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Trilogy Metals Inc. Director's Dealing 2012

Dec 5, 2012

33424_dirs_2012-12-05_7f7e633c-b8e4-42ec-9428-d6bc53d124e6.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NovaCopper Inc. (NCQ)
CIK: 0001543418
Period of Report: 2012-12-03

Reporting Person: Piekenbrock Joseph R. (Sr. VP, Exploration)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-12-03 Common Shares A 886 $0.0 Acquired 10524 Direct

Footnotes

F1: The transaction reported on this Form 4 was made pursuant to a plan of arrangement approved by shareholders on March 28, 2012.

F2: Represents a net exercise of performance share units. The reporting person was due 1,407 common shares. Five hundred and twenty-one (521) common shares were withheld and not issued by the issuer in consideration of the issuer's payment of certain taxes due by the reporting person.

F3: The common shares were issued at no price to the reporting person upon achievement of certain performance criteria pursuant to the issuer's performance share unit plan.