VANCOUVER, BC, Sept. 30, 2025 /PRNewswire/ – Trilogy Metals Inc. (NYSE:TMQ) (TSX:TMQ) (“Trilogy Metals”, “Trilogy” or the “Company”) announces its financial results for the third quarter ended August 31, 2025. 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.

Selected Results

The following selected financial information is prepared in accordance with U.S. GAAP.

in thousands of dollars

Three months ended

Nine months ended

Selected expenses

August 31,
2025

$

August 31,
2024

$

August 31,
2025

$

August 31,
2024

$

General and administrative

214

293

910

1,027

Investor relations

38

15

72

46

Professional fees

246

138

1,305

530

Salaries

251

158

774

527

Salaries and directors expense – stock based
     compensation

374

 

506

 

2,971

 

3,014

 

Share of loss on equity investment

891

624

2,236

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