VANCOUVER, Nov. 21, 2017 /CNW/ - Trilogy Metals
Inc. (TSX, NYSE American: TMQ) ("Trilogy Metals"
or "the Company") has filed a final short form base shelf
prospectus with the securities commissions in each of the provinces
of Canada, other than Quebec, and a corresponding registration
statement on Form S-3 with the United States Securities and
Exchange Commission ("SEC") allowing for the future issuance, from
time to time, of up to US$50,000,000
in common shares, warrants to purchase common shares or share
purchase contracts of the Company, or a combination of those
securities. Any amounts, prices and terms will be determined
based on market conditions at the time of an offering and will be
set out in an accompanying prospectus supplement. The Canadian
final base shelf prospectus will be valid for a 25-month
period. The registration statement has been declared
effective by the SEC and will be valid for three years.
The intention of the base shelf prospectus and shelf
registration statement is to allow the Company to more quickly
access capital when market opportunities permit.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
these securities in any jurisdiction in which an offer,
solicitation or sale would be unlawful prior to registration and
qualification under the securities law of such jurisdiction.
Any offering of the securities covered by the base shelf
prospectus and shelf registration statement will be made solely by
means of a prospectus and an accompanying prospectus supplement
relating to that offering. Copies of the base shelf
prospectus and shelf registration statement are available, and
copies of any prospectus supplement relating to a particular
offering will be available, under the Company's profile on SEDAR at
www.sedar.com and EDGAR at www.sec.gov, respectively. Copies may
also be obtained, when available, by contacting the Corporate
Secretary of the Company at Suite 1150, 609 Granville Street,
Vancouver, British Columbia V7Y
1G5, Telephone +1 604 638 8088.
About Trilogy Metals
Trilogy Metals Inc. is a metals exploration company focused on
exploring and developing the Ambler mining district located in
northwestern Alaska. It is one of
the richest and most-prospective known copper-dominant districts
located in one of the safest geopolitical jurisdictions in the
world. It hosts world-class polymetallic VMS deposits that contain
copper, zinc, lead, gold and silver, and carbonate replacement
deposits which have been found to host high grade copper
mineralization. Exploration efforts have been focused on two
deposits in the Ambler mining district - the Arctic VMS deposit and
the Bornite carbonate replacement deposit. Both deposits are
located within the Company's land package that spans approximately
143,000 hectares. The Company has an agreement with NANA Regional
Corporation, Inc., a Regional Alaska Native Corporation that
provides a framework for the exploration and potential development
of the Ambler mining district in cooperation with local
communities. Our vision is to develop the Ambler mining district
into a premier North American copper producer.
SOURCE Trilogy Metals Inc.