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BRIEF-Trilogy Metals Posts Q3 Loss Per Share Of $0.09

Published 2019-10-09, 06:41 a/m
BRIEF-Trilogy Metals Posts Q3 Loss Per Share Of $0.09
TMQ
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Oct 9 (Reuters) - Trilogy Metals Inc TMQ.TO :

* TRILOGY METALS INC QUARTERLY LOSS PER SHARE $0.09

* TRILOGY METALS INC - AT AUGUST 31, 2019, CO HAD $26.9 MILLION IN CASH & CASH EQUIVALENTS & WORKING CAPITAL OF $23.2 MILLION

* TRILOGY METALS INC SAYS CONTINUES TO FUND ITS CASH EXPENDITURES THROUGH ITS WORKING CAPITAL

* TRILOGY METALS - COMPANY NOT CURRENTLY IN PRODUCTION, WILL NEED TO RAISE ADDITIONAL FUNDS TO SUPPORT OPERATIONS AND ADMINISTRATION EXPENSES IN FUTURE

* TRILOGY METALS - CONTINUED OPERATIONS OF COMPANY ARE DEPENDENT ON ITS ABILITY TO OBTAIN ADDITIONAL FINANCING OR TO GENERATE FUTURE CASH FLOWS

* TRILOGY METALS INC - WORK IS BEING DONE TO PREPARE ARCTIC PROJECT FOR PERMITTING, WHICH CO EXPECTS TO COMMENCE IN 2020

* TRILOGY METALS INC - ANTICIPATES ANNOUNCING FURTHER DRILL RESULTS FROM 2019 BORNITE DRILL PROGRAM DURING Q4 OF 2019

* TRILOGY METALS INC - CONTINUES TO FUND ITS CASH EXPENDITURES THROUGH ITS WORKING CAPITAL

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