organization · Reporting owner

GRAT Holdings LLC

Disclosed activity across 3 companies

Tapewire entity: 40599
SEC CIK: 0001565707

Reported relationships

Latest disclosed role at each company.

Company	Last reported as	Report date	Published
NOVAGOLD RESOURCES INCNG · Entity 1348	10% owner	May 09, 2025	May 09, 2025
Sunshine Silver Mining & Refining CoSSMR · Entity 4369	10% owner	June 05, 2026	June 08, 2026
Trilogy Metals Inc.TMQ · Entity 5362	10% owner	December 26, 2025	December 29, 2025

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

NOVAGOLD RESOURCES INC

Report date May 09, 2025 · Filed May 09, 2025

Jointly reported with Electrum Strategic Resources L.P., Electrum Group LLC, ELECTRUM GLOBAL HOLDINGS L.P., TEG Global GP Ltd., Leopard Holdings LLC, KAPLAN THOMAS SCOTT

Security / award	Ownership account	Disclosed shares / units	Disclosure context
Common SharesSEC Table I · non-derivative	Direct	92,902,813	Reported balance After 2025-05-09 transaction · row 1 Holding and transaction disclosures are not merged. 1 source row Row 1 · 2025-05-09 · Purchase · Acquired 13,333,334 · Balance 92,902,813 F1: Represents Common Shares of the Issuer owned directly by Electrum Strategic Resources L.P. ("Electrum Strategic"). Electrum Global Holdings LP. ("Global Holdings") is the owner of all of the limited partnership interests of Electrum Strategic. TEG Global GP Ltd. ("Global GP") is the sole general partner of, and The Electrum Group LLC ("TEG Services") is the investment adviser to, Global Holdings. TEG Services possesses voting and investment discretion with respect to assets of Global Holdings. Leopard Holdings LLC ("Leopard") controls Global Holdings through Global GP, and GRAT Holdings LLC is the owner and managing member of Leopard. GRAT Holdings LLC is owned by trusts for the benefit of the family of Thomas Scott Kaplan. F2: For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each reporting person disclaims beneficial ownership of these securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
Common SharesSEC Table I · non-derivative	Direct	5,286,977	Reported balance Holding disclosure · report date 2025-05-09 · row 2 Holding and transaction disclosures are not merged. 1 source row Row 2 · Balance 5,286,977 F2: For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each reporting person disclaims beneficial ownership of these securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. F3: Represents Common Shares of the Issuer owned directly by GRAT Holdings LLC. GRAT Holdings LLC is owned by trusts for the benefit of the family of Thomas Scott Kaplan.
Common SharesSEC Table I · non-derivative	Direct	11,710	Reported balance Holding disclosure · report date 2025-05-09 · row 3 Holding and transaction disclosures are not merged. 1 source row Row 3 · Balance 11,710 F2: For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each reporting person disclaims beneficial ownership of these securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. F4: Represents Common Shares of the Issuer owned directly by Thomas Scott Kaplan.

Filing footnotes · ownership attribution and instrument terms

F1: Represents Common Shares of the Issuer owned directly by Electrum Strategic Resources L.P. ("Electrum Strategic"). Electrum Global Holdings LP. ("Global Holdings") is the owner of all of the limited partnership interests of Electrum Strategic. TEG Global GP Ltd. ("Global GP") is the sole general partner of, and The Electrum Group LLC ("TEG Services") is the investment adviser to, Global Holdings. TEG Services possesses voting and investment discretion with respect to assets of Global Holdings. Leopard Holdings LLC ("Leopard") controls Global Holdings through Global GP, and GRAT Holdings LLC is the owner and managing member of Leopard. GRAT Holdings LLC is owned by trusts for the benefit of the family of Thomas Scott Kaplan.

F2: For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each reporting person disclaims beneficial ownership of these securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

F3: Represents Common Shares of the Issuer owned directly by GRAT Holdings LLC. GRAT Holdings LLC is owned by trusts for the benefit of the family of Thomas Scott Kaplan.

F4: Represents Common Shares of the Issuer owned directly by Thomas Scott Kaplan.

