Trilogy Mets

Q2 FY2026 EarningsQ2 FY26 comprehensive loss expanded to $6.3M, up 191% YoY, primarily due to a $2.3M non-cash mark-to-market loss on derivative liabilities and a $1.6M increase in share of loss from the Ambler Metals JV. Cash position remains solid at $38.8M with adjusted working capital of $38.3M, sufficient for the next 12 months. Key catalysts include the Arctic Project's entry into the FAST-41 permitting program and the extension of the $17.8M U.S. Department of War strategic investment deadline to July 31, 2026.