplement under the
caption &ldquo;Legal Matters.&rdquo; In giving such consent, we do not hereby admit that we are in the category of persons whose consent
is required under Section&nbsp;7 of the Securities Act or the rules&nbsp;and regulations of the Commission.</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Very truly yours,</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mintz, Levin, Cohn, Ferris, Glovsky&nbsp;&amp; Popeo, P.C.</FONT></TD></TR>
  </TABLE>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 2; 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="margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>5
<FILENAME>tm2323509d2_ex10-1.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin: 0"><B>Exhibit 10.1</B></P>

<P STYLE="margin: 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>SECURITIES
PURCHASE AGREEMENT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Securities Purchase
Agreement (this &ldquo;<U>Agreement</U>&rdquo;) is dated as of August 14, 2023, between TMC the metals company Inc., a company existing
under the laws of the Province of British Columbia (the &ldquo;<U>Company</U>&rdquo;), and each purchaser identified on the signature
pages hereto (each, including its successors and assigns, a &ldquo;<U>Purchaser</U>&rdquo; and collectively the &ldquo;<U>Purchasers</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, subject to the terms
and conditions set forth in this Agreement and pursuant to an effective registration statement under the Securities Act (as defined below),
the Company desires to issue and sell to each Purchaser, and each Purchaser, severally and not jointly, desires to purchase from the Company,
securities of the Company as more fully described in this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">NOW, THEREFORE,&#8239;IN CONSIDERATION
of the mutual covenants contained in this Agreement, and for other good and valuable consideration the receipt and adequacy of which are
hereby acknowledged, the Company and each Purchaser agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>ARTICLE&#8239;I.</B></FONT><BR>
DEFINITIONS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.1</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Definitions</U>.
In addition to the terms defined elsewhere in this Agreement, for all purposes of this Agreement, the following terms have the meanings
set forth in this Section&#8239;1.1:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Acquiring Person</U>&rdquo;
shall have the meaning ascribed to such term in Section&#8239;4.5.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Action</U>&rdquo;
shall have the meaning ascribed to such term in Section&#8239;3.1(j).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Affiliate</U>&rdquo;
means any Person that, directly or indirectly through one or more intermediaries, controls or is controlled by or is under common control
with a Person as such terms are used in and construed under Rule&#8239;405 under the Securities Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Board
of Directors</U>&rdquo; means the board of directors of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Business
Day</U>&rdquo; means any day other than Saturday, Sunday or other day on which commercial banks in The City of New York are authorized
or required by law to remain closed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<U>Class&#8239;A
Purchase Warrants</U>&rdquo; means, collectively, the Class&#8239;A purchase warrants delivered to the Purchasers at the Closing in accordance
with Section&#8239;2.2(a)&#8239;hereof, which warrants shall be exercisable on or after the issuance thereof and have a term of exercise
until December&#8239;31, 2027, </FONT>with such further terms as set out in the warrant instrument in the form of <U>Exhibit&#8239;A</U>
attached hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&#8239;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Closing</U>&rdquo;
means the closing of the purchase and sale of the Securities pursuant to Section&#8239;2.1.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Closing
Date</U>&rdquo; means the Trading Day on which all of the Transaction Documents have been executed and delivered by the applicable parties
thereto, and all conditions precedent to (i)&#8239;the Purchasers&rsquo; obligations to pay the Subscription Amount and (ii)&#8239;the Company&rsquo;s
obligations to deliver the Securities, in each case, have been satisfied or waived, but in no event later than the second (2<SUP>nd</SUP>)
Trading Day following the date hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Commission</U>&rdquo;
means the United States Securities and Exchange Commission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Common
Shares</U>&rdquo; means the common shares of the Company, no par value per share, and any other class of securities into which such securities
may hereafter be reclassified or changed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Common
Share Equivalents</U>&rdquo; means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire
at any time Common Shares, including, without limitation, any debt, preferred shares, right, option, warrant or other instrument that
is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive Common Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Environmental
Laws</U>&rdquo; shall have the meaning assigned to such term in Section&#8239;3.1(m).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Evaluation
Date</U>&rdquo; shall have the meaning ascribed to such term in Section&#8239;3.1(s).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Exchange
Act</U>&rdquo; means the Securities Exchange Act of 1934, as amended, and the rules&#8239;and regulations promulgated thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>FCPA</U>&rdquo;
means the Foreign Corrupt Practices Act of 1977, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>GAAP</U>&rdquo;
shall have the meaning ascribed to such term in Section&#8239;3.1(h).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Hazardous
Materials</U>&rdquo; shall have the meaning assigned to such term in Section&#8239;3.1(m).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Intellectual
Property Rights</U>&rdquo; shall have the meaning ascribed to such term in Section&#8239;3.1(p).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Liens</U>&rdquo;
means a lien, charge, pledge, security interest, encumbrance, right of first refusal, preemptive right or other restriction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Material
Adverse Effect</U>&rdquo; shall have the meaning assigned to such term in Section&#8239;3.1(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Material
Permits</U>&rdquo; shall have the meaning ascribed to such term in Section&#8239;3.1(n).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&#8239;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&#8239;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&#8239;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Per Share
Purchase Price</U>&rdquo; equals $2.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations
and other similar transactions of the Common Shares that occur after the date of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Person</U>&rdquo;
means an individual or corporation, partnership, trust, incorporated or unincorporated association, joint venture, limited liability company,
joint stock company, government (or an agency or subdivision thereof) or other entity of any kind.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Proceeding</U>&rdquo;
means an action, claim, suit, investigation or proceeding (including, without limitation, a partial proceeding, such as a deposition),
whether commenced or threatened in writing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Prospectus</U>&rdquo;
means the base prospectus included in the Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Prospectus
Supplement</U>&rdquo; means the supplement to the Prospectus complying with Rule&#8239;424(b)&#8239;of the Securities Act that will be filed
with the Commission in connection with the offer and sale of the Securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Purchaser
Party</U>&rdquo; shall have the meaning ascribed to such term in Section&#8239;4.8.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Registration
Statement</U>&rdquo; means the effective shelf registration statement on Form&#8239;S-3 on file with Commission (File No.&#8239;333-267479),
as amended, which registers the sale of the Securities to the Purchasers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Required
Approvals</U>&rdquo; shall have the meaning ascribed to such term in Section&#8239;3.1(e).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Rule&#8239;424</U>&rdquo;
means Rule&#8239;424 promulgated by the Commission pursuant to the Securities Act, as such Rule&#8239;may be amended or interpreted from
time to time, or any similar rule&#8239;or regulation hereafter adopted by the Commission having substantially the same purpose and effect
as such Rule.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>SEC Reports</U>&rdquo;
shall have the meaning ascribed to such term in Section&#8239;3.1(h).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Securities</U>&rdquo;
means the Shares, the Warrants and the Warrant Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Securities
Act</U>&rdquo; means the Securities Act of 1933, as amended, and the rules&#8239;and regulations promulgated thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Shares</U>&rdquo;
means Common Shares issued or issuable to each Purchaser pursuant to this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Short
Sales</U>&rdquo; means all &ldquo;short sales&rdquo; as defined in Rule&#8239;200 of Regulation SHO under the Exchange Act (but shall not
be deemed to include locating and/or borrowing Common Shares).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

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

<!-- Field: Page; Sequence: 3; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&#8239;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&#8239;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&#8239;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Subscription
Amount</U>&rdquo; means, as to each Purchaser, the aggregate amount to be paid for Shares and Class&#8239;A Purchase Warrants, as the case may be, purchased hereunder as specified below such Purchaser&rsquo;s name on the
signature page&#8239;of this Agreement and next to the heading &ldquo;Subscription Amount,&rdquo; in United States dollars and in immediately
available funds.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Subsidiary</U>&rdquo;
means any subsidiary of the Company as set forth in the SEC Reports, and shall, where applicable, also include any direct or indirect
subsidiary of the Company formed or acquired after the date hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Trading
Day</U>&rdquo; means a day on which the principal Trading Market is open for trading.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Trading
Market</U>&rdquo; means any of the following markets or exchanges on which the Common Shares are listed or quoted for trading on the date
in question: the NYSE American, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market, the New York Stock
Exchange, OTCQB or OTCQX (or any successors to any of the foregoing).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Transaction
Documents</U>&rdquo; means this Agreement, the Warrants, all exhibits and schedules thereto and hereto and any other documents or agreements
executed with the Purchasers in connection with the transactions contemplated hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Transfer
Agent</U>&rdquo; means Continental Stock Transfer&#8239;&amp; Trust Company, the current transfer agent of the Company, and any successor
transfer agent of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Warrants</U>&rdquo;
means the Class&#8239;A Purchase Warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;<U>Warrant
Shares</U>&rdquo; means the Common Shares issuable upon exercise of the Warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

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

<!-- Field: Page; Sequence: 4; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&#8239;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&#8239;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&#8239;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>ARTICLE&#8239;II.</B></FONT><BR>
PURCHASE AND SALE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.1</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Closing.
On the Closing Date, upon the terms and subject to the conditions set forth herein, substantially concurrent with the execution and
delivery of this Agreement by the parties hereto, the Company agrees to sell, and the Purchasers, severally and not jointly, agree
to purchase, up to an aggregate of $37,923,080 of Shares and Class A Purchase Warrants. Each Purchaser&rsquo;s Subscription Amount
as set forth on the signature page hereto executed by such Purchaser shall be made available for &ldquo;Delivery Versus
Payment&rdquo; settlement with the Company or its designee. The Company shall deliver to each Purchaser its respective Shares and a
Class A Purchase Warrant, as determined pursuant to Section 2.2(a), and the Company and each Purchaser shall deliver the other items
set forth in Section 2.2 at the Closing. Upon satisfaction of the covenants and conditions set forth in Sections 2.2 and 2.3, the
Closing shall occur at the offices of Mintz, Levin, Cohn, Ferris, Glovsky &amp; Popeo, P.C. or such other location as the parties
shall mutually agree. After the Closing, (a) [_____] shall purchase and the Company shall sell and issue to [_____] (each an
 &ldquo;Additional [_____] Closing&rdquo;) such number of Shares and accompanying Class A Purchase Warrants on such dates set forth
on the signature page hereto executed by [_____] (each such date, an &ldquo;Additional [_____] Closing Date&rdquo;) and (b) [_____],
or its designees (&ldquo;[_____]&rdquo;) may purchase, at its sole election, and the Company shall sell and issue to [_____] if so
elected by [_____] (the &ldquo;[_____] Closing&rdquo;) up to [_____] Shares and accompanying Class A Purchase Warrants (subject to
adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common
Shares that occur after the date of this Agreement) at the Per Share Purchase Price for a total Subscription Amount of up to
$[_____] in a single closing on or before September 20, 2023 (the &ldquo;[_____] Closing Date&rdquo;). Settlement of the Shares
shall occur via &ldquo;Delivery Versus Payment&rdquo; (i.e., on the Closing Date and each Additional [_____] Closing Date and the
[_____] Closing Date, as the case may be, the Company shall issue the Securities in book entry form registered in the
Purchasers&rsquo; name released by the Transfer Agent directly to the account(s) identified by each Purchaser following receipt of
payment therefor by the Company which shall be made by each Purchaser by wire transfer to the Company). Settlement of the Warrants
shall occur via delivery, which may be electronic, of the Warrant on the Closing Date and each Additional [_____] Closing Date and
the [_____] Closing Date, as the case may be. Notwithstanding anything herein to the contrary, if at any time on or after the time
of execution of this Agreement by the Company and an applicable Purchaser, through, and including the time immediately prior, to the
Closing or Additional [_____] Closing, as the case may be (the &ldquo;Pre-Settlement Period&rdquo;), such
Purchaser sells to any Person all, or any portion, of the Shares to be issued hereunder to such Purchaser at the Closing or
Additional [_____] Closing, as the case may be (collectively, the &ldquo;Pre-Settlement Shares&rdquo;), such
Purchaser shall, automatically hereunder (without any additional required actions by such Purchaser or the Company), be deemed to be
unconditionally bound to purchase, such Pre-Settlement Shares issuable to such Purchaser at the Closing or Additional [_____]
Closing, as the case may be; provided, that the Company shall not be required to deliver any Pre-Settlement
Shares to such Purchaser prior to the Company&rsquo;s receipt of the purchase price of such Pre-Settlement Shares hereunder; and
provided, further, that the Company hereby acknowledges and agrees that the forgoing shall not constitute a representation or
covenant by such Purchaser as to whether or not during the Pre-Settlement Period such Purchaser shall sell any Common Shares to any
Person and that any such decision to sell any Common Shares by such Purchaser shall solely be made at the time such Purchaser elects
to effect any such sale, if any. Notwithstanding the foregoing, with respect to any Notice(s) of Exercise (as defined in the Class A
Purchase Warrants) delivered on or prior to 12:00 p.m. (New York City time) on the Closing Date or Additional [_____] Closing Date, as the case may be, which may be delivered at any time after the time of execution of this Agreement,
the Company agrees to deliver the Warrant Shares subject to such notice(s) by 4:00 p.m. (New York City time) on the Closing Date or
Additional [_____] Closing Date, as the case may be, and the Closing Date or Additional [_____] Closing
Date, as the case may be, shall be the Warrant Share Delivery Date (as defined in the Class A Purchase
Warrants) for purposes hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.2</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Deliveries</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;On or prior to the Closing Date, the Company shall deliver or cause to be delivered to each Purchaser the following (subject to Section
2.2(c) for [_____] with respect to each Additional [_____] Closing Date and Section 2.2(e) for [_____] with respect to the [_____] Closing
Date and Sections 2.2(a)(ii), (iii) and (iv) shall not apply to [_____]):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">this
Agreement duly executed by the Company;</FONT></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

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

<!-- Field: Page; Sequence: 5; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&#8239;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&#8239;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&#8239;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">subject
to Section&#8239;2.1, the Company&rsquo;s wire instructions, on Company letterhead and executed by the Chief Executive Officer or Chief
Financial Officer;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">subject
to Section&#8239;2.1, a copy of the irrevocable instructions to the Transfer Agent instructing the Transfer Agent to deliver on an expedited
basis, via The Depository Trust Company Deposit or Withdrawal at Custodian system, Shares equal to such Purchaser&rsquo;s Subscription
Amount divided by the Per Share Purchase Price (rounded down to the nearest whole share);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">a
Class&#8239;A Purchase Warrant registered in the name of such Purchaser to purchase up to a number of Common Shares equal to 50% of such
Purchaser&rsquo;s number of Shares, with an exercise price equal to $3.00, subject to adjustment therein; and</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 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">the
Prospectus and the Prospectus Supplement (which may be delivered in accordance with Rule&#8239;172 under the Securities Act);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">On or prior to the Closing Date, each Purchaser shall deliver or cause to be delivered to the Company the following (subject to Section
2.2(d) for [_____] with respect to each Additional [_____] Closing Date and Section 2.2(f) for [_____] with respect to the [_____] Closing
Date and Section 2.2(b)(ii) shall not apply to [_____]):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">this
Agreement duly executed by such Purchaser; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">such
Purchaser&rsquo;s Subscription Amount, which shall be made available for &ldquo;Delivery Versus Payment&rdquo; settlement with the Company
or its designee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">On
or prior to each Additional [_____] Closing Date, the Company shall deliver or cause to be delivered to [_____] the following:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">subject
to Section&#8239;2.1, the Company&rsquo;s wire instructions, on Company letterhead and executed by the Chief Executive Officer or Chief
Financial Officer;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">subject
to Section&#8239;2.1, a copy of the irrevocable instructions to the Transfer Agent instructing the Transfer Agent to deliver on an expedited
basis, via The Depository Trust Company Deposit or Withdrawal at Custodian system, Shares equal to [_____]&rsquo;s Subscription Amount
with respect to such Additional [_____] Closing divided by the Per Share Purchase Price (rounded down to the nearest whole share);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

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

<!-- Field: Page; Sequence: 6; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&#8239;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&#8239;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&#8239;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">a
Class&#8239;A Purchase Warrant registered in the name of [_____] to purchase up to a number of Common Shares equal to 50% of the number
of Shares [_____] is purchasing at such Additional [_____] Closing, with an exercise price equal to $3.00 (or other exercise price equal
to the then current exercise price of the Class&#8239;A Purchase Warrants issued on the Closing Date), subject to adjustment therein; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">the
Prospectus and the Prospectus Supplement (which may be delivered in accordance with Rule&#8239;172 under the Securities Act).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">On
or prior to each Additional [_____] Closing Date, [_____] shall deliver or cause to be delivered to the Company [_____]&rsquo;s Subscription
Amount for such Additional [_____] Closing, which shall be made available for &ldquo;Delivery Versus Payment&rdquo; settlement with the
Company or its designee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;On or prior to the [_____] Closing Date, the Company shall deliver or cause to be delivered to [_____] the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
</FONT><FONT STYLE="text-decoration: double">subject to Section 2.1, the Company&rsquo;s wire instructions, on Company letterhead
and executed by the Chief Executive Officer or Chief Financial Officer;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in; color: blue">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><FONT STYLE="text-decoration: double">subject
to Section 2.1, a copy of the irrevocable instructions to the Transfer Agent instructing the Transfer Agent to deliver on an expedited
basis, via The Depository Trust Company Deposit or Withdrawal at Custodian system, Shares equal to [_____]&rsquo;s Subscription Amount
set forth in the [_____] Closing Notice (as defined below) with respect to the [_____] Closing divided by the Per Share Purchase Price
(rounded down to the nearest whole share) to be issued in the name of [_____] or its designee(s); </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
</FONT><FONT STYLE="text-decoration: double">a Class A Purchase Warrant registered in the name(s) designated by [_____] in
the [_____] Closing Notice to purchase up to a number of Common Shares equal to 50% of the number of Shares [_____] is purchasing at
the [_____] Closing, with an exercise price equal to $3.00 (or other exercise price equal to the then current exercise price of the Class
A Purchase Warrants issued on the Closing Date), subject to adjustment therein; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
</FONT><FONT STYLE="text-decoration: double">the Prospectus and the Prospectus Supplement (which may be delivered in accordance
with Rule 172 under the Securities Act).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
</FONT><FONT STYLE="text-decoration: double">On or prior to the [_____] Closing Date, [_____] shall deliver or cause to be
delivered to the Company: </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
</FONT><FONT STYLE="text-decoration: double">if [_____] elects to purchase any Securities at the [_____] Closing, a written
notice (the &ldquo;[_____] Closing Notice&rdquo;) on or before 5:00 pm EDT on September 15, 2023 informing the Company how many of the
[_____] Shares and accompanying Class A Purchase Warrants [_____] will purchase in the [_____] Closing, which notice shall include, the
name of [_____] and each of its designees to purchase Shares and accompanying Class A Purchase Warrants in the [_____] Closing, the number
of Shares and accompanying Class A Purchase Warrants to be purchased by [_____] and each of its designees in the [_____] Closing, the
Subscription Amount with respect thereto for [_____] and each of its designees; </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
</FONT><FONT STYLE="text-decoration: double">[_____]&rsquo;s aggregate Subscription Amount with respect to the number of the
[_____] Shares and accompanying Class A Purchase Warrants set forth in the [_____] Closing Notice to be purchase at the [_____] Closing,
which shall be made available for &ldquo;Delivery Versus Payment&rdquo; settlement with the Company or its designee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in; color: blue">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.3</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Closing
Conditions</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">The obligations of the Company hereunder in connection with the Closing and each Additional [_____] Closing and the [_____] Closing
are subject to the following conditions being met:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">the
accuracy in all material respects (or, to the extent representations or warranties are qualified by materiality or Material Adverse Effect,
in all respects) on the Closing Date of the representations and warranties of the Purchasers contained herein (unless as of a specific
date therein in which case they shall be accurate as of such date);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">all
obligations, covenants and agreements of each Purchaser required to be performed at or prior to the Closing Date shall have been performed;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
</FONT>the delivery by each Purchaser of the items set forth in Section 2.2(b) of this Agreement <FONT STYLE="text-decoration: double">applicable
to such closing and Section 2.2(d) with respect to each Additional [_____] Closing and Section 2.2(f) with respect to the [_____] Closing;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
</FONT><FONT STYLE="text-decoration: double">with respect to the [_____] Closing only, the closing price of the Common Shares on the
primary Trading Market, as reported by Bloomberg, on the Trading Day immediately before [_____]&rsquo;s delivery of the [_____] Closing
Notice to the Company is $3.00 per share or less, subject to adjustment for reverse and forward stock splits, stock dividends, stock
combinations and other similar transactions of the Common Shares that occur after the date of this Agreement;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
</FONT><FONT STYLE="text-decoration: double">with respect to the [_____] Closing only, at least two (2) Trading Days have occurred following
[_____]&rsquo;s delivery of the [_____] Closing Notice to the Company so that the [_____] Closing Date shall be no earlier than the third
(3<SUP>rd</SUP>) Trading Day after such delivery</FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
</FONT>The respective obligations of the Purchasers <FONT STYLE="text-decoration: double">participating in the Closing</FONT> hereunder
in connection with the Closing are subject to the following conditions being met:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">the
accuracy in all material respects (or, to the extent representations or warranties are qualified by materiality or Material Adverse Effect,
in all respects) when made and on the Closing Date of the representations and warranties of the Company contained herein (unless as of
a specific date therein in which case they shall be accurate as of such date);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">all
obligations, covenants and agreements of the Company required to be performed at or prior to the Closing Date shall have been performed;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">the
delivery by the Company of the items set forth in Section&#8239;2.2(a)&#8239;of this Agreement;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">there
shall have been no Material Adverse Effect with respect to the Company since the date hereof; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

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

<!-- Field: Page; Sequence: 7; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&#8239;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&#8239;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&#8239;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">from
the date hereof to the Closing Date, trading in the Common Shares shall not have been suspended by the Commission or the Company&rsquo;s
principal Trading Market, and, at any time prior to the Closing Date, trading in securities generally on any nationally recognized securities
exchange as reported by Bloomberg L.P. shall not have been suspended or limited, or minimum prices shall not have been established on
securities whose trades are reported by such service, or on any Trading Market, nor shall a banking moratorium have been declared either
by the United States or New York State authorities nor shall there have occurred any material outbreak or escalation of hostilities or
other national or international calamity of such magnitude in its effect on, or any material adverse change in, any financial market which,
in each case, in the reasonable judgment of such Purchaser, makes it impracticable or inadvisable to purchase the Securities at the Closing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The respective obligations of [_____] (and the Company solely with respect to the condition set forth in Section 2.3(c)(iv)) hereunder
in connection with each Additional [_____] Closing are subject to the following conditions being met:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">all
obligations, covenants and agreements of the Company required to be performed at or prior to the Closing Date shall have been performed;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">the
delivery by the Company of the items set forth in Section&#8239;2.2(c)&#8239;of this Agreement;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">from
the date hereof to such Additional [_____] Closing Date, trading in the Common Shares shall not have been suspended by the Commission
or the Company&rsquo;s principal Trading Market, and, at any time prior to such Additional [_____] Closing Date, trading in securities
generally on any nationally recognized securities exchange as reported by Bloomberg L.P. shall not have been suspended or limited, or
minimum prices shall not have been established on securities whose trades are reported by such service, or on any Trading Market, nor
shall a banking moratorium have been declared either by the United States or New York State authorities nor shall there have occurred
any material outbreak or escalation of hostilities or other national or international calamity of such magnitude in its effect on, or
any material adverse change in, any financial market which, in each case, in the reasonable judgment of such Purchaser, makes it impracticable
or inadvisable to purchase the Securities at the Closing; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the issuance
of the Securities to [_____] at such Additional [_____] Closing will not require shareholder approval under the applicable listing rules
of the Nasdaq Global Select Market or other Nasdaq market, in which case the Securities issuable at such Additional [_____] Closing shall
be reduced to an amount that would not require such shareholder approval.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Notwithstanding anything
to the contrary in this Agreement, upon delivery of the closing deliverables set forth in Section&#8239;2.2(c) and satisfaction of
any conditions to such closing, [_____] shall be irrevocably bound to purchase the applicable Shares and Class&#8239;A Purchase
Warrants at each Additional [_____] Closing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
</FONT><FONT STYLE="text-decoration: double">The respective obligations of [_____] hereunder in connection with the [_____] Closing are
subject to the following conditions being met:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><FONT STYLE="text-decoration: double">all obligations, covenants and agreements of the Company required to be performed at or
prior to the Closing Date shall have been performed; </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><FONT STYLE="text-decoration: double">the delivery by the Company of the items set forth in Section 2.2(e) of this Agreement;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
</FONT><FONT STYLE="text-decoration: double">from the date hereof to the [_____] Closing Date, trading in the Common Shares shall not
have been suspended by the Commission or the Company&rsquo;s principal Trading Market, and, at any time prior to the [_____] Closing
Date, trading in securities generally on any nationally recognized securities exchange as reported by Bloomberg L.P. shall not have been
suspended or limited, or minimum prices shall not have been established on securities whose trades are reported by such service, or on
any Trading Market, nor shall a banking moratorium have been declared either by the United States or New York State authorities nor shall
there have occurred any material outbreak or escalation of hostilities or other national or international calamity of such magnitude
in its effect on, or any material adverse change in, any financial market which, in each case, in the reasonable judgment of such Purchaser,
makes it impracticable or inadvisable to purchase the Securities at the Closing;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><FONT STYLE="text-decoration: double">at
least two (2) Trading Days have occurred following [_____]&rsquo;s delivery of the [_____] Closing Notice to the Company so that the
[_____] Closing Date shall be no earlier than the third (3<SUP>rd</SUP>) Trading Day after such delivery.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>ARTICLE&#8239;III.</B></FONT><BR>
REPRESENTATIONS AND WARRANTIES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.1</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Representations
and Warranties of the Company</U>. Except as set forth in the SEC Reports, which SEC Reports shall be deemed a part hereof and shall qualify
any representation or otherwise made herein, the Company hereby makes the following representations and warranties to each Purchaser:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Subsidiaries</U>.
All of the direct and indirect subsidiaries of the Company are set forth in the SEC Reports. Except as set forth in the SEC Reports, the
Company owns, directly or indirectly, all of the capital stock or other equity interests of each Subsidiary free and clear of any Liens,
and all of the issued and outstanding shares of capital stock of each Subsidiary are validly issued and are fully paid, non-assessable
and free of preemptive and similar rights to subscribe for or purchase securities.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

