XML 14 R5.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Oct. 31, 2022
Oct. 31, 2021
OPERATING ACTIVITIES    
Net loss for the period $ (3,756) $ (2,074)
Adjustments to reconcile net loss to cash flows in operating activities    
Stock-based compensation 1,821 1,381
Depreciation, amortization and accretion 492 98
Amortization of long-term debt discount 0 266
Income from equity-accounted investment (31) (2,753)
Change in fair value of equity securities 3,466 (547)
Change in fair value of derivative liability 2,625 0
Deferred tax benefits (29) (1)
Changes in operating assets and liabilities    
Inventories 37,405 (7,045)
Prepaid expenses and deposits (87) (577)
Other current assets (139) (2)
Accounts payable and accrued liabilities (5,229) (1,034)
Other liabilities (7) 5
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 36,531 (12,283)
FINANCING ACTIVITIES    
Proceeds from share issuances, net of issuance costs 28,060 63,965
Repayments of other loans (49) (47)
Cash paid for withholding amounts on option exercise (147) 0
NET CASH PROVIDED BY FINANCING ACTIVITIES 27,864 63,918
INVESTING ACTIVITIES    
Investment in mineral rights and properties 0 (6)
Purchase of property, plant and equipment (152) (7)
Prepaid transaction costs 0 (176)
Investment in equity securities 0 (9,433)
Proceeds from sale of equity securities 0 9,980
NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES (75,783) 358
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (11,388) 51,993
FOREIGN EXCHANGE DIFFERENCE ON CASH (183) 0
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING 39,787 46,350
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END 28,216 98,343
UEX Corporation [Member]    
INVESTING ACTIVITIES    
Acquisition of UEX, net of cash acquired 4,369 0
Roughrider [Member]    
INVESTING ACTIVITIES    
Acquisition of Roughrider $ (80,000) $ 0