Trilogy Metals Q2 net loss $1.8M, down from $2.8M YoY; BLM denies Ambler Access ROW

Trilogy Metals Inc.

2024-Q2 EPS reported -$0.03

Net loss $1.8M for Q2 May 31, 2024 vs $2.8M in Q2 2023; $0.01 loss per share.
Cash $14.0M at May 31, 2024; $26.5M at July 10, 2024 post $12.5M return from JV.
Ambler Metals returned $25M to owners in May 2024 and $25M in June 2024.
BLM issued Record of Decision selecting No Action for Ambler Access Project, denying AIDEA's ROW.
NANA Regional Corporation withdrew from AAP; Ambler Metals working with AIDEA on next steps.

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