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

<!-- Field: Page; Sequence: 8; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&#8239;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&#8239;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&#8239;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<!-- Field: Split-Segment; Name: 1 -->
<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>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Organization
and Qualification</U>. The Company and each of the Subsidiaries is an entity duly incorporated or otherwise organized, validly existing
and in good standing under the laws of the jurisdiction of its incorporation or organization, with the requisite power and authority to
own and use its properties and assets and to carry on its business as currently conducted. Neither the Company nor any Subsidiary is in
violation nor default of any of the provisions of its respective certificate or articles of incorporation, bylaws or other organizational
or charter documents. Each of the Company and the Subsidiaries is duly qualified to conduct business and is in good standing as a foreign
corporation or other entity in each jurisdiction in which the nature of the business conducted or property owned by it makes such qualification
necessary, except where the failure to be so qualified or in good standing, as the case may be, would not have or reasonably be expected
to result in: (i)&nbsp;a material adverse effect on the legality, validity or enforceability of any Transaction Document, (ii)&nbsp;a
material adverse effect on the results of operations, assets, business, prospects or condition (financial or otherwise) of the Company
and the Subsidiaries, taken as a whole, or (iii)&nbsp;a material adverse effect on the Company&rsquo;s ability to perform in any material
respect on a timely basis its obligations under any Transaction Document (any of (i), (ii)&nbsp;or (iii), a &ldquo;<U>Material Adverse
Effect</U>&rdquo;) and no Proceeding has been instituted in any such jurisdiction revoking, limiting or curtailing or seeking to revoke,
limit or curtail such power and authority or qualification.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Authorization;
Enforcement</U>. The Company has or will have the requisite corporate power and authority to enter into and to consummate the transactions
contemplated by this Agreement and each of the other Transaction Documents and otherwise to carry out its obligations hereunder and thereunder.
The execution and delivery of this Agreement and each of the other Transaction Documents by the Company and the consummation by it of
the transactions contemplated hereby and thereby have been or will be duly authorized by all necessary action on the part of the Company
and no further action is required by the Company, the Board of Directors or the Company&rsquo;s shareholders in connection herewith or
therewith other than in connection with the Required Approvals. This Agreement and each other Transaction Document to which it is a party
has been (or upon delivery will have been) duly executed by the Company and, when delivered in accordance with the terms hereof and thereof,
will constitute the valid and binding obligation of the Company enforceable against the Company in accordance with its terms, except (i)&nbsp;as
limited by general equitable principles and applicable bankruptcy, insolvency, reorganization, moratorium and other laws of general application
affecting enforcement of creditors&rsquo; rights generally, (ii)&nbsp;as limited by laws relating to the availability of specific performance,
injunctive relief or other equitable remedies and (iii)&nbsp;insofar as indemnification and contribution provisions may be limited by
applicable law.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>No
Conflicts</U>. The execution, delivery and performance by the Company of this Agreement and the other Transaction Documents to which it
is a party, the issuance and sale of the Securities and the consummation by it of the transactions contemplated hereby and thereby do
not and will not (i)&nbsp;conflict with or violate any provision of the Company&rsquo;s or any Subsidiary&rsquo;s notice of articles,
articles, certificate or articles of incorporation, bylaws or other organizational or charter documents, or (ii)&nbsp;conflict with, or
constitute a default (or an event that with notice or lapse of time or both would become a default) under, result in the creation of any
Lien upon any of the properties or assets of the Company or any Subsidiary, or give to others any rights of termination, amendment, anti-dilution
or similar adjustments, acceleration or cancellation (with or without notice, lapse of time or both) of, any agreement, credit facility,
debt or other instrument (evidencing a Company or Subsidiary debt or otherwise) to which the Company or any Subsidiary is a party or by
which any property or asset of the Company or any Subsidiary is bound or affected, or (iii)&nbsp;subject to the Required Approvals, conflict
with or result in a violation of any law, rule, regulation, order, judgment, injunction, decree or other restriction of any court or governmental
authority to which the Company or a Subsidiary is subject (including federal and state securities laws and regulations), or by which any
property or asset of the Company or a Subsidiary is bound or affected; except in the case of each of clauses (ii)&nbsp;and (iii), such
as would not have or reasonably be expected to result in a Material Adverse Effect.</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: Page; Sequence: 1; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Filings,
Consents and Approvals</U>. The Company is not required to obtain any consent, waiver, authorization or order of, give any notice to,
or make any filing or registration with, any court or other federal, state, local or other governmental authority or other Person in connection
with the execution, delivery and performance by the Company of the Transaction Documents, other than: (i)&nbsp;the filings required pursuant
to Section&nbsp;4.4 of this Agreement, (ii)&nbsp;the filing with the Commission of the Prospectus Supplement, (iii)&nbsp;application(s)&nbsp;to
each applicable Trading Market for the listing of the Securities for trading thereon in the time and manner required thereby and (iv)&nbsp;such
filings as are required to be made under applicable state securities laws and/or the rules&nbsp;of the Financial Industry Regulatory Authority,&nbsp;Inc.
(collectively, the &ldquo;<U>Required Approvals</U>&rdquo;).</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Issuance
of the Securities; Registration</U>. The Securities are duly authorized and, when issued and paid for in accordance with the applicable
Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company.
The Warrant Shares, when issued and (assuming a cash exercise) paid for in accordance with the terms of the Warrants, will be validly
issued, fully paid and nonassessable, and free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized
capital stock the maximum number of Common Shares issuable pursuant to this Agreement and the Warrants. The Company has prepared and filed the Registration Statement
in conformity with the requirements of the Securities Act, including the Prospectus, and such amendments and supplements thereto as may
have been required to the date of this Agreement. The Registration Statement is effective under the Securities Act and no stop order preventing
or suspending the effectiveness of the Registration Statement or suspending or preventing the use of the Prospectus has been issued by
the Commission and no proceedings for that purpose have been instituted or, to the knowledge of the Company, are threatened in writing
by the Commission. The Company shall file the Prospectus Supplement with the Commission pursuant to Rule&nbsp;424(b)&nbsp;covering the
Securities and the Warrants Shares. At the time the Registration Statement and any post-effective amendments thereto became effective,
at the date of this Agreement and at the Closing Date, the Registration Statement and any amendments thereto conformed and will conform
in all material respects to the requirements of the Securities Act and did not and will not contain any untrue statement of a material
fact or omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading; and
the Prospectus Supplement and any amendments or supplements thereto, at the time the Prospectus Supplement or any amendment or supplement
thereto was issued and at the Closing Date, conformed and will conform in all material respects to the requirements of the Securities
Act and did not and will not contain an untrue statement of a material fact or omit to state a material fact necessary in order to make
the statements therein, in the light of the circumstances under which they were made, not misleading. The Company is eligible to use Form&nbsp;S-3
under the Securities Act and it meets the transaction requirements as set forth in General Instruction I.B.1 of Form&nbsp;S-3.</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: Page; Sequence: 2; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Capitalization</U>.
The capitalization of the Company as of the date hereof is as set forth in the SEC Reports. Except as disclosed in the Prospectus Supplement,
the Company has not issued any capital stock since its most recently filed periodic report under the Exchange Act, other than pursuant
to the exercise of stock options under the Company&rsquo;s equity plans or arrangements, the issuance of Common Shares to employees pursuant
to the Company&rsquo;s equity plans or employee stock purchase plans, pursuant to the conversion and/or exercise of Common Share Equivalents
outstanding as of the date of the most recently filed periodic report under the Exchange Act and pursuant to the Sales Agreement. Except
as disclosed in the SEC Reports or as has been waived, no Person has any right of first refusal, preemptive right, right of participation,
or any similar right to participate in the transactions contemplated by the Transaction Documents. Except as disclosed in the SEC Reports,
there are no outstanding options, warrants, scrip rights to subscribe to, calls or commitments of any character whatsoever relating to,
or securities, rights or obligations convertible into or exercisable or exchangeable for, or giving any Person any right to subscribe
for or acquire, any Common Shares or the capital stock of any Subsidiary, or contracts, commitments, understandings or arrangements by
which the Company or any Subsidiary is or may become bound to issue additional Common Shares or Common Share Equivalents or capital stock
of any Subsidiary. The issuance and sale of the Securities will not obligate the Company or any Subsidiary to issue Common Shares or other
securities to any Person (other than the Purchasers). There are no outstanding securities or instruments of the Company or any Subsidiary
with any provision that adjusts the exercise, conversion, exchange or reset price of such security or instrument upon an issuance of securities
by the Company or any Subsidiary. There are no outstanding securities or instruments of the Company or any Subsidiary that contain any
redemption or similar provisions, and there are no contracts, commitments, understandings or arrangements by which the Company or any
Subsidiary is or may become bound to redeem a security of the Company or such Subsidiary. The Company does not have any stock appreciation
rights or &ldquo;phantom stock&rdquo; plans or agreements or any similar plan or agreement. All of the outstanding shares of capital of
the Company were duly authorized, validly issued, fully paid and nonassessable, have been issued in compliance with all federal and state
securities laws, and none of such outstanding shares were issued in violation of any preemptive rights or similar rights to subscribe
for or purchase securities. No further approval or authorization of any shareholder, the Board of Directors or others is required for
the issuance and sale of the Securities. There are no shareholders agreements, voting agreements or other similar agreements with respect
to the Company&rsquo;s capital stock to which the Company is a party or, to the knowledge of the Company, between or among any of the
Company&rsquo;s stockholders.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(h)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>SEC
Reports; Financial Statements</U>. The Company has filed all reports, schedules, forms, statements and other documents required to be
filed by the Company under the Securities Act and the Exchange Act, including pursuant to Section&nbsp;13(a)&nbsp;or 15(d)&nbsp;thereof,
for the year preceding the date hereof (or such shorter period as the Company was required by law or regulation to file such material)
(the foregoing materials, including the exhibits thereto and documents incorporated by reference therein, together with the Prospectus
and the Prospectus Supplement, being collectively referred to herein as the &ldquo;<U>SEC Reports</U>&rdquo;) on a timely basis or has
received a valid extension of such time of filing and has filed any such SEC Reports prior to the expiration of any such extension. As
of their respective dates, the SEC Reports complied in all material respects with the requirements of the Securities Act and the Exchange
Act, as applicable, and none of the SEC Reports, when filed, contained any untrue statement of a material fact or omitted to state a material
fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances under which
they were made, not misleading. The financial statements of the Company included in the SEC Reports complied in all material respects
with applicable accounting requirements and the rules&nbsp;and regulations of the Commission with respect thereto as in effect at the
time of filing. Such financial statements have been prepared in accordance with United States generally accepted accounting principles
applied on a consistent basis during the periods involved (&ldquo;<U>GAAP</U>&rdquo;) (except (i)&nbsp;for such adjustments to accounting
standards and practices as are noted therein and (ii)&nbsp;in the case of unaudited interim statements, to the extent the Company may
exclude footnotes or may be condensed or summary statements), and fairly present in all material respects the financial position of the
Company and its consolidated Subsidiaries as of and for the dates thereof and the results of operations and cash flows for the periods
then ended, subject, in the case of unaudited statements, to normal, immaterial, year-end audit adjustments.</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: Page; Sequence: 3; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Material
Changes; Undisclosed Events, Liabilities or Developments</U>. Since the date of the most recent unaudited financial statements included
within the SEC Reports, except as disclosed in the SEC Reports, (i)&nbsp;there has been no event, occurrence or development that has had
or that would reasonably be expected to result in a Material Adverse Effect, (ii)&nbsp;the Company has not incurred any liabilities (contingent
or otherwise) other than (A)&nbsp;trade payables and accrued expenses incurred in the ordinary course of business consistent with past
practice and (B)&nbsp;liabilities not required to be reflected in the Company&rsquo;s financial statements pursuant to GAAP or disclosed
in filings made with the Commission, (iii)&nbsp;the Company has not altered its method of accounting, (iv)&nbsp;the Company has not declared
or made any dividend or distribution of cash or other property to its stockholders or purchased, redeemed or made any agreements to purchase
or redeem any shares of its capital and (v)&nbsp;the Company has not issued any equity securities to any officer, director or Affiliate,
except pursuant to existing Company equity plans or arrangements. The Company does not have pending before the Commission any request
for confidential treatment of information.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(j)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Litigation</U>.
There is no action, suit, inquiry, notice of violation, proceeding or investigation pending or, to the knowledge of the Company, threatened
in writing against or affecting the Company, any Subsidiary or any of their respective properties before or by any court, arbitrator,
governmental or administrative agency or regulatory authority (federal, state, county, local or foreign) (collectively, an &ldquo;<U>Action</U>&rdquo;),
which (i)&nbsp;adversely affects or challenges the legality, validity or enforceability of any of the Transaction Documents or the Securities
or (ii)&nbsp;would, if there were an unfavorable decision, have or reasonably be expected to result in a Material Adverse Effect. Neither
the Company nor any Subsidiary, nor any director or officer thereof (in his or her capacity as such), is or has been the subject of any
Action involving a claim of violation of or liability under federal or state securities laws or a claim of breach of fiduciary duty. There
has not been, and to the knowledge of the Company, there is not pending or contemplated, any investigation by the Commission involving
the Company or any current or former director or officer of the Company (in his or her capacity as such). The Commission has not issued
any stop order or other order suspending the effectiveness of any registration statement filed by the Company or any Subsidiary under
the Exchange Act or the Securities Act.</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: Page; Sequence: 4; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(k)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Labor
Relations</U>. No labor dispute exists or, to the knowledge of the Company, is imminent with respect to any of the employees of the Company,
which would reasonably be expected to result in a Material Adverse Effect. None of the Company&rsquo;s or its Subsidiaries&rsquo; employees
is a member of a union that relates to such employee&rsquo;s relationship with the Company or such Subsidiary, and neither the Company
nor any of its Subsidiaries is a party to a collective bargaining agreement, and the Company and its Subsidiaries believe that their relationships
with their employees are good. To the knowledge of the Company, no executive officer of the Company or any Subsidiary, is, or is now expected
to be, in violation of any material term of any employment contract, confidentiality, disclosure or proprietary information agreement
or non-competition agreement, or any other contract or agreement or any restrictive covenant in favor of any third party, and the continued
employment of each such executive officer does not subject the Company or any of its Subsidiaries to any liability with respect to any
of the foregoing matters. The Company and its Subsidiaries are in compliance with all U.S. federal, state, local and foreign laws and
regulations relating to employment and employment practices, terms and conditions of employment and wages and hours, except where the
failure to be in compliance would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(l)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Compliance</U>.
Neither the Company nor any Subsidiary: (i)&nbsp;is in default under or in violation of (and no event has occurred that has not been waived
that, with notice or lapse of time or both, would result in a default by the Company or any Subsidiary under), nor has the Company or
any Subsidiary received written notice of a claim that it is in default under or that it is in violation of, any indenture, loan or credit
agreement or any other agreement or instrument to which it is a party or by which it or any of its properties is bound (whether or not
such default or violation has been waived), (ii)&nbsp;is in violation of any judgment, decree or order of any court, arbitrator or other
governmental authority or (iii)&nbsp;is or has been in violation of any statute, rule, ordinance or regulation of any governmental authority,
including without limitation all foreign, federal, state and local laws relating to taxes, environmental protection, occupational health
and safety, product quality and safety and employment and labor matters, except in each case as would not have or reasonably be expected
to result in a Material Adverse Effect.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(m)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><FONT STYLE="font-size: 10pt"><U>Environmental
Laws</U>.</FONT>&nbsp;<FONT STYLE="font-size: 10pt">The Company and its Subsidiaries (i)&nbsp;are in compliance
with all federal, state, local and foreign laws relating to pollution or protection of human health or the environment (including ambient
air, surface water, groundwater, land surface or subsurface strata), including laws relating to emissions, discharges, releases or threatened
releases of chemicals, pollutants, contaminants, or toxic or hazardous substances or wastes (collectively, &ldquo;<U>Hazardous Materials</U>&rdquo;)
into the environment, or otherwise relating to the manufacture, processing, distribution, use, treatment, storage, disposal, transport
or handling of Hazardous Materials, as well as all authorizations, codes, decrees, demands, or demand letters, injunctions, judgments,
licenses, notices or notice letters, orders, permits, plans or regulations, issued, entered, promulgated or approved thereunder (&ldquo;<U>Environmental
Laws</U>&rdquo;); (ii)&nbsp;have received all permits licenses or other approvals required of them under applicable Environmental Laws
to conduct their respective businesses; and (iii)&nbsp;are in compliance with all terms and conditions of any such permit, license or
approval where in each clause (i), (ii)&nbsp;and (iii), the failure to so comply would be reasonably expected to have, individually or
in the aggregate, a Material Adverse Effect.</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: Page; Sequence: 5; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(n)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Regulatory
Permits</U>. The Company and the Subsidiaries possess all certificates, authorizations and permits issued by the appropriate federal,
state, local or foreign regulatory authorities necessary to conduct their respective businesses as described in the SEC Reports, except
where the failure to possess such permits would not reasonably be expected to result in a Material Adverse Effect (&ldquo;<U>Material
Permits</U>&rdquo;), and neither the Company nor any Subsidiary has received any notice of proceedings relating to the revocation or modification
of any Material Permit.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(o)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Title
to Assets</U>. The Company and the Subsidiaries have good and marketable title in fee simple to all real property owned by them and good
and marketable title in all personal property owned by them that is material to the business of the Company and the Subsidiaries, in each
case free and clear of all Liens, except for (i)&nbsp;Liens as do not materially affect the value of such property and do not materially
interfere with the use made and proposed to be made of such property by the Company and the Subsidiaries, (ii)&nbsp;Liens for the payment
of federal, state or other taxes, for which appropriate reserves have been made therefor in accordance with GAAP and, the payment of which
is neither delinquent nor subject to penalties and (iii)&nbsp;Liens that would not, individually or in the aggregate, have or reasonably
be expected to have a Material Adverse Event. Any real property and facilities held under lease by the Company and the Subsidiaries are
held by them under valid, subsisting and enforceable leases with which the Company and the Subsidiaries are in compliance in all material
respects.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(p)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Intellectual
Property</U>. The Company and the Subsidiaries have, or have rights to use, all patents, patent applications, trademarks, trademark applications,
service marks, trade names, trade secrets, inventions, copyrights, licenses and other intellectual property rights and similar rights
necessary or required for use in connection with their respective businesses as described in the SEC Reports and where the failure to
so have would have a Material Adverse Effect (collectively, the &ldquo;<U>Intellectual Property Rights</U>&rdquo;). Neither the Company
nor any Subsidiary has received a written notice that any of the material Intellectual Property Rights has expired, terminated or been
abandoned, or is expected to expire or terminate or be abandoned, within two (2)&nbsp;years from the date of this Agreement, other than
in accordance with the terms of the Intellectual Property Rights. Neither the Company nor any Subsidiary has received, since the date
of the most recent unaudited financial statements included within the SEC Reports, a written notice of a claim or otherwise has any knowledge
that the Intellectual Property Rights violate or infringe upon the rights of any Person, except as would not have or reasonably be expected
to not have a Material Adverse Effect. To the knowledge of the Company, all such Intellectual Property Rights are enforceable and there
is no existing infringement by another Person of any of the Intellectual Property Rights. The Company and its Subsidiaries have taken
reasonable security measures to protect the secrecy, confidentiality and value of all of their intellectual properties, except where failure
to do so would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.</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: Page; Sequence: 6; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(q)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Insurance</U>.
The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such
amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged. Neither the Company nor
any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires
or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(r)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Related
Person Transactions</U>. <FONT STYLE="background-color: white">There are no business relationships or related person transactions, as
defined in Item 404 of Regulation S-K under the Exchange Act, involving the Company or any subsidiary or any other person required to
be described in the Prospectus which have not been described as required.</FONT></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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(s)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Sarbanes-Oxley;
Internal Accounting Controls</U>. The Company and the Subsidiaries are in compliance in all material respects with any and all applicable
requirements of the Sarbanes-Oxley Act of 2002 that are effective as of the date hereof, and any and all applicable rules&nbsp;and regulations
promulgated by the Commission thereunder that are effective as of the date hereof and as of the Closing Date. The Company and the Subsidiaries
maintain a system of internal accounting controls sufficient to provide reasonable assurance that: (i)&nbsp;transactions are executed
in accordance with management&rsquo;s general or specific authorizations, (ii)&nbsp;transactions are recorded as necessary to permit preparation
of financial statements in conformity with GAAP and to maintain asset accountability, (iii)&nbsp;access to assets is permitted only in
accordance with management&rsquo;s general or specific authorization, and (iv)&nbsp;the recorded accountability for assets is compared
with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences. The Company and the
Subsidiaries have established disclosure controls and procedures (as defined in Exchange Act Rules&nbsp;13a-15(e)&nbsp;and 15d-15(e))
for the Company and the Subsidiaries and designed such disclosure controls and procedures to ensure that information required to be disclosed
by the Company in the reports it files or submits under the Exchange Act is recorded, processed, summarized and reported, within the time
periods specified in the Commission&rsquo;s rules&nbsp;and forms. The Company&rsquo;s certifying officers have evaluated the effectiveness
of the disclosure controls and procedures of the Company and the Subsidiaries as of the end of the period covered by the most recently
filed periodic report under the Exchange Act (such date, the &ldquo;<U>Evaluation Date</U>&rdquo;). The Company presented in its most
recently filed periodic report under the Exchange Act the conclusions of the certifying officers about the effectiveness of the disclosure
controls and procedures based on their evaluations as of the Evaluation Date. Since the Evaluation Date, there have been no changes in
the internal control over financial reporting (as such term is defined in the Exchange Act) of the Company and its Subsidiaries that have
materially affected, or is reasonably likely to materially affect, the internal control over financial reporting of the Company and its
Subsidiaries.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(t)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Certain
Fees</U>. Except as set forth in the Prospectus Supplement in connection with this transaction, no brokerage or finder&rsquo;s fees or
commissions are or will be payable by the Company or any Subsidiary to any broker, financial advisor or consultant, finder, placement
agent, investment banker, bank or other Person with respect to the transactions contemplated by the Transaction Documents. The Purchasers
shall have no obligation with respect to any fees or with respect to any claims made by or on behalf of other Persons for fees of a type
contemplated in this Section&nbsp;that may be due in connection with the transactions contemplated by the Transaction Documents.</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: Page; Sequence: 7; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(u)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Investment
Company</U>. The Company is not, and immediately after receipt of payment for the Securities will not be, an &ldquo;investment company&rdquo;
within the meaning of the Investment Company Act of 1940, as amended.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Registration
Rights</U>. Except as set forth in the SEC Reports, no Person has any right to cause the Company or any Subsidiary to effect the registration
under the Securities Act of any securities of the Company or any Subsidiary.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(w)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Listing
and Maintenance Requirements</U>. The Common Shares are registered pursuant to Section&nbsp;12(b)&nbsp;or 12(g)&nbsp;of the Exchange Act,
and the Company has taken no action designed to, or which to its knowledge is likely to have the effect of, terminating the registration
of the Common Shares under the Exchange Act nor has the Company received any notification that the Commission is contemplating terminating
such registration. Except as set forth in the SEC Reports, the Company has not, in the 12 months preceding the date hereof, received notice
from any Trading Market on which the Common Shares are or has been listed or quoted to the effect that the Company is not in compliance
with the listing or maintenance requirements of such Trading Market. The Common Shares are currently eligible for electronic transfer
through the Depository Trust Company or another established clearing corporation and the Company is current in payment of the fees to
the Depository Trust Company (or such other established clearing corporation) in connection with such electronic transfer.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(x)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Disclosure</U>.
Except with respect to the material terms and conditions of the transactions contemplated by the Transaction Documents, the Company confirms
that neither it nor any other Person acting on its behalf has provided any of the Purchasers or their agents or counsel with any information
that it believes constitutes or might constitute material, non-public information which is not otherwise disclosed in the Prospectus Supplement.
The Company understands and confirms that the Purchasers will rely on the foregoing representation in effecting transactions in securities
of the Company. All of the disclosure furnished by or on behalf of the Company to the Purchasers regarding the Company and its Subsidiaries,
their respective businesses and the transactions contemplated hereby is true and correct in all material respects and does not contain
any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements made therein, in
the light of the circumstances under which they were made, not misleading (it being understood that such disclosure furnished by or on
behalf of the Company to the Purchasers includes the SEC Reports). The Company acknowledges and agrees that no Purchaser makes or has
made any representations or warranties with respect to the transactions contemplated hereby other than those specifically set forth in
Section&nbsp;3.2 hereof.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(y)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>No
Integrated Offering</U>. Assuming the accuracy of the Purchasers&rsquo; representations and warranties set forth in Section&nbsp;3.2,
neither the Company, nor any of its Affiliates, nor any Person acting on its or their behalf has, directly or indirectly, made any offers
or sales of any security or solicited any offers to buy any security, under circumstances that would cause this offering of the Securities
to be integrated with prior offerings by the Company for purposes of any applicable shareholder approval provisions of any Trading Market
on which any of the securities of the Company are listed or designated.</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: Page; Sequence: 8; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(z)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Tax
Status</U>. Except for matters that would not, individually or in the aggregate, have or reasonably be expected to result in a Material
Adverse Effect, the Company and its Subsidiaries each (i)&nbsp;has made or filed all federal, provincial, state and local income and all
foreign income and franchise tax returns, reports and declarations required by any jurisdiction to which it is subject, (ii)&nbsp;has
paid all taxes and other governmental assessments and charges that are material in amount, shown or determined to be due on such returns,
reports and declarations, except for such taxes, if any, as are being contested in good faith and as to which adequate reserves have been
established by the Company and (iii)&nbsp;has set aside on its books provision reasonably adequate for the payment of all material taxes
for periods subsequent to the periods to which such returns, reports or declarations apply. There are no unpaid taxes in any material
amount claimed to be due by the taxing authority of any jurisdiction, and the officers of the Company or of any Subsidiary know of no
basis for any such claim.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(aa)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Foreign
Corrupt Practices</U>. Neither the Company nor any Subsidiary, nor to the knowledge of the Company or any Subsidiary, any agent or other
person acting on behalf of the Company or any Subsidiary, has (i)&nbsp;directly or indirectly, used any funds for unlawful contributions,
gifts, entertainment or other unlawful expenses related to foreign or domestic political activity, (ii)&nbsp;made any unlawful payment
to foreign or domestic government officials or employees or to any foreign or domestic political parties or campaigns from corporate funds,
(iii)&nbsp;failed to disclose fully any contribution made by the Company or any Subsidiary (or made by any person acting on its behalf
of which the Company is aware) which is in violation of law, or (iv)&nbsp;violated in any material respect any provision of FCPA.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(bb)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Accountants</U>.
The Company&rsquo;s accounting firm is Ernst&nbsp;&amp; Young LLP. To the knowledge and belief of the Company, such accounting firm is
a registered public accounting firm as required by the Exchange Act.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(cc)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Acknowledgment
Regarding Purchasers&rsquo; Purchase of Securities</U>. The Company acknowledges and agrees that each of the Purchasers is acting solely
in the capacity of an arm&rsquo;s length purchaser with respect to the Transaction Documents and the transactions contemplated thereby.
The Company further acknowledges that no Purchaser is acting as a financial advisor or fiduciary of the Company (or in any similar capacity)
with respect to the Transaction Documents and the transactions contemplated thereby and any advice given by any Purchaser or any of their
respective representatives or agents in connection with the Transaction Documents and the transactions contemplated thereby is merely
incidental to the Purchasers&rsquo; purchase of the Securities. The Company further represents to each Purchaser that the Company&rsquo;s
decision to enter into this Agreement and the other Transaction Documents has been based solely on the independent evaluation of the transactions
contemplated hereby by the Company and its representatives.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(dd)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Acknowledgment
Regarding Purchaser&rsquo;s Trading Activity</U>. Anything in this Agreement or elsewhere herein to the contrary notwithstanding (except
for Sections 3.2(f)&nbsp;and 4.12 hereof), it is understood and acknowledged by the Company that: (i)&nbsp;none of the Purchasers has
been asked by the Company to agree, nor has any Purchaser agreed, to desist from purchasing or selling, long and/or short, securities
of the Company, or &ldquo;derivative&rdquo; securities based on securities issued by the Company or to hold the Securities for any specified
term; (ii)&nbsp;past or future open market or other transactions by any Purchaser, specifically including, without limitation, Short
Sales or &ldquo;derivative&rdquo; transactions, before or after the closing of this or future private placement transactions, may negatively
impact the market price of the Company&rsquo;s publicly-traded securities; (iii)&nbsp;any Purchaser, and counter-parties in &ldquo;derivative&rdquo;
transactions to which any such Purchaser is a party, directly or indirectly, presently may have a &ldquo;short&rdquo; position in the
Common Shares, and (iv)&nbsp;each Purchaser shall not be deemed to have any affiliation with or control over any arm&rsquo;s length counter-party
in any &ldquo;derivative&rdquo; transaction. The Company further understands and acknowledges that (y)&nbsp;one or more Purchasers may
engage in hedging activities at various times during the period that the Securities are outstanding, and (z)&nbsp;such hedging activities
(if any) could reduce the value of the existing stockholders' equity interests in the Company at and after the time that the hedging
activities are being conducted. The Company acknowledges that such aforementioned hedging activities do not constitute a breach of any
of the Transaction Documents.</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: Page; Sequence: 9; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ee)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Regulation
M Compliance</U>. The Company has not, and to its knowledge no one acting on its behalf has, (i)&nbsp;taken, directly or indirectly, any
action designed to cause or to result in the stabilization or manipulation of the price of any security of the Company to facilitate the
sale or resale of any of the Securities, (ii)&nbsp;sold, bid for, purchased, or, paid any compensation for soliciting purchases of, any
of the Securities, or (iii)&nbsp;paid or agreed to pay to any Person any compensation for soliciting another to purchase any other securities
of the Company.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ff)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Regulatory
Compliance</U>. (1)&nbsp; Except as otherwise set forth in the SEC Reports, neither the Company nor any of its Subsidiaries has held any
material Regulatory Permits and, to the Company&rsquo;s knowledge, no such Regulatory Permits are or have been necessary for the Company
or any of its Subsidiaries to conduct their respective businesses as presently conducted. Except as otherwise set forth in the Registration
Statement, the Prospectus and the Prospectus Supplement, to the Company&rsquo;s knowledge, no governmental agency (including the ISA or
sponsoring state) has stated or otherwise indicated that a material Regulatory Permit is required for the Company or any of its Subsidiaries
to conduct their respective businesses as presently conducted. (2)&nbsp;There are no actions, suits or proceedings or, to the Company&rsquo;s
knowledge, threatened against the Company or any of its Subsidiaries related to compliance with UNCLOS Laws and Regulations, including
by a governmental agency (including the ISA or sponsoring state). The Company and its Subsidiaries are in material compliance with UNCLOS
Laws and Regulations. As used in this <U>Section&nbsp;3.1(ff)</U>, the following terms have the defined meanings: &ldquo;<U>ISA</U>&rdquo;
means the International Seabed Authority; &ldquo;<U>Regulatory Permits</U>&rdquo; means all permits or contracts granted or approved by
ISA or sponsoring state to the Company or any of its Subsidiaries; and &ldquo;<U>UNCLOS Laws and Regulations</U>&rdquo; means the United
Nations Convention for the Law of the Sea (&ldquo;<U>UNCLOS</U>&rdquo;) and all related laws, conventions, international agreements, and
implementing agreements, including (a)&nbsp;the 1994 Agreement relating to the Implementation of Part&nbsp;XI of UNCLOS, (b)&nbsp;the
laws administered by the ISA, and (c)&nbsp;any applicable customary international law.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(gg)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Mineral
Rights Agreements</U>. Any and all of the agreements and other documents and instruments relating to the Mineral Rights are valid and
subsisting agreements, documents or instruments in full force and effect, enforceable in accordance with the terms thereof, the Company
is not in default of any of the material provisions of any such agreements, documents or instruments, nor to the knowledge of the Company
has any such default been alleged, except in each case as would not reasonably be expected to have a Material Adverse Effect on the Company.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(hh)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Technical
Reports</U>. The Technical Reports complied in all material respects with the requirements of subpart 1300 of Regulation S-K under the
Securities Act (&ldquo;<U>S-K 1300</U>&rdquo;) as at the date of each such report; since the date of preparation of the Technical Reports
there has been no change that would disaffirm or change any aspect of the Technical Reports in any material respect or require the Company
to file updated Technical Reports in accordance with S-K 1300.</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: Page; Sequence: 10; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Office
of Foreign Assets Control</U>. Neither the Company nor any Subsidiary nor, to the Company's knowledge, any director, officer, agent, employee
or affiliate of the Company or any Subsidiary is currently subject to any U.S. sanctions administered by the Office of Foreign Assets
Control of the U.S. Treasury Department (&ldquo;<U>OFAC</U>&rdquo;).</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(jj)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Money
Laundering</U>. The operations of the Company and its Subsidiaries are and have been conducted at all times in compliance with applicable
financial record-keeping and reporting requirements of the Currency and Foreign Transactions Reporting Act of 1970, as amended, applicable
money laundering statutes and applicable rules&nbsp;and regulations thereunder (collectively, the &ldquo;<U>Money Laundering Laws</U>&rdquo;),
and no Action or Proceeding by or before any court or governmental agency, authority or body or any arbitrator involving the Company or
any Subsidiary with respect to the Money Laundering Laws is pending or, to the knowledge of the Company or any Subsidiary, threatened
in writing.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.2</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Representations
and Warranties of the Purchasers</U>. Each Purchaser, for itself and for no other Purchaser, hereby represents and warrants as of the
date hereof and as of the Closing Date to the Company as follows (unless as of a specific date therein, in which case they shall be accurate
as of such date):</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Organization;
Authority</U>. Such Purchaser is either an individual or an entity duly incorporated or formed, validly existing and in good standing
under the laws of the jurisdiction of its incorporation or formation with full right, corporate, partnership, limited liability company
or similar power and authority to enter into and to consummate the transactions contemplated by the Transaction Documents and otherwise
to carry out its obligations hereunder and thereunder. The execution and delivery of the Transaction Documents and performance by such
Purchaser of the transactions contemplated by the Transaction Documents have been duly authorized by all necessary corporate, partnership,
limited liability company or similar action, as applicable, on the part of such Purchaser. Each Transaction Document to which it is a
party has been duly executed by such Purchaser, and when delivered by such Purchaser in accordance with the terms hereof, will constitute
the valid and legally binding obligation of such Purchaser, enforceable against it in accordance with its terms, except: (i)&nbsp;as limited
by general equitable principles and applicable bankruptcy, insolvency, reorganization, moratorium and other laws of general application
affecting enforcement of creditors&rsquo; rights generally, (ii)&nbsp;as limited by laws relating to the availability of specific performance,
injunctive relief or other equitable remedies and (iii)&nbsp;insofar as indemnification and contribution provisions may be limited by
applicable law.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Understandings
