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A8 2015 Peel Street 11th Floor Montreal QC CA H3A 1T8 Jocelyn Lafond 438 315-6607 (514) 331-9691 2015 Peel Street 11th Floor Montreal QC CA H3A 1T8 Common Shares, no par value THTX NASDAQ 45980019 No No Yes Yes Non-accelerated Filer true false false KPMG LLP Montreal, Quebec, Canada 85 false International Financial Reporting Standards false The Corporation is aware of cybersecurity risks and is taking proactive measures to keep its information and the integrity of its systems secure, and to educate its personnel about these risks. In order to mitigate these risks to a degree, the Corporation uses various software/platforms, such as Microsoft Security Center console, including Microsoft Defender for virus prevention and to block any suspicious activity in the Corporation’s computer systems. prohibits <div style="text-align: justify; text-indent: 7%; font-family: Times New Roman; font-size: 11pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">Risk Management and Strategy</div> </div><div style="text-align: justify; text-indent: 7%; font-family: Times New Roman; font-size: 11pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: "Times New Roman"; font-size: 11pt; letter-spacing: 0px; top: 0px;display:inline;">As of the date of the filing of this Annual Report, the Corporation has not suffered a cybersecurity threat or a cybersecurity incident. Moreover, <div style="display:inline;"><div style="-sec-ix-hidden:hidden131473329;display:inline;">the Corporation is aware of cybersecurity risks and is taking proactive measures to keep its information and the integrity of its systems secure, and to educate its personnel about these risks.</div></div> </div></div><div style="text-align: justify; text-indent: 7%; font-family: Times New Roman; font-size: 11pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: "Times New Roman"; font-size: 11pt; letter-spacing: 0px; top: 0px;display:inline;">In order to mitigate these risks to a degree, the Corporation uses various software/platforms, such as Microsoft Security Center console, including Microsoft Defender for virus prevention and to block any suspicious activity in the Corporation’s computer systems. </div></div><div style="text-align: justify; text-indent: 7%; font-family: Times New Roman; font-size: 11pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: "Times New Roman"; font-size: 11pt; letter-spacing: 0px; top: 0px;display:inline;">The Corporation has implemented multiple measures to combat and reduce the risk of cybersecurity threats and cybersecurity incidents including: engaging a third party Information Technology (“IT”) consultant to manage incidents on the Security Information and Event Management (“SIEM”) system; the Corporation is working in collaboration with its third-party IT consultant to develop and implement an Incident Response Plan as part of its overall business continuity plan; and the Corporation conducts penetration tests each year through a third-party IT consultant.</div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="display:inline;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div><div style="text-align: center; font-family: Times New Roman; font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="display:inline;"><div style="font-family: "Times New Roman"; font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div><div style="font-family: "Times New Roman"; font-size: 11pt; letter-spacing: 0px; top: 0px;display:inline;"> </div> true

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Subsidiaries are entities controlled by the Company. Control is present where the Company has the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities. In assessing control, potential voting rights that are currently exercisable are taken into consideration. The accounting policies of subsidiaries are changed when necessary to align them with the policies adopted by the Company. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Intercompany balances and transactions, revenues and expenses resulting from transactions between subsidiaries and with the Company are eliminated in preparing the Financial Statements. </div> <div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Foreign currencies </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Transactions in foreign currencies are translated to the functional currency at exchange rates in effect at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies at the reporting date are translated to the functional currency at the exchange rate in effect at that date. The foreign currency gain or loss on monetary items is the difference between amortized cost in the functional currency at the beginning of the reporting year, adjusted for effective interest and payments during the reporting year, and the amortized cost in foreign currency translated at the exchange rate in effect at the end of the reporting year. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-monetary</div> assets and liabilities denominated in foreign currencies that are measured at fair value are translated to the functional currency at the exchange rate in effect at the date on which the fair value was determined. <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-monetary</div> items that are measured at historical cost in a foreign currency are translated using the exchange rate in effect at the date of the transaction. Foreign currency differences arising on translation are recognized in net profit, except for differences arising on the translation of FVOCI financial instruments, which are recognized in other comprehensive income (loss). </div><div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Foreign operations </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The assets and liabilities of foreign operations whose functional currency is not the US$ are translated into US$ at the reporting date. The income and expenses of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">foreign-currency</div> denominated operations are translated at average rates for each reporting period. Foreign exchange differences arising on the translation of foreign operations are recognized directly in other comprehensive income (loss). When a foreign subsidiary is disposed of, the cumulative amount recognized in the currency translative reserve forms part of the gain or loss on disposal. </div> <div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div style="clear:both;max-height:0pt;text-indent: 0px;"></div><div style="letter-spacing: 0px; top: 0px; background: none;display:inline;"><div style="font-family: arial; letter-spacing: 0px; top: 0px; background: none; text-decoration: none;display:inline;"> </div></div> <div style="clear:both;max-height:0pt;text-indent: 0px;"></div><div style="font-family: Calibri; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: Calibri; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Revenue recognition </div></div></div></div><div style="font-weight:bold;display:inline;"> </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Revenue from contracts with customers – Net sales </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The Company derives revenue from the sales of finished goods, which include Trogarzo<div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px"> </div>and <div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">EGRIFTA SV</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div>. The Company recognizes revenue at a point in time when it transfers title of the finished goods to a customer, which generally occurs upon delivery of the finished goods to the customer’s premises. Payment received from customers prior to the transfer of control of the goods is recorded as deferred revenue. </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Some arrangements for the sale of finished goods provide for customer cash discounts for prompt payment, allowances, rights of return, rebates on sales made under governmental and commercial rebate programs, chargebacks on sales made to government agencies and retail pharmacies and distribution fees, including potential clawbacks in certain jurisdictions when pricing terms are based on temporary use authorizations and thus subject to future negotiation which gives rise to variable consideration. At the time of sale, estimates are made for items giving rise to variable consideration based on the terms of the arrangement. The variable consideration is estimated at contract inception using the most likely amount method and revenue is only recognized to the extent that a significant reversal of revenue is not expected to occur. The estimate is based on historical experience, current trends, contractual terms with distributors and other known factors. Sales are recorded net of customer discounts, rebates, chargebacks, distribution fees and estimated sales returns, and exclude sales taxes. A refund liability and a right to recover returned goods asset are recognized for expected returns in relation to sales made before the end of the reporting period. The right to recover returned goods asset is measured at the former carrying amount of the inventory less any expected costs to recover goods. The Company reviews its estimate of variable consideration, including expected returns, on a quarterly basis, adjusting for the amounts of the asset and liability accordingly. </div> <div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Cost of sales </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Cost of goods sold </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Cost of goods sold includes the cost of raw materials, supplies, direct labour and overhead charges allocated to goods sold as well as write-downs of inventories. