Trilogy Metals Strengthens Strategic Advisory and Leadership Capabilities Following US Federal Investment to Advance Alaska Projects
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News Release
Trilogy Metals Strengthens Strategic Advisory and Leadership
Capabilities Following US Federal Investment to Advance Alaska
Projects
January 20, 2026 – Vancouver, British Columbia – Trilogy Metals Inc. (NYSE American / TSX: TMQ)
(“Trilogy Metals” , “Trilogy” or the “Company”) is pleased to announce the expansion of its advisory
and leadership team s following its October 6, 2025 , announcement of an investment by the US
federal government to advance exploration and development of the Upper Kobuk Mineral Projects
(“UKMP”) in northwestern Alaska. The UKMP are held by Ambler Metals – the Company’s 50/50 joint
venture with South32 Limited (“South32”).
With mine permitting and project activity expected to accelerate at Ambler Metals, Trilogy is
augmenting its management team to strengthen oversight of the joint venture. This move coincides
with South32’s increased commitment of personnel to the joint venture , underscoring the
importance of rapidly advancing the UKMP . Further to Trilogy’s December 17, 2025 , news release
announcing the 2026 program and budget for Ambler Metals , Ambler Metals has also begun
recruiting key management roles to drive project execution.
Tony Giardini, President and CEO of Trilogy Metals, commented: “We are pleased to welcome Egizio
Bianchini as Strategic Advisor. His distinguished career – including leadership roles at investment
banks Stifel GMP and BMO Capital Markets, his tenure as Executive Vice Chairman of Ivanhoe Mines,
and decades of experience advising and financing mining companies globally – brings an exceptional
breadth of insight and perspective to Trilogy. His long-standing relationships across the global mining
industry, deep industry knowledge, a nd proven ability to guide companies through transformative
transactions will be an important asset to us.
“Additionally, the management appointments of Olav Langelaar, Matthew Keevil, and Kimberly Lim
mark a strategic step forward for our company. Their combined expertise across capital markets,
mining operations, investor relations , and corporate communications will be instrumental as we
advance our corporate development pipeline, deepen engagement with stakeholders, and deliver
long-term value for our shareholders and communities.
“I look forward to working closely with our expanded team as we progress towards closing the US
government’s investment in Trilogy and advancing the U KMP as a key domestic source of critical
minerals.”
NYSE American / TSX
Symbol: TMQ
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More information on t he Trilogy management team is available on the Company’s website at
trilogymetals.com, which will soon feature a refreshed design and provide enhanced access to
corporate updates and investor information.
Egizio Bianchini has been engaged as Strategic Advisor. He most recently served as Vice
Chairman, Managing Director, and Head of Mining Investment Banking at Stifel GMP , where he led
the firm’s mining investment banking business. Mr. Bianchini was previously Executive Vice
Chairman of Ivanhoe Mines and spent 29 years at BMO Capital Markets, a member of Canada-based
BMO Financial Group, including serving as Vice Chairman and Co -Head of the Global Metals &
Mining Group from 2011 to 2018. With more than 40 years of experience in metals and mining
financial services, Mr. Bianchini has a proven track record advising mining companies globally and
leading the structuring and execution of initial public offerings and other capital-raising transactions.
He holds a Master of Business Administration from the University of British Columbia and a Bachelor
of Science in Geology from the University of Toronto.
Olav Langelaar has been appointed Vice President, Corporate Development. He has more than
30 years of experience in Canadian capital markets and international mining, spanning investment
banking, corporate development, and operations. He spent 20 years as an investment banker with
Dundee Goodman Merchant Partners, Primary Capital, and Dundee Securities. This capital markets
experience is complemented by 14 years in senior management roles with Ospraie Gold, Amerigo
Resources, and Placer Dome, as well as earlier operational experience as an engineer with Cameco,
Cominco (now Teck), and Agrium (now Nutrien). Prior to joining Trilogy, he served as Vice President,
Corporate Development at Gladiator Metals.
Mr. Langelaar holds a Bachelor of Science (Honours) in Mechanical Engineering from the University
of Waterloo and a Master of Business Administration from the Ivey School of Business at the
University of Western Ontario. He is a member of Engineers and Geoscientists of British Columbia,
and serves as Managing Director of MINCAP Merchant Partners.
Matthew Keevil has been appointed Vice President, Investor Relations and Business
Development. He brings more than 20 years of experience in capital markets, investor relations, and
corporate affairs across both public and private companies in the global mining sector. Prior to
joining Trilogy, Mr. Keevil served as Director of Investor Relations and Corporate Communications at
Ivanhoe Mines from 2020 to 2026. In this role, he worked closely with senior leadership to shape
strategic messaging, oversee regulatory disclosures, and lead investor engagement during a period
of exceptional corporate expansion and project advancement.