or Arrangements</U>. Such Purchaser is acquiring the Securities as principal for its own account and has no direct or indirect arrangement
or understandings with any other persons to distribute or regarding the distribution of such Securities (this representation and warranty
not limiting such Purchaser&rsquo;s right to sell the Securities pursuant to the Registration Statement or otherwise in compliance with
applicable federal and state securities laws). Such Purchaser is acquiring the Securities hereunder in the ordinary course of its business.
Such Purchaser is not a resident in a province or territory of Canada and acknowledges that the Securities have not been and will not
be qualified for distribution in Canada and may not be offered or sold in Canada, including to a purchaser of Pre-Settlement Shares.</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: Page; Sequence: 11; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Reserved</U>.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Experience
of Such Purchaser</U>. Such Purchaser, either alone or together with its representatives, has such knowledge, sophistication and experience
in business and financial matters so as to be capable of evaluating the merits and risks of the prospective investment in the Securities,
and has so evaluated the merits and risks of such investment. Such Purchaser is able to bear the economic risk of an investment in the
Securities and, at the present time, is able to afford a complete loss of such investment.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Access
to Information</U>. Such Purchaser acknowledges that it has had the opportunity to review the Transaction Documents (including all exhibits
and schedules thereto) and the SEC Reports and has been afforded, (i)&nbsp;the opportunity to ask such questions as it has deemed necessary
of, and to receive answers from, representatives of the Company concerning the terms and conditions of the offering of the Securities
and the merits and risks of investing in the Securities; (ii)&nbsp;access to information about the Company and its financial condition,
results of operations, business, properties, management and prospects sufficient to enable it to evaluate its investment; and (iii)&nbsp;the
opportunity to obtain such additional information that the Company possesses or can acquire without unreasonable effort or expense that
is necessary to make an informed investment decision with respect to the investment.</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; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Certain
Transactions and Confidentiality</U>. Other than consummating the transactions contemplated hereunder, such Purchaser has not, nor
has any Person acting on behalf of or pursuant to any understanding with such Purchaser, directly or indirectly executed any
purchases or sales, including Short Sales,&nbsp;of the securities of the Company during the period commencing as of the time that
such Purchaser first received notice of the transaction contemplated hereunder (written or oral) from the Company or any other
Person representing the Company and ending immediately prior to the execution hereof or, with respect to [_____] until the last
Additional [_____] Closing and with respect to [_____] until the [_____] Closing. Notwithstanding the foregoing, in the case of a
Purchaser that is a multi-managed investment vehicle whereby separate portfolio managers manage separate portions of such
Purchaser&rsquo;s assets and the portfolio managers have no direct knowledge of the investment decisions made by the portfolio
managers managing other portions of such Purchaser&rsquo;s assets, the representation set forth above shall only apply with respect
to the portion of assets managed by the portfolio manager that made the investment decision to purchase the Securities covered by
this Agreement. Other than to other Persons party to this Agreement or to such Purchaser&rsquo;s representatives, including, without
limitation, its officers, directors, partners, legal and other advisors, employees, agents and Affiliates, such Purchaser has
maintained the confidentiality of all disclosures made to it in connection with this transaction (including the existence and terms
of this transaction). Notwithstanding the foregoing, for the avoidance of doubt, nothing contained herein shall constitute a
representation or warranty, or preclude any actions, with respect to locating or borrowing shares in order to effect Short Sales or
similar transactions in the future, except with respect to [_____] until the last Additional [_____] Closing and with respect to [_____] until the
[_____] Closing.</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: Page; Sequence: 12; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Money
Laundering</U>. The funds representing such Purchaser&rsquo;s Subscription Amount which will be advanced by such Purchaser to the Company
hereunder will not represent proceeds of crime for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act
(Canada) (the &ldquo;<U>PCMLA</U>&rdquo;) or the equivalent laws or regulations in other jurisdictions, and such Purchaser acknowledges
that the Company may in the future be required by law to disclose such Purchaser&rsquo;s name and other information relating to this Agreement
and such Purchaser&rsquo;s subscription hereunder, on a confidential basis, pursuant to the PCMLA or other similar law or regulation.
To the best of such Purchaser&rsquo;s knowledge (i)&nbsp;none of the subscription funds to be provided by such Purchaser&rsquo;s (A)&nbsp;have
been or will be obtained or derived, directly or indirectly, from or related to any activity that is deemed criminal under the law of
Canada, the United States of America, or any other jurisdiction, or (B)&nbsp;are being tendered on behalf of a person or entity who has
not been identified to such Purchaser, and (ii)&nbsp;it shall promptly notify the Company if such Purchaser discovers that any of such
representations ceases to be true, and to provide the Company with appropriate information in connection therewith</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; text-align: justify; text-indent: 0.5in">The Company acknowledges
and agrees that the representations contained in this Section&nbsp;3.2 shall not modify, amend or affect such Purchaser&rsquo;s
right to rely on the Company&rsquo;s representations and warranties contained in this Agreement or any representations and
warranties contained in any other Transaction Document or any other document or instrument executed and/or delivered in connection
with this Agreement or the consummation of the transactions contemplated hereby. Notwithstanding the foregoing, for the avoidance of
doubt, nothing contained herein shall constitute a representation or warranty, or preclude any actions, with respect to locating or
borrowing shares in order to effect Short Sales or similar transactions in the future, except with respect to [_____] until the last
Additional [_____] Closing and with respect to [_____] until the [_____] Closing.</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"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>ARTICLE&nbsp;IV.</B></FONT><BR>
OTHER AGREEMENTS OF THE PARTIES</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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.1</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Warrant
Shares</U>. If all or any portion of a Warrant is exercised at a time when there is an effective registration statement to cover the issuance
or resale of the Warrant Shares or if the Warrant is exercised via cashless exercise, if applicable, the Warrant Shares issued pursuant
to any such exercise shall be issued free of all legends. If at any time following the date hereof the Registration Statement (or any
subsequent registration statement registering the sale or resale of the Warrant Shares) is not effective or is not otherwise available
for the sale or resale of the Warrant Shares, the Company shall immediately notify the holders of the Warrants in writing that such registration
statement is not then effective and thereafter shall promptly notify such holders when the registration statement is effective again and
available for the sale or resale of the Warrant Shares (it being understood and agreed that the foregoing shall not limit the ability
of the Company to issue, or any Purchaser to sell, any of the Warrant Shares in compliance with applicable federal and state securities
laws). The Company shall use reasonable best efforts to keep a registration statement (including the Registration Statement) registering
the issuance or resale of the Warrant Shares effective during the term of the Warrants.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.2</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Furnishing
of Information</U>. Until the earliest of the time that (i)&nbsp;no Purchaser owns Securities or (ii)&nbsp;the Warrants have expired,
the Company covenants to use reasonable best efforts to timely file (or obtain extensions in respect thereof and file within the applicable
grace period) all reports required to be filed by the Company after the date hereof pursuant to the Exchange Act, provided that the Company
is then subject to the reporting requirements of the Exchange Act.</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: Page; Sequence: 13; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.3</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Integration</U>.
The Company shall not sell, offer for sale or solicit offers to buy or otherwise negotiate in respect of any security (as defined in Section&nbsp;2
of the Securities Act) that would be integrated with the offer or sale of the Securities for purposes of the rules&nbsp;and regulations
of any Trading Market such that it would require shareholder approval prior to the closing of such other transaction unless shareholder
approval is obtained before the closing of such subsequent transaction.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.4</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Securities
Laws Disclosure; Publicity</U>. The Company shall file a Current Report on Form&nbsp;8-K, including the Transaction Documents as exhibits
thereto, with the Commission within the time required by the Exchange Act. From and after the issuance of such press release and the dissemination
of the information set forth on Schedule A hereto, the Company represents to the Purchasers that it shall have publicly disclosed all
material, non-public information delivered to any of the Purchasers by the Company or any of its Subsidiaries, or any of their respective
officers, directors, employees or agents in connection with the transactions contemplated by the Transaction Documents. In addition, effective
upon the issuance of such press release, the Company acknowledges and agrees that any and all confidentiality or similar obligations under
any agreement, whether written or oral, between the Company, any of its Subsidiaries or any of their respective officers, directors, agents,
employees or Affiliates on the one hand, and any of the Purchasers or any of their Affiliates on the other hand, shall terminate. Notwithstanding
the foregoing, the Company shall not publicly disclose the name of any Purchaser, or include the name of any Purchaser in any filing with
the Commission or any regulatory agency or Trading Market, without the prior written consent of such Purchaser, except (a)&nbsp;as required
by federal securities law in connection with the filing of final Transaction Documents with the Commission and (b)&nbsp;to the extent
such disclosure is required by law or Trading Market regulations, in which case the Company shall, to the extent permitted by law, provide
the Purchasers with prior notice of such disclosure permitted under this clause (b).</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.5</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Shareholder
Rights Plan</U>. No claim will be made or enforced by the Company or, with the consent of the Company, any other Person, that any Purchaser
is an &ldquo;Acquiring Person&rdquo; under any control share acquisition, business combination, poison pill (including any distribution
under a rights agreement) or similar anti-takeover plan or arrangement in effect or hereafter adopted by the Company, or that any Purchaser
could be deemed to trigger the provisions of any such plan or arrangement, by virtue of receiving Securities under the Transaction Documents
or under any other agreement between the Company and the Purchasers.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.6</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Non-Public
Information</U>. Except with respect to the material terms and conditions of the transactions contemplated by the Transaction Documents,
which shall be disclosed pursuant to Section&nbsp;4.4, the Company covenants and agrees that neither it, nor any other Person acting on
its behalf will provide any Purchaser or its agents or counsel with any information that constitutes, or the Company reasonably believes
constitutes, material non-public information, unless prior thereto such Purchaser shall have consented to the receipt of such information
and agreed with the Company to keep such information confidential. The Company understands and confirms that each Purchaser shall be relying
on the foregoing covenant in effecting transactions in securities of the Company. To the extent that the Company, any of its Subsidiaries,
or any of their respective officers, directors, agents, employees or Affiliates, in any case acting on behalf of the Company or any of
its Subsidiaries, delivers any material, non-public information to a Purchaser without such Purchaser&rsquo;s consent, the Company hereby
covenants and agrees that such Purchaser shall not have any duty of confidentiality to the Company, any of its Subsidiaries, or any of
their respective officers, directors, agents, employees or Affiliates, or a duty to the Company, any of its Subsidiaries or any of their
respective officers, directors, agents, employees or Affiliates not to trade on the basis of, such material, non-public information, provided
that the Purchaser shall remain subject to applicable law. Unless otherwise agreed to by the applicable parties, to the extent that any
notice provided pursuant to any Transaction Document constitutes, or contains, material, non-public information regarding the Company
or any Subsidiaries, the Company shall simultaneously file such material, non-public information with the Commission pursuant to a Current
Report on Form&nbsp;8-K. The Company understands and confirms that each Purchaser shall be relying on the foregoing covenant in effecting
transactions in securities of the Company.</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: Page; Sequence: 14; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.7</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Use
of Proceeds</U>. The Company intends to use the net proceeds from the sale of the Securities hereunder for working capital, and other
general corporate purposes.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.8</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Indemnification
of Purchasers</U>. Subject to the provisions of this Section&nbsp;4.8, the Company will indemnify and hold each Purchaser and its directors,
officers, shareholders, members, partners, employees and agents (and any other Persons with a functionally equivalent role of a Person
holding such titles notwithstanding a lack of such title or any other title), each Person who controls such Purchaser (within the meaning
of Section&nbsp;15 of the Securities Act and Section&nbsp;20 of the Exchange Act), and the directors, officers, shareholders, agents,
members, partners or employees (and any other Persons with a functionally equivalent role of a Person holding such titles notwithstanding
a lack of such title or any other title) of such controlling persons (each, a &ldquo;Purchaser Party&rdquo;) harmless from any and all
losses, liabilities, obligations, claims, contingencies, damages, costs and expenses, including all judgments, amounts paid in settlements,
court costs and reasonable attorneys&rsquo; fees and costs of investigation that any such Purchaser Party may suffer or incur as a result
of or relating to (a)&nbsp;any breach of any of the representations, warranties, covenants or agreements made by the Company in this Agreement
or in the other Transaction Documents or (b)&nbsp;any action instituted against the Purchaser Parties in any capacity, or any of them
or their respective Affiliates, by any stockholder of the Company who is not an Affiliate of such Purchaser Party, with respect to any
of the transactions contemplated by the Transaction Documents (unless such action is solely based upon a material breach of such Purchaser
Party&rsquo;s representations, warranties or covenants under the Transaction Documents or any agreements or understandings such Purchaser
Party may have with any such stockholder or any violations by such Purchaser Party of state or federal securities laws or any conduct
by such Purchaser Party which is finally judicially determined to constitute fraud, gross negligence or willful misconduct). If any action
shall be brought against any Purchaser Party in respect of which indemnity may be sought pursuant to this Agreement, such Purchaser Party
shall promptly notify the Company in writing, and the Company shall have the right to assume the defense thereof with counsel of its own
choosing reasonably acceptable to the Purchaser Party. Any Purchaser Party shall have the right to employ separate counsel in any such
action and participate in the defense thereof, but the fees and expenses of such counsel shall be at the expense of such Purchaser Party
except to the extent that (i)&nbsp;the employment thereof has been specifically authorized by the Company in writing, (ii)&nbsp;the Company
has failed after a reasonable period of time to assume such defense and to employ counsel or (iii)&nbsp;in such action there is, in the
reasonable opinion of counsel, a material conflict on any material issue between the position of the Company and the position of such
Purchaser Party, in which case the Company shall be responsible for the reasonable fees and expenses of no more than one such separate
counsel. The Company will not be liable to any Purchaser Party under this Agreement (y)&nbsp;for any settlement by a Purchaser Party effected
without the Company&rsquo;s prior written consent, which shall not be unreasonably withheld or delayed; or (z)&nbsp;to the extent, but
only to the extent that a loss, claim, damage or liability is attributable to any Purchaser Party&rsquo;s breach of any of the representations,
warranties, covenants or agreements made by such Purchaser Party in this Agreement or in the other Transaction Documents. The indemnity
agreements contained herein shall be in addition to any cause of action or similar right of any Purchaser Party against the Company or
others and any liabilities the Company may be subject to pursuant to law.</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: Page; Sequence: 15; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.9</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Reservation
of Common Shares</U>. As of the date hereof, the Company has reserved and the Company shall continue to reserve and keep available at
all times, free of preemptive rights, a sufficient number of Common Shares for the purpose of enabling the Company to issue Shares pursuant
to this Agreement and Warrant Shares pursuant to any exercise of the Warrants.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.10</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Listing
of Common Shares</U>. The Company hereby agrees to use commercially reasonable efforts to maintain the listing or quotation of the Common
Shares on the Trading Market on which they are currently listed, and concurrently with the Closing, the Company shall apply to list or
quote all of the Shares and Warrant Shares on such Trading Market and promptly secure the listing of all of the Shares and Warrant Shares
on such Trading Market. The Company further agrees, if the Company applies to have the Common Shares traded on any other Trading Market,
it will then include in such application all of the Shares and Warrant Shares, and will take such other action as is reasonably necessary
to cause all of the Shares and Warrant Shares to be listed or quoted on such other Trading Market as promptly as possible. The Company
will then take all action reasonably necessary to continue the listing and trading of its Common Shares on a Trading Market and will comply
in all respects with the Company&rsquo;s reporting, filing and other obligations of which it has control under its articles or rules&nbsp;of
the Trading Market. The Company agrees to maintain the eligibility of the Common Shares for electronic transfer through the Depository
Trust Company or another established clearing corporation, including, without limitation, by timely payment of fees to the Depository
Trust Company or such other established clearing corporation in connection with such electronic transfer.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.11</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Reserved</U>.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.12</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Equal
Treatment of Purchasers</U>. No consideration (including any modification of any Transaction Document) shall be offered or paid to any
Person to amend or consent to a waiver or modification of any provision of the Transaction Documents unless the same consideration is
also offered to all of the parties to such Transaction Document. For clarification purposes, this provision constitutes a separate right
granted to each Purchaser by the Company and negotiated separately by each Purchaser, and is intended for the Company to treat the Purchasers
as a class and shall not in any way be construed as the Purchasers acting in concert or as a group with respect to the purchase, disposition
or voting of Securities or otherwise.</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: Page; Sequence: 16; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.13</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Certain
Transactions and Confidentiality</U>. Each Purchaser, severally and not jointly with the other Purchasers, covenants that neither it
nor any Affiliate acting on its behalf or pursuant to any understanding with it will execute any purchases or sales, including Short
Sales of any of the Company&rsquo;s securities (other than the Shares purchased hereunder) during the period commencing with the
execution of this Agreement and ending at such time that the transactions contemplated by this Agreement are first publicly
announced pursuant to the initial press release as described in Section&nbsp;4.4 or, with respect to [_____] until the last Additional [_____] Closing and with respect to [_____] until the
[_____] Closing. Each
Purchaser, severally and not jointly with the other Purchasers, covenants that until such time as the transactions contemplated by
this Agreement are publicly disclosed by the Company pursuant to the initial press release as described in Section&nbsp;4.4, such
Purchaser will maintain the confidentiality of the existence and terms of this transaction. Notwithstanding the foregoing, and
notwithstanding anything contained in this Agreement to the contrary, the Company expressly acknowledges and agrees that (i)&nbsp;no
Purchaser makes any representation, warranty or covenant hereby that it will not engage in effecting transactions in any securities
of the Company after the time that the transactions contemplated by this Agreement are first publicly announced pursuant to the
initial press release as described in Section&nbsp;4.4, (ii)&nbsp;no Purchaser shall be restricted or prohibited from effecting any
transactions in any securities of the Company in accordance with applicable securities laws from and after the time that the
transactions contemplated by this Agreement are first publicly announced pursuant to the initial press release as described in
Section&nbsp;4.4 and (iii)&nbsp;no Purchaser shall have any duty of confidentiality or duty not to trade in the securities of the
Company to the Company or its Subsidiaries after the issuance of the initial press release as described in Section&nbsp;4.4.
Notwithstanding the foregoing, in the case of a Purchaser that is a multi-managed investment vehicle whereby separate portfolio
managers manage separate portions of such Purchaser&rsquo;s assets and the portfolio managers have no direct knowledge of the
investment decisions made by the portfolio managers managing other portions of such Purchaser&rsquo;s assets, the covenant set forth
above shall only apply with respect to the portion of assets managed by the portfolio manager that made the investment decision to
purchase the Securities covered by this Agreement.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.14</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Exercise
Procedures</U>. The form of Notice of Exercise included in the Warrants set forth the totality of the procedures required of the Purchasers
in order to exercise the Warrants. No additional legal opinion, other information or instructions shall be required of the Purchasers
to exercise their Warrants. Without limiting the preceding sentences, no ink-original Notice of Exercise shall be required, nor shall
any medallion guarantee (or other type of guarantee or notarization) of any Notice of Exercise form be required in order to exercise the
Warrants. The Company shall honor exercises of the Warrants and shall deliver Warrant Shares in accordance with the terms, conditions and time periods set forth
in the Transaction Documents.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.15</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Canadian
Sales</U>. Each Purchaser (i)&nbsp;acknowledges that any resale of the Securities in or into Canada must be exempt from, or not subject
to, the requirement in Canadian securities legislation that prohibits a person or company from distributing a security without a prospectus
that qualifies that distribution, and, where applicable, in compliance with or exempt from dealer registration requirements under Canadian
securities legislation, and (ii)&nbsp;covenants that, unless permitted under applicable Canadian securities legislation, such Purchaser
will not trade the Securities in Canada before the date that is four (4)&nbsp;months and a day after the Closing Date.</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: Page; Sequence: 17; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>ARTICLE&nbsp;V.</B></FONT><BR>
MISCELLANEOUS</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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.1</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Termination</U>.
This Agreement may be terminated by any Purchaser, as to such Purchaser&rsquo;s obligations hereunder only and without any effect whatsoever
on the obligations between the Company and the other Purchasers, by written notice to the other parties, if the Closing has not been consummated
on or before the fifth (5<SUP>th</SUP>) Trading Day following the date hereof; provided, however, that no such termination will affect
the right of any party to sue for any breach by any other party (or parties).</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.2</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Fees
and Expenses.</U> Except as expressly set forth in the Transaction Documents to the contrary, each party shall pay the fees and expenses
of its advisers, counsel, accountants and other experts, if any, and all other expenses incurred by such party incident to the negotiation,
preparation, execution, delivery and performance of this Agreement. The Company shall pay all Transfer Agent fees (including, without
limitation, any fees required for same-day processing of any instruction letter delivered by the Company and any exercise notice delivered
by a Purchaser), stamp taxes and other taxes and duties levied in connection with the delivery of any Securities to the Purchasers.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.3</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Entire
Agreement</U>. The Transaction Documents, together with the exhibits and schedules thereto, the Prospectus and the Prospectus Supplement,
contain the entire understanding of the parties with respect to the subject matter hereof and thereof and supersede all prior agreements
and understandings, oral or written, with respect to such matters, which the parties acknowledge have been merged into such documents,
exhibits and schedules.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.4</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Notices</U>.
Any and all notices or other communications or deliveries required or permitted to be provided hereunder shall be in writing and shall
be deemed given and effective on the earliest of: (a)&nbsp;the time of transmission, if such notice or communication is delivered via
email attachment at the email address as set forth on the signature pages&nbsp;attached hereto at or prior to 5:30 p.m.&nbsp;(New York
City time) on a Trading Day, (b)&nbsp;the next Trading Day after the time of transmission, if such notice or communication is delivered
via email attachment at the email address as set forth on the signature pages&nbsp;attached hereto on a day that is not a Trading Day
or later than 5:30 p.m.&nbsp;(New York City time) on any Trading Day, (c)&nbsp;the second (2<SUP>nd</SUP>) Trading Day following the date
of mailing, if sent by U.S. nationally recognized overnight courier service or (d)&nbsp;upon actual receipt by the party to whom such
notice is required to be given. The address for such notices and communications shall be as set forth on the signature pages&nbsp;attached
hereto.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.5</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Amendments;
Waivers</U>. No provision of this Agreement may be waived, modified, supplemented or amended except in a written instrument signed, in
the case of an amendment, by the Company and Purchasers which purchased at least 50.1% in interest of the Securities based on the initial
Subscription Amounts hereunder or, in the case of a waiver, by the party against whom enforcement of any such waived provision is sought,
provided that if any amendment, modification or waiver disproportionately and adversely impacts a Purchaser (or group of Purchasers) in
any material respect, the consent of such disproportionately impacted Purchaser (or group of Purchasers) shall also be required. No waiver
of any default with respect to any provision, condition or requirement of this Agreement shall be deemed to be a continuing waiver in
the future or a waiver of any subsequent default or a waiver of any other provision, condition or requirement hereof except to the extent
expressly stated in such waiver, nor shall any delay or omission of any party to exercise any right hereunder in any manner impair the
exercise of any such right. Any proposed amendment or waiver that disproportionately, materially and adversely affects the rights and
obligations of any Purchaser relative to the comparable rights and obligations of the other Purchasers shall require the prior written
consent of such adversely affected Purchaser. Any amendment effected in accordance with this Section&nbsp;5.5 shall be binding upon each
Purchaser and holder of Securities and the Company.</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: Page; Sequence: 18; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.6</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Headings</U>.
The headings herein are for convenience only, do not constitute a part of this Agreement and shall not be deemed to limit or affect any
of the provisions hereof.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.7</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Successors
and Assigns</U>. This Agreement shall be binding upon and inure to the benefit of the parties and their successors and permitted assigns.
The Company may not assign this Agreement or any rights or obligations hereunder without the prior written consent of each Purchaser (other
than by merger). Any Purchaser may assign any or all of its rights under this Agreement to any Person to whom such Purchaser assigns or
transfers any Securities, provided that such transferee agrees in writing to be bound, with respect to the transferred Securities, by
the provisions of the Transaction Documents that apply to the &ldquo;Purchasers.&rdquo;</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.8</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>No
Third-Party Beneficiaries</U>. This Agreement is intended for the benefit of the parties hereto and their respective successors and permitted
assigns and is not for the benefit of, nor may any provision hereof be enforced by, any other Person, except as otherwise set forth in
Section&nbsp;4.8 and this Section&nbsp;5.8.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.9</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Governing
Law</U>. All questions concerning the construction, validity, enforcement and interpretation of the Transaction Documents shall be governed
by and construed and enforced in accordance with the internal laws of the State of New York, without regard to the principles of conflicts
of law thereof. Each party agrees that all legal Proceedings concerning the interpretations, enforcement and defense of the transactions
contemplated by this Agreement and any other Transaction Documents (whether brought against a party hereto or its respective affiliates,
directors, officers, shareholders, partners, members, employees or agents) shall be commenced exclusively in the state and federal courts
sitting in the City of New York. Each party hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts sitting
in the City of New York, Borough of Manhattan for the adjudication of any dispute hereunder or in connection herewith or with any transaction
contemplated hereby or discussed herein (including with respect to the enforcement of any of the Transaction Documents), and hereby irrevocably
waives, and agrees not to assert in any Action or Proceeding, any claim that it is not personally subject to the jurisdiction of any such
court, that such Action or Proceeding is improper or is an inconvenient venue for such Proceeding. Each party hereby irrevocably waives
personal service of process and consents to process being served in any such Action or Proceeding by mailing a copy thereof via registered
or certified mail or overnight delivery (with evidence of delivery) to such party at the address in effect for notices to it under this
Agreement and agrees that such service shall constitute good and sufficient service of process and notice thereof. Nothing contained herein
shall be deemed to limit in any way any right to serve process in any other manner permitted by law.</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: Page; Sequence: 19; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.10</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Survival</U>.
The representations and warranties contained herein shall survive the Closing and the delivery of the Securities for one year following
the Closing Date.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.11</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Execution</U>.
This Agreement may be executed in two or more counterparts, all of which when taken together shall be considered one and the same agreement
and shall become effective when counterparts have been signed by each party and delivered to each other party, it being understood that
the parties need not sign the same counterpart. In the event that any signature is delivered by e-mail delivery of a &ldquo;.pdf&rdquo;
format data file or any electronic signature complying with the U.S. federal ESIGN Act of 2000, the Uniform Electronic Transactions Act
or other applicable law (e.g., www.docusign.com), such signature shall create a valid and binding obligation of the party executing (or
on whose behalf such signature is executed) with the same force and effect as if such &ldquo;.pdf&rdquo; or &ldquo;electronic&rdquo; signature
page&nbsp;were an original thereof.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.12</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Severability</U>.
If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction to be invalid, illegal,
void or unenforceable, the remainder of the terms, provisions, covenants and restrictions set forth herein shall remain in full force
and effect and shall in no way be affected, impaired or invalidated, and the parties hereto shall use their commercially reasonable efforts
to find and employ an alternative means to achieve the same or substantially the same result as that contemplated by such term, provision,
covenant or restriction. It is hereby stipulated and declared to be the intention of the parties that they would have executed the remaining
terms, provisions, covenants and restrictions without including any of such that may be hereafter declared invalid, illegal, void or unenforceable.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.13</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Rescission
and Withdrawal Right</U>. Notwithstanding anything to the contrary contained in (and without limiting any similar provisions of) any of
the other Transaction Documents, whenever any Purchaser exercises a right, election, demand or option under a Transaction Document and
the Company does not timely perform its related obligations within the periods therein provided, then such Purchaser may rescind or withdraw,
in its sole discretion from time to time upon written notice to the Company, any relevant notice, demand or election in whole or in part
without prejudice to its future actions and rights ; provided, however, that, in the case of a rescission of an exercise of a Warrant,
the applicable Purchaser shall be required to return any Common Shares subject to any such rescinded exercise notice concurrently with the return to such Purchaser
of the aggregate exercise price paid to the Company for such shares and the restoration of such Purchaser&rsquo;s
right to acquire such shares pursuant to such Purchaser&rsquo;s Warrant (including, issuance of a replacement
warrant certificate evidencing such restored right).</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.14</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Replacement
of Securities</U>. If any certificate or instrument evidencing any Securities is mutilated, lost, stolen or destroyed, the Company shall
issue or cause to be issued in exchange and substitution for and upon cancellation thereof (in the case of mutilation), or in lieu of
and substitution therefor, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to the Company of
such loss, theft or destruction. The applicant for a new certificate or instrument under such circumstances shall also pay any reasonable
third-party costs (including customary indemnity) associated with the issuance of such replacement Securities.</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: Page; Sequence: 20; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.15</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Remedies</U>.
In addition to being entitled to exercise all rights provided herein or granted by law, including recovery of damages, each of the Purchasers
and the Company will be entitled to specific performance under the Transaction Documents. The parties agree that monetary damages may
not be adequate compensation for any loss incurred by reason of any breach of obligations contained in the Transaction Documents and hereby
agree to waive and not to assert in any Action for specific performance of any such obligation the defense that a remedy at law would
be adequate.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.16</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Payment
Set Aside</U>. To the extent that the Company makes a payment or payments to any Purchaser pursuant to any Transaction Document or a Purchaser
enforces or exercises its rights thereunder, and such payment or payments or the proceeds of such enforcement or exercise or any part
thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside, recovered from, disgorged by or are required
to be refunded, repaid or otherwise restored to the Company, a trustee, receiver or any other Person under any law (including, without
limitation, any bankruptcy law, state or federal law, common law or equitable cause of action), then to the extent of any such restoration
the obligation or part thereof originally intended to be satisfied shall be revived and continued in full force and effect as if such
payment had not been made or such enforcement or setoff had not occurred.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.17</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Independent
Nature of Purchasers&rsquo; Obligations and Rights</U>. The obligations of each Purchaser under any Transaction Document are several and
not joint with the obligations of any other Purchaser, and no Purchaser shall be responsible in any way for the performance or non-performance
of the obligations of any other Purchaser under any Transaction Document. Nothing contained herein or in any other Transaction Document,
and no action taken by any Purchaser pursuant hereto or thereto, shall be deemed to constitute the Purchasers as a partnership, an association,
a joint venture or any other kind of entity, or create a presumption that the Purchasers are in any way acting in concert or as a group
with respect to such obligations or the transactions contemplated by the Transaction Documents. Each Purchaser shall be entitled to independently
protect and enforce its rights including, without limitation, the rights arising out of this Agreement or out of the other Transaction
Documents, and it shall not be necessary for any other Purchaser to be joined as an additional party in any Proceeding for such purpose.
Each Purchaser has been represented by its own separate legal counsel in its review and negotiation of the Transaction Documents. The
Company has elected to provide all Purchasers with the same terms and Transaction Documents for the convenience of the Company and not
because it was required or requested to do so by any of the Purchasers. It is expressly understood and agreed that each provision contained
in this Agreement and in each other Transaction Document is between the Company and a Purchaser, solely, and not between the Company and
the Purchasers collectively and not between and among the Purchasers.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.18</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Saturdays,
Sundays, Holidays,&nbsp;etc</U>. If the last or appointed day for the taking of any action or the expiration of any right required or
granted herein shall not be a Business Day, then such action may be taken or such right may be exercised on the next succeeding Business
Day.</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: Page; Sequence: 21; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.19</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><U>Construction</U>.
The parties agree that each of them and/or their respective counsel have reviewed and had an opportunity to revise the Transaction Documents
and, therefore, the normal rule&nbsp;of construction to the effect that any ambiguities are to be resolved against the drafting party
shall not be employed in the interpretation of the Transaction Documents or any amendments thereto. In addition, each and every reference
to share prices and Common Shares in any Transaction Document shall be subject to adjustment for reverse and forward stock splits, stock
dividends, stock combinations and other similar transactions of the Common Shares that occur after the date of this Agreement.</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; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.20</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt"><B>WAIVER
OF JURY TRIAL. IN ANY ACTION, SUIT, OR PROCEEDING IN ANY JURISDICTION BROUGHT BY ANY PARTY AGAINST ANY OTHER PARTY, THE PARTIES EACH KNOWINGLY
AND INTENTIONALLY, TO THE GREATEST EXTENT PERMITTED BY APPLICABLE LAW, HEREBY ABSOLUTELY, UNCONDITIONALLY,&nbsp;IRREVOCABLY AND EXPRESSLY
WAIVES FOREVER TRIAL BY JURY.</B></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; text-align: center"><I>(Signature Pages&nbsp;Follow)</I></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: 22; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></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: justify; text-indent: 0.5in">IN WITNESS WHEREOF, the parties
hereto have caused this Securities Purchase Agreement to be duly executed by their respective authorized signatories as of the date first
indicated above.</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: top">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>TMC the metals company Inc.</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Address for Notice:</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; width: 45%"></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">595 Howe Street, 10 Floor</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Vancouver, British Columbia</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">V6C 2T5</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">E-Mail: craig@metals.co</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">With a copy to (which shall not constitute notice):</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Attn: Daniel T. Kajunski</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">One Financial Center</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Boston, MA 02111</FONT></TD>
    <TD>&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; text-align: center">[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SIGNATURE PAGE FOR PURCHASER FOLLOWS]</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: 23 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">[<I>Signature page&nbsp;to Securities Purchase Agreement</I>]</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">[PURCHASER SIGNATURE PAGES TO SECURITIES PURCHASE
AGREEMENT]</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">IN WITNESS WHEREOF, the undersigned
have caused this Securities Purchase Agreement to be duly executed by their respective authorized signatories as of the date first indicated
above.</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify; width: 1.3in">Name of Purchaser:</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD></TR>
</TABLE>


