# EDGAR Filing Document

**Accession Number:** 0001543418
**File Stem:** 0001041885-23-000001
**Filing Date:** 2023-1
**Character Count:** 10419
**Document Hash:** b600c9f26e68bfec4d315b2e427f87ba
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001041885-23-000001.hdr.sgml**: 20230112

**ACCESSION NUMBER**: 0001041885-23-000001

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230112

**DATE AS OF CHANGE**: 20230112

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Trilogy Metals Inc.
- **CENTRAL INDEX KEY:** 0001543418
- **STANDARD INDUSTRIAL CLASSIFICATION:** GOLD & SILVER ORES [1040]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-86837
- **FILM NUMBER:** 23525544

**BUSINESS ADDRESS:**
- **STREET 1:** SUITE 1150, 609 GRANVILLE STREET
- **CITY:** VANCOUVER
- **STATE:** A1
- **ZIP:** V7Y 1G5
- **BUSINESS PHONE:** (604) 638-8088

**MAIL ADDRESS:**
- **STREET 1:** SUITE 1150, 609 GRANVILLE STREET
- **CITY:** VANCOUVER
- **STATE:** A1
- **ZIP:** V7Y 1G5

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NovaCopper Inc.
- **DATE OF NAME CHANGE:** 20120228
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SELZ BERNARD T
- **CENTRAL INDEX KEY:** 0001043327

