Trilogy Metals enters ATM equity distribution agreement for up to $25M

Trilogy Metals Inc.

Up to US$25M in common shares may be sold at market prices via BMO and Cantor Fitzgerald agents.
Net proceeds to fund continued development of Upper Kobuk Mineral Projects and general corporate purposes.
Company not obligated to sell; program runs until May 14, 2027 or full amount sold.
Agents receive 3.0% commission on gross proceeds; Company also reimburses legal fees up to $200k.

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