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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: left; width: 3in"><FONT STYLE="font-family: Times New Roman, Times, Serif"><I>Signature of Authorized Signatory of Purchaser</I></FONT>:</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD></TR>
</TABLE>


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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: left; width: 2in">Name of Authorized Signatory:</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD></TR>
</TABLE>


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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify; width: 2in">Title of Authorized Signatory:</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD></TR>
</TABLE>


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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: left; width: 15pc">Email Address of Authorized Signatory:</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: justify">&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">Address for Notice to Purchaser:</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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Address for Delivery of Securities to Purchaser (if not same as address
for notice):</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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Subscription Amount: $____________________<SUP></SUP></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">[[_____] Subscription Amounts: $_________ (on the Closing Date) $_________
(by November&nbsp;30, 2023) $_________ (by January&nbsp;31, 2024)]<SUP>1</SUP></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">Shares: _________________________________<SUP>2</SUP></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
  <TD STYLE="width: 1.2in">Warrant Shares:</TD>
  <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Beneficial
Ownership Blocker: </FONT><FONT STYLE="font-family: Wingdings">&#168;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT>4.99%
or <FONT STYLE="font-family: Wingdings">&#168;</FONT>&nbsp;9.99% or <FONT STYLE="font-family: Wingdings">&#168;</FONT>&nbsp;19.99%</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
  <TD STYLE="width: 0.9in">EIN Number:</TD>
  <TD STYLE="border-bottom: Black 1pt solid">&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; text-align: justify"><FONT STYLE="font-family: Wingdings">&#168;</FONT>&nbsp;&nbsp;&nbsp;Notwithstanding
anything contained in this Agreement to the contrary, by checking this box (i)&nbsp;the obligations of the above-signed to purchase the
securities set forth in this Agreement to be purchased from the Company by the above-signed, and the obligations of the Company to sell
such securities to the above-signed, shall be unconditional and all conditions to Closing shall be disregarded, (ii)&nbsp;the Closing
shall occur on the second (2<SUP>nd</SUP>) Trading Day following the date of this Agreement and (iii)&nbsp;any condition to Closing contemplated
by this Agreement (but prior to being disregarded by clause (i)&nbsp;above) that required delivery by the Company or the above-signed
of any agreement, instrument, certificate or the like or purchase price (as applicable) shall no longer be a condition and shall instead
be an unconditional obligation of the Company or the above-signed (as applicable) to deliver such agreement, instrument, certificate
or the like or purchase price (as applicable) to such other party on the Closing Date.</P>

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

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

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 3pt; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><SUP>1</SUP> If applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><SUP>2</SUP> Please indicate amounts for [_____]
Closing, if applicable, separately.</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[SIGNATURE PAGES CONTINUE]</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: 24 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">[<I>Signature page&nbsp;to Securities Purchase Agreement</I>]</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"><U>EXHIBIT&nbsp;A</U></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">Form&nbsp;of Class&nbsp;A Purchase Warrant</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: 25; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Exhibit&nbsp;A</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-99.1
<SEQUENCE>6
<FILENAME>tm2323509d2_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin: 0"><B>Exhibit&nbsp;99.1</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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
registrant is filing this Exhibit&nbsp;99.1 for the purpose of incorporating the information set forth herein by reference into the registration
statement on Form&nbsp;S-3 </FONT>(Reg. No.&nbsp;333-267479) that was filed by the registrant with the Securities and Exchange Commission
(the &ldquo;SEC&rdquo;) on September&nbsp;16, 2022, as amended, and declared effective by the SEC on October&nbsp;14, 2022.</P>

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

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following table sets forth the estimated costs and expenses, other than fees payable to our financial advisors, payable by the registrant
in connection with the sale of the securities being registered:</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" STYLE="border-collapse: collapse; width: 70%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 77%; font: 10pt Times New Roman, Times, Serif; text-align: left">SEC registration fee</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="width: 20%; font: 10pt Times New Roman, Times, Serif; text-align: right">--</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">FINRA filing fee</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">--</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Printing and engraving expenses</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">15,000</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Legal fees and expenses</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">425,000</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Accountants&rsquo; fees and expenses</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">55,000</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Transfer agent and registrar fees and expenses</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">15,000</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt">Miscellaneous expenses</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">10,000</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Total</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">520,000</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&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"></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"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>7
<FILENAME>tm2323509d2_ex99-2.htm
<DESCRIPTION>EXHIBIT 99.2
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin: 0"><B>Exhibit 99.2</B></P>

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

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><B>The Metals Company Announces ~US$27 Million Registered Direct
Offering at $2.00 Per Share Plus <FONT STYLE="text-decoration: double">Class A </FONT>Warrants</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">NEW YORK &mdash; Aug. 14, 2023 &mdash; TMC
the metals company Inc. (Nasdaq: TMC) (&ldquo;TMC&rdquo; or the &ldquo;Company&rdquo;), an explorer of lower-impact battery metals from
seafloor polymetallic nodules, today announced that it has entered into a securities purchase agreement with certain investors for the
purchase of 13,461,540 common shares of the Company (the &ldquo;Shares&rdquo;), without par value (&ldquo;Common Shares&rdquo;), and accompanying
Class A warrants (the &ldquo;Class A Warrants&rdquo; <FONT STYLE="text-decoration: double">and collectively with the Shares and Class
A Warrants, the &ldquo;Securities&rdquo;</FONT>) to purchase up to 6,730,770 Common Shares in a registered direct offering. Each Common
Share and the accompanying Class A Warrant <FONT STYLE="text-decoration: double">to purchase 0.5 Common Shares</FONT> are being sold
at a price of US$2.00. The Class A Warrants have an initial exercise price of US$3.00 per share, subject to certain adjustments therein,
are exercisable immediately upon issuance and will expire on December 31, 2027.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Gross proceeds to the Company from the offering
are expected to be approximately US$27 million, before deducting the financial advisors&rsquo; fees and other offering expenses payable
by the Company. The Company intends to use the net proceeds from the offering on working capital and general corporate purposes.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In addition, certain investors may purchase up to an aggregate of 5,500,000 additional Shares and accompanying Class A Warrants to purchase
up to an aggregate of 2,750,000 additional Common Shares upon notice to the Company on or before September 15, 2023 if the closing price
of the Common Shares on the trading day before such investor&rsquo;s notice is $3.00 or less for an aggregate of up to an additional US$11
million.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">ERAS Capital LLC, the family fund of the Company&rsquo;s director, Andrei Karkar, and existing shareholder, agreed to
purchase <FONT STYLE="text-decoration: double">5,000,000 </FONT>Common Shares and accompanying Class A Warrants to purchase <FONT STYLE="text-decoration: double">2,500,000
</FONT>Common Shares for a total purchase price of US$<FONT STYLE="text-decoration: double">10</FONT> million. In addition, Allseas Group
S.A., a strategic partner of the Company and existing shareholder, agreed to purchase <FONT STYLE="text-decoration: double">3,500,000
</FONT>Common Shares and accompanying Class A Warrants to purchase <FONT STYLE="text-decoration: double">1,750,000</FONT> Common Shares
for a total purchase price of US$<FONT STYLE="text-decoration: double">7</FONT> million. The Company&rsquo;s Chief Executive Officer and Chairman, Gerard
Barron, the Company&rsquo;s Chief Financial Officer, Craig Shesky, and other members of the Company&rsquo;s board of directors also agreed
to purchase Securities in the offering.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The initial closing of the offering is expected
on or about August 16, 2023, subject to the satisfaction of customary closing conditions. Two additional closings for US$<FONT STYLE="text-decoration: double">2.5
</FONT>million and US$<FONT STYLE="text-decoration: double">6.5</FONT> million are expected to occur on or before November <FONT STYLE="text-decoration: double">30</FONT>,
2023 and January <FONT STYLE="text-decoration: double">31</FONT>, 2024, respectively, with respect to one of the investors in the offering
pursuant to the terms of the securities purchase agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Cantor Fitzgerald &amp; Co., Wedbush Securities
LLC, EAS Advisors LLC, Fearnley Securities Inc. and ThinkEquity LLC are engaged by <FONT STYLE="text-decoration: double">the Company
</FONT>as financial advisors.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Securities are being offered by the Company
pursuant to an effective shelf registration statement that was previously filed with the U.S. Securities and Exchange Commission (&ldquo;SEC&rdquo;)
on September 16, 2022, as amended, and declared effective by the SEC on October 14, 2022 (Reg. No. 333-267479). The offering is being
made only by means of a written prospectus and prospectus supplement that form a part of the registration statement. A prospectus supplement
<FONT STYLE="text-decoration: double">dated August 14, 2023</FONT> relating to and describing the terms of the offering will be filed
with the SEC and will be available on the SEC&rsquo;s website at www.sec.gov.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&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="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: justify">This press release shall not constitute an offer
to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction
in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any
such state or jurisdiction.</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"><B>About&nbsp;The Metals Company</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">The Metals Company&nbsp;is an explorer of lower-impact
battery metals from seafloor polymetallic nodules on a dual mission: (1)&nbsp;supply metals for the clean energy transition with the least
possible negative environmental and social impact and (2)&nbsp;accelerate the transition to a circular metal economy. The Company, through
its subsidiaries, holds exploration and commercial rights to three polymetallic nodule contract areas in the&nbsp;Clarion Clipperton Zone&nbsp;of
the&nbsp;Pacific Ocean&nbsp;regulated by the&nbsp;International Seabed Authority and sponsored by the governments of&nbsp;Nauru,&nbsp;Kiribati&nbsp;and
the Kingdom of&nbsp;Tonga.</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"><B>Forward-Looking Statements</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">This press release contains &ldquo;forward-looking&rdquo;
statements and information within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified
by words such as &ldquo;aims,&rdquo; &ldquo;anticipates,&rdquo; &ldquo;believes,&rdquo; &ldquo;could,&rdquo; &ldquo;estimates,&rdquo;
 &ldquo;expects,&rdquo; &ldquo;forecasts,&rdquo; &ldquo;goal,&rdquo; &ldquo;intends,&rdquo; &ldquo;may,&rdquo; &ldquo;plans,&rdquo; &ldquo;possible,&rdquo;
 &ldquo;potential,&rdquo; &ldquo;seeks,&rdquo; &ldquo;will&rdquo; and variations of these words or similar expressions, although not all
forward-looking statements contain these words. Forward-looking statements in this press release include, but are not limited to, statements
concerning: the timing, terms and size of the registered direct offering, the possibility that the registered direct offering will be
completed and the anticipated uses of the proceeds from the registered direct offering. The Company may not actually achieve the plans,
intentions or expectations disclosed in these forward-looking statements, and you should not place undue reliance on these forward-looking
statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in these forward-looking
statements as a result of various factors, including, among other things: the Company&rsquo;s ability to satisfy the closing conditions
in the securities purchase agreement; the risk that the investors will not exercise the warrants issued or issuable as part of the registered
direct offering; the Company&rsquo;s strategies and future financial performance; the International Seabed Authority&rsquo;s (&ldquo;ISA&rdquo;)
ability to timely adopt the Mining Code and/or willingness to review and/or approve a plan of work for exploitation under the United Nations
Convention on the Laws of the Sea (UNCLOS); the Company&rsquo;s ability to obtain exploitation contracts or approved plans of work for
exploitation for its areas in the Clarion Clipperton Zone; regulatory uncertainties and the impact of government regulation and political
instability on the Company&rsquo;s resource activities; changes to any of the laws, rules, regulations or policies to which the Company
is subject, including the terms of the final Mining Code, if any, adopted by ISA and the potential timing thereof; the impact of extensive
and costly environmental requirements on the Company&rsquo;s operations; environmental liabilities; the impact of polymetallic nodule
collection on biodiversity in the Clarion Clipperton Zone and recovery rates of impacted ecosystems; the Company&rsquo;s ability to develop
minerals in sufficient grade or quantities to justify commercial operations; the lack of development of seafloor polymetallic nodule deposit;
the Company&rsquo;s ability to successfully enter into binding agreements with Allseas Group S.A. and other parties in which it is in
discussions, if any,; uncertainty in the estimates for mineral resource calculations from certain contract areas and for the grade and
quality of polymetallic nodule deposits; risks associated with natural hazards; uncertainty with respect to the specialized treatment
and processing of polymetallic nodules that the Company may recover; risks associated with collective, development and processing operations,
including with respect to the development of onshore processing capabilities and capacity and Allseas Group S.A.&rsquo;s expected development
efforts with respect to the Project Zero offshore system; the Company&rsquo;s dependence on Allseas Group S.A.; fluctuations in transportation
costs; fluctuations in metals prices; testing and manufacturing of equipment; risks associated with the Company&rsquo;s limited operating
history, limited cash resources and need for additional financing; risks associated with the Company&rsquo;s intellectual property; Low
Carbon Royalties&rsquo; limited operating history and other risks and uncertainties, any of which could cause the Company&rsquo;s actual
results to differ from those contained in the forward-looking statements, that are described in greater detail in the section entitled
 &ldquo;Risk Factors&rdquo; in the Company&rsquo;s Annual Report on Form&nbsp;10-K filed with the SEC on March&nbsp;27, 2023, as well as
in other filings the Company may make with the SEC in the future. Any forward-looking statements contained in this press release speak
only as of the date hereof, and the Company expressly disclaims any obligation to update any forward-looking statements contained herein,
whether because of any new information, future events, changed circumstances or otherwise, except as otherwise required by law.</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"><B>More Info</B></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">Media
| </FONT><U>media@metals.co</U></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">Investors
| </FONT><U>investors@metals.co</U></P>