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**MAIL ADDRESS:**
- **STREET 1:** C/O ING ASSET MANAGEMENT
- **STREET 2:** 230 PARK AVE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10169

```

                  UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549

                                 SCHEDULE 13G/A

                   Under the Securities Exchange Act of 1934
                             (Amendment No.  )*

                    	       TRILOGY METALS INC.
             -----------------------------------------------------
                                (Name of Issuer)

                 		COMMON STOCK
             -----------------------------------------------------
                         (Title of Class of Securities)

                   		   89621C105
             -----------------------------------------------------
                                 (CUSIP Number)

			           12/31/2022
             -----------------------------------------------------

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:

[] Rule 13d-1(b)
[X] Rule 13d-1(c)
[] Rule 13d-1(d)

----------
*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).

<PAGE>

CUSIP No.  89621C105

--------------------------------------------------------------------------------
   1.  NAME OF REPORTING PERSON(S)
       I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

	BERNARD SELZ

--------------------------------------------------------------------------------
   2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

         (a)  [  ]
         (b)  [  ]

--------------------------------------------------------------------------------
   3.  SEC USE ONLY

--------------------------------------------------------------------------------
   4.  CITIZENSHIP OR PLACE OF ORGANIZATION

     UNITED STATES OF AMERICA

--------------------------------------------------------------------------------
     NUMBER OF      5.   SOLE VOTING POWER
	SHARES			900,000
BENEFICIALLY      --------------------------------------------------------------
    OWNED BY        6.   SHARED VOTING POWER
      EACH               	0
   REPORTING      --------------------------------------------------------------
     PERSON         7.   SOLE DISPOSITIVE POWER
      WITH              	900,000
                  --------------------------------------------------------------
                    8.   SHARED DISPOSITIVE POWER
				0

--------------------------------------------------------------------------------
   9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
		900,000

--------------------------------------------------------------------------------
  10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

--------------------------------------------------------------------------------
  11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

                 0.616%

--------------------------------------------------------------------------------
  12.  TYPE OF REPORTING PERSON*

                 IN
--------------------------------------------------------------------------------

Item 1.     (a)   Name of Issuer:

                 	TRILOGY METALS INC.
                  --------------------------------------------------------------
            (b)   Address of Issuer's Principal Executive Offices:

                	SUITE 1150, 609 GRANVILLE STREET
			VANCOUVER A1 V7Y 1G5
                  --------------------------------------------------------------
Item 2.     (a)   Name of Person Filing:

	           	BERNARD SELZ
                  --------------------------------------------------------------
            (b)   Address of Principal Business Office, or if None, Residence:

	          	1325 AVENUE OF THE AMERICAS, NEW YORK, NY 10019
			C/O INGALLS AND SNYDER, LLC
                  --------------------------------------------------------------
            (c)   Citizenship:

		        USA
                  --------------------------------------------------------------
            (d)   Title of Class of Securities:

	    		COMMON STOCK
                  --------------------------------------------------------------
            (e)   CUSIP Number:

	                89621C105
                  --------------------------------------------------------------

Item 3.     If this statement  is filed  pursuant to Rules 240.13d-(1), or
            13d-2(b) or (c), check whether the person filing is a:

            (a)   [ ]   Broker or Dealer  registered under Section  15 of  the
                        Act, (15 U.S.C 78o)

            (b)   [ ]   Bank as defined in Section 3(a)(6) of the
			Act, (15 U.S.C 78c)

            (c)   [ ]   Insurance Company  as defined  in Section  3(a)(19) of
                        the Act, (15 U.S.C 78c)

            (d)   [ ]   Investment Company registered under  Section 8 of  the
                        Investment Company Act of 1940 (15 U.S.C 80a-8)

            (e)   [ ]   Investment Adviser in accordance with Section
			240.13d-1(b)(1)(ii)(E)

            (f)   [ ]   Employee Benefit Plan or endowment fund in accordance
			to Section 240.13d-1(b)(ii)(F)

            (g)   [ ]   A parent holding company or control person in
			accordance with Section 240.13d-1(b)(1)(ii)(G)

	    (h)   [ ]   A savings associations as defined in Section 3(b) of the
			Federal Deposit Insurance Act (12 U.S.C 1813)

	    (i)	  [ ]	A church plan that is excluded from the definition of an
			investment company under section 3(c)(14) of
			the Investment Company Act of 1940 (15 U.S.C 80a-3)

	    (j)   [ ] 	Group, in accordance with Section 240.13d-1(b)(1)(ii)(J)

Item 4.     Ownership.

            (a) Amount beneficially owned:

		900,000

            (b) Percent of class:

		0.616%

            (c) Number of shares as to which such person has:

                  (i) Sole power to vote or to direct the vote

			900,000

                  (ii) Shared power to vote or to direct the vote

 			0

                  (iii) Sole power to dispose or to direct the disposition of

			900,000

                  (iv) Shared power to dispose or to direct the disposition of

			0

Item 5.     Ownership of Five Percent or Less of a Class.

	    If this statement is being filed to report the fact that as of
	    the date hereof the reporting person has ceased to be the beneficial
	    owner of more than five percent of the class of securities, check
	    the following [X].

Item 6.     Ownership of More Than Five Percent on Behalf of Another Person.

	    Bernard Selz is the beneficial owner of the shares stated in response
	    to Item 4(c)(i) and Item 4(c)(iii) with sole dispositive and voting
	    power over the shares.  With regard to the shares stated in response
	    to Item 4(c)(ii) and Item 4(c)(iv), Mr. Selz either shares dispositive
	    and voting power with related individuals who have granted him
	    authorization to act on their behalf.  95,600 of the shares stated in
	    response to Item 4(c)(ii) and Item 4(c)(iv) are held in discretionary
	    advisory accounts of clients at Ingalls and Snyder, LLC, a registered
	    investment adviser where Mr. Selz is employed.  Mr. Selz is the
	    investment advisor representative assigned to direct the investments
	    for the advisory accounts.

Item 7.     Identification and Classification of the Subsidiary which Acquired
            the Security Being Reported on By the Parent Holding Company.

		INAPPLICABLE

Item 8.     Identification and Classification of Members of the Group.

		INAPPLICABLE

Item 9.     Notice of Dissolution of Group.

		INAPPLICABLE

Item 10.    Certification.

            By  signing  below I certify  that,  to the  best  of  my knowledge
	    and belief, the securities referred to above were acquired and are
	    held in the ordinary  course of business  and were not  acquired
	    and are not held for the purpose of or with the effect of changing
	    or influencing the control of the issuer of the securities  and
	    were not acquired and are not held in connection with or as a
	    participant in any  transaction  having that purpose or effect.

                                  Signature.

            After reasonable inquiry and to the best of my knowledge and
            belief, I certify  that the  information  set  forth in this
            statement is true, complete and correct.

Date: 12/31/2022

BY: /s/ BERNARD SELZ
----------------------------------
                      (Signature)*

BERNARD SELZ

```