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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Nov. 30, 2021
Nov. 30, 2020
OPERATING ACTIVITIES    
Loss for the period $ (3,316) $ (2,564)
Add items not affecting cash / adjustments:    
Depreciation 23 30
Interest expense 1,072 1,307
Unrealized foreign exchange (loss) 327 (33)
Loss on fair value of derivatives and other instruments 0 8
Loss on partial settlement of Sprott Facility 147 99
Stock compensation expense 683 440
Directors' fees paid in deferred share units 39 38
Net change in non-cash working capital (817) (3,742)
Net cash flows from (used in) operating activities (1,842) (4,417)
FINANCING ACTIVITIES    
Proceeds from issuance of equity 12,039 12,736
Equity issuance costs (354) (592)
Cash received from option exercises 20 0
Sprott Facility principal repayments (5,800) (3,515)
Sprott Facility interest paid (220) (564)
Lease payments made (22) (22)
Cash received from Waterberg partners 229 676
Net cash flows from (used in) financing activities 5,892 8,719
INVESTING ACTIVITIES    
Performance bonds (11) (17)
Expenditures incurred on Waterberg Project (1,870) (1,032)
Net cash flows from (used in) investing activities (1,881) (1,049)
Net increase in cash 2,169 3,253
Effect of foreign exchange on cash (156) 219
Cash, beginning of period 6,059 1,308
Cash end of period $ 8,072 $ 4,780