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Trilogy Metals Inc. — Director's Dealing 2013
Jan 2, 2013
33424_dirs_2013-01-02_7e74ee52-9113-49db-b58f-c6541a65672e.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: 2012-12-28
Reporting Person: Electrum Strategic Resources L.P. (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-12-28 | Common Shares | J | 833333 | — | Disposed | 8038700 | Direct |
| 2012-12-31 | Common Shares | C | 5222879 | — | Acquired | 13261579 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-12-31 | Warrants | $0.00 | C | 5222879 | Disposed | 2013-01-21 | Common Shares (5222879) | Direct |
Footnotes
F1: On December 28, 2012, the Reporting Person distributed 833,333 Common Shares to its ultimate parent for no consideration.
F2: On December 31, 2012, the Reporting Person exercised warrants (the "NovaGold Warrants") issued by NovaGold Resources Inc. ("NovaGold") which were exercisable for, among other things, an aggregate of 5,222,879 common shares of the Issuer. The exercise price of the NovaGold Warrants, which was payable to NovaGold upon exercise, was CDN$1.479 per NovaGold common share and also entitled the holder to receive one-sixth of a NovaCopper common share for each NovaGold Warrant exercised.