Trilogy Metals Sets AGM and Proposes New Share Plan

Trilogy Metals (TSE:TMQ) has released an update.

Trilogy Metals Inc. has announced its 2024 Annual General Meeting for shareholders to be held on May 22, aiming to re-elect its current directors and seek approval for a new deferred share unit plan to enhance cash-saving measures. The proposed plan will allocate 1,200,000 common shares for grants to non-executive directors, offset by the termination of the Ambler Metals Equity Plan, a move supported by the company’s largest shareholder, Electrum Strategic Opportunities Fund L.P. Shareholders on record as of March 27 are invited to vote, with detailed information available in the recently filed Management Information Circular.

For further insights into TSE:TMQ stock, check out TipRanks’ Stock Analysis page.