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Consolidated Statements of Cash Flows - CAD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2019
Apr. 30, 2018
Apr. 30, 2017
Cash provided by Operating activities      
Earnings (Loss) for the year $ (11,804) $ (12,000) $ 7,222
Items not involving cash:      
Depreciation and depletion 3,899 5,032 5,628
Gain on sale of San Pedrito 0   (7,128)
Income tax (recovery) (note 18) 2,229 (5,945) (2,861)
Interest on long-term debt (note 10) 325 83 536
Rehabilitation and closure cost accretion (note 11) 90 64 80
Unwinding of discount on long-term debt (note 10) 101   48
Share-based compensation (note 12) (104) (64) 267
Impairment of Mining Interest, Plant and Equipment (note 8) 4,804 6,713 37
Allowance for receivables 441    
Loss on disposal of Exploration and Evaluation Asset (note 9) 82 1,013  
Cash generated by (used in) operating activities before working capital changes 63 (5,104) 3,829
Change in non-cash working capital items      
Amounts receivable (1,500) (475) (559)
Inventory 1,890 (1,181) (1,591)
Prepaid expenses and advances (36) (78) (214)
Trade and other payables (425) 826 595
Cash inflow (outflow) for operating activities (8) (6,012) 2,060
Financing activities      
Issuance of shares (note 12) 0 125  
Advance of loan payable (note 10) 2,940 1,283 (4,500)
Repayment of loan payable (note 10) 0 (1,213)  
Interest paid (note 10) 0 (311) (538)
Financing fees (note 10) 0   (45)
Cash inflow (outflow) for financing activities 2,940 (116) (5,083)
Investing activities      
Cash acquired on sale of San Pedrito (note 8) 1,037 832 10,171
Interest received 159 86 57
Investment in exploration and evaluation assets (note 9) (385) (481) (2,068)
Purchase of mining interest, plant and equipment (note 8) (3,152) (2,190) (2,709)
Sale of Exploration and Evaluation property (note 9) 0 128  
Sale of short-term investments (note 5) 0 4,022 1,769
Cash inflow (outflow) for investing activities (2,341) 2,397 7,220
Total increase (decrease) in cash 591 (3,731) 4,197
Effect of foreign exchange rate changes on cash (363) 494 (2,887)
Cash, beginning of year 2,321 5,558 4,248
Cash, end of year 2,549 2,321 $ 5,558
Non - cash transactions      
Warrants issued 171    
Accrue in equipment purchased through Trade payables $ 883 $ 1,525