---
schema_version: "secwatch.filing_event.v1"
accession: "0001279569-25-000720"
form_type: "8-K"
ticker: "TMQ"
cik: "0001543418"
company_name: "Trilogy Metals Inc."
filed_at: "2025-07-10T23:59:59+00:00"
generated_at: "2026-05-18T08:44:20.516980+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Trilogy Metals reports Q2 net loss of $2.2M, cash at $24.6M

## Summary
- Net loss of $2.2M for Q2 ended May 31, 2025 vs $1.8M a year ago; $0.01 loss per share.
- Cash and cash equivalents $24.6M; working capital $23.8M as of May 31, 2025.
- Six-month net loss $5.8M vs $5.4M; higher legal/regulatory fees and salaries drove increase.
- Base Shelf Prospectus filed for up to US$50M; ATM program for up to US$25M not yet utilized.
- Annual general meeting held May 13, 2025; all directors re-elected with >94% votes.

## SEC filing metadata
- accession: 0001279569-25-000720
- form_type: 8-K
- ticker: TMQ
- cik: 0001543418
- company_name: Trilogy Metals Inc.
- filed_at: 2025-07-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1543418/000127956925000720/0001279569-25-000720-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1543418/000127956925000720/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001279569-25-000720
- JSON: https://secwatch.observer/filing/0001279569-25-000720.json
- Plain text: https://secwatch.observer/filing/0001279569-25-000720.txt

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