Sunshine Silver Mining & Refining Co

Report date June 05, 2026 · Filed June 08, 2026

Jointly reported with Tigris Financial Group Ltd., Manul Capital Management LLC

Security / award	Ownership account	Disclosed shares / units	Disclosure context
Common StockSEC Table I · non-derivative	Direct	8,929	Reported balance After 2026-06-05 transaction · row 1 Joint disclosure: continuity of the reported position is unresolved; see ownership footnotes. 1 source row Row 1 · 2026-06-05 · Grant · Acquired 8,929 · Balance 8,929 F1: Represents restricted stock units ("RSUs") granted to Thomas S. Kaplan. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in full on the earlier of (i) the first anniversary of the grant date or (ii) the day immediately proceeding the date of the Issuer's 2027 Annual Meeting of Stockholders, subject to Mr. Kaplan's continued service as a member of the Issuer's Board of Directors through such date.
Common StockSEC Table I · non-derivative	IndirectBy Electrum Silver US LLC	78,095,918	Last balance in matching sequence After 2026-06-05 transaction · row 3 Source-order balances reconcile. Account continuity and personal attribution are not independently verified. 2 source rows Row 2 · 2026-06-05 · Exercise / conversion · Acquired 2,739,640 · Balance 78,677,940 F2: This transaction relates to the net exercise of warrants to purchase 2,739,640 shares of the Issuer's common stock immediately prior to the completion of the initial public offering of the Issuer's common stock, in accordance with the terms of the warrants. F3: These securities are owned directly by Electrum Silver US LLC ("ESUS"). Electrum Strategic Management LLC ("ESM") is the manager of ESUS. ESM is wholly owned by Electrum Global Holdings L.P. ("Global Holdco"), and TEG Global GP Ltd. ("TEG Global") is the general partner of Global Holdco. The Electrum Group LLC ("TEG") acts as an investment advisor to Global Holdco. Thomas S. Kaplan, Chairman of the Issuer's Board of Directors, is also Chairman, Chief Executive Officer and Chief Investment Officer of TEG. Each of these reporting persons (other than Mr. Kaplan who is a director of the Issuer) may be deemed to be a director by deputization of the Issuer. Row 3 · 2026-06-05 · Tax withholding · Disposed 582,022 · Balance 78,095,918 F2: This transaction relates to the net exercise of warrants to purchase 2,739,640 shares of the Issuer's common stock immediately prior to the completion of the initial public offering of the Issuer's common stock, in accordance with the terms of the warrants. F3: These securities are owned directly by Electrum Silver US LLC ("ESUS"). Electrum Strategic Management LLC ("ESM") is the manager of ESUS. ESM is wholly owned by Electrum Global Holdings L.P. ("Global Holdco"), and TEG Global GP Ltd. ("TEG Global") is the general partner of Global Holdco. The Electrum Group LLC ("TEG") acts as an investment advisor to Global Holdco. Thomas S. Kaplan, Chairman of the Issuer's Board of Directors, is also Chairman, Chief Executive Officer and Chief Investment Officer of TEG. Each of these reporting persons (other than Mr. Kaplan who is a director of the Issuer) may be deemed to be a director by deputization of the Issuer.
Warrant (right to buy)SEC Table II · derivative / convertible security · Conversion / exercise price $2.87 · Expires 2027-09-02	IndirectBy Electrum Silver US LLC	0	Reported balance After 2026-06-05 transaction · row 8 Instrument identity requires review; Table II rows are not merged. 1 source row Row 8 · 2026-06-05 · Exercise / conversion · Disposed 2,739,640 · Balance 0 F2: This transaction relates to the net exercise of warrants to purchase 2,739,640 shares of the Issuer's common stock immediately prior to the completion of the initial public offering of the Issuer's common stock, in accordance with the terms of the warrants. F3: These securities are owned directly by Electrum Silver US LLC ("ESUS"). Electrum Strategic Management LLC ("ESM") is the manager of ESUS. ESM is wholly owned by Electrum Global Holdings L.P. ("Global Holdco"), and TEG Global GP Ltd. ("TEG Global") is the general partner of Global Holdco. The Electrum Group LLC ("TEG") acts as an investment advisor to Global Holdco. Thomas S. Kaplan, Chairman of the Issuer's Board of Directors, is also Chairman, Chief Executive Officer and Chief Investment Officer of TEG. Each of these reporting persons (other than Mr. Kaplan who is a director of the Issuer) may be deemed to be a director by deputization of the Issuer.
Common StockSEC Table I · non-derivative	IndirectBy Electrum Silver US II LLC	7,365,270	Reported balance Holding disclosure · report date 2026-06-05 · row 4 Holding and transaction disclosures are not merged. 1 source row Row 4 · Balance 7,365,270 F4: These securities are owned directly by Electrum Silver US II LLC ("ESUS II"). Electrum Strategic Opportunities Fund II L.P. ("ESOF II") owns 99% of ESUS II, and ESM is the manager of ESUS II. ESM is wholly owned by Global Holdco, and TEG Global is the general partner of Global Holdco. The general partner of ESOF II is Electrum Strategic Opportunities Fund II GP L.P. ("ESOF II GP L.P."), and the general partner of ESOF II GP L.P. is ESOF II GP Ltd. ("ESOF II GP"). ESOF II GP is wholly owned by Global Holdco. TEG acts as an investment advisor to ESOF II. Thomas S. Kaplan, Chairman of the Issuer's Board of Directors, is also Chairman, Chief Executive Officer and Chief Investment Officer of TEG. Each of these reporting persons (other than Mr. Kaplan who is a director of the Issuer) may be deemed to be a director by deputization of the Issuer.
Common StockSEC Table I · non-derivative	IndirectBy Tigris Financial Group Ltd.	1,266,260	Reported balance Holding disclosure · report date 2026-06-05 · row 5 Holding and transaction disclosures are not merged. 1 source row Row 5 · Balance 1,266,260 F5: These securities are owned directly by Tigris Financial Group Ltd., which is wholly owned by Thomas S. Kaplan.
Common StockSEC Table I · non-derivative	IndirectBy Manul Capital Management LLC	60,010	Reported balance Holding disclosure · report date 2026-06-05 · row 6 Holding and transaction disclosures are not merged. 1 source row Row 6 · Balance 60,010 F6: These securities are owned directly by Manul Capital Management LLC. Thomas S. Kaplan serves as managing member of Manul Capital Management LLC.
Common StockSEC Table I · non-derivative	IndirectBy GRAT Holdings LLC	393,230	Reported balance Holding disclosure · report date 2026-06-05 · row 7 Holding and transaction disclosures are not merged. 1 source row Row 7 · Balance 393,230 F7: These securities are owned directly by GRAT Holdings LLC. Thomas S. Kaplan serves as managing member of GRAT Holdings LLC.