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Amortization of the other asset </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The amortization of the other asset related to the repurchase of the future royalty rights under the agreement with EMD Serono, Inc. to settle all outstanding cash payment obligations stemming from a termination and transfer agreement dated December 13, 2013. </div> <div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div style="clear:both;max-height:0pt;text-indent: 0px;"></div><div style="letter-spacing: 0px; top: 0px; background: none;display:inline;"><div style="font-family: arial; letter-spacing: 0px; top: 0px; background: none; text-decoration: none;display:inline;"> </div></div> <div style="clear:both;max-height:0pt;text-indent: 0px;"></div><div style="font-family: Calibri; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: Calibri; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Employee benefits </div></div></div></div><div style="font-weight:bold;display:inline;"> </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Salaries and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">short-term</div> employee benefits </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Salaries and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">short-term</div> employee benefit obligations are measured on an undiscounted basis and are expensed as the related service is provided. A liability is recognized for the amount expected to be paid under <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">short-term</div> <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">profit-sharing</div> or cash bonus plans if the Company has a legal or constructive obligation to pay an amount as a result of past services rendered by an employee and the obligation can be estimated reliably. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Post-employment</div> benefits </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Post-employment</div> benefits include a defined contribution plan under which an entity pays fixed contributions into a separate entity and will have no legal or constructive obligation to pay further amounts. Obligations for contributions to defined contribution plans are recognized as an employee benefit expense when due. Prepaid contributions are recognized as an asset to the extent that a cash refund or a reduction in future payments is available. The Company’s defined contribution plan comprises the registered retirement savings plan, the Quebec Pension Plan and employment insurance. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Termination benefits </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Termination benefits are recognized as an expense when the Company is committed demonstrably, without realistic possibility of withdrawal, to a formal detailed plan to either terminate employment before the normal retirement date or to provide termination benefits as a result of an offer made to encourage voluntary redundancy. </div> <div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Finance income and finance costs </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Finance income comprises interest income on financial assets and gains on the disposal of financial assets and financial liabilities. Interest income is recognized as it accrues in net loss using the effective interest method. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Finance costs comprise bank charges, interest and accretion expense on lease liabilities, convertible unsecured senior notes, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">long-term</div> loans and obligations and deferred financing costs, impairment losses on financial assets recognized in net loss, changes in fair value of liabilities and derivatives, unrealized foreign currency gain or loss on <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">long-term</div> obligations, loss on long-term obligations modifications and other foreign currency gains and losses which are reported on a net basis. </div> <div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div style="clear:both;max-height:0pt;text-indent: 0px;"></div><div style="letter-spacing: 0px; top: 0px; background: none;display:inline;"><div style="font-family: arial; letter-spacing: 0px; top: 0px; background: none; text-decoration: none;display:inline;"> </div></div> <div style="clear:both;max-height:0pt;text-indent: 0px;"></div><div style="font-family: Calibri; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: Calibri; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Inventories </div></div></div></div><div style="font-weight:bold;display:inline;"> </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Inventories are presented at the lower of cost, determined using the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">first-in,</div> <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">first-out</div> method, and net realizable value. Inventory costs include the purchase price and other costs directly related to the acquisition of materials and other costs incurred in bringing the inventories to their present location and condition. The Company is responsible for coordinating the production and stability testing and for auditing suppliers at different times during the manufacturing process. Inventory costs also include the costs directly related to the conversion of materials into finished goods. Net realizable value is the estimated selling price in the Company’s ordinary course of business less the estimated costs of completion and selling expenses. In determining whether the inventory cost exceeds its net realizable value for <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">pre-launch</div> inventory, the Company considers whether there is a high probability of regulatory approval for the product. In making that determination, the Company considers prior history with approvals of similar products, estimated timing of obtaining regulatory approval, regulatory agencies correspondence regarding safety and efficacy of the product and current market factors. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Work in progress inventory appears from the moment third party suppliers use the material provided by the Company until the time the Company receives the finished product. The value of work in progress inventory is equal to the value of material provided by the Company plus all conversion work performed by third party suppliers. </div> <div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Property and equipment </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Recognition and measurement </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Items of property and equipment are recognized at cost less accumulated depreciation and accumulated impairment losses. Cost includes expenditures that are directly attributable to the acquisition of the asset and the costs of dismantling and removing the item and restoring the site on which it is located, if any. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Gains and losses on disposal of an item of property and equipment are determined by comparing the proceeds from disposal with the carrying amount of property and equipment and are recognized in net profit or loss. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="display:inline;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Subsequent costs </div></div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The cost of replacing a part of an item of property and equipment is recognized in the carrying amount of the item if it is probable that the future economic benefits embodied within the part will flow to the Company and its cost can be measured reliably. The carrying amount of the replaced part is derecognized. The costs of the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">day-to-day</div></div> servicing of items of property and equipment are recognized in net profit or loss as incurred. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Depreciation </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The methods of depreciation and d<div style="letter-spacing: 0px; top: 0px;display:inline;">epr</div>eciation rates and periods are as follows: </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div><div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:99%;border:0;margin-left:auto"> <tr> <td style="width:3%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:42%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:20%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:28%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:3%"></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Asset</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Method</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Rate/period</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="2" style="height:12pt"></td> <td colspan="2" style="height:12pt"></td> <td colspan="2" style="height:12pt"></td> <td colspan="2" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Computer equipment</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top;white-space:nowrap;text-align:right">Declining balance</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top;white-space:nowrap;text-align:right">50%</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Laboratory equipment</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;"><div style="-sec-ix-hidden:hidden131471836;display:inline;">Declining balance</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">straight-line</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">20%</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">5 years</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Office furniture and equipment</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top;white-space:nowrap;text-align:right">Declining balance</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top;white-space:nowrap;text-align:right">20%</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:12pt ;BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Leasehold improvements</div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:12pt ;BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top;white-space:nowrap;text-align:right">Straight-line</td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:12pt ;BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;"><div style="-sec-ix-hidden:hidden131471842;display:inline;">Lower of lease term</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">and economic life</div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"> </td></tr></table></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The method of depreciation is selected based on the most closely expected pattern of consumption of the future economic benefits embodied in the asset. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Estimates for depreciation methods, useful lives and residual values are reviewed at each <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">year-end</div> and adjusted if appropriate. </div> <div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Intangible assets </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Research and development </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Expenditure on research activities, undertaken with the prospect of gaining new scientific or technical knowledge and understanding, is expensed as incurred. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div style="clear:both;max-height:0pt;text-indent: 0px;"></div><div style="font-family: Calibri; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></div><div style="font-family: Calibri; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="display:inline;"></div></div><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></div><div style="margin-top: 1em; margin-bottom: 1em"></div><div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: arial; text-align: justify;">Development activities involve a plan or design for the production of new or substantially improved products and processes. A development expenditure is capitalized only if development costs can be measured reliably, the product or process is technically and commercially feasible, future economic benefits are probable and the Company intends to and has sufficient resources to complete development and to use or sell the asset. These criteria are usually met when a regulatory filing has been made in a major market and approval is considered highly probable. The expenditure capitalized includes the cost of materials, direct labour, and overhead costs that are directly attributable to preparing the asset for its intended use. Other development expenditures are expensed as incurred. Capitalized development expenditures are measured at cost, less accumulated amortization and accumulated impairment losses. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">During the years ended November 30, 2024, 2023 and 2022, no development expenditures were capitalized. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-refundable</div> advance payments for good and services that will be used in future research and development activities are expenses when the activity has been performed rather than when the payment is made. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Commercialization rights and oncology platform </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Commercialization rights and the oncology platform acquired by the Company have finite useful lives and are measured at cost less accumulated amortization and any accumulated impairment losses. Commercialization rights – <div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">EGRIFTA SV</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div> – are amortized at fixed rates based on their estimated useful life of <div style="font-size:10pt;display:inline;">111</div> months on a <div style="white-space:nowrap;display:inline;">straight-line</div> basis. Commercialization rights – Trogarzo<div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div> North American Territory – are amortized at fixed rates based on their estimated useful life of <div style="font-size:10pt;display:inline;">142</div> months on a <div style="white-space:nowrap;display:inline;">straight-line</div> basis. Commercialization rights – Trogarzo<div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px"> </div>European Territory – were amortized at fixed rates based on their estimated useful life of <div style="font-size:10pt;display:inline;">148</div> months on a straight-line basis. They were fully amortized during the year ended November 30, 2022. Refer to Note 13. </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The amortization method and useful life of intangible assets are reviewed every year and adjusted as required. </div> <div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Asset acquisitions </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Asset acquisitions are acquisitions that do not qualify as business combinations. At the date of acquisition, the Company initially recognizes the individual identifiable assets acquired and liabilities assumed. The cost to the Company at the date of the acquisition is allocated to the individual identifiable assets and liabilities on the basis of their relative fair values at the date of the acquisition. Subsequent consideration for performance-related development milestones is recognized as intangible assets when the specific milestones have been achieved and other recognition criteria are met. Subsequent payments related to activity or usage of an asset, including sales royalties, are expensed as incurred. Asset acquisition transactions do not give rise to goodwill. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div style="text-align: justify;font-family: arial;font-size: 10pt;margin-top: 12pt;margin-bottom: 0pt;margin-left: 3%;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">Oncology platform -Milestones payments</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The purchase consideration for th<div style="display:inline;">e </div>oncology platform (Note 13) includes additional milestone payments based on the attainment of scientific milestones that will be settled through the issuance of the Company’s common shares, which represent a transaction in the scope of IFRS 2. Accordingly, the fair value of the oncology platform at the date of acquisition incorporates management’s judgement as to the probability of attaining the share-based milestones as well as the expected timing of the attainment of the milestones. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Management uses judgement in determining whether milestone payments are performance-related development milestones which are capitalized as an intangible asset or are milestones related to the activity or usage of an asset which are expensed. </div> <div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Impairment of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-financial</div> assets </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The carrying amounts of the Company’s <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-financial</div> assets, other than inventories and deferred tax assets, are reviewed at each reporting date to determine whether there is any indication of impairment. If such an indication exists, the recoverable amount is estimated. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">For the purpose of impairment testing, assets are grouped together into the smallest group of assets that generates cash inflows from continuing use that are largely independent of cash inflows from other assets or groups of assets <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">(“Cash-Generating</div> Unit”). The recoverable amount of an asset or a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Cash-Generating</div> Unit is the greater of its value in use and its fair value less costs to sell. In assessing value in use, the estimated future cash flows are discounted to their present value using a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">pre-tax</div> discount rate that reflects current market assessments of the time value of money and the risks specific to the asset or the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Cash-Generating</div> Unit (“CGU”). </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Impairment losses recognized in prior years are determined by the Company at each reporting date for any indications that the loss has decreased or no longer exists. An asset’s carrying amount, increased through the reversal of an impairment loss, must not exceed the carrying amount that would have been determined, net of depreciation or amortization, if no impairment loss had been recognized. </div> <div style="font-weight:bold;display:inline;"> </div><div style="font-family: Calibri; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: Calibri; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Financial instruments </div></div></div></div><div style="font-weight:bold;display:inline;"> </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The Company initially recognizes financial assets on the trade date at which the Company becomes a party to the contractual provisions of the instrument. Financial assets are initially measured at fair value. If the financial asset is not subsequently accounted for at fair value through profit or loss, then the initial measurement includes transaction costs that are directly attributable to the asset’s acquisition or issue. On initial recognition, the Company classifies its financial assets as measured at amortized cost, FVOCI or fair value through profit or loss (“FVPL”), depending on its business model for managing the financial assets and the contractual cash flow characteristics of the financial assets. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; text-indent: 0px;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">(i) Financial assets measured at amortized cost </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">A financial asset is measured at amortized cost, using the effective interest method and net of any impairment loss, if it meets both of the following conditions and is not designated at fair value though profit or loss: </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">it is held within a business model whose objective is to hold assets to collect contractual cash flows;</div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">its contractual terms give rise, on specified dates, to cash flows that are solely payments of principal and interest on the principal amount outstanding. </div></td></tr></table><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">The Company currently classifies its cash, restricted cash and trade and other receivables as financial assets measured at amortized cost. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">(ii) Financial assets, measured at fair value through other comprehensive income </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">A debt investment is measured at fair value through other comprehensive income if it meets both of the following conditions and is not designated at fair value through profit or loss: </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">(ii) Financial assets, measured at fair value through other comprehensive income (continued) </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">it is held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets; </div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">its contractual terms give rise, on specified dates, to cash flows that are solely payments of principal and interest on the principal amount outstanding. </div></td></tr></table><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">These assets are subsequently measured at fair value. Interest income calculated using the effective interest method, foreign exchange gains and losses and impairment are recognized in profit or loss. Other net gains and losses are recognized in other comprehensive income (loss). When an investment is derecognized, gains or losses accumulated in other comprehensive income (loss) are reclassified to profit or loss. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">On initial recognition of an equity investment that is not held for trading, the Company may irrevocably elect to present subsequent changes in the investment’s fair value in other comprehensive income (loss). </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">This election is made on an <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">investment-by-investment</div></div> basis. These assets are subsequently measured at fair value. Dividends are recognized in profit or loss, unless the dividend clearly represents a repayment of part of the cost of the investment, and other net gains and losses are recognized in other comprehensive income (loss) and are never reclassified in profit or loss. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5%;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;">The Company currently classifies its bonds as financial assets measured at FVOCI.</div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">(iii) Financial assets measured at fair value through profit or loss </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">All financial assets not classified as measured at amortized cost or FVOCI as described above are measured at FVPL. These assets are subsequently measured at fair value and changes therein, including any interest or dividend income, are recognized in profit or loss. The Company currently classifies its money market funds and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-hedge</div> derivative financial assets as financial assets measured at FVPL. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">The Company derecognizes a financial asset when the contractual rights to the cash flows from the asset expire, or it transfers the rights to receive the contractual cash flows on the financial asset in a transaction in which substantially all the risks and rewards of ownership of the financial asset are transferred. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">(iv) Financial liabilities </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">Financial liabilities are classified into the following categories: </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">Financial liabilities at fair value through profit or loss </div></td></tr></table><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">A financial liability is classified at fair value through profit or loss if it is classified as <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">held-for-trading,</div></div> it is a derivative or it is designated as such on initial recognition. Financial liabilities at fair value are measured at fair value and net gains and losses, including interest expense, are recognized in profit or loss. </div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 5%;text-indent: 0px;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">The Company issued the Marathon Warrants (as defined in Note 19 (c)) which are classified as financial liabilities through profit or loss because the exercise can be made on a cashless basis. All transaction costs related to financial instruments designated at fair value through profit or loss are expensed as incurred. </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">The Company currently has no other financial liabilities measured at FVPL. </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">Financial liabilities measured at amortized cost </div></td></tr></table><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">This category includes all financial liabilities, other than those measured at FVPL. A financial liability is subsequently measured at amortized cost using the effective interest method. The Company currently classifies accounts payable and accrued liabilities, convertible unsecured senior notes and Loan Facility as financial liabilities measured at amortized cost. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">The Company derecognizes a financial liability when its contractual obligations are discharged or cancelled or expired. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="display:inline;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"></div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"></div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">(v) Compound financial instruments </div></div></div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 5%;text-indent: 0px;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Compound<div style="display:inline;"> </div></div></div><div style="font-size: 10pt;display:inline;">financial instruments are instrum</div>en<div style="font-size: 10pt;display:inline;">ts that contain both a liability component and an equity component, and the liability component can be converted into share capital at the option of the holder and the number of shares to be issued does not vary with changes in their fair value.</div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">The liability component of a compound financial instrument is recognized initially at the fair value of a similar liability that does not have an equity conversation option. The equity component is recognized initially as the difference between the fair value of the compound financial instrument as a whole and the fair value of the liability component. Upon repurchase, the proceeds are allocated based on the same basis that was used for the initial recognition. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">Any directly attributable transaction costs are allocated to the liability and equity components in proportion to their initial carrying amounts. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">(vi) Derivative financial instruments </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">Derivative financial instruments are recorded as either assets or liabilities measured at their fair value unless exempted from derivative treatment as a normal purchase and sale. Certain derivatives embedded in other contracts must also be measured at fair value. The changes in the fair value of derivatives are recognized through profit or loss in the year in which they occur. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">(vii) Offsetting of financial instruments </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">Financial assets and financial liabilities are offset and the net amount is presented in the consolidated statement of financial position when, and only when, the Company has a legal right to set off the amounts and intends either to settle them on a net basis or to realize the asset and settle the liability simultaneously. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">At each reporting date, the Company recognizes loss allowances for expected credit losses (“ECLs”) on financial assets carried at amortized cost and debt securities at FVOCI. The Company’s trade and other receivables are accounts receivable with no financing component and which have maturities of less than 12 months and, as such, the Company has chosen to apply the simplified approach for ECL. As a result, the Company does not track changes in credit risk related to its trade and other receivables, but instead recognizes a loss allowance based on lifetime ECLs at each reporting date. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="display:inline;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">(viii) Impairment of financial assets </div></div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">For other financial assets subject to impairment, the Company measures loss allowances at an amount equal to lifetime ECLs, except for the following, which are measured at <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">12-month</div> ECLs: </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">debt securities that are determined to have low credit risk at the reporting date; </div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">other debt securities and bank balances for which credit risk (i.e. the risk of default occurring over the expected life of the financial instrument) has not increased significantly since initial recognition. </div></td></tr></table><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">The Company considers a debt security to have a low credit risk when its credit risk rating is equivalent or above investment grade credit rating, such as its bonds classified at FVOCI. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">The Company’s approach to ECLs reflects a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">probability-weighted</div> outcome, the time value of money and reasonable and supportable information that is available without undue cost or effort at the reporting date about past events, current conditions and forecasts of future economic conditions. </div> <div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Leases </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">At inception, the Company assesses whether a contract is, or contains, a lease based on whether the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The Company recognizes a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">right-of-use</div></div> asset and a lease liability at the commencement date of the lease, i.e. the date the underlying asset is available for use. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Right-of-use</div></div> assets</div> </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">Right-of-use</div></div> assets are measured at cost, less any accumulated amortization and accumulated impairment losses, and adjusted for remeasurement of lease liabilities. Cost of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">right-of-use</div></div> assets comprises: </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">the initial measurement amount of the lease liabilities recognized; </div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">any lease payments made at or before the commencement date, less any lease incentives received; </div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">any initial direct costs incurred; </div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">an estimate of costs to dismantle and remove the underlying asset, restore the site on which it is located or restore the underlying asset to the condition required by the terms and conditions of the lease contract. </div></td></tr></table><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div></div><div><div style="line-height:normal;display: inline;"></div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3%;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space: nowrap;text-indent: 0px;display:inline;">Right</div></div></div><div style="letter-spacing: 0px; font-size: 10pt; white-space: nowrap; top: 0px;display:inline;">-of-use</div><div style="letter-spacing: 0px; font-size: 10pt; top: 0px;display:inline;"> assets are amortized on a </div><div style="letter-spacing: 0px; font-size: 10pt; white-space: nowrap; top: 0px;display:inline;">straight-line</div><div style="letter-spacing: 0px; font-size: 10pt; top: 0px;display:inline;"> basis over the lesser of (i) the estimated useful life of the underlying assets; and (ii) the lease term. </div><div style="letter-spacing: 0px; font-size: 10pt; white-space: nowrap; top: 0px;display:inline;">Right-of-use</div><div style="letter-spacing: 0px; font-size: 10pt; top: 0px;display:inline;"> assets are assessed for impairment whenever there is an indication that the </div><div style="letter-spacing: 0px; font-size: 10pt; white-space: nowrap; top: 0px;display:inline;">right-of-use</div><div style="letter-spacing: 0px; font-size: 10pt; top: 0px;display:inline;"> assets may be impaired.</div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">Lease liabilities</div> </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Lease liabilities are initially mea<div style="letter-spacing: 0px; top: 0px;display:inline;">su</div>red at the present value of the lease payments that are<div style="letter-spacing: 0px; top: 0px;display:inline;"> n</div>ot paid at the commencement date over the lease term. The present value of the lease payments is determined using the lessee’s incremental borrowing rate at the commencement date if the interest rate implicit in the lease is not readily determinable. The incremental borrowing rate is a function of the lessee’s incremental borrowing rate, the nature of the underlying asset, the location of the asset, the length of the lease and the currency of the lease contract. Generally, the Company uses the lessee’s incremental borrowing rate for the present value. At the commencement date, lease payments generally include fixed payments, less any lease incentives receivable, variable lease payments that depend on an index (e.g. based on inflation index) or a specified rate, and payments of penalties for terminating the lease, if the lease term reflects the lessee exercising the option to terminate the lease. Lease payments also include amounts expected to be paid under residual value guarantees and the exercise price of a purchase option if the Company is reasonably certain to exercise that option. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Variable lease payments that do not depend on an index or a specified rate are not included in the measurement of lease liabilities but instead are recognized as expenses in the period in which the event or condition that triggers the payment occurs. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">After the commencement date, the carrying amount of lease liabilities is increased to reflect the accretion of interest and reduced to reflect lease payments made. In addition, the carrying amount of lease liabilities is remeasured when there is a change in future lease payments arising from a change in an index or specified rate, if there is a modification to the lease terms and conditions, a change in the estimate of the amount expected to be payable under residual value guarantee, or if the Company changes its assessment of whether it will exercise a termination, extension or purchase option. The remeasurement amount of the lease liabilities is recognized as an adjustment to the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">right-of-use</div></div> asset, or in the consolidated statement of comprehensive loss when the carrying amount of the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">right-of-use</div></div> asset is reduced to zero. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">Classification and presentation of <div style="white-space:nowrap;display:inline;">lease-related</div> expenses</div> </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Amortization charge for <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">right-of-use</div></div> assets, expenses related to variable lease payments not included in the measurement of lease liabilities and loss (gain) related to lease modifications are allocated in the Company’s consolidated statement of comprehensive loss based on their function within the Company, while interest expense on lease liabilities is presented within finance costs. </div> <div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div style="clear:both;max-height:0pt;text-indent: 0px;"></div><div style="font-family: Calibri; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: Calibri; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Deferred financing costs </div></div></div></div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="font-family: arial; font-size: 10pt; text-align: justify;display:inline;">Deferred financing costs consists of fees charged by underwriters, attorneys, accountants, and other fees directly attributable to future issuances of shares or </div>debt <div style="font-family: arial; font-size: 10pt; text-align: justify;display:inline;">securities. Provided these costs are determined to be recoverable, these costs are deferred and charged subsequently against the gross proceeds of the related equity or debt issuance on a proportionate basis when it occurs. If at such time the Company deems that these costs are no longer recoverable, they will be expensed as a component of finance expenses.</div><br/></div> <div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Deferred transaction costs </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Deferred transaction costs consist of attorneys, accountants, and other fees directly attributable to future asset acquisition. Provided these costs are determined to be recoverable, these costs are deferred and charged subsequently against the cost of the asset acquisition, when it occurs. If at such time the Company deems that these costs are no longer recoverable, they will be expensed. </div> <div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Provisions </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">A provision is recognized if, as a result of a past event, the Company has a present legal or constructive obligation that can be estimated reliably, and it is probable that an outflow of economic benefits will be required to settle the obligation. Provisions are assessed by discounting the expected future cash flows at a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">pre-tax</div> rate that reflects current market assessments of the time value of money and the risks specific to the liability. The unwinding of the discount on provisions is recognized in finance costs. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Chargebacks and rebates </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Chargebacks and rebates are estimated based on historical experience, relevant statutes with respect to governmental pricing programs, and contractual sales terms. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Returns </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Provisions for returns are estimated based on historical return levels, taking into account additional available information on contract changes. The Company reviews its methodology and adequacy of the provision for returns on a quarterly basis, adjusting for changes in assumptions, historical results and business practices, as necessary. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Contingent liability </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">A contingent liability is a possible obligation that arises from past events and whose existence will be confirmed only by the occurrence or <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-occurrence</div> of one or more uncertain future events not wholly within the control of the Company, or a present obligation that arises from past events (and therefore exists) but is not recognized because it is not probable that a transfer or use of assets, provision of services or any other transfer of economic benefits will be required to settle the obligation, or because the amount of the obligation cannot be estimated reliably. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div> <div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div style="clear:both;max-height:0pt;text-indent: 0px;"></div> <div style="font-family: Calibri; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: Calibri; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Income taxes </div></div></div></div><div style="font-weight:bold;display:inline;"> </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Income tax expense c<div style="letter-spacing: 0px; top: 0px;display:inline;">omp</div>rises current and deferred taxes. Current tax and deferred tax are recognized in net loss except to the extent that they relate to items recognized directly in other comprehensive income (loss) or in equity. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Current tax </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Current tax is the expected tax payable or receivable on the taxable income or loss for the year and any adjustment to tax payable in respect of previous years. The Company establishes provisions where appropriate on the basis of amounts expected to be paid to the tax authorities. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Deferred tax </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Deferred tax is recognized in respect of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes and deferred tax losses that can be used against taxable profit in future years. Deferred tax is measured at the tax rates that are expected to be applied to temporary differences when they reverse and to fiscal losses when they will be used, based on the laws that have been enacted or substantively enacted by the reporting date. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">A deferred tax liability is generally recognized for all taxable temporary differences. A deferred tax asset is recognized for unused tax losses and deductible temporary differences to the extent that it is probable that future taxable profits will be available against which they can be used. Deferred tax assets are reviewed at each reporting date and are reduced to the extent that it is no longer probable that the related tax benefit will be realized. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Deferred income tax is not recognized for the following temporary differences: the initial recognition of assets or liabilities in a transaction that is not a business combination and that affects neither accounting or taxable profit or loss at the time of the transaction, and, where the timing of the reversal of the temporary difference is controlled by the Company and it is probable that the temporary difference will not reverse in the foreseeable future. In addition, deferred tax is not recognized for taxable temporary differences arising from the initial recognition of goodwill. </div> <div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div style="clear:both;max-height:0pt;text-indent: 0px;"></div><div style="font-family: Calibri; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Share-based</div> compensation </div></div></div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Share option plan </div></div></div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="font-size: 10pt;display:inline;">The Company records </div><div style="font-size: 10pt; white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">share-based</div><div style="font-size: 10pt;display:inline;"> compensation related to options gr</div>ant<div style="font-size: 10pt;display:inline;">ed using the </div><div style="font-size: 10pt; white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">fair-value-based</div><div style="font-size: 10pt;display:inline;"> method estimated using the </div><div style="font-size: 10pt; white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Black-Scholes</div><div style="font-size: 10pt;display:inline;"> model. Under this method, compensation cost is measured at fair value at the date of grant and expensed over the period in which optionees unconditionally become entitled to the Options. The amount recognized as an expense is adjusted to reflect the number of Options for which the related service conditions are expected to be met, such that the amount ultimately recognized as an expense is based on the number of Options that do meet the related service conditions at the vesting date.</div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Share-based</div> payment arrangements in which the Company receives services as consideration for its own equity instruments are accounted for as <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">equity-settled</div> <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">share-based</div> payment transactions, regardless of how the equity instruments are obtained by the Company. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Deferred stock unit plan </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The deferred stock units (“DSUs”) are totally vested on the date of grant and are settled in cash. When DSUs are granted to officers as part of their annual bonuses, a DSU liability is recorded on the date of grant at the market value of the common shares in place of the liability for the bonus payments. When DSUs are granted to directors as part of their annual compensation in lieu of cash, the expense related to DSUs and their liabilities are recognized on the date of grant. The liability is adjusted to reflect any change in the market value of common shares, and such change is recorded in finance costs. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Stock appreciation rights<div style="font-family: Calibri; background: none; letter-spacing: 0px; top: 0px;display:inline;"><div style="background: none; text-decoration: none;display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;">plan </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Stock appreciation rights (“SARs”) entitle the grantee to a cash payment based on the increase in the share price of the Company’s common shares from the grant date to the settlement date. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">A liability is recognized for the services acquired and is recorded at the fair value of the SARs in other <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-current</div> liabilities, with a corresponding expense recognized in selling expenses over the period that the grantees become unconditionally entitled to the payment. The fair value of the employee benefits expense of the SARs is measured using the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Black-Scholes</div> model. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Cash-settled</div> stock appreciation rights<div style="font-family: Calibri; background: none; letter-spacing: 0px; top: 0px;display:inline;"><div style="background: none; text-decoration: none;display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Estimating fair value requires determining the most appropriate inputs to the valuation model including the expected life of the SARs, volatility, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">risk-free</div> interest rate and dividend yield and making assumptions about them. At the end of each reporting period until the liability is settled, the fair value of the liability is remeasured, with any changes in fair value recognized in the consolidated statement of net earnings (loss) and comprehensive earnings (loss) of the current year. </div> <div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div style="clear:both;max-height:0pt;text-indent: 0px;"></div><div style="font-family: Calibri; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: Calibri; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Research and development tax credits </div></div></div></div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="font-family: arial; font-size: 10pt; text-align: justify;display:inline;">The Company elected to account for </div><div style="font-family: arial; font-size: 10pt; text-align: justify; white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-refundable</div><div style="font-family: arial; font-size: 10pt; text-align: justify;display:inline;"> research and development tax credits under IAS 20, </div><div style="font-size: 10pt; text-align: justify; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Accounting for Government Grants and Disclosure of Governmental Assistance</div></div><div style="font-family: arial; font-size: 10pt; text-align: justify; letter-spacing: 0px; top: 0px;display:inline;">. <div style="white-space:nowrap;display:inline;">Non-refundable</div> research and development tax credits are included in earnings against gross research and development expenses or deducted from the related assets, provided there is reasonable assurance that the Company has complied and will comply with the conditions related to the tax credits and that the credits will be received.