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Condensed Consolidated Interim Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Feb. 28, 2022
Feb. 28, 2021
Operating activities:    
Net loss $ (9,995) $ (7,956)
Adjustments:    
Share-based compensation 2,091 2,042
Equity loss – Donlin Gold 4,040 1,968
Interest expense on promissory note 1,512 1,434
Foreign exchange loss 112 483
Accretion of notes receivable (210) (854)
Change in fair value of marketable securities (500) (226)
Other operating adjustments 0 2
Net change in operating assets and liabilities (Note 13) (3,053) (1,179)
Net cash used in operating activities (6,003) (4,286)
Investing activities:    
Proceeds from term deposits 0 35,000
Purchases of term deposits 0 (25,000)
Funding of Donlin Gold (5,936) (2,946)
Net cash provided by (used in) investing activities (5,936) 7,054
Financing activities:    
Withholding tax on share-based compensation (2,122) (731)
Net cash used in financing activities (2,122) (731)
Effect of exchange rate changes on cash and cash equivalents 70 250
Net change in cash and cash equivalents (13,991) 2,287
Cash and cash equivalents at beginning of period 91,124 60,906
Cash and cash equivalents at end of period $ 77,133 $ 63,193