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Trilogy Metals Signs $25 Million At-The-Market Equity Distribution Deal
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Trilogy Metals Signs $25 Million At-The-Market Equity Distribution Deal
May 27, 2025 7:54 AM

10:43 AM EDT, 05/27/2025 (MT Newswires) -- Trilogy Metals ( TMQ ) said Tuesday that it signed an equity distribution agreement with a group of agents for the issuance of up to $25 million common Trilogy Metals ( TMQ ) shares under an at-the-market equity program.

The deal allows the company to publicly offer the shares from time to time through the agents, said Trilogy Metals ( TMQ ).

Trilogy Metals ( TMQ ) said proceeds will be used for its Upper Kobuk mineral projects in Alaska and for general corporate purposes.

Price: 1.25, Change: -0.01, Percent Change: -0.79

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