Electrum Group LLC → Trilogy Metals Inc. TMQ

Stake: 18.50% Shares: 31,604,741 CUSIP: 89621C105 Class: Common Shares

Item 4 — Purpose of Transaction

Item 4 is hereby amended and supplemented as follows: On December 26, 2025, the previously disclosed 833,333 Common Shares held by GRAT Holdings and 10,000 Common Shares held by Tigris Financial Group Ltd. were transferred to accounts for the benefit of Kaplan or his spouse, and those shares together with the previously disclosed 113,739 Common Shares held directly by Kaplan were donated to a charitable foundation for no consideration.

Cross-References

Insider Activity (last 365d)

0 transactions

0 buys · 0 sales · 0 awards/exercises

Issuer Cluster

3 13D/G filings on this issuer

2 other filings besides this one

Filer Track Record

3 filings by this filer

2 other filings in the data moat

Short Interest · settle 2026-03-31

DTC 3.74

9,208,893 shares short · +5.4% vs prior

Institutional Consensus · 2025-12-31

Held by elite portfolio managers

1 holder · $612K

Point72 Asset Mgmt

Other 13D/G Filings on Trilogy Metals Inc.

Filed	Form	Filer	Stake	Shares
2023-04-26	SC	Electrum Group LLC	—	—	view →
2018-04-24	SC	Electrum Group LLC	—	—	view →

Other Filings by Electrum Group LLC

Filed	Form	Issuer	Stake	Shares
2023-04-26	SC	Trilogy Metals Inc. TMQ	—	—	view →
2018-04-24	SC	Trilogy Metals Inc. TMQ	—	—	view →

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