SEC Form 4 · accession 0001140361-15-025137

Trilogy Metals Inc. · TMQ

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Jun 19, 2015

Accepted (ET)

Jun 23, 2015 · 3:03 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001543418

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Shares^F1,F2	Jun 19, 2015	A	2,784,000	—	A	2,784,000	I	Gold First Investment Limited.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Arrangement Options^F1,F3	$2.47	Jun 19, 2015	A	90,000	A	Jun 19, 2015	Sep 17, 2015	Common Shares	90,000	90,000	D
Arrangement Options^F1,F3	$0.54	Jun 19, 2015	A	150,000	A	Jun 19, 2015	Sep 17, 2015	Common Shares	150,000	150,000	D

F1In connection with an arrangement agreement between NovaCopper Inc. (the "Issuer") and Sunward Resources Ltd. ("Sunward"), announced on April 23, 2015, pursuant to which the Issuer acquired Sunward (the "Arrangement") on June 19, 2015 , the Reporting Person received options of the Issuer in exchange for outstanding options of Sunward held by the Reporting Person entitling the Reporting Person to 0.3 shares of the Issuer for each option of Sunward held immediately prior to the effective time of the Arrangement. In connection with the Arrangement, shareholders of Sunward received 0.3 shares of the Issuer for each share of Sunward.
F2Held by Gold First Investment Limited. The Reporting Person is one of three directors of Gold First Investment Limited and may, accordingly, be deemed to beneficially own such shares. The Reporting Person owns one-third of Notela Resource Advisors Ltd., which controls 60% of Gold First Investment Limited. The Reporting Person disclaims beneficial ownership of such shares except for his pecuniary interest therein.
F3Reflected in Canadian dollars.