| Trilogy Metals Inc. |
| Q4-CY2025 | Q3-CY2025 | Q2-CY2025 | Q1-CY2025 | Q4-CY2024 | Q3-CY2024 | Q2-CY2024 | Q1-CY2024 | Q4-CY2023 | Q3-CY2023 | Q2-CY2023 | Q1-CY2023 | Q4-CY2022 | Q3-CY2022 | Q2-CY2022 | Q1-CY2022 | Q4-CY2021 | Q3-CY2021 | Q2-CY2021 | Q1-CY2021 | Q4-CY2020 | Q3-CY2020 | Q2-CY2020 | Q1-CY2020 | Q4-CY2019 | Q3-CY2019 | Q2-CY2019 | Q1-CY2019 | Q4-CY2018 | Q3-CY2018 | Q2-CY2018 | Q1-CY2018 | Q4-CY2017 | Q3-CY2017 | Q2-CY2017 | Q1-CY2017 | Q4-CY2016 | Q3-CY2016 | Q2-CY2016 | Q1-CY2016 | Q4-CY2015 | Q3-CY2015 | Q2-CY2015 | Q1-CY2015 | Q4-CY2014 | Q3-CY2014 | Q2-CY2014 | Q1-CY2014 | Q4-CY2013 |
| Balance Sheet Date | | 2025-Aug-31 | 2025-May-31 | 2025-Feb-28 | 2024-Nov-30 | 2024-Aug-31 | 2024-May-31 | 2024-Feb-29 | 2023-Nov-30 | 2023-Aug-31 | 2023-May-31 | 2023-Feb-28 | 2022-Nov-30 | 2022-Aug-31 | 2022-May-31 | 2022-Feb-28 | 2021-Nov-30 | 2021-Aug-31 | 2021-May-31 | 2021-Feb-28 | 2020-Nov-30 | 2020-Aug-31 | 2020-May-31 | 2020-Feb-29 | 2019-Nov-30 | 2019-Aug-31 | 2019-May-31 | 2019-Feb-28 | 2018-Nov-30 | 2018-Aug-31 | 2018-May-31 | 2018-Feb-28 | 2017-Nov-30 | 2017-Aug-31 | 2017-May-31 | 2017-Feb-28 | 2016-Nov-30 | 2016-Aug-31 | 2016-May-31 | 2016-Feb-29 | 2015-Nov-30 | 2015-Aug-31 | 2015-May-31 | 2015-Feb-28 | 2014-Nov-30 | 2014-Aug-31 | 2014-May-31 | 2014-Feb-28 | 2013-Nov-30 |
| Fiscal Period | | Q3-FY2025 | Q2-FY2025 | Q1-FY2025 | Q4-FY2024 | Q3-FY2024 | Q2-FY2024 | Q1-FY2024 | Q4-FY2023 | Q3-FY2023 | Q2-FY2023 | Q1-FY2023 | Q4-FY2022 | Q3-FY2022 | Q2-FY2022 | Q1-FY2022 | Q4-FY2021 | Q3-FY2021 | Q2-FY2021 | Q1-FY2021 | Q4-FY2020 | Q3-FY2020 | Q2-FY2020 | Q1-FY2020 | Q4-FY2019 | Q3-FY2019 | Q2-FY2019 | Q1-FY2019 | Q4-FY2018 | Q3-FY2018 | Q2-FY2018 | Q1-FY2018 | Q4-FY2017 | Q3-FY2017 | Q2-FY2017 | Q1-FY2017 | Q4-FY2016 | Q3-FY2016 | Q2-FY2016 | Q1-FY2016 | Q4-FY2015 | Q3-FY2015 | Q2-FY2015 | Q1-FY2015 | Q4-FY2014 | Q3-FY2014 | Q2-FY2014 | Q1-FY2014 | Q4-FY2013 |
| Operating Cash Flow | | (1,265,000$) | (677,000$) | (748,000$) | 26,000$ | (785,000$) | (490,000$) | (579,000$) | (459,000$) | (1,117,000$) | (632,000$) | (885,000$) | (568,000$) | (500,000$) | (1,387,000$) | (1,480,000$) | (834,000$) | (1,498,000$) | | (1,493,000$) | (1,840,000$) | 405,000$ | (2,875,000$) | (3,941,000$) | (7,737,000$) | (8,378,000$) | (4,146,000$) | (3,231,000$) | (7,478,000$) | (8,026,000$) | (2,235,000$) | (4,331,000$) | (6,344,000$) | (5,481,000$) | (2,144,000$) | (1,442,000$) | (1,976,000$) | (3,582,000$) | (1,675,000$) | (1,430,000$) | (2,337,000$) | (3,773,000$) | (1,256,000$) | (1,086,000$) | (1,908,000$) | (2,315,000$) | (2,281,000$) | (2,136,000$) | (2,976,000$) |
| Investing Cash Flow | | | | | 0$ | 12,500,000$ | | | | | | | 0$ | | | | 0$ | | | | | | | 0$ | (151,000$) | (494,000$) | 0$ | 10,200,000$ | 0$ | 1,023,000$ | 641,000$ | 11,061,000$ | 1,573,000$ | 1,106,000$ | 10,226,000$ | 639,000$ | 43,000$ | (116,000$) | (3,000$) | (2,000$) | (31,000$) | 19,406,000$ | 0$ | 0$ | (17,000$) | 0$ | 0$ | (1,000$) | 0$ |
| Financing Cash Flow | | 22,000$ | 71,000$ | 131,000$ | | | | | 0$ | 0$ | | | 0$ | 0$ | 36,000$ | 18,000$ | 307,000$ | 3,000$ | | | | | | | 208,000$ | 9,913,000$ | | | 0$ | 14,000$ | 26,931,000$ | 0$ | 0$ | 0$ | 0$ | (90,000$) | (29,000$) | 0$ | 29,000$ | (29,000$) | 142,000$ | 0$ | 0$ | 0$ | 0$ | 7,231,000$ | 0$ | 17,000$ | 20,000$ |
| End Cash Position | | 23,372,000$ | 24,616,000$ | 25,213,000$ | 25,834,000$ | 25,738,000$ | 14,022,000$ | 2,012,000$ | 2,590,000$ | 3,049,000$ | 4,166,000$ | 1,682,000$ | 2,573,000$ | 3,133,000$ | 3,497,000$ | 4,847,000$ | 6,308,000$ | 6,831,000$ | 8,449,000$ | 9,631,000$ | 11,125,000$ | 12,780,000$ | 12,343,000$ | 15,217,000$ | 19,174,000$ | 26,852,000$ | 25,806,000$ | 29,955,000$ | 22,991,000$ | 30,468,000$ | 37,469,000$ | 12,146,000$ | 5,391,000$ | 10,205,000$ | 14,529,000$ | 6,447,000$ | 7,340,000$ | 9,227,000$ | 12,907,000$ | 14,654,000$ | 16,064,000$ | 18,143,000$ | 2,732,000$ | 3,988,000$ | 5,074,000$ | 6,999,000$ | 2,083,000$ | 4,364,000$ | 6,484,000$ |
| Exchange Rate Effect | | (1,000$) | 9,000$ | (4,000$) | (4,000$) | 1,000$ | 0$ | 1,000$ | 0$ | 0$ | 1,000$ | (6,000$) | 8,000$ | (6,000$) | 1,000$ | 1,000$ | 4,000$ | (4,000$) | | (1,000$) | (32,000$) | 32,000$ | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Dividends Paid | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |