• Trilogy Metals updated on a proposed strategic equity investment by the U.S. Department of War worth about US$35.6 million.
• The securities would be sold in a transaction not involving a public offering, with the shares not registered under the U.S. Securities Act.
• Talks with the Department of War continue; a letter of intent signed in October 2025 remains in effect.
• Proceeds are intended to advance exploration, development of the Upper Kobuk Mineral Projects in northwestern Alaska.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trilogy Metals Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: VA17442) on August 03, 2026, and is solely responsible for the information contained therein.