Mr. Keevil’s earlier career includes leadership and analytical roles with ATAC Resources, Teck
Resources, and Cross Lake Minerals, where he contributed to financial analysis, investor
engagement, and corporate development initiatives.
He holds a Bachelor of Arts (Honours) in Economics and Political Studies from Queen’s University
and a Master of Arts in Strategic Communication from Royal Roads University.
Kimberly Lim has been appointed Director, Corporate Communications. She is a
communications and investor relations professional with more than 15 years of experienc e
supporting and advising natural resources, technology, and ag -tech companies. Prior to joining
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Trilogy, she served as a communications consultant providing expertise in capital markets
communications, corporate positioning, crisis management, stakeholder engagement, and
integrated messaging across investors, media, employees, and communities.
Ms. Lim previously held senior in -house roles, including Vice President of Investor Relations and
Corporate Communications at CubicFarm Systems, as well as senior communications leadership
positions across the Ivanhoe group, supporting global mining and advanced technology businesses.
Ms. Lim holds a Bachelor of Arts in Psychology and Economics from the University of British
Columbia.
About Trilogy Metals
Trilogy Metals Inc. is a metal exploration and development company that holds a 50 percent interest
in Ambler Metals LLC, which has a 100 percent interest in the UKMP in northwestern Alaska. On
December 19, 2019, South32, a globally diversified mining and metals company, exercised its option
to form a 50/50 joint venture with Trilogy. The UKMP is located within the Ambler Mining District ,
which is one of the richest and most -prospective known copper-dominant districts in the world. It
hosts world -class polymetallic volcanogenic massive sulphide (“ VMS”) deposits that contain
copper, zinc, lead, gold, and silver, and carbonate replacement deposits, which have been found to
host high -grade copper and cobalt mineralization. Exploration efforts have been focused on two
deposits in the Ambler Mining District – the Arctic VMS deposit and the Bornite carbonate
replacement deposit. Both deposits are located within a land package that spans approximately
190,929 hectares. Ambler Metals has an agreement with NANA Regional Corporation, Inc., an Alaska
Native Corporation that provides a framework for the exploration and potential development of the
Ambler Mining District in cooperation with local communities. Trilogy’s vision is to develop the
Ambler Mining District into a premier North American copper producer while p rotecting and
respecting subsistence livelihoods.
Company Contacts
Matthew Keevil
Vice President, Investor Relations and Business Development
Phone: 604-638-8088
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Cautionary Note Regarding Forward-Looking Statements
This news release includes certain “forward-looking information” and “forward-looking statements”
(collectively “forward-looking statements”) within the meaning of applicable Canadian and United
States securities legislation, including the United States Private Securities Litigation Reform Act of
1995. All statements, other than statements of historical fact, included herein, including, without
limitation, statements regarding the anticipated benefits of recent management appointments;
closing of the transaction with the US federal government and the timing thereof; the anticipated
timing of permitting and planned act ivities at the UKMP ; perceived merit of properties ; South32’s
increased commitment of personnel ; and the Company’s expectations regarding corporate
developments, shareholder engagement and the ability to deliver long-term value for its shareholders
and communities are forward-looking statements. Forward-looking statements are frequently, but
not always, identified by words such as “expects” , “anticipates” , “believes” , “intends” , “estimates” ,
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“potential” , “possible” , and similar expressions, or statements that events, conditions, or results
“will” , “may” , “could” , or “should” occur or be achieved. Forward-looking statements involve various
risks and uncertainties. There can be no assurance that such statements will prove to be accurate,
and actual results and future events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to differ materially from the Company’s
expectations inclu de the uncertainties involving the outcome of pending litigation, success of
exploration activities, permitting timelines, requirements for additional capital, government
regulation of mining operations, environmental risks, prices for energy inputs, labou r, materials,
supplies and services, uncertainties involved in the interpretation of drilling results and geological
tests, unexpected cost increases and other risks and uncertainties disclosed in the Company’s
Annual Report on Form 10 -K for the year ended November 30, 2024 filed with Canadian securities
regulatory authorities and with the United States Securities and Exchange Commission and in other
Company reports and documents filed with applicable securities regulatory authorities from time to
time. The Company’s forward-looking statements reflect the beliefs, opinions, and projections on the
date the statements are made. The Company assumes no obligation to update the forward -looking
statements or beliefs, opinions, projections, or other factors, should they change, except as required
by law.