Trilogy Metals Enters Into At-The-Market Equity Distribution Agreement

  • VANCOUVER, BC , May 27, 2025 /PRNewswire/ - Trilogy Metals Inc. (TSX: TMQ) (NYSE American: TMQ) ("Trilogy Metals", "Trilogy" or "the Company") has entered into an equity distribution agreement dated May 27, 2025 (the "Distribution Agreement") with BMO Nesbitt Burns Inc. and Cantor Fitzgerald Canada Corporation (the "Canadian Agents") and BMO Capital Markets Corp. and Cantor Fitzgerald & Co. (the "U.S. Agents" and together with the Canadian Agents, the "Agents") for an at-the-market equity program ("ATM Program"). The Distribution Agreement will allow the Company to distribute up to US$25 million (or the equivalent in Canadian dollars) of common shares of the Company (the "Offered Shares") under the ATM Program.