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Non-controlling interest
12 Months Ended
Aug. 31, 2022
Non-controlling Interest  
Non-controlling interest

 

18.Non-controlling interest

 

The changes to the non-controlling interest for the year ended August 31, 2022 and year ended August 31, 2021 are as follows:

 

          
   2022   2021 
Balance at beginning of year  $(1,533)  $(254)
Non-controlling interest’s 45% share of Buckreef Gold’s comprehensive earnings (loss)   3,894    (1,279)
Balance at end of year  $2,361   $(1,533)

 

The following is summarized financial information for Buckreef Gold:

 

          
   2022   2021 
Current assets  $7,253   $2,920 
Long term assets   53,789    33,535 
Current liabilities   (8,602)   (2,908)
Provision for reclamation   (2,815)   (2,681)
Advances from parent   (37,725)   (33,728)
           
Revenue   15,094    - 
Comprehensive earnings (loss) for the year  $8,651   $(2,841)