Final Approval Granted for Trevali Mining Securities Class Action Settlement

Approval of Settlement in Trevali Mining Securities Class Action

On August 6, 2025, KND Complex Litigation announced that the Supreme Court of British Columbia has given final approval to a settlement related to a securities class action on behalf of shareholders of Trevali Mining Corporation. The case, registered under No. VLC-S-S-228113, comes in response to allegations put forth concerning the trading of Trevali's securities between October 9, 2020, and August 15, 2022.

The approved settlement amounts to $2.8 million, intended to fully resolve the claims made by the shareholders involved in the class action. Importantly, it must be noted that this settlement does not imply any admission of liability or wrongdoing on the part of Trevali or its former directors, who continue to deny any allegations against them.

Details of the Settlement

The settlement fund will be used to compensate eligible class members who were affected by the issues raised in the class action. The provisions include full and final releases that protect Trevali and certain of its former directors from further claims associated with the case.

Eligible shareholders wishing to claim their share of the settlement must act promptly. They are required to fill out a Claim Form and submit it by 11:59 PM Vancouver (Pacific) time on December 4, 2025. Further information and specific instructions for the claims process can be found on the Claims Administrator's website at http://trevalisettlement.com/.

The administrator, known as Concilia, can also be contacted for any inquiries specifically related to the settlement administration or claims process. They can be reached by phone at 1-888-343-9770 or via email at [email protected]

KND Complex Litigation, based in Toronto, serves as the Class Counsel in this matter. With extensive experience in representing investors in complex litigation cases across Canada, they are well-equipped to handle such securities class actions. For additional inquiries regarding this class action, contact Sage Nematollahi via email at [email protected]

Next Steps for Shareholders

Shareholders of Trevali Mining Corporation who acquired securities in the time frame specified must take immediate action to ensure their rights are protected. Swift completion and submission of the Claim Form by the deadline are imperative to receive compensation from the settlement.

This settlement provides a critical opportunity for affected shareholders to potentially recover their losses, and participants are encouraged to be proactive. By keeping informed and adhering to the stipulated deadlines, class members can navigate this complex process and secure their eligible compensation.

In conclusion, while the approval of this settlement marks a significant step forward, it also underscores the importance of shareholder awareness and timely action in such securities litigation cases. As developments unfold, stakeholders are advised to remain updated through the designated resources to ensure proper participation in the claims process.