Trilogy Metals Files Final Base Shelf Prospectus in Canada and Registration Statement in the United States

VANCOUVER, Oct. 31, 2019 /PRNewswire/ – Trilogy Metals Inc. (TSX, NYSE American: TMQ) (“Trilogy Metals” or “the Company”) has replaced its existing base shelf prospectus which expires in December. The Company has filed a final short form base shelf prospectus with the securities commissions in each of the provinces of Canada, other than Québec, 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$100,000,000 in common shares, warrants to purchase common shares, share purchase contracts of the Company, subscription receipts, units 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. Once declared effective, the registration statement will be valid for three years.