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Condensed Consolidated Interim Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Aug. 31, 2022
Aug. 31, 2021
Aug. 31, 2022
Aug. 31, 2021
Operating activities:        
Net loss $ (16,123) $ (11,790) $ (41,088) $ (30,267)
Adjustments:        
Equity loss – Donlin Gold 9,412 6,748 21,893 12,914
Share-based compensation 2,105 2,050 6,301 6,187
Interest expense on promissory note 2,198 1,506 5,394 4,420
Foreign exchange (gain) loss (423) (906) (264) 620
Accretion of notes receivable (212) (639) (631) (2,347)
Change in fair value of marketable securities 647 168 (66) (316)
Other operating adjustments 2 2 0 6
Net change in operating assets and liabilities (Note 13) 750 984 (1,506) 644
Net cash used in operating activities (1,644) (1,877) (9,967) (8,139)
Investing activities:        
Proceeds from term deposits 62,000 25,000 78,000 86,000
Purchases of term deposits (62,000) (25,000) (70,000) (80,799)
Proceeds from note receivable 0 75,000 0 75,000
Funding of Donlin Gold (8,438) (6,901) (24,925) (15,025)
Net cash provided from (used in) investing activities (8,438) 68,099 (16,925) 65,176
Financing activities:        
Withholding tax on share-based compensation 0 0 (2,122) (731)
Net cash used in financing activities 0 0 (2,122) (731)
Effect of exchange rate changes on cash and cash equivalents (278) (217) (178) 581
Net change in cash and cash equivalents (10,360) 66,005 (29,192) 56,887
Cash and cash equivalents at beginning of period 72,292 51,788 91,124 60,906
Cash and cash equivalents at end of period $ 61,932 $ 117,793 $ 61,932 $ 117,793