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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
May 31, 2014
May 31, 2013
May 31, 2014
May 31, 2013
Operating activities:        
Net loss $ (10,681) $ (9,833) $ (21,372) $ (23,609)
Adjustments to reconcile net income to net cash used in operating activities:        
Depreciation 8 9 18 19
Deferred income taxes 44    (6)   
Foreign exchange (gain) loss 1,101 (974) (1,348) (8,812)
Share-based compensation 1,907 1,440 6,565 6,982
Equity losses of affiliates 3,616 6,238 7,237 11,721
Gain on derivative liabilities (140) (3,667) (25) (391)
Other 1,235 947 2,810 4,974
Withholding tax on share based compensation    (34) (636) (619)
Net change in operating assets and liabilities (note 11) 2,436 (338) 1,069 (2,357)
Net cash used in operations (474) (6,212) (5,688) (12,092)
Investing activities:        
Additions to property and equipment       (22)   
Proceeds from term deposits 60,000    110,000   
Purchases of term deposits (55,000)    (105,000)   
Funding of affiliates (note 5) (5,569) (5,872) (9,191) (8,965)
Net cash used in investing activities (569) (5,872) (4,213) (8,965)
Financing activities:        
Proceeds from share issuance, net          54,359
Repayment of debt    (72,821)    (72,821)
Net cash provided from financing activities    (72,821)    (18,462)
Effect of exchange rate changes on cash 50 (44) (32) (170)
Decrease in cash and cash equivalents (993) (84,949) (9,933) (39,689)
Cash and cash equivalents at beginning of period 72,322 299,927 81,262 254,667
Cash and cash equivalents at end of period $ 71,329 $ 214,978 $ 71,329 $ 214,978