XML 14 R5.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Oct. 31, 2023
Oct. 31, 2022
OPERATING ACTIVITIES    
Net income (loss) for the period $ 3,321 $ (3,756)
Adjustments to reconcile net loss to cash flows in operating activities    
Stock-based compensation 1,572 1,821
Depreciation, amortization and accretion 517 492
Income from equity-accounted investment (1,459) (31)
Loss (gain) on revaluation of equity securities (17,313) 3,466
Gain on revaluation of derivative liabilities 6,901 2,625
Deferred tax recovery (2,807) (29)
Changes in operating assets and liabilities    
Inventories (36,732) 37,405
Prepaid expenses and deposits (7,587) (87)
Other current assets 148 (139)
Accounts payable and accrued liabilities 7,691 (5,229)
Other liabilities 21 (7)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (45,727) 36,531
FINANCING ACTIVITIES    
Proceeds from share issuances, net of issuance costs 56,534 28,060
Repayments of other loans 0 (49)
Cash paid for withholding amounts on option exercise (667) (147)
NET CASH PROVIDED BY FINANCING ACTIVITIES 55,867 27,864
INVESTING ACTIVITIES    
Investment in mineral rights and properties (1,160) 0
Capital contribution to equity-accounted investment (653) 0
Purchase of additional interest in equity-accounted investment (5,676)
Investment in equity securities (811) 0
Proceeds from sale of equity securities 3,427 0
Purchase of property, plant and equipment (609) (152)
NET CASH USED IN INVESTING ACTIVITIES (5,482) (75,783)
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 4,658 (11,388)
FOREIGN EXCHANGE DIFFERENCE ON CASH (32) (183)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD 52,865 39,787
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD 57,491 28,216
UEX Corporation [Member]    
INVESTING ACTIVITIES    
Cash used in acquisition 0 4,369
Roughrider [Member]    
INVESTING ACTIVITIES    
Cash used in acquisition $ 0 $ (80,000)