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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Oct. 31, 2020
Oct. 31, 2019
OPERATING ACTIVITIES    
Net loss for the period $ (4,963,537) $ (5,042,577)
Adjustments to reconcile net loss to cash flows in operating activities    
Stock-based compensation 1,378,515 917,386
Depreciation, amortization and accretion 99,180 76,386
Amortization of long-term debt discount 443,867 432,221
Loss from equity-accounted investment 703,605 340,597
Deferred tax benefits (816) (1,678)
Foreign exchange loss 193
Changes in operating assets and liabilities    
Prepaid expenses and deposits (78,730) (85,062)
Other current assets 6,704 128,043
Accounts payable and accrued liabilities (155,901) (1,361,171)
Due to a related party (14,777) (68,600)
Other liabilities 6,579 (78,977)
NET CASH USED IN OPERATING ACTIVITIES (2,575,118) (4,743,432)
FINANCING ACTIVITIES    
Proceeds from share issuance, net of issuance costs 14,130,965
NET CASH PROVIDED BY FINANCING ACTIVITIES 14,130,965
INVESTING ACTIVITIES    
Purchase of property, plant and equipment (2,903) (26,827)
Investment in term deposits (10,000,000)
Proceeds from redemption of term deposits 11,831,671
NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES (10,002,903) 11,804,844
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 1,552,944 7,061,412
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD 6,986,919 7,879,578
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD $ 8,539,863 $ 14,940,990