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

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 2; Options: NewSection Last; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>tm2323509d2_ex5-1img001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm2323509d2_ex5-1img001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" "7 U(# 2(  A$! Q$!_\0
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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MIYT6]N8Y!:K*((V)5R&;JO>O4_ GC.T\:^'H[Z'"7*?)<P'K&_?\*\_\;_\
M)??"WO H(/?YC5+Q3I=[\)O&:>+-%C=M"O)-M];+RJ$GGZ>WO0,U_B-J=_:_
M%7PA;6U[/#!-(HDC1R%?YNX[UZ]7A?CG4[76OB3X"U*QE66UN&1T=3_M=/K7
MNE @HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@"GJR-)H]XB*69H6  ZDXKSOX&Z;?:9X2NXK^SFM9&NW8),A4D>O->H44
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MND6:VUS=Z5#>)+;W"J61$+=#Z$5]*444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
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MJL\5M;6NHO9O<^))K1Y88U!\H;SCICL.:W/"5]?W.CZU9W]T]Y)97,]ND\@
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M3=>8)B4^Z1DXR><F@#T!-/LHU9$M+=5<88", ,/0\4]+2VCC1$MXE2,[D54
M"GU'I7)P^+KL:FT$T<4B2),T0C1AM* GECPV<=J?'KNOOIVDR&VM!<ZE-A5R
M=L4>TMD\\GCM0!T[V%G)&\;VL#([;V4Q@@MZD>M/%O ICQ#&/+^YA1\OT]*Y
M&76;JQAO7L[-/-%X(II0K2!?D)+[0<D9&,#IFE.K:G/KVESQ7=O]A:S>6>-
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M<G& #W_2M*XUVZG\!RZO#'Y5R8&/'/ED$@G\,9H Z"*WMX;=;6-$$2+M$>.
M/I2165K#$T45M$D;_>54 !^HKECX<TF#2+>_2^DMKD!9/MYF)+,>><G!!],5
M++X@U-DO;ZUAMVT^P?;(KG$DH !9AV'!Z&@#HH+*RAC:*&WA5>C*J#]:D-M
M9#(88RY7:6VC)'I]*Y*TU22RO;Z6,;Q<ZG''AS]U61.GYU9OO$=]$UW%;00M
M)%?16J;CQAR,D_3- '16UE;6886T$<08Y.Q0,U$VFZ=+*SFSMVDSDMY8SG_&
MN8?Q%KL OGE@LS'ITXCF*DYE4X.5YXQGO4<-]JEO?>(KFR6V,$$XE<3,2SCR
MU)4<_+QZT =A]CM#<"<VT/G#^/8-P_&EGM+>Y"BX@BEVG(\Q V/SKESK@6>^
MN[>"..0V\+*\C'DL2,$9YQZ#DUH^&];FU87L-PH\ZTE\MG6-D#< YVMR.M &
MS)##+$89(T>,C&QE!'Y40PQ01B.&-(T'144 5@ZX6TW7--U<.RVY;[+<_-\H
M5C\I(]B>M<UJ-[>SV4M_;>83J]\EM#\^W; & (SVR<_G0!Z,&#9P0<<&@$$D
M @D=:\\FF.D65WI26ZZ;<-+")IXI2X,+MMW9).T]?YUN2>'])TF>QNK2[:QF
M$BJ&,I;[1GC:02<Y]J .H) !). **Y;7$74O%.GZ3=LPL6A:8H&*^<XS\I(]
M, UEMJ8\,0Z_;0S,;2 HMMDEO*DDP HSR0"<T =Z2 ,GI35D1_NL#]#7#>$K
MVPM9+[0FO6GMC#]J$DS$85N'7)]"&/L#2:/IT6F>-EDN;#[.EPK1Z:\5P71E
M"[F+#)YQGF@#O**** "BBB@ HHHH **** "BBB@ HHHH *9)%',FR6-77.<,
M,BGT4 %%%<UXKUW4-'2W^Q:?).'D4%U8 #)Z8- '1LB,RLRJ67[I(Y%*0""#
MR*Y"\MO^*NT347^T1W%PSJT+R95 $/&!QUYK3\82F+PU<;9VB=F15V]7RP^7
MVSTS[T :\%M;6^XV\$4>X_,8U S^5)%:VL,[R100I*WWF5 &/UKSMKNYT(:K
M)!ITNF2_8E,=F9_-WDL%\P-D@8SC]:MZ>S>'RQGL%6^FL7EBN4F,A=@,D,,D
M>^1Q0!WS"-R%8*Q'(!_G3J\^\/![*ZTF]U*P#3:D,I="<LX=E+89<XQC/0<5
MT'C2_NM/\.2O9AO/ED2)2IQC<P!Y[4 ;(MK1;AK@0PB8?>D"C=^= M[.2X%P
M(8&F'_+3:"WYUR>D6]GIMY<Z5J-C%;&6W\PS"X8K(F0/FR>#D_C5#2K/^R=>
MU-9K-;2[GM9!8E;DM%Y0( SDG:Q.#DT =^/),Q8;/-Q@D8SBB98GB*S!&C;@
MAP"#7%>'(1HNHV-M?:9'#=747RW,5P9-S8RV1D]>N>E=1K5O:75B8+I(Y"Q_
M<QR2% [X.!D$4 6X(+:*'RH(HEB/\** /TJ.:VL9/+2>&W;9]P.H.WZ5P.EZ
M3"VB:UIU]%/::C'FXNHXK@LK?*2@5L\*!CBIM4TW^U/">G-:6L=U>BUB%R3<
ME)(X=F21SU/O0!WYCC8+E%.TY7CI]*?7!R6]E*_A;4;&2X$7G)%%&\APBA""
M".YX[UWE !1110!%<V\=W;2V\R[HI5*,/4$8K&LO"&E64L4@6:;REVQ+-(6"
M#&.!]*T-8GDM=%O9X6VR1PNRMZ$#K7(Z/K-Q]KTLV^L3:HL\.^\C* B(;,Y!
M4#!SQB@#>MO"&DVTXE6.1RN\1AGR(PP(8#\S6BNDV:K9*(N++F#G[O&/Y5B/
MXOWV=^8+&3[9;VYN(H68?O$SC)].O0\TI\7K#I]DT]FWVV>W%P]N''R)W;/3
M\* -&X\.Z=<Q3(T;KYLOFLR.0=V,9_+(I1X=TU19>7#Y?V//E;3C@]0?4'-4
M9O%]L1!]BM+B\,UL;H>6,80'!R?4>E,@\437>OV%K:V+26-W;&;SRV"A!P01
M[=* +MOX8TZVNS/&)=OS%(BYV(6ZD#\34DWA[3YM-CL=CI#$24V.05SUY_$T
MS6?$":.ZJUM)*-ID=@=JJHZG)ZGVJK=^+8(9S%;65Q=8MENF9!@",C.?K@]*
M -)M$T]M&.E>0!9E=NP?7.?KGFJD/A73(8KA&225KC9YSR/EGV8VY^F!45WX
MGBV*MC;SW3/;?:6,8QY:$9!/OR..M&@RW.L^%(9'O)HYIMQ\Y0 X&X]B/2@#
M0N-$L+N6XDG@#M<1B.3)/*@Y'Z@5#IWAW3]+NOM4".UR8_+,LCEF*YSBN;T[
M4KK2].O]7U/5+V\BM;AX! J+\WS[5X SGI6S>^*EL(H7GT^X7<N^0,0/+7./
MQ/L* )[WPMI5_?&[FA?S'QYH1RJR8Z;@.M+?>&-.O[GSV$L190DBQ/M$BCH&
M%5=1\4(D=PEC;7%R([?S9)HEXB!7*_4]\56A\6QV>FV"2J]U=&T2XG((4JI
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M2%Q"P,GF1!9H^,X QR".G%96BWNK:AH^JRQ:Q*MR"2D-Y#B2W0 X) QDG@T
M=-IOAK3-*N3<6\3F0#:AD<MY:^BYZ"KFHZ9::M:&VO(M\><CG!4^H(Z&JOAV
MYGO?#EE/<2EYGB&^3&"3ZUSCW-];>,H+ ZQ?) N78W,2B.X8CB)&Q^/X4 =+
M8Z#8:?:3VT,;$7 (F=V+,_&.3]*KW7A/2;M;<-"Z&&,0@QN5+1C^$^HK%EO-
M8L=8LHGU);J]N)B)K"-1LBB.<'U&..3UIDES>VWC.WL#K%^ENI+L;B)?+G8C
MB)&Q^/X4 =6^DV3QV<?D )9L'@4<!"!@?H:NUQ5U>:SI^J6H?4EN+Z>X(.G1
MJ"BQ<X/J,#')XKM: "BBB@"M?VHOM/N+0L4$T93<.V1BJ\>D11:-_9\1\HFW
M\DRQJ%;[N,UHT4 <IIW@][:262XNE)>Q-EB)2!C.=YR3\W%$WA.=TM)EN87O
M8;?[*[RQDJ\>>#@$?,.*ZNB@#%M?#ZVL\<HG8E;(VI& ,Y;<6J&T\-R6-QIT
MT%X<VJ/'(&&1(C,6_ YKH** .;UWPS+JU\TZ72HDEN8'20$[03]Y,'@_7-3V
MWAQ;=I"+EV#V2VG/H%V[JW:* .9_X1>XMUB^P:BT#FV%M.2N0X P&'HW%:VB
MZ6-'TF&Q$S3>5G]X_5LG.36A10!@'PRITNYLOM+8GNOM&['3Y]V*KZ[X5EU>
M^EG2\"1S1>4ZN"2GNG8'ZYKIZ* .8D\+W,8>.QU-X(Y[=8;@;02=J[0R^AQ4
M4W@XHT#VD\7FK;);2M.A;<J@ ,,$8; ^E=910!2M],MH(;=#&CRP1A%E9!NZ
M8K.A\-B*VM(?M+'[/=M= XZ[B3C]:WJ* .:O?"TD[22P70$C78N=L@)1L*1M
M8#!(YS^%.TOPJ-.^Q$W3.;:::7I@$R,21]!FNCHH YRU\*K8:JVI6=RT5S+.
MSW''$R$YVD>W&#5B^\,V>J:P+_4,SK''LAB)($>>IX[FMNB@#C-1\.1:/!)+
MIPN$B-RD\:0*7,$@5@7QR6!R<CWJ*PT*;74UF2^>?R[LPF*66/RSN08R%/(&
M?7K7<44 <RGA>66UN$N;B)99G1LV\>U5"_7)Y^M6-0\-B^?4V^TNAO8DCX'W
M"N,']*WJ* .;U'PU<ZG=6TT]]C:%,FQ=K!AW0]@>X.:Z0<"BB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@!DL231/%(H9'!5@>XKF%\*
MWT=K_9D6M3)I/W1'@>:J?W _I^M=510!R.I>"WOKJ;;>;;>78<,"73;V4YQ@
M_2M*;PZLUCJ5K]H8"]N#,3C[N<<?I6Y10!R=WX/ENM0>7[:!$UPEP"5)D4K_
M  @YQM_"G7?A*XGCN+.'4WATZ:7SO*"C<I[J#_=_6NJHH Y*^\&R7E])(;P"
M%YTG!*DR*5_A!SC;^%=8!@ >E+10 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 5BWGAZ.\\466LO+_P >T+1>45!#9[UM44 (JJBA5  '0 8JK?:;::BB
M)=0K(%8,,CN*MT4 9UYI2W6HZ?=B0I]C9F" <-E2/ZTS6=(_M1+>2*=K>[M9
M/-MY0 =K8(.1W!!(K4HH YH>$EN+&[%]>227UU(LK7* +L=0 NT8X  %26GA
MN22XDN=:N_M\S0F +MVHJ$@GCU..M=#10!ST/@[2[;6[74;>(Q_9HC&D8=B!
MSUY-7M:TC^U8[=XYV@NK63S;>8 ':V"#D=P02*TZ* .<3PQ-]ENI)-3F&IW+
MK(UU$ NTJ,* ,=,<5+I_A^6*2]NKZ[^T7UW$8F=5VJBXZ ?XUO44 4=,TU=.
MTB'3_,9UC39NZ$UC+X6NGGACNM5DN+&VD,L$;*-X;! #-W S73T4 <KI7AO5
M=,FD/]HP2K-*SSR/$3*X8GC=GC&>*D7PO=27$$=WJDEQ86TOG0Q.HW[N<!F[
M@9KIJ* .5TSPYJVF7DLR:E;R^=.TLLDD),C G.W.> .@Q75444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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M927'L*V*\WM_ U];Z9811VMM'<0:U+>,RL 1$SL1@_0CBO2* "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
B**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@#_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>tm2323509d2_ex5-2img001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm2323509d2_ex5-2img001.jpg
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M!S^%1>+-!;P[XFO--&6CC?,+==\;<H??@BOI#P!X>_X1GP;8V+KMN"GFS_\
M71N2/PX'X5YG^T!_R%-&_P"N,G_H2UY'5BW^X?K4=S_Q]2_[Y_G4=?7NA?\
M(OZ=_P!>L7_H(KG_ (D^#F\9:##;V^U;J"X1XW;LI.U_T.?^ BO"/'^KPZGX
ME>"QXT[3HULK11TV)QG\3DY^E<S7L'@O2(?B!%X=O[AD-QH4GV>]5CS+$HW0
MGWY^7\Z]LKP_]H#_ )"FC?\ 7&3_ -"6O(ZL6_W#]:CN?^/J7_?/\ZCKZ]T+
M_D7]._Z]8O\ T$5==0Z,K#*L,$>U?)GBS0W\-^*+_3&!VP2GRR?XD/*G\B*R
M*^@_@CX?_LSPG)J<JXGU)]PS_P \UR%_,[C^(KTFO#_V@/\ D*:-_P!<9/\
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ML/Q/LB_='TKC-"_Y*OXJ_P"O>T_] -=E)(D4;22,J(@+,S'  '4DUP>EQ/\
M$'Q$FMW2$>'].D(TZ%QQ<RC@S$>@Z#_]>>^KB?@__P DUTW_ 'I?_1C5M>-O
M^1&UW_KPF_\ 0#2^&?\ D1=*_P"P=%_Z+%8WPB_Y)II?_;7_ -&-3?AC_P >
M?B'_ +#MU_[+2?%NQMKGP+<7$T*O-:RQ/"YZH2ZJ<?4$UVR_='TKC-"_Y*OX
MJ_Z][3_T$U'\89Y8/AQ?F&1D+O&C%3C*EQD?0UX%#XN\06T$<,&M:A%%&H5$
;2X8*H'0  T__ (33Q)_T'M3_ / E_P#&O__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>tm2323509d2_ex5-2img002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm2323509d2_ex5-2img002.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  H'!PD'!@H)" D+"PH,#QD0#PX.
M#QX6%Q(9)" F)2,@(R(H+3DP*"HV*R(C,D0R-CL]0$! )C!&2T4^2CD_0#W_
MP  +"  W "L! 1$ _\0 'P   04! 0$! 0$           $" P0%!@<("0H+
M_\0 M1   @$# P($ P4%! 0   %] 0(#  01!1(A,4$&$U%A!R)Q%#*!D:$(
M(T*QP152T? D,V)R@@D*%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%56
M5UA96F-D969G:&EJ<W1U=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBI
MJK*SM+6VM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W
M^/GZ_]H " $!   _ /&Y?]:_^\:MZ+JL^B:S::C;'$MM*)![XZC\1D?C7UKI
MNH0:KIMM?6K;H;B-9$/L1FO#OCEXD^WZ_!HL#YAL5WRX/65A_1<?F:\NJ:/[
M@J.7_6O_ +QK8\6:$?#VN-:+DPO%'/"3W1U!_0Y'X5Z=\*/'46G>"=5MK]\G
M24:XB!/+1M_"/^!G'_ A7C]_?3:GJ%Q>W3EY[B1I';U).36EXGT$^';BPMI,
M^?+91W$H/\+/DX_ 8%9<?W!4<O\ K7_WC7LOQ?\ #_VGP;HNMPK\]I#'#,1_
M<91@_@W_ *%7#Z-=6_A[2K2&]4;=;)%WD<I:\HN/0[LO_P  6G>"_!\NH_$:
M+2+M-T=G,9+D]BB'^3' _&M'XW_\E /_ %ZQ_P!:X./[@J.7_6O_ +QKZP.E
M0:YX+CTVZSY-S9)&Q'4948(]P>?PKYC\43RR^([Q)8C!]G?[.D)_Y9I'\BK^
M  KW3X0V"S>'DUVXA9;ZZB6V:0_\M(XB55OQ& ?7:*\W^-__ "4%O^O6/^M<
M'']P5[@WP"TEF)_M>^R3G[B?X5ZA:6XM+.&W5BRQ1J@)ZG Q7!^)O@[I7B37
MKC5'O;FVDN,%TB52NX#!//KBNXTS3H-)TNUL+5<0VT2Q(/8#'YUQWB_X56'C
M#7#J=UJ%S!(8UCV1JI&!GU^M8H^ FE 8&KWW_?"?X5Z#;^)-+NO#W]N17:'3
MA&93*>, =<CKGC&.N:EBUFSEDL$1VW7\1F@!4_,H"DY].&'6F6FOZ??65W=6
MTX>*S>2.? .49,[@1U[?C56]\66-@MN\D%^\5P(S%)%:NZL7^ZN0.IR.*GFU
M^*&W@F-AJ;"8$A4LW9EP<?,,97VS6:OC[2WW;+;56"L5)6PE(R#@C('8@C\*
MY_2/"Z3>"[&\\\K8OIB7$UEM^26X6+"R'^9'<JI[5JZ?_P ?O@K_ +!LO_HN
M*L]].G@\*W6L:8H,X%Y%=PEMHN(?-E[_ -Y<D@^F1WXU=0X\*>'/^OJP_P#0
MTIOCSQ9:Z$MIITUZUB]_NWW*HS&&(?>*X!^8Y 'IG/;FM9?$SP1IUE#:6FH>
-5!"H1$6VEX _X#7_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>11
<FILENAME>tmc-20230814.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" ?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.19b -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
    <!-- Field: Doc-Info; Name: Misc; Value: +aA5w7xRiXgen8uLa3ZcWaaC+bOdzZR+SYkxtmB9bTnaDyEmcA4ZkiA+TTrGIZIP -->
<schema xmlns="http://www.w3.org/2001/XMLSchema" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:dei="http://xbrl.sec.gov/dei/2023" xmlns:us-gaap="http://fasb.org/us-gaap/2023" xmlns:srt="http://fasb.org/srt/2023" xmlns:srt-types="http://fasb.org/srt-types/2023" xmlns:dtr-types="http://www.xbrl.org/dtr/type/2022-03-31" xmlns:TMC="http://tmcmetalscompany.com/20230814" elementFormDefault="qualified" targetNamespace="http://tmcmetalscompany.com/20230814">
    <annotation>
      <appinfo>
        <link:roleType roleURI="http://tmcmetalscompany.com/role/Cover" id="Cover">
          <link:definition>00000001 - Document - Cover</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:linkbaseRef xlink:type="simple" xlink:href="tmc-20230814_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Presentation Links" />
        <link:linkbaseRef xlink:type="simple" xlink:href="tmc-20230814_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Label Links" />
        <link:linkbaseRef xlink:type="simple" xlink:href="tmc-20230814_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Definition Links" />
      </appinfo>
    </annotation>
    <import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
    <import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" />
    <import namespace="http://xbrl.sec.gov/dei/2023" schemaLocation="https://xbrl.sec.gov/dei/2023/dei-2023.xsd" />
    <import namespace="http://fasb.org/us-gaap/2023" schemaLocation="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd" />
    <import namespace="http://fasb.org/us-types/2023" schemaLocation="https://xbrl.fasb.org/us-gaap/2023/elts/us-types-2023.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/2022-03-31" schemaLocation="https://www.xbrl.org/dtr/type/2022-03-31/types.xsd" />
    <import namespace="http://xbrl.sec.gov/country/2023" schemaLocation="https://xbrl.sec.gov/country/2023/country-2023.xsd" />
    <import namespace="http://fasb.org/srt/2023" schemaLocation="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd" />
    <import namespace="http://fasb.org/srt-types/2023" schemaLocation="https://xbrl.fasb.org/srt/2023/elts/srt-types-2023.xsd" />
    <element id="TMC_TMCCommonShareswithoutparvalueMember" name="TMCCommonShareswithoutparvalueMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="TMC_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember" name="RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
</schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.DEF
<SEQUENCE>12
<FILENAME>tmc-20230814_def.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION DEFINITION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.19b -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef roleURI="http://tmcmetalscompany.com/role/Cover" xlink:href="tmc-20230814.xsd#Cover" xlink:type="simple" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#hypercube-dimension" arcroleURI="http://xbrl.org/int/dim/arcrole/hypercube-dimension" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-domain" arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-domain" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#domain-member" arcroleURI="http://xbrl.org/int/dim/arcrole/domain-member" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#all" arcroleURI="http://xbrl.org/int/dim/arcrole/all" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#notAll" arcroleURI="http://xbrl.org/int/dim/arcrole/notAll" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-default" arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-default" />
    <link:definitionLink xlink:type="extended" xlink:role="http://tmcmetalscompany.com/role/Cover" xlink:title="00000001 - Document - Cover">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentInformationLineItems" xlink:label="loc_deiDocumentInformationLineItems" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_us-gaapStatementTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="loc_us-gaapStatementClassOfStockAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapStatementClassOfStockAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaapClassOfStockDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaapStatementClassOfStockAxis" xlink:to="loc_us-gaapClassOfStockDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaapClassOfStockDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_us-gaapStatementClassOfStockAxis" xlink:to="loc_us-gaapClassOfStockDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="tmc-20230814.xsd#TMC_TMCCommonShareswithoutparvalueMember" xlink:label="loc_TMCTMCCommonShareswithoutparvalueMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapClassOfStockDomain" xlink:to="loc_TMCTMCCommonShareswithoutparvalueMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="tmc-20230814.xsd#TMC_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember" xlink:label="loc_TMCRedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapClassOfStockDomain" xlink:to="loc_TMCRedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentType" xlink:label="loc_deiDocumentType_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentType_40" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AmendmentFlag" xlink:label="loc_deiAmendmentFlag_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiAmendmentFlag_40" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AmendmentDescription" xlink:label="loc_deiAmendmentDescription_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiAmendmentDescription_40" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentRegistrationStatement" xlink:label="loc_deiDocumentRegistrationStatement_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentRegistrationStatement_40" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentAnnualReport" xlink:label="loc_deiDocumentAnnualReport_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentAnnualReport_40" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentQuarterlyReport" xlink:label="loc_deiDocumentQuarterlyReport_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentQuarterlyReport_40" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentTransitionReport" xlink:label="loc_deiDocumentTransitionReport_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentTransitionReport_40" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentShellCompanyReport" xlink:label="loc_deiDocumentShellCompanyReport_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentShellCompanyReport_40" xlink:type="arc" order="7" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentShellCompanyEventDate" xlink:label="loc_deiDocumentShellCompanyEventDate_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentShellCompanyEventDate_40" xlink:type="arc" order="8" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentPeriodStartDate" xlink:label="loc_deiDocumentPeriodStartDate_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentPeriodStartDate_40" xlink:type="arc" order="9" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_deiDocumentPeriodEndDate_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentPeriodEndDate_40" xlink:type="arc" order="10" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_deiDocumentFiscalPeriodFocus_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentFiscalPeriodFocus_40" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_deiDocumentFiscalYearFocus_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentFiscalYearFocus_40" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_deiCurrentFiscalYearEndDate_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiCurrentFiscalYearEndDate_40" xlink:type="arc" order="13" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityFileNumber" xlink:label="loc_deiEntityFileNumber_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityFileNumber_40" xlink:type="arc" order="14" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityRegistrantName" xlink:label="loc_deiEntityRegistrantName_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityRegistrantName_40" xlink:type="arc" order="15" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCentralIndexKey" xlink:label="loc_deiEntityCentralIndexKey_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityCentralIndexKey_40" xlink:type="arc" order="16" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityPrimarySicNumber" xlink:label="loc_deiEntityPrimarySicNumber_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityPrimarySicNumber_40" xlink:type="arc" order="17" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityTaxIdentificationNumber" xlink:label="loc_deiEntityTaxIdentificationNumber_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityTaxIdentificationNumber_40" xlink:type="arc" order="18" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_deiEntityIncorporationStateCountryCode_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityIncorporationStateCountryCode_40" xlink:type="arc" order="19" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_deiEntityAddressAddressLine1_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityAddressAddressLine1_40" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine2" xlink:label="loc_deiEntityAddressAddressLine2_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityAddressAddressLine2_40" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine3" xlink:label="loc_deiEntityAddressAddressLine3_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityAddressAddressLine3_40" xlink:type="arc" order="22" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_deiEntityAddressCityOrTown_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityAddressCityOrTown_40" xlink:type="arc" order="23" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressStateOrProvince" xlink:label="loc_deiEntityAddressStateOrProvince_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityAddressStateOrProvince_40" xlink:type="arc" order="24" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCountry" xlink:label="loc_deiEntityAddressCountry_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityAddressCountry_40" xlink:type="arc" order="25" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_deiEntityAddressPostalZipCode_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityAddressPostalZipCode_40" xlink:type="arc" order="26" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CountryRegion" xlink:label="loc_deiCountryRegion_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiCountryRegion_40" xlink:type="arc" order="27" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CityAreaCode" xlink:label="loc_deiCityAreaCode_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiCityAreaCode_40" xlink:type="arc" order="28" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_LocalPhoneNumber" xlink:label="loc_deiLocalPhoneNumber_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiLocalPhoneNumber_40" xlink:type="arc" order="29" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Extension" xlink:label="loc_deiExtension_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiExtension_40" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_WrittenCommunications" xlink:label="loc_deiWrittenCommunications_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiWrittenCommunications_40" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SolicitingMaterial" xlink:label="loc_deiSolicitingMaterial_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiSolicitingMaterial_40" xlink:type="arc" order="32" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_PreCommencementTenderOffer" xlink:label="loc_deiPreCommencementTenderOffer_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiPreCommencementTenderOffer_40" xlink:type="arc" order="33" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="loc_deiPreCommencementIssuerTenderOffer_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiPreCommencementIssuerTenderOffer_40" xlink:type="arc" order="34" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Security12bTitle" xlink:label="loc_deiSecurity12bTitle_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiSecurity12bTitle_40" xlink:type="arc" order="35" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_NoTradingSymbolFlag" xlink:label="loc_deiNoTradingSymbolFlag_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiNoTradingSymbolFlag_40" xlink:type="arc" order="36" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_TradingSymbol" xlink:label="loc_deiTradingSymbol_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiTradingSymbol_40" xlink:type="arc" order="37" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SecurityExchangeName" xlink:label="loc_deiSecurityExchangeName_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiSecurityExchangeName_40" xlink:type="arc" order="38" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Security12gTitle" xlink:label="loc_deiSecurity12gTitle_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiSecurity12gTitle_40" xlink:type="arc" order="39" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SecurityReportingObligation" xlink:label="loc_deiSecurityReportingObligation_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiSecurityReportingObligation_40" xlink:type="arc" order="40" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AnnualInformationForm" xlink:label="loc_deiAnnualInformationForm_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiAnnualInformationForm_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="loc_deiAuditedAnnualFinancialStatements_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiAuditedAnnualFinancialStatements_40" xlink:type="arc" order="42" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="loc_deiEntityWellKnownSeasonedIssuer_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityWellKnownSeasonedIssuer_40" xlink:type="arc" order="43" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityVoluntaryFilers" xlink:label="loc_deiEntityVoluntaryFilers_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityVoluntaryFilers_40" xlink:type="arc" order="44" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCurrentReportingStatus" xlink:label="loc_deiEntityCurrentReportingStatus_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityCurrentReportingStatus_40" xlink:type="arc" order="45" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityInteractiveDataCurrent" xlink:label="loc_deiEntityInteractiveDataCurrent_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityInteractiveDataCurrent_40" xlink:type="arc" order="46" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityFilerCategory" xlink:label="loc_deiEntityFilerCategory_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityFilerCategory_40" xlink:type="arc" order="47" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntitySmallBusiness" xlink:label="loc_deiEntitySmallBusiness_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntitySmallBusiness_40" xlink:type="arc" order="48" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_deiEntityEmergingGrowthCompany_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityEmergingGrowthCompany_40" xlink:type="arc" order="49" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityExTransitionPeriod" xlink:label="loc_deiEntityExTransitionPeriod_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityExTransitionPeriod_40" xlink:type="arc" order="50" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentAccountingStandard" xlink:label="loc_deiDocumentAccountingStandard_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentAccountingStandard_40" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_OtherReportingStandardItemNumber" xlink:label="loc_deiOtherReportingStandardItemNumber_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiOtherReportingStandardItemNumber_40" xlink:type="arc" order="52" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityShellCompany" xlink:label="loc_deiEntityShellCompany_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityShellCompany_40" xlink:type="arc" order="53" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityPublicFloat" xlink:label="loc_deiEntityPublicFloat_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityPublicFloat_40" xlink:type="arc" order="54" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="loc_deiEntityBankruptcyProceedingsReportingCurrent_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityBankruptcyProceedingsReportingCurrent_40" xlink:type="arc" order="55" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_deiEntityCommonStockSharesOutstanding_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityCommonStockSharesOutstanding_40" xlink:type="arc" order="56" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="loc_deiDocumentsIncorporatedByReferenceTextBlock_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentsIncorporatedByReferenceTextBlock_40" xlink:type="arc" order="57" />
    </link:definitionLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>13
<FILENAME>tmc-20230814_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.19b -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" roleURI="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" roleURI="http://www.xbrl.org/2009/role/netLabel" />
