Fund buying at Trilogy Metals (TMQ)

Fund buying at Trilogy Metals (T:TMQ)

Electrum Strategic Opportunities Fund L.P., a 10% Holder, acquired 5,031,250 Common Shares on a direct ownership basis at a price of US$1.16 through a prospectus or prospectus exempt offering on April 20th, 2018. This represents a $7,428,379 investment into the company's shares and an account share holdings change of 23.3%.

Trilogy Metals is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Trilogy Metals Inc., formerly NovaCopper Inc., is a Canada-based base metals exploration company. The Company focuses on exploring and developing its mineral holdings in the Ambler mining district located in Alaska, the United States. The Company's principal assets, the Upper Kobuk Mineral Projects (UKMP or UKMP Projects), are located in the Ambler mining district in Northwest Alaska. The Company's UKMP Projects include approximately 352,943 acres consisting of the Ambler and Bornite lands. The Ambler lands hosts the Arctic copper-zinc-lead-gold-silver Project and other mineralized targets within a 100-kilometer long volcanogenic massive sulfide belt. The Amber lands are located in Northwestern Alaska and consist of over 112,050 acres of Federal patented mining claims and State of Alaska mining claims. The Bornite deposit is located approximately 25 kilometers southwest of its Arctic deposit. The Bornite lands hosts the Bornite carbonate-hosted copper Project.