Filing footnotes · ownership attribution and instrument terms

F1: Represents restricted stock units ("RSUs") granted to Thomas S. Kaplan. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in full on the earlier of (i) the first anniversary of the grant date or (ii) the day immediately proceeding the date of the Issuer's 2027 Annual Meeting of Stockholders, subject to Mr. Kaplan's continued service as a member of the Issuer's Board of Directors through such date.

F2: This transaction relates to the net exercise of warrants to purchase 2,739,640 shares of the Issuer's common stock immediately prior to the completion of the initial public offering of the Issuer's common stock, in accordance with the terms of the warrants.

F3: These securities are owned directly by Electrum Silver US LLC ("ESUS"). Electrum Strategic Management LLC ("ESM") is the manager of ESUS. ESM is wholly owned by Electrum Global Holdings L.P. ("Global Holdco"), and TEG Global GP Ltd. ("TEG Global") is the general partner of Global Holdco. The Electrum Group LLC ("TEG") acts as an investment advisor to Global Holdco. Thomas S. Kaplan, Chairman of the Issuer's Board of Directors, is also Chairman, Chief Executive Officer and Chief Investment Officer of TEG. Each of these reporting persons (other than Mr. Kaplan who is a director of the Issuer) may be deemed to be a director by deputization of the Issuer.

