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Statements of Cash Flow - CAD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES:    
Net income (loss) for the period $ 14,354 $ 18,977
Adjustments and items not affecting cash and cash equivalents:    
Depletion, depreciation, amortization and accretion 8,667 7,385
Joint venture-equity share of loss 2,887 464
Recognition of deferred revenue (5,987) (3,207)
Post-employment benefit payments (95) (110)
Reclamation obligation income statement adjustment (4,126) (585)
Reclamation obligation expenditures (1,348) (815)
Gain on debt obligation adjustment 0 (4)
Deferred income tax recovery (2,269) (1,995)
Share purchase warrants liability issue costs expensed 0 791
Loss (gain) on property, plant and equipment disposals 25 (135)
Fair value change losses (gains):    
Investments-equity instruments 6,469 (10,454)
Investments-uranium (29,422) (41,440)
Warrants on investment (1,625) (1,149)
Share purchase warrants liabilities (20,337) 7,104
Share-based compensation 3,736 2,832
Foreign exchange loss (gain) (816) 1,295
Change in non-cash operating working capital items 1,743 (199)
Net cash used in operating activities (28,144) (21,245)
INVESTING ACTIVITIES    
Sale of investments-equity instruments 0 12,826
Sale of warrants on investment 0 2,774
Purchase of investments-uranium 0 (91,674)
Issuance of Term loan and investment in joint venture 0 (40,950)
Repayment of term loan 0 20,450
Transaction costs-investment in joint venture 0 (1,356)
Purchase of investment in joint venture (800) 0
Additions of property, plant and equipment (6,869) (1,230)
Proceeds on disposal of property, plant and equipment 12 139
Decrease (increase) in restricted cash and investments 896 17
Net cash used in investing activities (6,761) (99,004)
FINANCING ACTIVITIES    
Issuance of debt obligations 158 34
Repayment of debt obligations (209) (252)
Proceeds from unit issues, net of issue costs 0 135,630
Proceeds from share issues, net of issue costs 19,551 18,091
Proceeds from warrants exercised 0 14
Proceeds from share options exercised 1,459 6,300
Net cash provided by financing activities 20,959 159,817
Increase (Decrease) in cash and cash equivalents (13,946) 39,568
Foreign exchange effect on cash and cash equivalents 863 (562)
Cash and cash equivalents, beginning of period 63,998 24,992
Cash and cash equivalents, end of period $ 50,915 $ 63,998