XML 12 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jan. 31, 2021
Jul. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 8,713,193 $ 5,147,703
Term deposits 4,000,000
Inventories 211,662 211,662
Prepaid expenses and deposits 1,399,645 1,111,152
Other current assets 113,370 119,362
TOTAL CURRENT ASSETS 14,437,870 6,589,879
MINERAL RIGHTS AND PROPERTIES 63,734,753 63,655,503
PROPERTY, PLANT AND EQUIPMENT 7,446,299 7,019,817
RESTRICTED CASH 1,839,300 1,839,216
EQUITY-ACCOUNTED INVESTMENT 11,961,434 11,515,327
OTHER NON-CURRENT ASSETS 722,963 769,875
TOTAL ASSETS 100,142,619 91,389,617
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 1,576,236 1,858,499
Due to a related party 16,520 31,334
Other current liabilities 131,466 147,569
TOTAL CURRENT LIABILITIES 19,467,523 2,037,402
ASSET RETIREMENT OBLIGATIONS 3,836,484 3,734,314
OTHER NON-CURRENT LIABILITIES 485,687 479,714
DEFERRED TAX LIABILITIES 543,143 545,000
TOTAL LIABILITIES 24,495,776 26,972,999
STOCKHOLDERS' EQUITY    
Common stock $0.001 par value: 750,000,000 shares authorized, 200,142,556 shares issued and outstanding (July 31, 2020 - 184,635,870) 200,142 184,636
Additional paid-in capital 360,110,479 341,059,972
Share issuance obligation 143,563 103,554
Accumulated deficit (285,235,896) (276,811,300)
Accumulated other comprehensive loss 428,555 (120,244)
TOTAL EQUITY 75,646,843 64,416,618
TOTAL LIABILITIES AND EQUITY 100,142,619 91,389,617
Other Loans Payable [Member]    
CURRENT LIABILITIES    
Current portion of long-term debt 218,129
Other Loans Payable, Noncurrent 162,939 307,092
Credit Agreement [Member]    
CURRENT LIABILITIES    
Current portion of long-term debt 17,525,172
Other Loans Payable, Noncurrent $ 19,869,477