U.S. Government becomes approximately 10% Trilogy Metals shareholder in $35.6 million investment
AI Summary- U.S. Department of War completed a strategic equity investment involving Trilogy Metals and South32.
- US$35.6 million will fund Upper Kobuk Mineral Projects exploration and development in northwestern Alaska.
- South32’s Trilogy ownership fell from approximately 10.7% to approximately 6.0% after closing.