F4: These securities are owned directly by Electrum Silver US II LLC ("ESUS II"). Electrum Strategic Opportunities Fund II L.P. ("ESOF II") owns 99% of ESUS II, and ESM is the manager of ESUS II. ESM is wholly owned by Global Holdco, and TEG Global is the general partner of Global Holdco. The general partner of ESOF II is Electrum Strategic Opportunities Fund II GP L.P. ("ESOF II GP L.P."), and the general partner of ESOF II GP L.P. is ESOF II GP Ltd. ("ESOF II GP"). ESOF II GP is wholly owned by Global Holdco. TEG acts as an investment advisor to ESOF II. Thomas S. Kaplan, Chairman of the Issuer's Board of Directors, is also Chairman, Chief Executive Officer and Chief Investment Officer of TEG. Each of these reporting persons (other than Mr. Kaplan who is a director of the Issuer) may be deemed to be a director by deputization of the Issuer.

F5: These securities are owned directly by Tigris Financial Group Ltd., which is wholly owned by Thomas S. Kaplan.

F6: These securities are owned directly by Manul Capital Management LLC. Thomas S. Kaplan serves as managing member of Manul Capital Management LLC.

F7: These securities are owned directly by GRAT Holdings LLC. Thomas S. Kaplan serves as managing member of GRAT Holdings LLC.

Trilogy Metals Inc.

Report date December 26, 2025 · Filed December 29, 2025

Jointly reported with KAPLAN THOMAS SCOTT, Electrum Strategic Opportunities Fund L.P., Electrum Group LLC, ESOF GP Ltd.

Security / award	Ownership account	Disclosed shares / units	Disclosure context
Common SharesSEC Table I · non-derivative	Direct	0	Reported balance After 2025-12-26 transaction · row 1 Joint disclosure: continuity of the reported position is unresolved; see ownership footnotes. 1 source row Row 1 · 2025-12-26 · Gift · Disposed 540,406 · Balance 0 F1: Reflects shares that were donated to a charitable foundation for no consideration. F2: Includes 10,000 shares previously held through Tigris Financial Group Ltd., of which Mr. Kaplan is the sole shareholder, and 416,667 shares previously held by GRAT Holdings LLC, which is owned by trusts for the benefit of family members of Mr. Kapan. The shares were transferred to an account for the benefit of Mr. Kaplan in transactions exempt from reporting pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended.
Common SharesSEC Table I · non-derivative	IndirectBy spouse	0	Reported balance After 2025-12-26 transaction · row 2 Joint disclosure: continuity of the reported position is unresolved; see ownership footnotes. 1 source row Row 2 · 2025-12-26 · Gift · Disposed 416,666 · Balance 0 F1: Reflects shares that were donated to a charitable foundation for no consideration. F3: Includes 416,666 shares previously held by GRAT Holdings LLC, which is owned by trusts for the benefit of family members of Mr. Kaplan. The shares were transferred to an account for the benefit of Mr. Kaplan's spouse in transactions exempt from reporting pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended. F4: Represents shares owned directly by Mr. Kaplan's spouse. For purposes of Section 16 of the Securities Exchange Act of 1934, each reporting person disclaims beneficial ownership of any such securities, except to the extent of his/its pecuniary interest therein, and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities for the purposes of Section 16 or otherwise.
Common SharesSEC Table I · non-derivative	IndirectBy Electrum Strategic Opportunities Fund L.P.	31,604,741	Reported balance Holding disclosure · report date 2025-12-26 · row 3 Holding and transaction disclosures are not merged. 1 source row Row 3 · Balance 31,604,741 F5: Electrum Strategic Opportunities Fund L.P. ("ESOF") is an investment fund, of which The Electrum Group LLC is the investment adviser. ESOF GP Ltd. is the general partner of the sole general partner of ESOF. F6: In accordance with 4(b)(iv) of the Form 4 instructions, the entire amount of the Issuer's securities held by ESOF is reported herein. For purposes of Section 16 of the Securities Exchange Act of 1934, each reporting person disclaims beneficial ownership of any such securities, except to the extent of his/its pecuniary interest therein, and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities for the purposes of Section 16 or otherwise.

Filing footnotes · ownership attribution and instrument terms

F1: Reflects shares that were donated to a charitable foundation for no consideration.

