Browsing Tag
Ambler Access Project
3 posts
U.S. government finalizes $35.6m Trilogy Metals investment with 17.5% potential economic position
Trilogy Metals has signed definitive agreements for a $35.6 million U.S. government investment that provides a 10% direct stake plus warrant exposure potentially lifting the government’s economic position to 17.5%, while funding advances Alaska’s Upper Kobuk Mineral Projects.
Trilogy Metals (TMQ) signs $35.6m Pentagon investment deal as penny warrants loom
Trilogy Metals has executed definitive agreements for a US$35.6 million strategic investment by the United States Department of War into the company and its Alaska-focused development partnership with South32. The structure gives Washington an initial 10% Trilogy stake plus deeply in-the-money future rights linked to the Ambler Road or a change of control.
What Valhalla Metals Inc.’s Smucker deal with Teck Resources Limited means for critical minerals development in Alaska
Find out how Valhalla Metals Inc.’s Teck-backed Smucker deal could reshape the Ambler mining district and the United States critical minerals story.