Trilogy Metals Inc. — Director's Dealing 2014

Jul 9, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NovaCopper Inc. (NCQ)
CIK: 0001543418
Period of Report: 2014-07-07

Reporting Person: Electrum Strategic Resources L.P. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-07-07	Common Shares	P	2760870	—	Acquired	16022449	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-07-07	Warrants (right to buy)	$1.60	P	2760870	Acquired	2019-07-07	Common Shares (2760870)	Direct

Footnotes

F1: The reported common shares and warrants were included in 2,760,870 Units purchased by the Reporting Person for $1.15 per Unit. Each Unit consists of one common share and one warrant to purchase one common share (or 2,760,870 common shares in the aggregate).