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Consolidated Balance Sheets - USD ($)
Jul. 31, 2021
Jul. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 44,312,780 $ 5,147,703
Inventories 29,172,480 211,662
Prepaid expenses and deposits 1,434,404 1,111,152
Other current assets 125,698 119,362
TOTAL CURRENT ASSETS 75,045,362 6,589,879
MINERAL RIGHTS AND PROPERTIES 63,784,003 63,655,503
PROPERTY, PLANT AND EQUIPMENT 7,358,037 7,019,817
RESTRICTED CASH 2,037,677 1,839,216
EQUITY-ACCOUNTED INVESTMENT 20,729,674 11,515,327
OTHER NON-CURRENT ASSETS 586,332 769,875
TOTAL ASSETS 169,541,085 91,389,617
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 2,762,727 1,858,499
Due to a related party 843 31,334
Other current liabilities 238,899 147,569
Current portion of other loans payable 191,510
Current portion of long-term debt 10,075,231
TOTAL CURRENT LIABILITIES 13,269,210 2,037,402
LONG-TERM DEBT 19,869,477
OTHER LOANS PAYABLE 65,952 307,092
ASSET RETIREMENT OBLIGATIONS 3,938,655 3,734,314
OTHER NON-CURRENT LIABILITIES 271,132 479,714
DEFERRED TAX LIABILITIES 540,992 545,000
TOTAL LIABILITIES 18,085,941 26,972,999
STOCKHOLDERS' EQUITY    
Common stock $0.001 par value: 750,000,000 shares authorized, 236,796,866 shares issued and outstanding (July 31, 2020 - 184,635,870) 236,797 184,636
Additional paid-in capital 441,990,650 341,059,972
Share issuance obligation 359,560 103,554
Accumulated deficit (291,625,110) (276,811,300)
Accumulated other comprehensive income (loss) 493,247 (120,244)
TOTAL EQUITY 151,455,144 64,416,618
TOTAL LIABILITIES AND EQUITY $ 169,541,085 $ 91,389,617