Trilogy Metals Inc. — Director's Dealing 2020

Apr 13, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Trilogy Metals Inc. (TMQ)
CIK: 0001543418
Period of Report: 2020-04-13

Reporting Person: Gowans James (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-13	Director Stock Option (Right to Buy)	$1.63	A	275000	Acquired	2025-04-12	Common Shares (275000)	Direct

Footnotes

F1: Converted from Canadian exercise price of $2.26 using an exchange rate of C$1.39=US$1.00

F2: The options vest as follows: 1/3 on 4/13/2020; 1/3 on 4/30/2020; 1/3 on 5/31/2020.