F2: Includes 10,000 shares previously held through Tigris Financial Group Ltd., of which Mr. Kaplan is the sole shareholder, and 416,667 shares previously held by GRAT Holdings LLC, which is owned by trusts for the benefit of family members of Mr. Kapan. The shares were transferred to an account for the benefit of Mr. Kaplan in transactions exempt from reporting pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended.

F3: Includes 416,666 shares previously held by GRAT Holdings LLC, which is owned by trusts for the benefit of family members of Mr. Kaplan. The shares were transferred to an account for the benefit of Mr. Kaplan's spouse in transactions exempt from reporting pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended.

F4: Represents shares owned directly by Mr. Kaplan's spouse. For purposes of Section 16 of the Securities Exchange Act of 1934, each reporting person disclaims beneficial ownership of any such securities, except to the extent of his/its pecuniary interest therein, and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities for the purposes of Section 16 or otherwise.

F5: Electrum Strategic Opportunities Fund L.P. ("ESOF") is an investment fund, of which The Electrum Group LLC is the investment adviser. ESOF GP Ltd. is the general partner of the sole general partner of ESOF.

F6: In accordance with 4(b)(iv) of the Form 4 instructions, the entire amount of the Issuer's securities held by ESOF is reported herein. For purposes of Section 16 of the Securities Exchange Act of 1934, each reporting person disclaims beneficial ownership of any such securities, except to the extent of his/its pecuniary interest therein, and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities for the purposes of Section 16 or otherwise.

