# EDGAR Filing Document

**Accession Number:** 0001645507
**File Stem:** 0000912282-25-001065
**Filing Date:** 2025-10
**Character Count:** 8630
**Document Hash:** 16cebd60c6c0a62cfeba0a60886e18ec
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000912282-25-001065.hdr.sgml**: 20251010

**ACCESSION NUMBER**: 0000912282-25-001065

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251008

**FILED AS OF DATE**: 20251010

**DATE AS OF CHANGE**: 20251010

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Hayden William Beckwith
- **CENTRAL INDEX KEY:** 0001645507

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-35447
- **FILM NUMBER:** 251388960

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** C/O TRILOGY METALS INC.
- **STREET 2:** 510 BURRARD STREET, SUITE 901
- **CITY:** VANCOUVER
- **PROVINCE COUNTRY:** A1
- **ZIP:** V6C 3A8
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Trilogy Metals Inc.
- **CENTRAL INDEX KEY:** 0001543418
- **STANDARD INDUSTRIAL CLASSIFICATION:** GOLD & SILVER ORES [1040]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 1130

**BUSINESS ADDRESS:**
- **STREET 1:** 510 BURRARD STREET, SUITE 901
- **CITY:** VANCOUVER
- **STATE:** A1
- **ZIP:** V6C 3B8
- **BUSINESS PHONE:** (604) 638-8088

**MAIL ADDRESS:**
- **STREET 1:** 510 BURRARD STREET, SUITE 901
- **CITY:** VANCOUVER
- **STATE:** A1
- **ZIP:** V6C 3B8

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

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

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Hayden William Beckwith<br><sub>(Last) (First) (Middle)</sub><br>C/O TRILOGY METALS INC.<br>SUITE 901, 510 BURRARD STREET<br><sub>(Street)</sub><br>VANCOUVER, A1 V6C 3A8<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-10-08 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Trilogy Metals Inc. [ TMQ ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Shares | 2025-10-08 |  | M |  | 100000 | A | 1.81<sup>(1)</sup> | 422159 | D |  |
| Common Shares | 2025-10-08 |  | M |  | 50000 | A | 1.58<sup>(2)</sup> | 472159 | D |  |
| Common Shares | 2025-10-08 |  | M |  | 50000 | A | 0.56<sup>(3)</sup> | 522159 | D |  |
| Common Shares | 2025-10-08 |  | M |  | 50000 | A | 0.42<sup>(4)</sup> | 572159 | D |  |
| Common Shares | 2025-10-08 |  | M |  | 75000 | A | 1.09<sup>(5)</sup> | 647159 | D |  |
| Common Shares | 2025-10-08 |  | S |  | 64294 | D | 7.06<sup>(6)</sup> | 582865 | D |  |
| Common Shares | 2025-10-09 |  | S |  | 200000 | D | 6.61<sup>(7)</sup> | 382685 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Common Shares | 1.81<sup>(1)</sup> | 2025-10-08 |  | M |  |  | 100000 | 2020-12-10 | 2025-12-09 | Common Shares | 100000 | $0 | 0 | D |  |
| Common Shares | 1.58<sup>(2)</sup> | 2025-10-08 |  | M |  |  | 50000 | 2021-12-09 | 2026-12-08 | Common Shares | 50000 | $0 | 0 | D |  |
| Common Shares | 0.56<sup>(3)</sup> | 2025-10-08 |  | M |  |  | 50000 | 2022-12-08 | 2027-12-07 | Common Shares | 50000 | $0 | 0 | D |  |
| Common Shares | 0.42<sup>(4)</sup> | 2025-10-08 |  | M |  |  | 50000 | 2023-12-07 | 2028-12-06 | Common Shares | 50000 | $0 | 0 | D |  |
| Common Shares | 1.09<sup>(5)</sup> | 2025-10-08 |  | M |  |  | 75000 | 2024-12-09 | 2029-12-09 | Common Shares | 75000 | $0 | 0 | D |  |

---

### Footnotes:

(1) Converted from Canadian exercise price of C$2.52 using an exchange rate of C$1.3952 = US$1.00.

(2) Converted from Canadian exercise price of C$2.21 using an exchange rate of C$1.3952 = US$1.00.

(3) Converted from Canadian exercise price of C$0.78 using an exchange rate of C$1.3952 = US$1.00.

(4) Converted from Canadian exercise price of C$0.59 using an exchange rate of C$1.3952 = US$1.00.

(5) Converted from Canadian exercise price of C$1.52 using an exchange rate of C$1.3952 = US$1.00.

(6) Average weighted price of C$9.85769 converted to U.S. dollars using an exchange rate of C$1.3952 = US$1.00.  The sale price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from C$9.70 to C$10.04, inclusive. The reporting person undertakes to provide to Trilogy Metals Inc.,, any security holder of Trilogy Metals Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

(7) Average weighted price of C$9.2554 converted to U.S. dollars using an exchange rate of C$1.4000 = US$1.00.  The sale price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from C$9.102 to C$9.38, inclusive. The reporting person undertakes to provide to Trilogy Metals Inc.,, any security holder of Trilogy Metals Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

**Signature:** /s/ Elaine Sanders as attorney-in-fact for William Beckwith Hayden  
**Date:** 2025-10-10

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**