    <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="us-gaap_StatementClassOfStockAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementClassOfStockAxis" xlink:to="us-gaap_StatementClassOfStockAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementClassOfStockAxis_lbl" xml:lang="en-US">Class of Stock [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="tmc-20230814.xsd#TMC_TMCCommonShareswithoutparvalueMember" xlink:label="TMC_TMCCommonShareswithoutparvalueMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TMC_TMCCommonShareswithoutparvalueMember" xlink:to="TMC_TMCCommonShareswithoutparvalueMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="TMC_TMCCommonShareswithoutparvalueMember_lbl" xml:lang="en-US">TMC Common Shares without par value [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="tmc-20230814.xsd#TMC_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember" xlink:label="TMC_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TMC_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember" xlink:to="TMC_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="TMC_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember_lbl" xml:lang="en-US">Redeemable warrants, each whole warrant exercisable for one TMC Common Share, each at an exercise price of $11.50 per share [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StatementTable" xlink:label="us-gaap_StatementTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementTable" xlink:to="us-gaap_StatementTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementTable_lbl" xml:lang="en-US">Statement [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentInformationLineItems" xlink:label="dei_DocumentInformationLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentInformationLineItems" xlink:to="dei_DocumentInformationLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentInformationLineItems_lbl" xml:lang="en-US">Document Information [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentType" xlink:label="dei_DocumentType" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US">Document Type</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US">Amendment Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AmendmentDescription" xlink:label="dei_AmendmentDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentDescription" xlink:to="dei_AmendmentDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentDescription_lbl" xml:lang="en-US">Amendment Description</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentRegistrationStatement" xlink:label="dei_DocumentRegistrationStatement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentRegistrationStatement" xlink:to="dei_DocumentRegistrationStatement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentRegistrationStatement_lbl" xml:lang="en-US">Document Registration Statement</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentAnnualReport" xlink:label="dei_DocumentAnnualReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAnnualReport" xlink:to="dei_DocumentAnnualReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAnnualReport_lbl" xml:lang="en-US">Document Annual Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentQuarterlyReport" xlink:label="dei_DocumentQuarterlyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentQuarterlyReport" xlink:to="dei_DocumentQuarterlyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentQuarterlyReport_lbl" xml:lang="en-US">Document Quarterly Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentTransitionReport" xlink:label="dei_DocumentTransitionReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentTransitionReport" xlink:to="dei_DocumentTransitionReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentTransitionReport_lbl" xml:lang="en-US">Document Transition Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentShellCompanyReport" xlink:label="dei_DocumentShellCompanyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyReport" xlink:to="dei_DocumentShellCompanyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyReport_lbl" xml:lang="en-US">Document Shell Company Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentShellCompanyEventDate" xlink:label="dei_DocumentShellCompanyEventDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyEventDate" xlink:to="dei_DocumentShellCompanyEventDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyEventDate_lbl" xml:lang="en-US">Document Shell Company Event Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentPeriodStartDate" xlink:label="dei_DocumentPeriodStartDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodStartDate" xlink:to="dei_DocumentPeriodStartDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodStartDate_lbl" xml:lang="en-US">Document Period Start Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US">Document Period End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US">Document Fiscal Period Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US">Document Fiscal Year Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US">Current Fiscal Year End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFileNumber_lbl" xml:lang="en-US">Entity File Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US">Entity Registrant Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US">Entity Central Index Key</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityPrimarySicNumber" xlink:label="dei_EntityPrimarySicNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPrimarySicNumber" xlink:to="dei_EntityPrimarySicNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPrimarySicNumber_lbl" xml:lang="en-US">Entity Primary SIC Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xml:lang="en-US">Entity Tax Identification Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine1_lbl" xml:lang="en-US">Entity Address, Address Line One</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine2_lbl" xml:lang="en-US">Entity Address, Address Line Two</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine3" xlink:label="dei_EntityAddressAddressLine3" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine3_lbl" xml:lang="en-US">Entity Address, Address Line Three</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCityOrTown_lbl" xml:lang="en-US">Entity Address, City or Town</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US">Entity Address, State or Province</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCountry" xlink:label="dei_EntityAddressCountry" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCountry" xlink:to="dei_EntityAddressCountry_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCountry_lbl" xml:lang="en-US">Entity Address, Country</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressPostalZipCode_lbl" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CountryRegion" xlink:label="dei_CountryRegion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CountryRegion" xlink:to="dei_CountryRegion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CountryRegion_lbl" xml:lang="en-US">Country Region</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CityAreaCode_lbl" xml:lang="en-US">City Area Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LocalPhoneNumber_lbl" xml:lang="en-US">Local Phone Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Extension" xlink:label="dei_Extension" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Extension" xlink:to="dei_Extension_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Extension_lbl" xml:lang="en-US">Extension</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_WrittenCommunications_lbl" xml:lang="en-US">Written Communications</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US">Soliciting Material</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementTenderOffer_lbl" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US">Title of 12(b) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_NoTradingSymbolFlag_lbl" xml:lang="en-US">No Trading Symbol Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US">Trading Symbol</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US">Security Exchange Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12gTitle_lbl" xml:lang="en-US">Title of 12(g) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SecurityReportingObligation" xlink:label="dei_SecurityReportingObligation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityReportingObligation" xlink:to="dei_SecurityReportingObligation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityReportingObligation_lbl" xml:lang="en-US">Security Reporting Obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AnnualInformationForm" xlink:label="dei_AnnualInformationForm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AnnualInformationForm" xlink:to="dei_AnnualInformationForm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AnnualInformationForm_lbl" xml:lang="en-US">Annual Information Form</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="dei_AuditedAnnualFinancialStatements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditedAnnualFinancialStatements" xlink:to="dei_AuditedAnnualFinancialStatements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditedAnnualFinancialStatements_lbl" xml:lang="en-US">Audited Annual Financial Statements</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US">Entity Voluntary Filers</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US">Entity Current Reporting Status</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US">Entity Interactive Data Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US">Entity Filer Category</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntitySmallBusiness_lbl" xml:lang="en-US">Entity Small Business</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US">Entity Emerging Growth Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityExTransitionPeriod" xlink:label="dei_EntityExTransitionPeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityExTransitionPeriod" xlink:to="dei_EntityExTransitionPeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityExTransitionPeriod_lbl" xml:lang="en-US">Elected Not To Use the Extended Transition Period</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentAccountingStandard" xlink:label="dei_DocumentAccountingStandard" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAccountingStandard" xlink:to="dei_DocumentAccountingStandard_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAccountingStandard_lbl" xml:lang="en-US">Document Accounting Standard</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_OtherReportingStandardItemNumber" xlink:label="dei_OtherReportingStandardItemNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_OtherReportingStandardItemNumber" xlink:to="dei_OtherReportingStandardItemNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_OtherReportingStandardItemNumber_lbl" xml:lang="en-US">Other Reporting Standard Item Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityShellCompany_lbl" xml:lang="en-US">Entity Shell Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPublicFloat_lbl" xml:lang="en-US">Entity Public Float</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityBankruptcyProceedingsReportingCurrent" xlink:to="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xml:lang="en-US">Entity Bankruptcy Proceedings, Reporting Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentsIncorporatedByReferenceTextBlock" xlink:to="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xml:lang="en-US">Documents Incorporated by Reference [Text Block]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TMC_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember" xlink:to="TMC_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="TMC_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember_doc" xml:lang="en-US">Redeemable warrants, each whole warrant exercisable for one TMC Common Share, each at an exercise price of $11.50 per share</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TMC_TMCCommonShareswithoutparvalueMember" xlink:to="TMC_TMCCommonShareswithoutparvalueMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="TMC_TMCCommonShareswithoutparvalueMember_doc" xml:lang="en-US">TMC Common Shares without par value</link:label>
    </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>14
<FILENAME>tmc-20230814_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.19b -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef roleURI="http://tmcmetalscompany.com/role/Cover" xlink:href="tmc-20230814.xsd#Cover" xlink:type="simple" />
    <link:presentationLink xlink:type="extended" xlink:role="http://tmcmetalscompany.com/role/Cover" xlink:title="00000001 - Document - Cover">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CoverAbstract" xlink:label="loc_deiCoverAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_us-gaapStatementTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentInformationLineItems" xlink:label="loc_deiDocumentInformationLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_deiDocumentInformationLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="loc_us-gaapStatementClassOfStockAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapStatementClassOfStockAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaapClassOfStockDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementClassOfStockAxis" xlink:to="loc_us-gaapClassOfStockDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="tmc-20230814.xsd#TMC_TMCCommonShareswithoutparvalueMember" xlink:label="loc_TMCTMCCommonShareswithoutparvalueMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapClassOfStockDomain" xlink:to="loc_TMCTMCCommonShareswithoutparvalueMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="tmc-20230814.xsd#TMC_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember" xlink:label="loc_TMCRedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapClassOfStockDomain" xlink:to="loc_TMCRedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentType" xlink:label="loc_deiDocumentType" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentType" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AmendmentFlag" xlink:label="loc_deiAmendmentFlag" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiAmendmentFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AmendmentDescription" xlink:label="loc_deiAmendmentDescription" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiAmendmentDescription" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentRegistrationStatement" xlink:label="loc_deiDocumentRegistrationStatement" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentRegistrationStatement" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentAnnualReport" xlink:label="loc_deiDocumentAnnualReport" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentAnnualReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentQuarterlyReport" xlink:label="loc_deiDocumentQuarterlyReport" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentQuarterlyReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentTransitionReport" xlink:label="loc_deiDocumentTransitionReport" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentTransitionReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentShellCompanyReport" xlink:label="loc_deiDocumentShellCompanyReport" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentShellCompanyReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentShellCompanyEventDate" xlink:label="loc_deiDocumentShellCompanyEventDate" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentShellCompanyEventDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentPeriodStartDate" xlink:label="loc_deiDocumentPeriodStartDate" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentPeriodStartDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_deiDocumentPeriodEndDate" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentPeriodEndDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_deiDocumentFiscalPeriodFocus" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentFiscalPeriodFocus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_deiDocumentFiscalYearFocus" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentFiscalYearFocus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_deiCurrentFiscalYearEndDate" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiCurrentFiscalYearEndDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityFileNumber" xlink:label="loc_deiEntityFileNumber" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityFileNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityRegistrantName" xlink:label="loc_deiEntityRegistrantName" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityRegistrantName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCentralIndexKey" xlink:label="loc_deiEntityCentralIndexKey" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityCentralIndexKey" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityPrimarySicNumber" xlink:label="loc_deiEntityPrimarySicNumber" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityPrimarySicNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityTaxIdentificationNumber" xlink:label="loc_deiEntityTaxIdentificationNumber" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityTaxIdentificationNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_deiEntityIncorporationStateCountryCode" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityIncorporationStateCountryCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_deiEntityAddressAddressLine1" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityAddressAddressLine1" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine2" xlink:label="loc_deiEntityAddressAddressLine2" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityAddressAddressLine2" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine3" xlink:label="loc_deiEntityAddressAddressLine3" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityAddressAddressLine3" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_deiEntityAddressCityOrTown" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityAddressCityOrTown" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressStateOrProvince" xlink:label="loc_deiEntityAddressStateOrProvince" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityAddressStateOrProvince" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCountry" xlink:label="loc_deiEntityAddressCountry" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityAddressCountry" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_deiEntityAddressPostalZipCode" />
      <link:presentationArc order="260" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityAddressPostalZipCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CountryRegion" xlink:label="loc_deiCountryRegion" />
      <link:presentationArc order="270" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiCountryRegion" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CityAreaCode" xlink:label="loc_deiCityAreaCode" />
      <link:presentationArc order="280" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiCityAreaCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_LocalPhoneNumber" xlink:label="loc_deiLocalPhoneNumber" />
      <link:presentationArc order="290" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiLocalPhoneNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Extension" xlink:label="loc_deiExtension" />
      <link:presentationArc order="300" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiExtension" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_WrittenCommunications" xlink:label="loc_deiWrittenCommunications" />
      <link:presentationArc order="310" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiWrittenCommunications" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SolicitingMaterial" xlink:label="loc_deiSolicitingMaterial" />
      <link:presentationArc order="320" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiSolicitingMaterial" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_PreCommencementTenderOffer" xlink:label="loc_deiPreCommencementTenderOffer" />
      <link:presentationArc order="330" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiPreCommencementTenderOffer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="loc_deiPreCommencementIssuerTenderOffer" />
      <link:presentationArc order="340" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiPreCommencementIssuerTenderOffer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Security12bTitle" xlink:label="loc_deiSecurity12bTitle" />
      <link:presentationArc order="350" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiSecurity12bTitle" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_NoTradingSymbolFlag" xlink:label="loc_deiNoTradingSymbolFlag" />
      <link:presentationArc order="360" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiNoTradingSymbolFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_TradingSymbol" xlink:label="loc_deiTradingSymbol" />
      <link:presentationArc order="370" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiTradingSymbol" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SecurityExchangeName" xlink:label="loc_deiSecurityExchangeName" />
      <link:presentationArc order="380" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiSecurityExchangeName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Security12gTitle" xlink:label="loc_deiSecurity12gTitle" />
      <link:presentationArc order="390" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiSecurity12gTitle" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SecurityReportingObligation" xlink:label="loc_deiSecurityReportingObligation" />
      <link:presentationArc order="400" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiSecurityReportingObligation" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AnnualInformationForm" xlink:label="loc_deiAnnualInformationForm" />
      <link:presentationArc order="410" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiAnnualInformationForm" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="loc_deiAuditedAnnualFinancialStatements" />
      <link:presentationArc order="420" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiAuditedAnnualFinancialStatements" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="loc_deiEntityWellKnownSeasonedIssuer" />
      <link:presentationArc order="430" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityWellKnownSeasonedIssuer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityVoluntaryFilers" xlink:label="loc_deiEntityVoluntaryFilers" />
      <link:presentationArc order="440" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityVoluntaryFilers" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCurrentReportingStatus" xlink:label="loc_deiEntityCurrentReportingStatus" />
      <link:presentationArc order="450" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityCurrentReportingStatus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityInteractiveDataCurrent" xlink:label="loc_deiEntityInteractiveDataCurrent" />
      <link:presentationArc order="460" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityInteractiveDataCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityFilerCategory" xlink:label="loc_deiEntityFilerCategory" />
      <link:presentationArc order="470" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityFilerCategory" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntitySmallBusiness" xlink:label="loc_deiEntitySmallBusiness" />
      <link:presentationArc order="480" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntitySmallBusiness" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_deiEntityEmergingGrowthCompany" />
      <link:presentationArc order="490" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityEmergingGrowthCompany" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityExTransitionPeriod" xlink:label="loc_deiEntityExTransitionPeriod" />
      <link:presentationArc order="500" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityExTransitionPeriod" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentAccountingStandard" xlink:label="loc_deiDocumentAccountingStandard" />
      <link:presentationArc order="510" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentAccountingStandard" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_OtherReportingStandardItemNumber" xlink:label="loc_deiOtherReportingStandardItemNumber" />
      <link:presentationArc order="520" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiOtherReportingStandardItemNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityShellCompany" xlink:label="loc_deiEntityShellCompany" />
      <link:presentationArc order="530" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityShellCompany" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityPublicFloat" xlink:label="loc_deiEntityPublicFloat" />
      <link:presentationArc order="540" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityPublicFloat" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="loc_deiEntityBankruptcyProceedingsReportingCurrent" />
      <link:presentationArc order="550" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityBankruptcyProceedingsReportingCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_deiEntityCommonStockSharesOutstanding" />
      <link:presentationArc order="560" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiEntityCommonStockSharesOutstanding" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="loc_deiDocumentsIncorporatedByReferenceTextBlock" />
      <link:presentationArc order="570" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiDocumentInformationLineItems" xlink:to="loc_deiDocumentsIncorporatedByReferenceTextBlock" xlink:type="arc" />
    </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>15
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.23.2</span><table class="report" border="0" cellspacing="2" id="idm139768087377440">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Aug. 14, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Aug. 14,  2023<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-39281<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">TMC the metals Co Inc.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001798562<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">00-0000000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">A1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">595 Howe Street<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine2', window );">Entity Address, Address Line Two</a></td>