Transaction history

JSON API

Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction date	Company	Activity / security	Shares / units	Reported price	Reported value	Details
June 05, 2026 Filed Jun 8, 2026 22:05 UTC	Sunshine Silver Mining & Refining Co SSMR · Entity 4369	Exercise / conversionWarrant (right to buy) · Derivative	2,739,640	$0.00 Strike: $2.87	$0.00	Disclosure SEC source: 0001193125-26-262217 · ownership.xml · derivative · entry 8 Tigris Financial Group Ltd. · CIK 0001831834 · 10% owner Manul Capital Management LLC · CIK 0001830978 · 10% owner GRAT Holdings LLC · CIK 0001565707 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By Electrum Silver US LLC Disclosed balance after: 0 Underlying: Common Stock · 2,739,640 shares Expires 2027-09-02 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F2 · kind: This transaction relates to the net exercise of warrants to purchase 2,739,640 shares of the Issuer's common stock immediately prior to the completion of the initial public offering of the Issuer's common stock, in accordance with the terms of the warrants. F3 · ownership.nature: These securities are owned directly by Electrum Silver US LLC ("ESUS"). Electrum Strategic Management LLC ("ESM") is the manager of ESUS. ESM is wholly owned by Electrum Global Holdings L.P. ("Global Holdco"), and TEG Global GP Ltd. ("TEG Global") is the general partner of Global Holdco. The Electrum Group LLC ("TEG") acts as an investment advisor to Global Holdco. Thomas S. Kaplan, Chairman of the Issuer's Board of Directors, is also Chairman, Chief Executive Officer and Chief Investment Officer of TEG. Each of these reporting persons (other than Mr. Kaplan who is a director of the Issuer) may be deemed to be a director by deputization of the Issuer. Read SEC document
June 05, 2026 Filed Jun 8, 2026 22:05 UTC	Sunshine Silver Mining & Refining Co SSMR · Entity 4369	Tax withholdingCommon Stock	582,022	$13.50	$7,857,297.00	Disclosure SEC source: 0001193125-26-262217 · ownership.xml · nonDerivative · entry 3 Tigris Financial Group Ltd. · CIK 0001831834 · 10% owner Manul Capital Management LLC · CIK 0001830978 · 10% owner GRAT Holdings LLC · CIK 0001565707 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By Electrum Silver US LLC Disclosed balance after: 78,095,918 F2 · kind: This transaction relates to the net exercise of warrants to purchase 2,739,640 shares of the Issuer's common stock immediately prior to the completion of the initial public offering of the Issuer's common stock, in accordance with the terms of the warrants. F3 · ownership.nature: These securities are owned directly by Electrum Silver US LLC ("ESUS"). Electrum Strategic Management LLC ("ESM") is the manager of ESUS. ESM is wholly owned by Electrum Global Holdings L.P. ("Global Holdco"), and TEG Global GP Ltd. ("TEG Global") is the general partner of Global Holdco. The Electrum Group LLC ("TEG") acts as an investment advisor to Global Holdco. Thomas S. Kaplan, Chairman of the Issuer's Board of Directors, is also Chairman, Chief Executive Officer and Chief Investment Officer of TEG. Each of these reporting persons (other than Mr. Kaplan who is a director of the Issuer) may be deemed to be a director by deputization of the Issuer. Read SEC document
June 05, 2026 Filed Jun 8, 2026 22:05 UTC	Sunshine Silver Mining & Refining Co SSMR · Entity 4369	Exercise / conversionCommon Stock	2,739,640	$2.87	$7,862,766.80	Disclosure SEC source: 0001193125-26-262217 · ownership.xml · nonDerivative · entry 2 Tigris Financial Group Ltd. · CIK 0001831834 · 10% owner Manul Capital Management LLC · CIK 0001830978 · 10% owner GRAT Holdings LLC · CIK 0001565707 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By Electrum Silver US LLC Disclosed balance after: 78,677,940 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F2 · kind: This transaction relates to the net exercise of warrants to purchase 2,739,640 shares of the Issuer's common stock immediately prior to the completion of the initial public offering of the Issuer's common stock, in accordance with the terms of the warrants. F3 · ownership.nature: These securities are owned directly by Electrum Silver US LLC ("ESUS"). Electrum Strategic Management LLC ("ESM") is the manager of ESUS. ESM is wholly owned by Electrum Global Holdings L.P. ("Global Holdco"), and TEG Global GP Ltd. ("TEG Global") is the general partner of Global Holdco. The Electrum Group LLC ("TEG") acts as an investment advisor to Global Holdco. Thomas S. Kaplan, Chairman of the Issuer's Board of Directors, is also Chairman, Chief Executive Officer and Chief Investment Officer of TEG. Each of these reporting persons (other than Mr. Kaplan who is a director of the Issuer) may be deemed to be a director by deputization of the Issuer. Read SEC document
