UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event
reported): March 27, 2020
_______________________
Trilogy Metals Inc.
(Exact name of registrant as specified
in its charter)
_______________________
British Columbia |
001-35447 |
98-1006991 |
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification Number) |
Suite 1150, 609 Granville Street
Vancouver, British Columbia
Canada, V7Y 1G5
(Address of principal executive offices,
including zip code)
(604) 638-8088
(Registrant’s telephone number, including
area code)
N/A
(Former name or former address, if changed
since last report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see
General Instruction A.2 below):
[_] Written communications pursuant
to Rule 425 under the Securities Act (17 CFR 230.425)
[_] Soliciting material pursuant to
Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[_] Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.24d-2(b))
[_] Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.23e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
Common Shares |
TMQ |
NYSE American
Toronto Stock Exchange |
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth
company [_]
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with
any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [_]
Item 8.01
Other Events
On
March 27, 2020, Trilogy Metals Inc. (the “Company”) issued a press release reporting the public release of the Final
Environmental Impact Statement for the Ambler road by the United States Bureau of Land Management. A copy of the press release
is furnished as Exhibit 99.1 to this report.
In
accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibit 99.1,
shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference
into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except
as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
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TRILOGY METALS INC. |
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Dated:
March 27, 2020 |
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By: |
/s/ Elaine Sanders |
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Elaine Sanders, Chief
Financial Officer |
Exhibit 99.1
Final Environmental Impact Statement filed
for the Ambler Access Road
VANCOUVER, March 27, 2020 /CNW/ - Trilogy
Metals Inc. (TSX/NYSE American: TMQ) ("Trilogy Metals", "Trilogy" or the "Company") is
pleased to report the public release of the Final Environmental Impact Statement ("EIS") by the United States Bureau
of Land Management ("BLM") for the Ambler Mining District Industrial Access Project or AMDIAP (Ambler Access Road).
Ambler Mining District Industrial Access
Project ("AMDIAP")
On March 27, 2020, the BLM, the lead federal
agency for the permitting of the AMDIAP, released the Final EIS for the AMDIAP. This follows on the Draft EIS completed on
August 23, 2019.
The final step in the permitting process for
the AMDIAP is the issuance of the Record of Decision by the BLM and the issuance of the Clean Water Act (CWA) Section 404 permit
from the United States Army Corp. of Engineers. The Company expects these two items to be issued concurrently within the next couple
of months.
For more information on the Final EIS please
visit the BLM website at https://www.blm.gov/alaska.
James ("Jim") Gowans, interim President
and CEO of Trilogy Metals commented, "I would like to congratulate the BLM for getting the Final EIS over the line. The completion
of the Final EIS marks a critical milestone for the permitting process of the Ambler road which will unlock the incredible mineral
potential of the Ambler Mining District. Trilogy, through its joint venture company, Ambler Metals LLC, is already
discussing the next steps for the financing and development of the road with the Alaska Industrial Development Export Authority
("AIDEA"). The mandate of AIDEA is to advance economic growth and diversification in Alaska by providing various means
of financing and investment."
About Trilogy Metals
Trilogy Metals Inc. is a metals exploration
and development company which holds a 50 percent interest in Ambler Metals LLC which has a 100 percent interest in the UKMP in
northwestern Alaska. On December 19, 2020 South32, which is a globally diversified mining and metals company, exercised its option
to form a 50/50 joint venture with Trilogy. The UKMP is located within the Ambler Mining District which is one of the richest and
most-prospective known copper-dominant districts located in one of the safest geopolitical jurisdictions in the world. It hosts
world-class polymetallic VMS deposits that contain copper, zinc, lead, gold and silver, and carbonate replacement deposits which
have been found to host high-grade copper and cobalt mineralization. Exploration efforts have been focused on two deposits in the
Ambler mining district - the Arctic VMS deposit and the Bornite carbonate replacement deposit. Both deposits are located within
land package that spans approximately 172,636 hectares. The Company has an agreement with NANA Regional Corporation, Inc., a Regional
Alaska Native Corporation that provides a framework for the exploration and potential development of the Ambler mining district
in cooperation with local communities. Our vision is to develop the Ambler mining district into a premier North American copper
producer.
Cautionary Note Regarding Forward-Looking
Statements
This press release includes certain "forward-looking
information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning
of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform
Act of 1995. All statements, other than statements of historical fact, included herein, including, without limitation, are
forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects",
"anticipates", "believes", "intends", "estimates", "potential", "possible",
and similar expressions, or statements that events, conditions, or results "will", "may", "could",
or "should" occur or be achieved. These forward-looking statements may include statements regarding perceived merit of
properties; the expected timing for the Record of Decision and Section 404 permit; or other statements that are not statements
of fact. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will
prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important
factors that could cause actual results to differ materially from the Company's expectations include the uncertainties involving
our assumptions with respect to the likelihood and timing of the AMDIAP; the need for cooperation of government agencies and native
groups in the development and operation of properties as well as the construction of the access road; the need to obtain permits
and governmental approvals; risks of construction and mining projects such as accidents and other risks and uncertainties disclosed
in the Company's Annual Report on Form 10-K for the year ended November 30, 2019 filed with Canadian securities regulatory authorities
and with the United States Securities and Exchange Commission and in other Company reports and documents filed with applicable
securities regulatory authorities from time to time. The Company's forward-looking statements reflect the beliefs, opinions and
projections on the date the statements are made. The Company assumes no obligation to update the forward-looking statements or
beliefs, opinions, projections, or other factors, should they change, except as required by law.
View original content:http://www.prnewswire.com/news-releases/final-environmental-impact-statement-filed-for-the-ambler-access-road-301030759.html
SOURCE Trilogy Metals Inc.
View original content: http://www.newswire.ca/en/releases/archive/March2020/27/c9814.html
%CIK: 0001543418
For further information: Company Contact:Patrick Donnelly,
Vice President, Corporate Communications & Development, patrick.donnelly@trilogymetals.com, 604-630-3569, 604-638-8088 or 1-855-638-8088
CO: Trilogy Metals Inc.
CNW 06:30e 27-MAR-20
This regulatory filing also includes additional resources:
ex991.pdf
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