Page 1

Table of contents ☑ OF 1934 ㅁ OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT For the Quarterly Period Ended August 31 , 2021 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT For the Transition Period from Commission File Number : 1-35447 to British Columbia TRILOGY metals inc TRILOGY METALS INC . ( Exact Name of Registrant as Specified in Its Charter ) Incorporation or Organization ) ( State or Other Jurisdiction of Suite 1150 , 609 Granville Street Vancouver , British Columbia Canada ( Address of Principal Executive Offices ) 98-1006991 ( I.R.S. Employer Identification No. ) V7Y 1G5 ( Zip Code ) ( 604 ) 638-8088 Title of each class Common Shares ( Registrant's Telephone Number , Including Area Code ) Securities registered pursuant to Section 12 ( b ) of the Act : Trading Symbol ( s ) TMQ Name of each exchange on which registered NYSE American Toronto Stock Exchange Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes > No □ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( § 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes No □ Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Large accelerated filer ☐ Accelerated filer ☐ Non - accelerated filer Smaller reporting company " 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 . Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes No As of October 5 , 2021 , the registrant had 144,451,485 Common Shares , no par value , outstanding .