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0.0195921631347462 0.0215913634546182 0.00359856057576974 0.00359856057576974 0.00359856057576974 0.00359856057576974 0.00359856057576974 0.00359856057576974
Stock impact report

Trilogy Metals issues going concern warning while reporting Q1 loss [Seeking Alpha]

Trilogy Metals Inc. (TMQ) 
Company Research Source: Seeking Alpha
Trilogy Metals ( TMQ ) said as of February 29 it had cash and cash equivalents of $2M and working capital of $1.7M. The company said it continues cash preservation strategies including reducing marketing, investor conferences and office expenses, its board of directors agreed to take fees in deferred share units, and senior management is taking a portion of their base salaries in shares of the company to preserve cash. Trilogy ( TMQ ) said it will need to raise additional funds in the future to support expenses, but there is no assurance it will be able to obtain such financing or obtain it on favorable terms. Recommended For You More Trending News Recommended For You More Trending News Related Stocks Trending Analysis Trending News Show less Read more
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