Trilogy Metals Reports Fiscal 2024 Net Loss of $8.6M, Improved from $15.0M

Trilogy Metals Inc.

Net loss for fiscal year ended Nov 30, 2024 was $8.6 million ($0.05 per share) vs $15.0 million ($0.10 per share) in 2023.
Company had $25.8 million cash and working capital of $25.3 million as of Nov 30, 2024; approved 2025 corporate budget of $3.1 million.
Ambler Metals returned $25.0 million of excess cash to Trilogy during fiscal 2024.
BLM issued Record of Decision denying AIDEA's right-of-way for Ambler Access Project; Trump executive order may reinstate prior approval.
Approved fiscal 2025 budget for Ambler Metals of $5.8 million; Ambler Metals had $7.5 million cash at year end.

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