</div><br/></div> <div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Share capital </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Common shares </div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Common shares, subscription receipts and Public Offering Warrants are classified as equity. (Refer to Note 19 (a)) </div></div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Transaction costs </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Costs directly attributable to the issue of common shares and equity classified warrants and subscription receipts are recognized in equity, net of any tax effects. </div> <div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Earnings per share </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The Company presents basic and diluted earnings per share (“EPS”) data for its common shares. Basic EPS is calculated by dividing the net profit or loss attributable to common shareholders of the Company by the weighted average number of common shares outstanding during the year. Diluted EPS is determined by adjusting the profit or loss attributable to common shareholders by taking the weighted average number of common shares outstanding and taking into consideration all dilutive potential common shares, which consist of any outstanding Options, warrants, subscription receipts and convertible unsecured senior notes. </div> <div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div style="clear:both;max-height:0pt;"></div><div style="font-family: Calibri; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: Calibri; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Standards issued but not yet effective </div></div></div></div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;"><div style="font-size: 10pt;display:inline;">A number of new standar</div>d<div style="font-size: 10pt;display:inline;">s are effective for annual periods beginning after December 1, 2024 and earlier application is permitted; however, the Company has not early adopted the new or amended standards in preparing these Financial Statements.</div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">Classification of Liabilities as Current or <div style="white-space:nowrap;display:inline;">Non-current</div> (Amendments to IAS 1)</div> </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">For the purposes of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-current</div> classifi<div style="letter-spacing: 0px; top: 0px;display:inline;">cat</div>ion, the amendments removed the requirement for a right to defer settlement or roll over of a liability for at least twelve months to be unconditional. Instead, such a right must exist at the end of the reporting period and have substance. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The amendments reconfirmed that only covenants with which a company must comply on or before the reporting date affect the classification of a liability as current or <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-current.</div> Covenants with which a company must comply after the reporting date do not affect a liability’s classification at that date. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The amendments also clarify how a company classifies a liability that includes a counterparty conversion option. The amendments provide that: settlement of a liability includes transferring a company’s own equity instruments to the counterparty; and when classifying liabilities as current or <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-current</div> a company can ignore only those conversion options that are recognized as equity. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The amendments will be effective for the Company’s annual reporting period beginning on December 1, 2025. The adoption of the standard will have no impact on the financial statements. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">IFRS 18,<div style="font-family:Calibri;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Presentation and Disclosure in Financial Statements</div></div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">IFRS 18 will replace IAS 1 Presentation of Financial Statements and applies for annual reporting periods beginning on or after 1 January 2027. The new standard introduces the following key new requirements. </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">Entities are required to classify all income and expenses into five categories in the statement of profit or loss, namely the operating, investing, financing, discontinued operations and income tax categories. </div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">Entities are also required to present a newly-defined operating profit subtotal. Entities’ net profit will not change. </div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">Management-defined performance measures (“MPMs”) are disclosed in a single note in the financial statements. </div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">Enhanced guidance is provided on how to group information in the financial statements. </div></td></tr></table><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">In addition, all entities are required to use the operating profit subtotal as the starting point for the statement of cash flows when presenting operation cash flows under the indirect method. </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The Company is still in the process of assessing the impact of the new standard, particularly with respect to the structure of the Company’s statement of profit or loss, the statement of cash flows and the additional disclosures requires for MPMs. The Company is also assessing the impact on how information is grouped in the financial statements. </div>

<div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Foreign currencies </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Transactions in foreign currencies are translated to the functional currency at exchange rates in effect at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies at the reporting date are translated to the functional currency at the exchange rate in effect at that date. The foreign currency gain or loss on monetary items is the difference between amortized cost in the functional currency at the beginning of the reporting year, adjusted for effective interest and payments during the reporting year, and the amortized cost in foreign currency translated at the exchange rate in effect at the end of the reporting year. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-monetary</div> assets and liabilities denominated in foreign currencies that are measured at fair value are translated to the functional currency at the exchange rate in effect at the date on which the fair value was determined. <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-monetary</div> items that are measured at historical cost in a foreign currency are translated using the exchange rate in effect at the date of the transaction. Foreign currency differences arising on translation are recognized in net profit, except for differences arising on the translation of FVOCI financial instruments, which are recognized in other comprehensive income (loss). </div><div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Foreign operations </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The assets and liabilities of foreign operations whose functional currency is not the US$ are translated into US$ at the reporting date. The income and expenses of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">foreign-currency</div> denominated operations are translated at average rates for each reporting period. Foreign exchange differences arising on the translation of foreign operations are recognized directly in other comprehensive income (loss). When a foreign subsidiary is disposed of, the cumulative amount recognized in the currency translative reserve forms part of the gain or loss on disposal. </div>

<div style="font-family: Calibri; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: Calibri; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Revenue recognition </div></div></div></div><div style="font-weight:bold;display:inline;"> </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Revenue from contracts with customers – Net sales </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The Company derives revenue from the sales of finished goods, which include Trogarzo<div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px"> </div>and <div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">EGRIFTA SV</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div>. The Company recognizes revenue at a point in time when it transfers title of the finished goods to a customer, which generally occurs upon delivery of the finished goods to the customer’s premises. Payment received from customers prior to the transfer of control of the goods is recorded as deferred revenue. </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Some arrangements for the sale of finished goods provide for customer cash discounts for prompt payment, allowances, rights of return, rebates on sales made under governmental and commercial rebate programs, chargebacks on sales made to government agencies and retail pharmacies and distribution fees, including potential clawbacks in certain jurisdictions when pricing terms are based on temporary use authorizations and thus subject to future negotiation which gives rise to variable consideration. At the time of sale, estimates are made for items giving rise to variable consideration based on the terms of the arrangement. The variable consideration is estimated at contract inception using the most likely amount method and revenue is only recognized to the extent that a significant reversal of revenue is not expected to occur. The estimate is based on historical experience, current trends, contractual terms with distributors and other known factors. Sales are recorded net of customer discounts, rebates, chargebacks, distribution fees and estimated sales returns, and exclude sales taxes. A refund liability and a right to recover returned goods asset are recognized for expected returns in relation to sales made before the end of the reporting period. The right to recover returned goods asset is measured at the former carrying amount of the inventory less any expected costs to recover goods. The Company reviews its estimate of variable consideration, including expected returns, on a quarterly basis, adjusting for the amounts of the asset and liability accordingly. </div>

