Trilogy Metals Reports Third Quarter Fiscal 2026 Financial Results
Key Highlights
- ➤Q3 net income $0.2 million, versus $1.7 million net loss year-ago
- ➤Cash balance $31.2 million as at August 31, 2026
- ➤DOW strategic investment closed for gross proceeds of approximately $17.8 million
- ➤Arctic Project permitting targets Record of Decision in September 2028
- ➤DOW holds approximately 9.1% of Trilogy Metals (TMQ) outstanding shares
Expert Statements
Tony Giardini, President and CEO of Trilogy Metals
“The third quarter and the weeks that followed have been transformational for Trilogy Metals. The Department of War's investment in Trilogy was successfully closed. On the permitting front, the Arctic Project now has a transparent, coordinated federal and state schedule, and the Notice of Intent, published on schedule, has formally launched the NEPA review on a path to a Record of Decision in September 2028. With a defined permitting timeline, the investment by the U.S. Government, and a clear line of sight to a Record of Decision, Arctic is well positioned to become a cornerstone of a secure, domestic copper supply chain.”
Trilogy Metals Reports Third Quarter Fiscal 2026 Financial Results PR Newswire
VANCOUVER, BC, Oct. 2, 2026 /PRNewswire/ -- Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) ("Trilogy Metals", "Trilogy" or the "Company") announces its financial results for the third quarter ended August 31, 2026. Details of the Company's financial results are contained in the interim unaudited consolidated financial statements and Management's Discussion and Analysis which will be available on the Company's website at www.trilogymetals.com , on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov . All amounts are in United States dollars unless otherwise stated.
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