<td class="text">10th Floor<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Vancouver<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">BC<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">V6C 2T5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">604<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">631-3115<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">true<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityExTransitionPeriod', window );">Elected Not To Use the Extended Transition Period</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=TMC_TMCCommonShareswithoutparvalueMember', window );">TMC Common Shares without par value [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">TMC Common Shares without par value<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">TMC<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=TMC_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember', window );">Redeemable warrants, each whole warrant exercisable for one TMC Common Share, each at an exercise price of $11.50 per share [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Redeemable warrants, each whole warrant exercisable for one TMC Common Share, each at an exercise price of $11.50 per share<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">TMCWW<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentInformationLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentInformationLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 2 such as Street or Suite number</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityExTransitionPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 7A<br> -Section B<br> -Subsection 2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityExTransitionPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=TMC_TMCCommonShareswithoutparvalueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=TMC_TMCCommonShareswithoutparvalueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=TMC_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=TMC_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>16
<FILENAME>tm2323509d2_8k_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:TMC="http://tmcmetalscompany.com/20230814"
  xmlns:dei="http://xbrl.sec.gov/dei/2023"
  xmlns:iso4217="http://www.xbrl.org/2003/iso4217"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:us-gaap="http://fasb.org/us-gaap/2023"
  xmlns:xbrldi="http://xbrl.org/2006/xbrldi"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="tmc-20230814.xsd" xlink:type="simple"/>
    <context id="AsOf2023-08-14">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001798562</identifier>
        </entity>
        <period>
            <startDate>2023-08-14</startDate>
            <endDate>2023-08-14</endDate>
        </period>
    </context>
    <context id="From2023-08-142023-08-14_custom_TMCCommonShareswithoutparvalueMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001798562</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">TMC:TMCCommonShareswithoutparvalueMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2023-08-14</startDate>
            <endDate>2023-08-14</endDate>
        </period>
    </context>
    <context id="From2023-08-142023-08-14_custom_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001798562</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">TMC:RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2023-08-14</startDate>
            <endDate>2023-08-14</endDate>
        </period>
    </context>
    <unit id="USD">
        <measure>iso4217:USD</measure>
    </unit>
    <unit id="Shares">
        <measure>shares</measure>
    </unit>
    <unit id="USDPShares">
        <divide>
            <unitNumerator>
                <measure>iso4217:USD</measure>
            </unitNumerator>
            <unitDenominator>
                <measure>shares</measure>
            </unitDenominator>
        </divide>
    </unit>
    <dei:EntityCentralIndexKey contextRef="AsOf2023-08-14">0001798562</dei:EntityCentralIndexKey>
    <dei:AmendmentFlag contextRef="AsOf2023-08-14">false</dei:AmendmentFlag>
    <dei:EntityRegistrantName contextRef="AsOf2023-08-14" id="xdx2ixbrl0012">TMC the metals Co Inc.</dei:EntityRegistrantName>
    <dei:EntityTaxIdentificationNumber contextRef="AsOf2023-08-14" id="xdx2ixbrl0015">00-0000000</dei:EntityTaxIdentificationNumber>
    <dei:DocumentType contextRef="AsOf2023-08-14">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate contextRef="AsOf2023-08-14">2023-08-14</dei:DocumentPeriodEndDate>
    <dei:EntityIncorporationStateCountryCode contextRef="AsOf2023-08-14">A1</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber contextRef="AsOf2023-08-14">001-39281</dei:EntityFileNumber>
    <dei:EntityAddressAddressLine1 contextRef="AsOf2023-08-14">595 Howe Street</dei:EntityAddressAddressLine1>
    <dei:EntityAddressAddressLine2 contextRef="AsOf2023-08-14">10th Floor</dei:EntityAddressAddressLine2>
    <dei:EntityAddressCityOrTown contextRef="AsOf2023-08-14">Vancouver</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince contextRef="AsOf2023-08-14">BC</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode contextRef="AsOf2023-08-14">V6C 2T5</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode contextRef="AsOf2023-08-14">604</dei:CityAreaCode>
    <dei:LocalPhoneNumber contextRef="AsOf2023-08-14">631-3115</dei:LocalPhoneNumber>
    <dei:WrittenCommunications contextRef="AsOf2023-08-14">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial contextRef="AsOf2023-08-14">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer contextRef="AsOf2023-08-14">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer contextRef="AsOf2023-08-14">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle contextRef="From2023-08-142023-08-14_custom_TMCCommonShareswithoutparvalueMember">TMC Common Shares without par value</dei:Security12bTitle>
    <dei:TradingSymbol contextRef="From2023-08-142023-08-14_custom_TMCCommonShareswithoutparvalueMember">TMC</dei:TradingSymbol>
    <dei:SecurityExchangeName contextRef="From2023-08-142023-08-14_custom_TMCCommonShareswithoutparvalueMember">NASDAQ</dei:SecurityExchangeName>
    <dei:Security12bTitle contextRef="From2023-08-142023-08-14_custom_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember">Redeemable warrants, each whole warrant exercisable for one TMC Common Share, each at an exercise price of $11.50 per share</dei:Security12bTitle>
    <dei:TradingSymbol contextRef="From2023-08-142023-08-14_custom_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember">TMCWW</dei:TradingSymbol>
    <dei:SecurityExchangeName contextRef="From2023-08-142023-08-14_custom_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember">NASDAQ</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany contextRef="AsOf2023-08-14">true</dei:EntityEmergingGrowthCompany>
    <dei:EntityExTransitionPeriod contextRef="AsOf2023-08-14">false</dei:EntityExTransitionPeriod>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>17
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
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M=]W3CHG&K=!X#;[Q3X?#KHG&J]!TZVDF)_VN:Z3I%FA"1N/K>A(5M>5 TR
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M!Z.:60F]A%9JGZJ'-#ZH'C(*!?&Y'C[E>G@*-Y;&O%"N@GL!_]':-\*K^(+
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MU4#E/]O4#6CV#30<D05>,9FV-J/D3@H\W/[O#;#"Q([A[8N_ 5!+ P04
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MKW#.RW^0\Y^M<\TUMTQ>DO:C_S=7^2V,D_'T7!S1JP,Z6PE<A!OZ%>Y7>>9
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M)$WS/(X %F>0IA@"IQ%', ;  4/2='@//GL?)=-[*CG_5U/\!%!+ P04
M"  N20Y7EXJ[',     3 @  "P   %]R96QS+RYR96QSG9*Y;L,P#$!_Q=">
M, ?0(8@S9?$6!/D!5J(/V!(%BD6=OZ_:I7&0"QEY/3P2W!YI0.TXI+:+J1C]
M$%)I6M6X 4BV)8]ISI%"KM0L'C6'TD!$VV-#L%HL/D N&6:WO606IW.D5XA<
MUYVE/=LO3T%O@*\Z3'%":4A+,P[PS=)_,O?S##5%Y4HCE5L:>-/E_G;@2=&A
M(E@6FD7)TZ(=I7\=Q_:0T^FO8R*T>EOH^7%H5 J.W&,EC'%BM/XU@LD/['X
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M5!B@?%.9J+SV4VPYZ8Y>9WK_,'G4'EKG5LJ]AU>RY1AQ_)[E#U!+ P04
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MUDX:?^:+X3]>?P%02P$"% ,4    "  N20Y7!T%-8H$   "Q    $
M        @ $     9&]C4')O<',O87!P+GAM;%!+ 0(4 Q0    ( "Y)#E=
M$$AO[P   "L"   1              "  :\   !D;V-0<F]P<R]C;W)E+GAM
M;%!+ 0(4 Q0    ( "Y)#E>97)PC$ 8  )PG   3              "  <T!
M  !X;"]T:&5M92]T:&5M93$N>&UL4$L! A0#%     @ +DD.5[.->$0Q!0
M/A<  !@              ("!#@@  'AL+W=O<FMS:&5E=',O<VAE970Q+GAM
M;%!+ 0(4 Q0    ( "Y)#E>?H!OPL0(  .(,   -              "  74-
M  !X;"]S='EL97,N>&UL4$L! A0#%     @ +DD.5Y>*NQS     $P(   L
M             ( !41   %]R96QS+RYR96QS4$L! A0#%     @ +DD.5ZK$
M(A8S 0  (@(   \              ( !.A$  'AL+W=O<FMB;V]K+GAM;%!+
M 0(4 Q0    ( "Y)#E<D'INBK0   /@!   :              "  9H2  !X
M;"]?<F5L<R]W;W)K8F]O:RYX;6PN<F5L<U!+ 0(4 Q0    ( "Y)#E=ED'F2
M&0$  ,\#   3              "  7\3  !;0V]N=&5N=%]4>7!E<UTN>&UL
64$L%!@     )  D /@(  ,D4      $!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>18
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>19
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>20
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.23.2</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>3</ContextCount>
  <ElementCount>24</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>2</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>3</UnitCount>
  <MyReports>
    <Report instance="tm2323509d2_8k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>00000001 - Document - Cover</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://tmcmetalscompany.com/role/Cover</Role>
      <ShortName>Cover</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File doctype="8-K" original="tm2323509d2_8k.htm">tm2323509d2_8k.htm</File>
    <File>tm2323509d2_ex10-1.htm</File>
    <File>tm2323509d2_ex4-1.htm</File>
    <File>tm2323509d2_ex5-1.htm</File>
    <File>tm2323509d2_ex5-2.htm</File>
    <File>tm2323509d2_ex99-1.htm</File>
    <File>tm2323509d2_ex99-2.htm</File>
    <File>tmc-20230814.xsd</File>
    <File>tmc-20230814_def.xml</File>
    <File>tmc-20230814_lab.xml</File>
    <File>tmc-20230814_pre.xml</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy items="27">http://xbrl.sec.gov/dei/2023</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>false</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>23
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "instance": {
  "tm2323509d2_8k.htm": {
   "axisCustom": 0,
   "axisStandard": 1,
   "baseTaxonomies": {
    "http://xbrl.sec.gov/dei/2023": 27
   },
   "contextCount": 3,
   "dts": {
    "definitionLink": {
     "local": [
      "tmc-20230814_def.xml"
     ]
    },
    "inline": {
     "local": [
      "tm2323509d2_8k.htm"
     ]
    },
    "labelLink": {
     "local": [
      "tmc-20230814_lab.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "tmc-20230814_pre.xml"
     ]
    },
    "schema": {
     "local": [
      "tmc-20230814.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/2006/ref-2006-02-27.xsd",
      "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd",
      "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd",
      "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd",
      "https://www.xbrl.org/dtr/type/2022-03-31/types.xsd",
      "https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd",
      "https://xbrl.fasb.org/srt/2023/elts/srt-roles-2023.xsd",
      "https://xbrl.fasb.org/srt/2023/elts/srt-types-2023.xsd",
      "https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd",
      "https://xbrl.fasb.org/us-gaap/2023/elts/us-roles-2023.xsd",
      "https://xbrl.fasb.org/us-gaap/2023/elts/us-types-2023.xsd",
      "https://xbrl.sec.gov/country/2023/country-2023.xsd",
      "https://xbrl.sec.gov/dei/2023/dei-2023.xsd"
     ]
    }
   },
   "elementCount": 65,
   "entityCount": 1,
   "hidden": {
    "http://xbrl.sec.gov/dei/2023": 4,
    "total": 4
   },
   "keyCustom": 0,
   "keyStandard": 24,
   "memberCustom": 2,
   "memberStandard": 0,
   "nsprefix": "TMC",
   "nsuri": "http://tmcmetalscompany.com/20230814",
   "report": {
    "R1": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "b",
       "p",
       "body",
       "html"
      ],
      "baseRef": "tm2323509d2_8k.htm",
      "contextRef": "AsOf2023-08-14",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "document",
     "isDefault": "true",
     "longName": "00000001 - Document - Cover",
     "menuCat": "Cover",
     "order": "1",
     "role": "http://tmcmetalscompany.com/role/Cover",
     "shortName": "Cover",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "b",
       "p",
       "body",
       "html"
      ],
      "baseRef": "tm2323509d2_8k.htm",
      "contextRef": "AsOf2023-08-14",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    }
   },
   "segmentCount": 2,
   "tag": {
    "TMC_RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Redeemable warrants, each whole warrant exercisable for one TMC Common Share, each at an exercise price of $11.50 per share",
        "label": "Redeemable warrants, each whole warrant exercisable for one TMC Common Share, each at an exercise price of $11.50 per share [Member]"
       }
      }
     },
     "localname": "RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember",
     "nsuri": "http://tmcmetalscompany.com/20230814",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "domainItemType"
    },
    "TMC_TMCCommonShareswithoutparvalueMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "TMC Common Shares without par value",
        "label": "TMC Common Shares without par value [Member]"
       }
      }
     },
     "localname": "TMCCommonShareswithoutparvalueMember",
     "nsuri": "http://tmcmetalscompany.com/20230814",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "domainItemType"
    },
    "dei_AmendmentDescription": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Description of changes contained within amended document.",
        "label": "Amendment Description"
       }
      }
     },
     "localname": "AmendmentDescription",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_AmendmentFlag": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.",
        "label": "Amendment Flag"
       }
      }
     },
     "localname": "AmendmentFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_AnnualInformationForm": {
     "auth_ref": [
      "r14"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag with value true on a form if it is an annual report containing an annual information form.",
        "label": "Annual Information Form"
       }
      }
     },
     "localname": "AnnualInformationForm",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_AuditedAnnualFinancialStatements": {
     "auth_ref": [
      "r14"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag with value true on a form if it is an annual report containing audited financial statements.",
        "label": "Audited Annual Financial Statements"
       }
      }
     },
     "localname": "AuditedAnnualFinancialStatements",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_CityAreaCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Area code of city",
        "label": "City Area Code"
       }
      }
     },
     "localname": "CityAreaCode",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CountryRegion": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Region code of country",
        "label": "Country Region"
       }
      }
     },
     "localname": "CountryRegion",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CoverAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Cover page."
       }
      }
     },
     "localname": "CoverAbstract",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "xbrltype": "stringItemType"
    },
    "dei_CurrentFiscalYearEndDate": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "End date of current fiscal year in the format --MM-DD.",
        "label": "Current Fiscal Year End Date"
       }
      }
     },
     "localname": "CurrentFiscalYearEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "gMonthDayItemType"
    },
    "dei_DocumentAccountingStandard": {
     "auth_ref": [
      "r13"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'.",
        "label": "Document Accounting Standard"
       }
      }
     },
     "localname": "DocumentAccountingStandard",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "accountingStandardItemType"
    },
    "dei_DocumentAnnualReport": {
     "auth_ref": [
      "r11",
      "r13",
      "r14"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as an annual report.",
        "label": "Document Annual Report"
       }
      }
     },
     "localname": "DocumentAnnualReport",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentFiscalPeriodFocus": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Fiscal period values are FY, Q1, Q2, and Q3.  1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.",
        "label": "Document Fiscal Period Focus"
       }
      }
     },
     "localname": "DocumentFiscalPeriodFocus",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "fiscalPeriodItemType"
    },
    "dei_DocumentFiscalYearFocus": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.",
        "label": "Document Fiscal Year Focus"
       }
      }
     },
     "localname": "DocumentFiscalYearFocus",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "gYearItemType"
    },
    "dei_DocumentInformationLineItems": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.",
        "label": "Document Information [Line Items]"
       }
      }
     },
     "localname": "DocumentInformationLineItems",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_DocumentPeriodEndDate": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.",
        "label": "Document Period End Date"
       }
      }
     },
     "localname": "DocumentPeriodEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentPeriodStartDate": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The start date of the period covered in the document, in YYYY-MM-DD format.",
        "label": "Document Period Start Date"
       }
      }
     },
     "localname": "DocumentPeriodStartDate",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentQuarterlyReport": {
     "auth_ref": [
      "r12"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as an quarterly report.",
        "label": "Document Quarterly Report"
       }
      }
     },
     "localname": "DocumentQuarterlyReport",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentRegistrationStatement": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as a registration statement.",
        "label": "Document Registration Statement"
       }
      }
     },
     "localname": "DocumentRegistrationStatement",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentShellCompanyEventDate": {
     "auth_ref": [
      "r13"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Date of event requiring a shell company report.",
        "label": "Document Shell Company Event Date"
       }
      }
     },
     "localname": "DocumentShellCompanyEventDate",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentShellCompanyReport": {
     "auth_ref": [
      "r13"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act.",
        "label": "Document Shell Company Report"
       }
      }
     },
     "localname": "DocumentShellCompanyReport",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentTransitionReport": {
     "auth_ref": [
      "r15"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as a transition report.",
        "label": "Document Transition Report"
       }
      }
     },
     "localname": "DocumentTransitionReport",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentType": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.",
        "label": "Document Type"
       }
      }
     },
     "localname": "DocumentType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "submissionTypeItemType"
    },
    "dei_DocumentsIncorporatedByReferenceTextBlock": {
     "auth_ref": [
      "r3"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Documents incorporated by reference.",
        "label": "Documents Incorporated by Reference [Text Block]"
       }
      }
     },
     "localname": "DocumentsIncorporatedByReferenceTextBlock",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "textBlockItemType"
    },
    "dei_EntityAddressAddressLine1": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name",
        "label": "Entity Address, Address Line One"
       }
      }
     },
     "localname": "EntityAddressAddressLine1",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressAddressLine2": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Address Line 2 such as Street or Suite number",
        "label": "Entity Address, Address Line Two"
       }
      }
     },
     "localname": "EntityAddressAddressLine2",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressAddressLine3": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Address Line 3 such as an Office Park",
        "label": "Entity Address, Address Line Three"
       }
      }
     },
     "localname": "EntityAddressAddressLine3",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCityOrTown": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the City or Town",
        "label": "Entity Address, City or Town"
       }
      }
     },
     "localname": "EntityAddressCityOrTown",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCountry": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "ISO 3166-1 alpha-2 country code.",
        "label": "Entity Address, Country"
       }
      }
     },
     "localname": "EntityAddressCountry",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "countryCodeItemType"
    },
    "dei_EntityAddressPostalZipCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Code for the postal or zip code",
        "label": "Entity Address, Postal Zip Code"
       }
      }
     },
     "localname": "EntityAddressPostalZipCode",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressStateOrProvince": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the state or province.",
        "label": "Entity Address, State or Province"
       }
      }
     },
     "localname": "EntityAddressStateOrProvince",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "stateOrProvinceItemType"
    },
    "dei_EntityBankruptcyProceedingsReportingCurrent": {
     "auth_ref": [
      "r6"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "For registrants involved in bankruptcy proceedings during the preceding five years, the value Yes indicates that the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court; the value No indicates the registrant has not.  Registrants not involved in bankruptcy proceedings during the preceding five years should not report this element.",
        "label": "Entity Bankruptcy Proceedings, Reporting Current"
       }
      }
     },
     "localname": "EntityBankruptcyProceedingsReportingCurrent",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityCentralIndexKey": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.",
        "label": "Entity Central Index Key"
       }
      }
     },
     "localname": "EntityCentralIndexKey",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "centralIndexKeyItemType"
    },
    "dei_EntityCommonStockSharesOutstanding": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.",
        "label": "Entity Common Stock, Shares Outstanding"
       }
      }
     },
     "localname": "EntityCommonStockSharesOutstanding",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "sharesItemType"
    },
    "dei_EntityCurrentReportingStatus": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.",
        "label": "Entity Current Reporting Status"
       }
      }
     },
     "localname": "EntityCurrentReportingStatus",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_EntityEmergingGrowthCompany": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate if registrant meets the emerging growth company criteria.",
        "label": "Entity Emerging Growth Company"
       }
      }
     },
     "localname": "EntityEmergingGrowthCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityExTransitionPeriod": {
     "auth_ref": [
      "r19"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.",
        "label": "Elected Not To Use the Extended Transition Period"
       }
      }
     },
     "localname": "EntityExTransitionPeriod",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityFileNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.",
        "label": "Entity File Number"
       }
      }
     },
     "localname": "EntityFileNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "dei_EntityFilerCategory": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.",
        "label": "Entity Filer Category"
       }
      }
     },
     "localname": "EntityFilerCategory",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "filerCategoryItemType"
    },
    "dei_EntityIncorporationStateCountryCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Two-character EDGAR code representing the state or country of incorporation.",
        "label": "Entity Incorporation, State or Country Code"
       }
      }
     },
     "localname": "EntityIncorporationStateCountryCode",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "edgarStateCountryItemType"
    },
    "dei_EntityInteractiveDataCurrent": {
     "auth_ref": [
      "r16"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).",
        "label": "Entity Interactive Data Current"
       }
      }
     },
     "localname": "EntityInteractiveDataCurrent",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_EntityPrimarySicNumber": {
     "auth_ref": [
      "r14"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Primary Standard Industrial Classification (SIC) Number for the Entity.",
        "label": "Entity Primary SIC Number"
       }
      }
     },
     "localname": "EntityPrimarySicNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "sicNumberItemType"
    },
    "dei_EntityPublicFloat": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.",
        "label": "Entity Public Float"
       }
      }
     },
     "localname": "EntityPublicFloat",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "monetaryItemType"
    },
    "dei_EntityRegistrantName": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.",
        "label": "Entity Registrant Name"
       }
      }
     },
     "localname": "EntityRegistrantName",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityShellCompany": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.",
        "label": "Entity Shell Company"
       }
      }
     },
     "localname": "EntityShellCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntitySmallBusiness": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicates that the company is a Smaller Reporting Company (SRC).",
        "label": "Entity Small Business"
       }
      }
     },
     "localname": "EntitySmallBusiness",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityTaxIdentificationNumber": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.",
        "label": "Entity Tax Identification Number"
       }
      }
     },
     "localname": "EntityTaxIdentificationNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "employerIdItemType"
    },
    "dei_EntityVoluntaryFilers": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.",
        "label": "Entity Voluntary Filers"
       }
      }
     },
     "localname": "EntityVoluntaryFilers",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_EntityWellKnownSeasonedIssuer": {
     "auth_ref": [
      "r17"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.",
        "label": "Entity Well-known Seasoned Issuer"
       }
      }
     },
     "localname": "EntityWellKnownSeasonedIssuer",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_Extension": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Extension number for local phone number.",
        "label": "Extension"
