Trilogy Metals Inc. — Director's Dealing 2015

Jul 30, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NovaCopper Inc. (NCQ)
CIK: 0001543418
Period of Report: 2015-07-28

Reporting Person: Sanders Elaine (VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-07-29	Common Stock	M	161162	$0.0	Acquired	278595	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-07-28	Restricted Stock Units	$	A	161162	Acquired		Common Stock (161162)	Direct
2015-07-29	Restricted Stock Units	$	M	161162	Disposed		Common Stock (161162)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of NCQ common stock. The conversion price of the underlying common shares as of the July 28, 2015 settlement date was Cdn$0.52.

F2: The restricted stock units vests on July 28, 2015.