Trilogy Metals Inc. — Director's Dealing 2020

Oct 31, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Trilogy Metals Inc. (TMQ)
CIK: 0001543418
Period of Report: 2020-10-29

Reporting Person: Lang Gregory A. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-29	Common Shares	M	100000	$0.37	Acquired	100000	Direct
2020-10-29	Common Shares	F	24272	$1.54	Disposed	75728	Direct
2020-10-29	Common Shares	J	75728	$0.00	Disposed	0	Direct
2020-10-29	Common shares	J	75728	$0.00	Acquired	197879	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-29	Common Shares	$0.37	M	100000	Disposed	2020-11-05	Common Shares (100000)	Direct

Footnotes

F1: Converted from the Canadian exercise price of C$0.50 using an exchange rate of C$1.3349 = US$1.00.

F2: The withholding price was converted from the Canadian exercise price of C$2.06 using an exchange rate of C$1.3349 = US$1.00.

F3: These shares were transferred to a trust for the benefit of the reporting person's family. The reporting person is the trustee and sole primary beneficiary of the family trust.