       }
      }
     },
     "localname": "Extension",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_LocalPhoneNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Local phone number for entity.",
        "label": "Local Phone Number"
       }
      }
     },
     "localname": "LocalPhoneNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_NoTradingSymbolFlag": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true only for a security having no trading symbol.",
        "label": "No Trading Symbol Flag"
       }
      }
     },
     "localname": "NoTradingSymbolFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "trueItemType"
    },
    "dei_OtherReportingStandardItemNumber": {
     "auth_ref": [
      "r13"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "\"Item 17\" or \"Item 18\" specified when the basis of accounting is neither US GAAP nor IFRS.",
        "label": "Other Reporting Standard Item Number"
       }
      }
     },
     "localname": "OtherReportingStandardItemNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "otherReportingStandardItemNumberItemType"
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "auth_ref": [
      "r7"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.",
        "label": "Pre-commencement Issuer Tender Offer"
       }
      }
     },
     "localname": "PreCommencementIssuerTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_PreCommencementTenderOffer": {
     "auth_ref": [
      "r8"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.",
        "label": "Pre-commencement Tender Offer"
       }
      }
     },
     "localname": "PreCommencementTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_Security12bTitle": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Title of a 12(b) registered security.",
        "label": "Title of 12(b) Security"
       }
      }
     },
     "localname": "Security12bTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_Security12gTitle": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Title of a 12(g) registered security.",
        "label": "Title of 12(g) Security"
       }
      }
     },
     "localname": "Security12gTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_SecurityExchangeName": {
     "auth_ref": [
      "r4"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the Exchange on which a security is registered.",
        "label": "Security Exchange Name"
       }
      }
     },
     "localname": "SecurityExchangeName",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "edgarExchangeCodeItemType"
    },
    "dei_SecurityReportingObligation": {
     "auth_ref": [
      "r9"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "15(d), indicating whether the security has a reporting obligation under that section of the Exchange Act.",
        "label": "Security Reporting Obligation"
       }
      }
     },
     "localname": "SecurityReportingObligation",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "securityReportingObligationItemType"
    },
    "dei_SolicitingMaterial": {
     "auth_ref": [
      "r10"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.",
        "label": "Soliciting Material"
       }
      }
     },
     "localname": "SolicitingMaterial",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_TradingSymbol": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Trading symbol of an instrument as listed on an exchange.",
        "label": "Trading Symbol"
       }
      }
     },
     "localname": "TradingSymbol",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "tradingSymbolItemType"
    },
    "dei_WrittenCommunications": {
     "auth_ref": [
      "r18"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.",
        "label": "Written Communications"
       }
      }
     },
     "localname": "WrittenCommunications",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "us-gaap_ClassOfStockDomain": {
     "auth_ref": [],
     "localname": "ClassOfStockDomain",
     "nsuri": "http://fasb.org/us-gaap/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "domainItemType"
    },
    "us-gaap_StatementClassOfStockAxis": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Class of Stock [Axis]"
       }
      }
     },
     "localname": "StatementClassOfStockAxis",
     "nsuri": "http://fasb.org/us-gaap/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "stringItemType"
    },
    "us-gaap_StatementTable": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Statement [Table]"
       }
      }
     },
     "localname": "StatementTable",
     "nsuri": "http://fasb.org/us-gaap/2023",
     "presentation": [
      "http://tmcmetalscompany.com/role/Cover"
     ],
     "xbrltype": "stringItemType"
    }
   },
   "unitCount": 3
  }
 },
 "std_ref": {
  "r0": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r1": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r10": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14a",
   "Subsection": "12",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r11": {
   "Name": "Form 10-K",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "310",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r12": {
   "Name": "Form 10-Q",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "308",
   "Subsection": "a",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r13": {
   "Name": "Form 20-F",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "220",
   "Subsection": "f",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r14": {
   "Name": "Form 40-F",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "240",
   "Subsection": "f",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r15": {
   "Name": "Forms 10-K, 10-Q, 20-F",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13",
   "Subsection": "a-1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r16": {
   "Name": "Regulation S-T",
   "Number": "232",
   "Publisher": "SEC",
   "Section": "405",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r17": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "405",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r18": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "425",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r19": {
   "Name": "Securities Act",
   "Number": "7A",
   "Publisher": "SEC",
   "Section": "B",
   "Subsection": "2",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r2": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-2",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r3": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-23",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r4": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "d1-1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r5": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "g",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r6": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12, 13, 15d",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r7": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13e",
   "Subsection": "4c",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r8": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14d",
   "Subsection": "2b",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r9": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "15",
   "Subsection": "d",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  }
 },
 "version": "2.2"
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>24
<FILENAME>0001104659-23-091027-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001104659-23-091027-xbrl.zip
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M"%$>0.9!AXK($%9,=8F(+.7R;')9?#AO#YXJ(G%#'#"U3ZV198YE3C(J)M<
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MG! =SPY6OD?OL1?DO2!H&3L3N;#K>1AV(V9[P=7A2R=6H_X%)_]UT<I?C'1
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M84):H\/U;'3QZ4:Z)7S%='%^]A0T(# RFOH0?KG!MCF"'] Z-5$#_ZUIURY
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M]H BT_:E3%?S=>#^,Q3_I,4Y[N1)[A8=__80'=]S=/S;0W3\#MV:/?._3\,
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M<EJDQ.IEJ]DZL ]0F#!/R1MYP,2K-;.+H+5XM%J612=_2=,6Y7,\SQWT-;(
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MEU@U&JAF7"MD\3A9B1IOOXZ.'S3F(@>Y,WSWPCO?[5?E=B \'#D'06R5Z[#
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M"51/1=TSE9GB?0V&F(!DYLP5E*]E]2->FR:C5!T/>NGH(DBY9^68L;'9=QJ
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M<366-#5RG>RF EF6V-@6ZP2(";, "9'?8^8?<+ZK[#*? A>]ENA\S?G0<.!
M+;-RGI<B,@CI!/\1/J+2LA56\V"3G)RGPK)G5&T0+C[:3JY)#YOVO<"#,;%X
MU4Z5[AZ[<ELS[?&O\D1C25H/G+6^-!1$\U4F.0)E,>?RHS"_AC0WG9:XA&43
M=/O;\]:]B*0+.?<XZI5/MM2[Y<.<EAJ$PP":A? *N%Y3MAJF<]ROBSW'%V+(
M&]TV\;I@3Q+8E&@7.>H%*CMV*96UCX7&'.<SL3!!0*Q]GF4=*U8@/F4;PG2Y
M,A)#3KVJQ%J;AN) 0<I]7R=M+U5*O+ +1DAMLSS3:A5S4C( >=.(VC-J]*:0
M5.9WQUOOM%8 )E=ES@%+&"8M5Q.2,PS4)HVXA%VBBD54:;%P"(;>$K)O L7@
M8]CT$KM1<6*95MVV>11B_FMWR4E955P&6G.O2-NQ2YI7&D'#%<L2PF[W6*-%
M$TR7*S#:C<M&'\MDQZ,VE[WSBMV.#O:'!P?[GAWL#P\.]KMR9_924WOG\L09
MU#_0B >$.J;Q3JM\2;+BE+MD<)(014,Q*3*]0G'4E^D3)F."*>24> VE^CDH
MGD/-R2MH/K@6(J9S6<.H&N[)I_3D43MSF?U0;S.03!4"=/[*7A).(A^/CCCL
M>HR!>)O0_?KI;R].@Q)"F0+FKER!]()Y<CI.%22,H\0C_<3F\0D<8CWLH),N
MJ]88P6AQ( =QBRT$.KP^Z"0P<&Y%(DUW>%[6MQ)F]EC]3IQZ_2/6EA*,\8LV
M;:!(1=3%).XD(-#F^G0@50%P0<%V(F@V_V*2U3TI;%V\E'[ UV#"3/$<&7"M
M<CL4ZX8^.G7];ZXRP8HM*T?S[,'23G85&K+#>%ADGM(*'8:(ZE97Y!$3BTR\
MFDC[.:HQ0:8H+&H\TF2!QH%%<"('W813=#I.DSBP?EL-:A!OZA=U-#H(Q@;+
M*"J&D_5.B43[2J 7C?-?KR]+5J-=6@2?.:5!= P#10-UV5V-Z*.P_XLE;A0U
M@ _1:O/V:1.EHQFCW9BX'IYMRW:+R6E&K@X^9NQ#Z[S"<N;!N[2.I2K!UB=?
MIKDEH;)/[FU\_LXKA3>H67AKG2 !6VK#[G<-X-H8&PH8TVGPZ@%?%V4*TXBY
M9(>!>LDNZ+]^<+":V63;-K?QDK8T&.U.,#!DDYZ.N(0',32$OU2]V;/!M4O-
MIQY]P?KF" _:I\D&Y"8X_3W&-]NLXJ+L!VWOZ]/[0=;E>'1S\[+M)OEHZQ)X
M[XW-R^C6K<M/X,/[4CB(,WP^3!^&'_[R\^F;M\^?OCCC>3[_3UC[+S\K(_WE
M#<SZU=N_G[V)3O_VYNSLM[.7;\^C5[]&\%'T&G]Y=OZE[-5GJA![?/)@G]$5
M*08;CS@1D:V*Y^PY$R9H_9Q:/$8E-N^S:IK74E[*00*J%R#Y2F[I0NXT9Y";
ME%7?49X*4:Y$-T+0^X1S52S&)WZE+^9Y$BL.OPAF=)4GZ#&_I"(Q_9B;,)KB
MBIYQ!79?U5UR]CKL'!W(%Y')XS-@Z^IO1$0=4$]Y%UG%:=@ <@!KBD\BX8<-
M";U'? :,:R3M% <V4OLOZ1NZ4*G=Y1YKTJT_IM(EXOI,8BD7H.I@D2V[C!YV
M+.4]LT$9HS$*/'EK'.+S4F :>=SP*@!N]#L@\VZ0!OV"7*D10YKW:ZT,MBZ3
M4"(>VFFD-#\\EJ"PKN&V*;K)+H%2W8CNWNZ-(="QJK0Y$6]T,7+!L[3G<HXV
M%BRYNY%*G2T1F/28;!Y;7*KV?=A4++XQAYR1WEI(ASQQA XV 7ZR##G*3^H^
M%IQ'R=#NMYSR_1?GV%X'KC=2WK+U//S9FO H>OO;U'GWG<I[DFA[K7G^=545
M>7U)YPX'ULFQ^MUI<5E2S7/Q2@1A;NN"L%VOKHO:!N08\-FD/3FV12'/[/T2
M_3PQDY]/3KK*BD2Z26VY"#@AX%$$!X620')MX/2RHE8]V"FJIIZ:?H&759M1
M&TR%BRJ9:KC_6" E.;/+>:;8Y.:>T>T&4:XOA)5@;>^0;>L7>Q=-VT%&.3S$
MK@U&BIBG&V FOJRF@3L&=AX= CM[#NP\.@1V[LJ=V9/<>K1/N86(R1>5%U1A
MMTFO\;'&1HFKW"] =$SI&\#?L-MTM0XK @M0'QMQCGH<PE83AB/*R9VIHRSP
M S[L:7R 7/@X,D"):!;)6K+4EX3SC-V$.\/,.'$N" X-P_K01'#>VN[N-^[F
M18J\IDI?2X,D3BXECQ/K^ (63>BK)C',M!FC<3HMT2*!'3%#44TECX6-R326
M(#A ?:,:4\YVK[KS@FQ/E_+Q/B^ES0<G_*1G+IL(F^!.Z,JMN]U9^+J2&I8(
M+%8C&?3H /\55%(^G>_O_<^@7G0P=3^I3;I^PPGZL;]=V+H-+!S-91*]CS3:
MC3V7HU\QH!5V_/*6DE L>H$)1" C7&!)]4OAN0RC6VR'NVP^'W;Q>75HFTEY
M070:Z>RM8AFV6:40HV_!IA>:MY6T:^W,YX*GA#'MVUN@I[NX)YVH[:2\FUY<
M.]V6DOU-VWM0XF/S7=-JCX [TI,.%S2JW]P8]\,@2T[ Y'&9^+&W9L>CU5*;
MQFX\X/!<-G9PUHQ;B1R$Z7?>=6\Q8,C'P0!F#N(Z1I<+\=I6.C!V@VRNLRP(
M&<5#I['A,/I3$WG[P4 +#L6G'6JL"N/0EUR2)>V1NS33?G?/*+1"'H<)&9T*
M>'^R3DB';483T^EZTE 7Z%P">H[2!40\F@ N1:\X8#/XE(;&<.Z2JN[,5^4O
M+MSF^C9([XNR:DECWQ>4,C](U.H)8Z!)T$TZ""\<S7'-"$S?> )K4:]3B%<P
M=(MD*?">&47B^]EK'R.EB+?K7:"YXPWE5C!:F!,&07\52>SH;(?57WJPR<+S
M==A\_$9I?^%!79Q9S>=C*)&6PIOM\_';\_7#:68"8I;.J:L7K/F@C0QH(]_N
M51NQ:J?T/W@]3\2Q!68L'&"^<(DME.U,"1\$)M333-@H$.8^=GEMX_/)8\_Y
M'<V1'R=Q#6Y/'48(_T2;HRCTU]HU@B4]FJN_:I%7KBAX6BXFHEP K9<Y9J\L
M<66VB)'0>SU:AR*R)0J0Y$3,<8"U!4+J'C:^H\ 3R%1F:AX\AAHA2/^"*O+!
M@R0METUG(V..YG=W9:KVD.^/"U.]N! ]:Z#S0\]\8GSC55XUW-Z5ZVVHYL>S
M0)]AU,OA/!Z..5*W/7URUBEZGK<<V,( 6_CK/MG"2U!TV189CSKN[K/^U @\
M5]>28%.%[(<IH:!3L7!SD5*OIEMG<>!= %LO5'2\K[RM>&H+O)P+\SI<RE?F
M 6_RK2^),VKV6*CX"-:4:.349&H%'''N0:,Z):T^5Z:.-:''FS.F7\H\SZ[0
M@@Q^X':_WTZ)U=<@'@JVF=KY=,8@$@8N;(:<Z, EEE[#,H.;I+ T4'TT8D@A
MN/:O A4_M'?;7;;I26Z. QO5VSJ<4F'G:X[3%*T IYZ\9\1D';=2@ 8+&V%R
M@?+4#CP,FA"Q[4IX(R,B&K A8E6IN:=.3\%HKZG)9!O:FF*Y<@7J5CN7H*?\
MIJLF/I C*]03WC_.-T.Z';J'O>2(EHGK Y^NN!2K;1Z&Z>3#!V*WY)8.!$?D
M>>TXB;9Q1R7Y'S,'SE- ;8!4-*9^RK2.$/R =G7; ?NXFLD\;Q]%E2VX.M^W
M( C!%*/?F<N89 _7L%88O/D%UO+1H33=ZT7Q/#$X7,2O70G=FVS9YJ.2FFAX
MY""1ATA][<ZB(2%U36C0!U=S8%I9N:HUSKK3WO>:B\%:U>FG[98Z7K];Y)_1
M;NP3R&1G_GGG];P=HZJ/#U'5/4=5'Q^BJG?ESNS)-OING[;1[S4#GVF963=4
M@[%**2=:J0,U,Q5L#I!B(&[IZ^ P@GE=5N^( R?+O$GFL2_;&H\4\]D!A;MX
MY]WGMWNBG>_W&Y$/8*N9CEJM,L[#Q*70I=,MI($5A8H(6:2*C\TN%W3PM46^
M D1Y%=.&ETPX&I6F;#')0N0%KX:R L]@8"Z880QG!4G&&KLIUT@@#(VOF*Q*
MO@6)_& \PA>[HE/0X^:LWP85*DE$(E--47HJ++*ACXYC63@;\5BB)J["NFUJ
M')DPI[2F9H1#N]T/ONVYL-AY")<>9C;<[\LN.XY-M-,I]T,;[\))G1,@+ZP[
M@]O9^&B'?0<[?\>-=T_(?E/,1 &RC_!08'WJX/6G@"V?UZZ^%G9C0=;$C(/*
M+C@X'LT)\BMV/1#8M/-QP9A]US6UM$9M%4&(R.A-%K"O]'DM!JC @ 7@1Z@1
M_[%*+[3A-14W(_9)GK*FJXC+>#[<F<D/:%(P$U $JB);.Z3]F=X:?MQCOUT8
M3Y#SW;9VABJ $7A-'$P%$"%U>(@8TXTH5JM)I8K7A[U@4%1B,!$E:!W<*G2+
M39U<;'QF965;+5M '2_ZHG;-<.GQNYNAZCC.?)W8)MU3*;,4.RYUG1E"H_0U
MVX_>);),,'^B%49?T#0ZQKXUX;'Y!NYY4T[?24I/RY."O$,1Q0O_VVZ\D4^J
M6[?&AN1'-0_1+D4,CB=[A#BC<TSK!7L?PV]+JKEVWD!_XN$TQR.Y:_WUDI8(
MV(96,M@2%W!MQSRI=('S>Z="Q$U^'N<BY?PF>R@\^%5>:G5]%UB !\,%4P4!
M]L;I#?"ZJ4I?.XH%]XXEC4\83Q'9*'"&'&$5,5*><=0]<SUPI-QQ5B6K-(XN
M*L10+;(+8$V9E N@D)ZMYM$"JY?IW<=<WN-(?SQR1OFD*E=8[ZHW('0S\P3#
M]#N9+BL!LJ\P4,WCA+G5]K9V4)%H<)W*QL)L5U;C!5SH&J%S)6:CQ;M)7:\6
MTEPYFPD.(Z=_T_FKOUS\9^4U;,KTLN3<-^,.1TS,9:,8MEW^L.:F\>TM&YH6
MBU6/6:;3$!;#I>5"] 2(B2P(^TMP%F3/<C &*04WROM5XA@IR6_QW<0:<8@Q
M0N4 EQF/)+>AQW\6 *CRJKA 3C;98:YJLQ8BY[ AT= 9AV4*06/X64)I_A+?
MM*)0$ &1!5)AA",![2-/*Y62?#D&1P15V HF8(&-U <JMAVZ4]U;RV5>2+6A
M#!9;]HB.L7G.?>6M&YQKG((P)EA6N:VK;H<U[??MIE$B$[;D:+ /K@8.7N>V
M[,LLIY>$BA*; U&M24')1<PWA81)/\&%AW:J0UFA[C@. [KGJIB,#E]P?K26
MPY@)%_4J$4G3SBCL-T3OLDWB:9?M]R;UQ)$-_LF<#:8KHS5<9G/!W)@GZRQ]
M0D3SK[YT&[J1&"6:KWL]SX1[+1JD:HPXFF^XA?D)#:<);-@YMZJ=U"X++K!=
M[^H55+U8!MOU+R8,)S" O_GW#=3U4U*V2PO4]4\IWP>7Z3J::HX$,]A.?AC/
MVVIWMBTIS;EV67)&V0\>50'G;6<KY+Z('D\[^I^_/?B?]^Q__O;@?[XK=V9/
M/L0?]MN!%QNC>/\AQ@LQ&=Z@+9RZZ)LIJ6P%XBD%EENL#"CL[#9998RS0X_2
MDUQ,[2K3$</9M0*/'7#!$N7'DG$:*',.E2Z#&%^LT*,5M1?01G6C_APHX=NP
MS%J$KK\+\!5:(M#T*&X_KG++ 3$<*K)WQ!BY?ZN78"O9O^"VN4,D;_5:P:76
MK!*.PA ,>24F>Z<70,UP_XS^2P0PES:]0(Z@P2E>D=/[%WC[%#FD4&>(3<TN
M5=-OL$DT9J5..8 _7]/@F23_8V\)]X7/ N 2K[X< P:01K4&H0M12<()9@RP
M(KYIGE@/W9=B.+4F*XT=V+PG)TD6[L)LI^$I[ZIG_/!\9JO*YXK6L<*N.&L*
MLT/XX)QQ'O((2G))U6!S:JVM$\!L)S9P&JP&US(%9S?Z)JD[+4QZU])XV!3"
M%/.I)Z#FC'UGD)CV(]3"&(EPIR/B6GDF$24_7JUY:_O\:G]\^&^P7M!^#/8=
MS2[=#UH$$=-4LEZZ\Q9OEL@ 0PPD+N3]XIL)SX?\CST4)EU[P;!?4[LFSB>2
M;B+MI$'KE^32_5@K+SQPI:T#\GXO;@.C*>'20Q(]\ZAA"@B8*0251+"--.N9
M2< E,GA][KO>=DD5Q5DVAP5699%/V>T[(UN:G'KTBV<9.0Y*))6W%3#P,'E/
MVN/6:&?F]25B0,ZSI.*L'-<!O ]//;)PZI.UHC\LD[6V 9[)HK9.PY#>MIGT
ME<TPV%%W'P[B=4B\WBZ&UY^PW=ZG.)3;A:'9WFH/N\CB9<R21F]L.UW@)8<<
M\E3:.+6+60A:4T6=KW#ON(".O5O']*&E:*>&KB1*C'\J3J?6^%""XG6"R<3X
M<=]+72*#,LK^X)$$N#@]9I&U%I<C^NB\+MT<\<5>J$HVJ0.;[7O%"69-HF>O
M\E/4K)F8+0<_59-(BN:+A@3(HB'@&TV/;V57M#%NBM1#):1N' S9K5L_94TC
MKR6+2!H(MRR?!BFB54D#&X-SA(5)_T/O*Y7(Q34[R6A-%8+,)75K#,TF9PX^
MS;A)%HU[ ?)JV5OTH=U%,%VY5A<X!5RO2E4>0XPCEQI\]SG-CEZYOQZ\<GOV
MROWUX)6[*W=F7]+Y=L%V;KN-W%F+S=?9%:8DS$4Z )O^H\Q#)X!D<SGV;&-"
MK:(U+)3@*)Q/3/&E0:9@K=RIF9P:SX)(S0)\>Z^X\4A EH,P5]N@,TD81Y(Q
M1FVF+JTSCUYE&KL=;VXMIWN&\7#MQ:;YDJ$C4'JY::F1A^C;(2TG'*S*I%N=
M@B9@$5Q1KJC=11O +B]RZG[00CY!9"1L0S#IP49Z?/+X!HWD/D&+(Z)9$\2^
M':+E%_K-%RUDT]:WVY/1WO?@M;34KMLY@[@3RZ>K$?@!>CJ%<4RYT]_+4:5%
M:MJ&OTY@L)T,V&+=!E[O1G\5API](4FU#OV)V7O:B?D63!:#76EW ;NCU@+<
M8>/8+G%L;=/&U"OKD+0T^2 K+E":;2S+3#R<& $GM?,O'-#0;=[F:/ RH_/J
MPRC)I\T$.* V]Z.I\JEX_L .(7PFPH,N%V:#R![;O$OM)!5\8#H%E; 7=[>=
M&#?K@C@%>]MZ^RUN[FZWE'J;AZRRU5JX9X.WEI!B[@A^%113RA7O[.QX9"VR
ML.2V4^_9CX7UX4SI9#RZ89=/B])\&TT^VZTS-W3Y'.R=:3*G;MKD$^_@KET^
M6_U(/[C)I^-E#H8,)/[V_I[.4/XT[3U]%U]6H?KZ>[8NY-VWN_=E0]PN-N!V
M#Y^$G4&N8G58N@H"FE@=C-3RTH$NZ?,:T$KUFCN@:(^01SR[; *%9.G>XL&E
M.LAC%)OQ/53TE4%8'/V.ICD[-V*53,NXIZN8:W0C L-(O.%IM-Z>5^;]_[ A
M#F<7($(%E["@+P&X;(T%U_#J=_=*L.\)KJMG-SNS80P0^IB1Y199"O_&E5RL
M$G+["8 VVR_K)0WHOV.H+.#]_Z+U'ZM)U/-R.F6[$T.[/Q[YY=O8E BW$J>L
MSW<;'WB7H* ^] #SMQ4$(B'46F.+XT),&Y4!-L-JRPYS%POO23(\<)T!KG.[
M&&#;/1?8*"Y/"C'7^_P37ND/3 -7FQ3V.S R)Y>[#K3+_>A QZ@I71=(<P&;
MC)IE+/=#$S;QJFL?;8?.CD/I3 /]%/LPS$VME*K)=="4;JK9!JC)>D@O*AUT
MT,0:*$UP$!+6*VV[B+$7;%TGB[:@8&20Q:P;!>U?>GI;\)W4A</=@VVKPDX4
M 2(]1ZO]"?4OO-T\+S2Q/=)/"Y//*/Q;=K9="2+) Z085ZJ/A,<NQVUPBBG[
M3)7-6;D"JGHL$UX 65Z*J0G/61M.G1;/$,;RSK.,'0,$WQT"!'L.$'QW"!#<
ME3OSB5O(]720^^WY.=Z!TY=GKWX_](L++_.W^^T7]U8@BVV7@L!Y)+4=#MHX
MU5I=&S/W,?^N"6^3Q#RV!AOKXA@G':#0$B60[$E3E^CK=DAR=I!-T)9=]S?,
M5JN9!,Q*_ 'B@U $+$V#%/&'*6RND:[KZHG54ZS?&#D[RV>@:1Q]^]/Y[Z]_
MQB:T^-]CE\_V##9PL%?<$P>M%8,)<8UK%D#60C:T\0?$7EMNSLHY<T%1SY)*
M>>@@N'3-%)S+F?DUK\E^DM4?X(&'[N9^.U]EVN[W3(H-3_".*@0H=1#0$()W
M/&RR ;L!":*.I:G(72;L#>L4.I+?G]3\]"K7T)(6=$[QGXVS="55$7Y9-7RW
M!(Z/H>7]UU1!F7,*MF_YO91BNBEYAW72FL*#^O%X! LG?R>#XFO4T8$J,DN
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MX.<O#Y,QA6_!?M>HS*>N>U9OMH_<KM,Y=L[K)VX>.75:[G'?.6S5V[\]<T^
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M3P  69D! !4   !T;3(S,C,U,#ED,E]E>#0M,2YH=&WM?7MSVT:VY_^LXG?
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M==.:TW$!GFF1K!K#D4AGQD1HJY#F?;96PLDG950@$:2DE:,+4Z(@@>G%TYK
M*FP^8>+[_XTCF"PK(.)?5UE#I[\C?R@S'+=5]B6N-_1IC$=BZVV(UP13C]S,
MAPS$:&="$<2.9469HC_<N[,?)9<DLP+M?G=O_W:0]!H%C^V">3YQV_[R].C_
M/<+YX0__[/@ZO,T]QVQ29/&8F(1K 0F?S,&BW+3CQ&[( -IBFX/9H%)F[2N8
M]_02<I$;WKOQ=/JRJ)Z1T'Z=,>DTEE(&#M4>(/P-V<RKO'P;O5S"7WBW.*4I
MB9H<9'J"B2WSI)0D#4I\GF?E%).AIM-,_!@5)7#/5N6T-=%2'@7_RK/:Y4-8
M5$U+KG]@G([:.\&NIK+3C-F>3<WFE9Q906(8\Q^:6(*9>8T<!4F;T\V[!TI>
M$GWE$TQ-3K-E1FP%3ZM.@/_"L6<%L%"6./.J2O'U+=BSPB9>N4Q*&F61_%+5
M2*,8P<'BE\QQ$24Z:/MU+@&>&X><@41LY!J5'#]10I:8993>/AYEO\&4)5N"
M+[$-L2R3W'(SDV;QQ7+]@*?UA*8YH\_GYDPE#=)R]AN<8SEGU]@F=GC9A31^
MDO%(L>9[G +XKY/CZ' !JY_B;M!'29,FOT:2?^QQ*?G3/XIJLO$O)T2A_@.&
M79ZTU?0MAC9Y<?Q7RS+,+_\DED:Y''B5FZ:J*8[H[1GH,!4L\8N+!3L:0M?8
M-5$:*%'BBBI#FH#A-23;-BH36XLVF(?OT?XT&L1XE&Q4#?XH#6(\^CC;?&4-
M8CSJ;OJ'TR!"V=E1'W*G/HQ'2G^(/J'Z8"IOM/X0?3KU@:2!TQ^B3Z4^L!%K
M](?HBU$?MDN@N'T?U%NBK'OX7C&.[T<_XSG#G_^8_(J-KC4NF=ZJUAK>J=9J
M5GD_.ETOX=6'=3+)I_=!65ADO!,O*ES?;2^1PGP+__+G2O+X),I&ZA+/GF>H
MD^73Q@MD?@[50UL['671^9ZNOU95>%QWHRN)C #["3V[?D)>-^5XBEI5GP/.
MY3&[9,>6\MVH1L-5[H@J0V4;X]'A''EW3P3=2ZG#[TWK#,N$)7"/3D1,Z>X/
M<DM-<YIQ8K+]'%1W\CN:;Y/_\11E^>.,_'E5O8;)P<;:9;=G=;6:G]'[Y"%\
M/1;_8&E)@G5'T1%\HTISD$C-&@3_0L?J'[\Y//++IV>:OUNM,V'W*68&8 Z>
M<;;*"TEP2,K#H0LML]8*XUZ:#+E$R=G:_;L\H1$6B:4^A<GC[CPC9RDGA&+^
MD9V8]O)W_*O1>=[K0J;JL=94?<+K356(+1>3P@,I<I^2;:#\O%)N(SMK3[TA
M_<$\9YXJDS!'(B2;V/IRAG,D8:,Z"9>J/MX+J/O!#E.&D*8U;H,K&O+W56;;
M7P-%:BAIMR;9")_E8C168K:H1G.1_ U5>?UST-DZ50ESZ:TJX 'LRTWR@RD1
M"\.KP>!2&7>ETC@)&W1KXR(IC7N/-4<[UJ;86+4>.5X;%OU[U216^4NQV)@M
M!>*TIF8?:0CX#A,;U<I,,E@J<^$SH=R95)T,W&>,VO&FJ/J.C:<0:*&8FZVW
M!S3JHK%6NA1NP/QL$:#'OKLSPC(OERD_3-Y1_YY2(6GLS8CW<9FLHR ;&VX0
M,AL*TQ?YKZN<"[C39 &Z#J8I2L$YFGO )LND:-=\];,$#OJ;@WA_?[\G0*H6
MX-]L9TN[Y)^..=--!]()DST; C;8-P?[9&WIRX594+C]8LI]<[O[B"DXR6?M
M6=2]F)U=1FFHMGG7[47WR[3R#6<DJ5G=Q]A@=IE',(00"_QM"MH,D8C:UKZH
M'*[8EETEKAHT(:W"\$1/LAJ&^N3PY!03%N=ULD"#M<"Z_:2)@O(W?#MJBX'=
M)Y/"H]K;4+@SS(&ZSE*<5&.>;]SS2WH^1K,1!868M<D $XS-:8="$#CC(B'M
MQO,BD08$[UTJP); K]'@EIG2/.UKA:%#IMXEVTW;8]3 B+3 [I8<@<(,.F&)
M7EKRJEK%4=3:9+&\CP5-2F&+;5F:]:N&=%%YK.R+T_SSO7YU'\>T(>\>9?]I
MD)ZABC.[I;!<J=+AO[$IX,'B7E%!$E4OB#@QE %H2F3#G!!/M0N*@4)B\_E)
M/"![X*:XA4?9>0Z[-;4Z@N D^'H@%B2;:C_\>%4ZZR9@8EBS+$([P%>(13'4
MH_.6>EXPN7M4;QSAW"CMR:3.N-=]>62JZ/0ULORFH>K5UW0BBB1#I0-.QUFA
M/@NAHQ=S\U(59%.RJP)'F*R94BY31$H]VD6NZYJ)R+CJBD2;KR]<XY/=SL-W
MY\_ES+OSU9GW"=G&N>,:R!:RLDFXZAU9\*/5^N93K&^/G@"K0. .N'0XA6)M
M;NP67B]X UCEG-QE(K+,JUE8N/+0T-*0?+6/Q*\&DBO].OEA1D:8>..1YGJ)
M3N4,<7LV:?4[ BO"B9@SV6Q:)CDP"'*N)HVQIE\6RR)K,7,*@7?DQ&CB:<?C
MX1OBN[&)CBF#0UP>VN-BT41P=,SIJZNW@2C?83 (+(8RP2;:_$1P$PQ:"KJ?
M=DVL/O L\FOQ7LWR>J'<51:H(0[T9V44HT\/UM[,>$16CM#%YN_ D,.MXVA*
M2K9JT)SE@EXJAEF:&@MGD29*Z^9+XF.:6?D58%I87R/:U6)(]Q J(QS$=$JH
M@B,\#TUVYS?EM@FVDO%" B0_5=1CMWH\ OI9L'[0F$%V!Q*MFDJYHK/?,,K9
M^%5B @:BZY@7"'*R+-8XK'5A7>+X.Q/MU.S81:*(<- 3DE.^:,F7U-UAA['4
M"J E@VU9CUUK,R P*QOWEEE-DZ$FB8(382AP_K4X%SWX$%@M,%<!FDE<W19?
M+NNXW:;B#HTX<BLS\V&HC0[)DI$,FW$.U V_#F:9XR%*$-1/!4\X%>"L*BO<
MT!T/=2=X.'"AC4>B9V4I7>-AGY2;5G!G7>Z[LW\D"_HL\=%?6A8OQ.)R*5XC
M#F2FQQXF9[S8DU!()'O1$\J'2I!/QB9$(#.UK"68)4R-_!']-PD6]<T!^ZY0
M @'OKQ$#2T1D:/<C'V_;;+%LL]1+[_>'I*_AL]9M2.R+1]R6 #&M^YN#?9Q:
M+'6BG*WC0AM"3?V%FX1GAR*PZ_X+8:423[*P*T][7\<C<1NR*/(O=(TQJU(0
M<##7 ,U2&X B+H*0-.NN*A 1"A!OKBQ%]AU(03!SE87<2C8)^R_$1'55@@L3
MZ:(=+:JF(10N#;K%JR"D76MO6T9KS0\2_9E6:/"ZY!KJAM"#<@^9%:Y"D5P(
M,"!N+J5*")>.B22J5:M@?A%_-LVFF/./D^; QA0=623\*0!7IK?HA;]0V@F%
MK>#VS#RZI+GT^;)F3KF3VV>NN$^M/;4JBD,I=JUU(O(X4+V*!>>YKN;9.VG0
M2H$&>^9)S;I(4EC)!N=R,JWS)2O#\,S,/L.A-'H$T8F7#E\2:;'[G+V4PCLM
M6/10 1%Z"RV E7F?Z$FDAG9T(.;2*FSHXYQ8_M/5BOK"!U04$Z75!6K^+&%+
MV$-!::$I?''TH/PP1[# .;Q]/#I-?I-TI6-)5Q+;2,6->TMP!%'4LH4IO3)@
MCR9NQ*J.]M"VR6^112W$.OF4W+\VZ;J'L^I0=D^<(398@$(Z=F$V#VM3^E5L
MRZD[&F!(W)OCRD)\_->:_B7?NB"&I7G-*>^>)> 2-XRMA*<0VT_/JHOLG-'9
M*<L,<=1D&O"Y"8'TQ%TX,\--/)&).:NN?RFQ[ZV]0+/!.G/9#XI'%>IE:+;B
M=JKP]B&!QE&$ U2?A=$_$<+5(;+Z2+"^F1BB\.%&"D/'4!_J.A99'A_$%YHR
MM?5"X@# 5E8+^-\,!%0N!CD(U,4$!$*&<M!0JD>@CB[-B_M299:$^500X)JV
M^2D1T(H>2E*%?;Z9$FA'A2$+@>H8 /&C^ :\?Y8YY*G!]!5.,J=SA8-I,#\Q
M;W"'IT66$&2#1HH7$4U*EB20VKS0W8$Y4[)E794@X3<[Z+\\QJDY)ZAE%%2
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M'*$9._A@+S-)W[(-^[[9W]O?WS\@) @O"8O\X2Y*3Y.6L;S=PQ2R@7)J4%9
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MTR=X(@YNN9*,T$[_U:J.0NZ:HV EDYQ>49\3HCD*:X41;(!<3(0P*0)DP"!
M=EB YHV)%3".>LPK"^<SI@/K,PB'E#K.@_'+Q(<V1@/L#'=VT2X/2QJ;" %X
MSGL==K3QK+O]1&PLQ>\LWNUCLRF3B'+387E!MHN!A[=K'C@Z!_]!X<=%M>(&
MQP./<Z6+24I3)<0H';Q(K_'.#%^ZH ]S8V#&Q1G0EX9J2E7&HZ'E$'0\)C\!
M,>,L+>P6=4IQV&P(;00,YAS-6G,6:8Y*('(YE/2P(N6A'Q@/H?MFFW4]Q&)G
M-CH]JV@5ML!THR;'7C"+<D@+&]Q,9-B>B\+2!P]O?:>=.0QN9&O&;IP@&/1L
MNN)M=B,-3+2OMZD Z/!=$$8G".";UDREYUK5TEW)',]#$1XPL1,[S#$-XW$O
MO#= X8M,=VQ12(*N8U*GYJ,G][FOJQLYO"[I^N!Z&GF:I>EY850H,IBL-UR,
MJVGFZ'\MR*3)E%I\^[!.S/V#TI90ZJU*=9E2N#;KW>V8J<LHVRA?4>?LQ8OE
M9J:L7K-S3Z-VV?HG\[;P4*.,@BM3DV!I]D[U6/2,T?'(Q&SZM]0D]+D.]CEA
M97@29R9E/S4WHB,=KY/0: 1A9\;D<\78VS(A)L278%<[<EVWC?Y ! /36/F[
M.67R\FB$[4<U*-2VHP5F]J)ANY<Q$H*$'KA\PQ^-'[!%E01-RC4BDKZ#0!-M
M\I;R2\EE I=MQ8"8/3R^NW7Z=EU*S/AU>I?+!3#)2JHCD3IIFPH0+(A!<VQ0
M0XIGX7MP%5LEI3+0Q:I%/M4KT,QE4/<-D5$V+4T0B"P]#_&.#=?"W%D0AK:C
MEE:_Z\Z$K.:S2:!U;X@@6^''I.+PU"<93XA0Q\ET1D1U*9\EY$%B=#:NN7EJ
MET^KAWF;(^%23(?2.!X9N6,!WG1'*7J<6%*66'C/<-5R0(C?:.D(8Q<&IPO_
MZ!F$MB#.IO2R1*/:HW>38U9PD0YA.I$W:&3T\S*,H)+Q5B8++D16(W#Y=GZ=
MDW[?M]G[D>MXRBDEJ+$6NA%J,XC?<2> %Q*Z*#-D*BV%/TP=LOGLX-;!_GY[
M)HG7U&ZXIV$?62# *C:V-+RSV2;UFG"J6GKMUN!4N$143XH#>^4"0(P1(CQO
M&F=#+4-D2AGZA__2J$JU\_BY*D"Z)?5:%W]%C];F8O7V]]C0$5@N?HC(J9D!
M4HZ.LDA^4BNIK3UNH"9L+Z+;M5%?C3((S\86BOM,T.Z80;<=)#S)7V8K%5<C
M4+Q U P=B^^E:3*9*N-XZ]KM+XU^YHY^7DA/3=A'WOG/H6[PX(KKS5VIY*%*
MFH(U^]3$E^6-P6[K<3<@#*WQIX3X*1[ ZR 7]2U= Y V9/( A6*548%P5P(S
MV^EK&GI$7"&5!M(6MQZ[WH@E=RI\AT&I&#!%#XSHMGDV4Z#%<F50.32-M6W:
MHAOK&I/6=HD//_RY$A]^^)KX\ GYEF)<BE$?HF/-77O@$8IU8^%S7]_G( W8
MY;M&IL-E7P9P6&5,'C:X\007C\:? SGWLWUM(XE-4S"@-&55UNB\X2 &>CU=
M9C*'*E$=0&BMH7AL#/;=T>"(%B&<ODB%%&*044S*N6J[[@!)>*X<U)!I.C"%
M76+_3E4K3"P9M7;^?"DTJLWOM=21[#Q6$]9-:^TKNC-3BR)/L"GRZ6"V\$2V
M*ER.)9+M):'4)CP:AJ_?)<&$VH@EE*LI_;NX>*6V*2-;0)E$#LG$BVI=&HDW
MT5F3(A,XXVW07?!-M@BQ8[#\>$MJ.S<*.L?/SYV^#C<-=GQE,$+@*-WF7^1L
M-W&<F58_FR5YAQ9,7%:7F??I&>Q1-UFTJHT!:1?$59360?V#F@A(IS7J1YK6
M&(ZGW$@7EP%;T]6U&9WA-34U0(]QIT559_8)XRZUT>U]M(3AQB<U0I6MF\AS
M7WF@JI0NC"$!O]R8/0BB_B!GP>Y;L=*<6L9RM2UA*+(V7"96C4=HG7K58LHS
MYR7LQQ[?C!6[BGM8"%$0FJQJ.(I1T/E<FC"]D6%1<A2]E-_620+NGW)SV9PC
MPMOHY&'C55@/[J=)!>\446CH*(LHQ1EFCB74X4TFW_J2FF;)5/QJ>7+>%563
MN5!BIQ O;_5KV".XY8;VE2]@>K27F]4-2_?QDJ!D5:YDD-)PM8V3+,3>G;OO
MVN?8C'9@)\6*4^M==QO7_$[8*G>VQB]0483+ 9?OV!X%+O4<L1S,E]!/#8+!
M!65<192XT:T,8]*R%]=&BWD^W>XWM :'AMW-VV<1Z%K>3S*W"T%?G$[G2NE^
MW;B.E?%0RTH.E=@&?7XOATI0N (!&7A3*(CF[7Z0G1YX2R4?QD>@00'+LS--
M%XQ9IEY,&6YJ]AYL?A(=B9/E=88A=[S'3^!)OMU_N_E?7IT6!VZ]V+(@8FB6
MT]L$2EQ&TJF1W313;IC:@[:H]\6<LL_YA;88HP18VGR>.=M3OHD)^DOR4...
MNZV;4'7.$J5;H3LG77M_]+7 H_JN%X_J5!B1=B5\#GZE]\"C,DN63NCBX#_U
M(M2B,XML=<"PEZ8UDB:O.D7Q&W:Y,LH.C,*3[+.*=6MLF@8:-P@&$2EXMVTJ
ME9Y8:]RR)592H<(]L[ W'DM#K3#-,..;T5WGE#O*@I4#"I'-+S[/$U8>D3?/
MB<E(NH,+O;OL\2[&CF<&B-#A<&/;@JHKT+HHO1" &/C,=-5VDA9DSC11XLEM
M6]5EMN:6A;,5EEJZKE)<0;YFU[81IFWRF\+=LMKN@F/,AC\YT,;FBH7"XU&1
M7#1[T4]6[KN32E!-RV=62$I8&28C&?<=15_V(5)M E$#ACN@\&IMXRC95HS(
MV:PR/I.,-0#YN0D[$#%8LM$$! -*;!?]>],CT%6^!5I]JH" D")Y'0QS8+1_
M>J8*5R+Y'$;T#O7>0\VZJ<Q:4J,;=O"<C"_6:UN[1_V]^MONF9X0?O>]GJQ7
MJ<?3JL[R;-U(XTAWW&$+2B] RHWS],LQJ=^L*@J3C&8K3+.Q&5$#M;A;C6V:
M7[=G=09T8KN^>;TZA'I\_5^-)\384":ZN_9THX/A^,]\K-U%L=YA8DN$?<!Z
M=+%VN^$W_,.#PC7$ADFY)FBD]B!129JI,O3"[F:N_2>SZ+/DG/O.EMC&V&6<
M]G9O"=55U5DM$O]$;S-?7'1R7JTZH7RORR^1.-:,^$8 ;P>Q,WOE13'M=O>C
MXLVDA"--*(T3[Y9MT+7D=/99Y;7 A*<2AJ])NE\5),+(A>%FN PPCF!7>(E
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M&<?B-]&0VYQZ"4S_(B%\&BFE9WZ'KF(=6^F+9)"^NU8JM$*S&TB- C['O<2
M+RKCA?2,O P L=JSNEK-ST2,^$AQ7B4"51H,IMMZB?O=?ARZ-PWGH#++<I4
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M3PG'&H%65#*%.<J2@D]G<5HE> )8 J :6__%7.27KWDE1)*!-FF6)(]9XB[
MM]"#^<!15!8O^ST\XY=UPENFD.@"9LB+[EFL?0VX#OT&) &RFSSZ&V-GLR*?
MK^Z&K$/;B1H(]3:T^YO"&5B1;DXX469D;-?']N%)L]3KF*(=5AIU6&F<YW"+
M$A.SL@)@="7Q(?(WPR-PI<+-$(==[K^H#-P<62K8F,OGUV?B^6H]MVT!RX'*
M1H4^'R/-%AH12"PQATIBH"?BU>V MI;#DPMA,,J,[.9I.E/%-'V<%PD46#M
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M&NGXH" X/#[IG['>6;\_N#GN75R]^66CM6&^WQR?GN;?OYKIG?33*0UM_73
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MK%D0*+"%5*T\(7P Y%$\)NXEJ:OO7R2:'-[D$ B.@ %!\J7[Y%$^V 9B!G>
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M:(5.JG/ KNVQS#[K<YT^G\;JC[N<94O=HG_7LO^_1?_F]5]02P,$%     @
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M_7EV-+G%XN9(&E/W53]/D=HS4]!Q"3ZRPQ[J*MKGU.198\OC6AY40,ME,'!
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M]O>C6C5U\4_ZN_RX^<?\WB!]Y']02P,$%     @ +DD.5UCOY8OV#   <98
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M<+B@SZ.01#D+_,<> ?Z/Q\\TV(C-BTM!;"6OA/#).KGBIO39;;?<!A9]30M
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M:OUT S#;./70=%YQ IB#3TE*O5M2)DL2Q^+!&IQT=R@FL6U:8,,Z+TVE5\2
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MIG(9EH'[5)>V+Z7G#V#\1N+XUX1NDPG!*4U(F%]+,=TI:M?;?6*FPW;]H1E
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MN 4H#K4KA!3\T:K4N/:B5Z&IJ[S7>S=[S _SSR_TEG\!4$L! A0#%     @
M+DD.5P?I$^SN(0  <[8  !(              ( !     '1M,C,R,S4P.60R
M7SAK+FAT;5!+ 0(4 Q0    ( "Y)#E<M([)OWXD  %=* P 6
M  "  1XB  !T;3(S,C,U,#ED,E]E>#$P+3$N:'1M4$L! A0#%     @ +DD.
M5SS:\@=X3P  69D! !4              ( !,:P  '1M,C,R,S4P.60R7V5X
M-"TQ+FAT;5!+ 0(4 Q0    ( "Y)#E>B?@ TN@\  )<]   5
M  "  =S[  !T;3(S,C,U,#ED,E]E>#4M,2YH=&U02P$"% ,4    "  N20Y7
M:/GB.88,  #M-0  %0              @ ')"P$ =&TR,S(S-3 Y9#)?97@U
M+3(N:'1M4$L! A0#%     @ +DD.5] (PF,R!   IA<  !8
M ( !@A@! '1M,C,R,S4P.60R7V5X.3DM,2YH=&U02P$"% ,4    "  N20Y7
M6_1E1BP1  !).0  %@              @ 'H' $ =&TR,S(S-3 Y9#)?97@Y
M.2TR+FAT;5!+ 0(4 Q0    ( "Y)#E<^F!>G^0,  (L/   0
M  "  4@N 0!T;6,M,C R,S X,30N>'-D4$L! A0#%     @ +DD.5T7<]_\G
M"0  M&H  !0              ( !;S(! '1M8RTR,#(S,#@Q-%]D968N>&UL
M4$L! A0#%     @ +DD.5UCOY8OV#   <98  !0              ( !R#L!
M '1M8RTR,#(S,#@Q-%]L86(N>&UL4$L! A0#%     @ +DD.5P6HTJ1_"
M3F4  !0              ( !\$@! '1M8RTR,#(S,#@Q-%]P<F4N>&UL4$L%
3!@     +  L V0(  *%1 0    $!

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