June 05, 2026 Filed Jun 8, 2026 22:05 UTC	Sunshine Silver Mining & Refining Co SSMR · Entity 4369	GrantCommon Stock	8,929	$0.00	$0.00	Disclosure SEC source: 0001193125-26-262217 · ownership.xml · nonDerivative · entry 1 Tigris Financial Group Ltd. · CIK 0001831834 · 10% owner Manul Capital Management LLC · CIK 0001830978 · 10% owner GRAT Holdings LLC · CIK 0001565707 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 8,929 F1 · shares: Represents restricted stock units ("RSUs") granted to Thomas S. Kaplan. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in full on the earlier of (i) the first anniversary of the grant date or (ii) the day immediately proceeding the date of the Issuer's 2027 Annual Meeting of Stockholders, subject to Mr. Kaplan's continued service as a member of the Issuer's Board of Directors through such date. Read SEC document
December 26, 2025 Filed Dec 29, 2025 21:15 UTC	Trilogy Metals Inc. TMQ · Entity 5362	GiftCommon Shares	416,666	$0.00	$0.00	Disclosure SEC source: 0001193125-25-335351 · ownership.xml · nonDerivative · entry 2 KAPLAN THOMAS SCOTT · CIK 0001124803 · 10% owner Electrum Strategic Opportunities Fund L.P. · CIK 0001637981 · 10% owner Electrum Group LLC · CIK 0001565641 · 10% owner ESOF GP Ltd. · CIK 0001663180 · 10% owner GRAT Holdings LLC · CIK 0001565707 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By spouse Disclosed balance after: 0 F1 · kind: Reflects shares that were donated to a charitable foundation for no consideration. F3 · shares: Includes 416,666 shares previously held by GRAT Holdings LLC, which is owned by trusts for the benefit of family members of Mr. Kaplan. The shares were transferred to an account for the benefit of Mr. Kaplan's spouse in transactions exempt from reporting pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended. F4 · ownership.direct: Represents shares owned directly by Mr. Kaplan's spouse. For purposes of Section 16 of the Securities Exchange Act of 1934, each reporting person disclaims beneficial ownership of any such securities, except to the extent of his/its pecuniary interest therein, and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities for the purposes of Section 16 or otherwise. Read SEC document
December 26, 2025 Filed Dec 29, 2025 21:15 UTC	Trilogy Metals Inc. TMQ · Entity 5362	GiftCommon Shares	540,406	$0.00	$0.00	Disclosure SEC source: 0001193125-25-335351 · ownership.xml · nonDerivative · entry 1 KAPLAN THOMAS SCOTT · CIK 0001124803 · 10% owner Electrum Strategic Opportunities Fund L.P. · CIK 0001637981 · 10% owner Electrum Group LLC · CIK 0001565641 · 10% owner ESOF GP Ltd. · CIK 0001663180 · 10% owner GRAT Holdings LLC · CIK 0001565707 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 0 F1 · kind: Reflects shares that were donated to a charitable foundation for no consideration. F2 · shares: Includes 10,000 shares previously held through Tigris Financial Group Ltd., of which Mr. Kaplan is the sole shareholder, and 416,667 shares previously held by GRAT Holdings LLC, which is owned by trusts for the benefit of family members of Mr. Kapan. The shares were transferred to an account for the benefit of Mr. Kaplan in transactions exempt from reporting pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended. Read SEC document
May 09, 2025 Filed May 9, 2025 20:49 UTC	NOVAGOLD RESOURCES INC NG · Entity 1348	PurchaseCommon Shares	13,333,334	$3.75	$50,000,002.50	Disclosure SEC source: 0000950170-25-068167 · ownership.xml · nonDerivative · entry 1 Electrum Strategic Resources L.P. · CIK 0001454795 · 10% owner Electrum Group LLC · CIK 0001565641 · 10% owner ELECTRUM GLOBAL HOLDINGS L.P. · CIK 0001564994 · 10% owner TEG Global GP Ltd. · CIK 0001565709 · 10% owner Leopard Holdings LLC · CIK 0001565706 · 10% owner GRAT Holdings LLC · CIK 0001565707 · 10% owner KAPLAN THOMAS SCOTT · CIK 0001124803 · Director · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 92,902,813 F1 · ownership.direct: Represents Common Shares of the Issuer owned directly by Electrum Strategic Resources L.P. ("Electrum Strategic"). Electrum Global Holdings LP. ("Global Holdings") is the owner of all of the limited partnership interests of Electrum Strategic. TEG Global GP Ltd. ("Global GP") is the sole general partner of, and The Electrum Group LLC ("TEG Services") is the investment adviser to, Global Holdings. TEG Services possesses voting and investment discretion with respect to assets of Global Holdings. Leopard Holdings LLC ("Leopard") controls Global Holdings through Global GP, and GRAT Holdings LLC is the owner and managing member of Leopard. GRAT Holdings LLC is owned by trusts for the benefit of the family of Thomas Scott Kaplan. F2 · ownership.direct: For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each reporting person disclaims beneficial ownership of these securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. Read SEC document
