SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • November 15th, 2024 • TMC the Metals Co Inc. • Metal mining • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of November 14, 2024, between TMC the metals company Inc., a company existing under the laws of the Province of British Columbia (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
FORM OF WARRANT CLASS B COMMON SHARE PURCHASE WARRANT TMC the metals company Inc.Warrant Agreement • November 15th, 2024 • TMC the Metals Co Inc. • Metal mining
THIS CLASS B COMMON SHARE PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____ , or its assigns (the “Holder”) 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 “Issue Date”) and on or prior to 5:00 p.m. (New York City time) on November 14, 2029 (the “Termination Date”) 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 “Company”), up to _____ Common Shares (as subject to adjustment hereunder, the “Warrant Shares”). The purchase price of one Common Share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
