---
schema_version: "secwatch.filing_event.v1"
accession: "0001279569-23-000503"
form_type: "8-K"
ticker: "TMQ"
cik: "0001543418"
company_name: "Trilogy Metals Inc."
filed_at: "2023-04-25T23:59:59+00:00"
generated_at: "2026-06-16T16:14:53.797553+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Trilogy Metals closes $3.22M private placement at $0.55/share led by top shareholders

## Summary
- Closed non-brokered private placement of 5,854,545 common shares at US$0.55 per share for gross proceeds of US$3.22 million.
- Electrum and South32 each subscribed for US$1.2 million; CEO Tony Giardini also participated.
- Related parties purchased 4,545,454 shares; proceeds for general corporate purposes.
- Post-closing, outstanding shares total 154,837,574; Electrum holds 21.0%, South32 holds 12.0%.

## SEC filing metadata
- accession: 0001279569-23-000503
- form_type: 8-K
- ticker: TMQ
- cik: 0001543418
- company_name: Trilogy Metals Inc.
- filed_at: 2023-04-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1543418/000127956923000503/0001279569-23-000503-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1543418/000127956923000503/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001279569-23-000503
- JSON: https://secwatch.observer/filing/0001279569-23-000503.json
- Plain text: https://secwatch.observer/filing/0001279569-23-000503.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.