April 22, 2025 Filed Apr 23, 2025 20:15 UTC	NOVAGOLD RESOURCES INC NG · Entity 1348	OtherWarrants (right to buy) · Derivative	6,375,000	Not disclosed Strike: $3.00	Not disclosed	Disclosure SEC source: 0000950170-25-057383 · ownership.xml · derivative · entry 1 Electrum Strategic Resources L.P. · CIK 0001454795 · 10% owner Electrum Group LLC · CIK 0001565641 · 10% owner ELECTRUM GLOBAL HOLDINGS L.P. · CIK 0001564994 · 10% owner TEG Global GP Ltd. · CIK 0001565709 · 10% owner Leopard Holdings LLC · CIK 0001565706 · 10% owner GRAT Holdings LLC · CIK 0001565707 · 10% owner KAPLAN THOMAS SCOTT · CIK 0001124803 · Director · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 6,375,000 Underlying: Common Shares · 6,375,000 shares Expires 2030-04-22 F1 · kind: The warrants were acquired by Electrum Strategic Resources L.P. ("Electrum Strategic") as consideration for entering into the Backstop Agreement, dated April 22, 2025, with the Issuer and the Investors named therein, pursuant to which agreement Electrum Strategic committed to purchase up to $42.5 million of the Issuer's common shares at $3 per share to fund a portion of an acquisition by the Issuer if the Issuer does not obtain alternative financing for such acquisition. F1 · price: The warrants were acquired by Electrum Strategic Resources L.P. ("Electrum Strategic") as consideration for entering into the Backstop Agreement, dated April 22, 2025, with the Issuer and the Investors named therein, pursuant to which agreement Electrum Strategic committed to purchase up to $42.5 million of the Issuer's common shares at $3 per share to fund a portion of an acquisition by the Issuer if the Issuer does not obtain alternative financing for such acquisition. F2 · ownership.direct: Electrum Global Holdings LP. ("Global Holdings") is the owner of all of the limited partnership interests of Electrum Strategic. TEG Global GP Ltd. ("Global GP") is the sole general partner of, and The Electrum Group LLC ("TEG Services") is the investment adviser to, Global Holdings. TEG Services possesses voting and investment discretion with respect to assets of Global Holdings. Leopard Holdings LLC ("Leopard") controls Global Holdings through Global GP, and GRAT Holdings LLC is the owner and managing member of Leopard. F3 · ownership.direct: For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each reporting person disclaims beneficial ownership of these securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. Read SEC document
June 30, 2023 Filed Jul 3, 2023 21:00 UTC	NOVAGOLD RESOURCES INC NG · Entity 1348	OtherCommon Shares	286,977	$3.89	$1,116,340.53	Disclosure SEC source: 0001493152-23-023319 · ownership.xml · nonDerivative · entry 1 GRAT Holdings LLC · CIK 0001565707 · Possible member of 10% group 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 5,286,977 F1 · kind: The purpose of this Form 4 is to report (i) the transfer of 286,977 Common Shares (the "Shares") of the Issuer from Thomas S. Kaplan to GRAT Holdings LLC ("GRAT") (which is owned by trusts for the benefit of the Kaplan family) on June 30, 2023, for US $3.89 per Share, the closing price of the Shares on June 29, 2023. Thus, Mr. Kaplan's aggregate beneficial ownership of the Shares is unchanged as a result of this transaction. F2 · balance_after: For purposes of Section 16 of the Securities Exchange Act of 1934, GRAT disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities for purposes of Section 16 or otherwise. Read SEC document
April 20, 2018 Filed Apr 24, 2018 14:53 UTC	Trilogy Metals Inc. TMQ · Entity 5362	OtherCommon Shares	5,031,250	$1.16	$5,836,250.00	Disclosure SEC source: 0001493152-18-005670 · form4.xml · nonDerivative · entry 1 KAPLAN THOMAS SCOTT · CIK 0001124803 · Possible member of 10% group Electrum Strategic Opportunities Fund L.P. · CIK 0001637981 · Possible member of 10% group Electrum Group LLC · CIK 0001565641 · Possible member of 10% group ESOF GP Ltd. · CIK 0001663180 · Possible member of 10% group GRAT Holdings LLC · CIK 0001565707 · Possible member of 10% group Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · By Electrum Strategic Opportunities Fund L.P. Disclosed balance after: 29,422,923 F1 · kind: On April 20, 2018, ESOF acquired 5,031,250 of the Issuer's Common Shares for an aggregate purchase price of $5,836,250, or $1.16 per Common Share. F2 · ownership.nature: ESOF is an investment fund, of which The Electrum Group LLC is the investment adviser. ESOF GP Ltd. is the general partner of the sole general partner of ESOF. F5 · ownership.nature: In accordance with Instruction 4(b)(iv) to Form 4, the entire amount of the Issuer's securities held by Tigris, GRAT Holdings, and ESOF is reported herein. For purposes of Section16 of the Securities Exchange Act of 1934, each reporting person disclaims beneficial ownership of any such securities, except to the extent of his/its indirect pecuniary interest therein, if any, and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities for purposes of Section 16 or otherwise. Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.