<div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Cost of sales </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Cost of goods sold </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Cost of goods sold includes the cost of raw materials, supplies, direct labour and overhead charges allocated to goods sold as well as write-downs of inventories. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Amortization of the other asset </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The amortization of the other asset related to the repurchase of the future royalty rights under the agreement with EMD Serono, Inc. to settle all outstanding cash payment obligations stemming from a termination and transfer agreement dated December 13, 2013. </div>

<div style="font-family: Calibri; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: Calibri; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Employee benefits </div></div></div></div><div style="font-weight:bold;display:inline;"> </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Salaries and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">short-term</div> employee benefits </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Salaries and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">short-term</div> employee benefit obligations are measured on an undiscounted basis and are expensed as the related service is provided. A liability is recognized for the amount expected to be paid under <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">short-term</div> <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">profit-sharing</div> or cash bonus plans if the Company has a legal or constructive obligation to pay an amount as a result of past services rendered by an employee and the obligation can be estimated reliably. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Post-employment</div> benefits </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Post-employment</div> benefits include a defined contribution plan under which an entity pays fixed contributions into a separate entity and will have no legal or constructive obligation to pay further amounts. Obligations for contributions to defined contribution plans are recognized as an employee benefit expense when due. Prepaid contributions are recognized as an asset to the extent that a cash refund or a reduction in future payments is available. The Company’s defined contribution plan comprises the registered retirement savings plan, the Quebec Pension Plan and employment insurance. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Termination benefits </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Termination benefits are recognized as an expense when the Company is committed demonstrably, without realistic possibility of withdrawal, to a formal detailed plan to either terminate employment before the normal retirement date or to provide termination benefits as a result of an offer made to encourage voluntary redundancy. </div>

<div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Finance income and finance costs </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Finance income comprises interest income on financial assets and gains on the disposal of financial assets and financial liabilities. Interest income is recognized as it accrues in net loss using the effective interest method. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Finance costs comprise bank charges, interest and accretion expense on lease liabilities, convertible unsecured senior notes, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">long-term</div> loans and obligations and deferred financing costs, impairment losses on financial assets recognized in net loss, changes in fair value of liabilities and derivatives, unrealized foreign currency gain or loss on <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">long-term</div> obligations, loss on long-term obligations modifications and other foreign currency gains and losses which are reported on a net basis. </div>

<div style="font-family: Calibri; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: Calibri; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Inventories </div></div></div></div><div style="font-weight:bold;display:inline;"> </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Inventories are presented at the lower of cost, determined using the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">first-in,</div> <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">first-out</div> method, and net realizable value. Inventory costs include the purchase price and other costs directly related to the acquisition of materials and other costs incurred in bringing the inventories to their present location and condition. The Company is responsible for coordinating the production and stability testing and for auditing suppliers at different times during the manufacturing process. Inventory costs also include the costs directly related to the conversion of materials into finished goods. Net realizable value is the estimated selling price in the Company’s ordinary course of business less the estimated costs of completion and selling expenses. In determining whether the inventory cost exceeds its net realizable value for <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">pre-launch</div> inventory, the Company considers whether there is a high probability of regulatory approval for the product. In making that determination, the Company considers prior history with approvals of similar products, estimated timing of obtaining regulatory approval, regulatory agencies correspondence regarding safety and efficacy of the product and current market factors. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Work in progress inventory appears from the moment third party suppliers use the material provided by the Company until the time the Company receives the finished product. The value of work in progress inventory is equal to the value of material provided by the Company plus all conversion work performed by third party suppliers. </div>

<div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Property and equipment </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Recognition and measurement </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Items of property and equipment are recognized at cost less accumulated depreciation and accumulated impairment losses. Cost includes expenditures that are directly attributable to the acquisition of the asset and the costs of dismantling and removing the item and restoring the site on which it is located, if any. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Gains and losses on disposal of an item of property and equipment are determined by comparing the proceeds from disposal with the carrying amount of property and equipment and are recognized in net profit or loss. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="display:inline;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Subsequent costs </div></div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The cost of replacing a part of an item of property and equipment is recognized in the carrying amount of the item if it is probable that the future economic benefits embodied within the part will flow to the Company and its cost can be measured reliably. The carrying amount of the replaced part is derecognized. The costs of the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">day-to-day</div></div> servicing of items of property and equipment are recognized in net profit or loss as incurred. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Depreciation </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The methods of depreciation and d<div style="letter-spacing: 0px; top: 0px;display:inline;">epr</div>eciation rates and periods are as follows: </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div><div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:99%;border:0;margin-left:auto"> <tr> <td style="width:3%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:42%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:20%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:28%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:3%"></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Asset</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Method</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Rate/period</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="2" style="height:12pt"></td> <td colspan="2" style="height:12pt"></td> <td colspan="2" style="height:12pt"></td> <td colspan="2" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Computer equipment</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top;white-space:nowrap;text-align:right">Declining balance</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top;white-space:nowrap;text-align:right">50%</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Laboratory equipment</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;"><div style="-sec-ix-hidden:hidden131471836;display:inline;">Declining balance</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">straight-line</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">20%</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">5 years</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Office furniture and equipment</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top;white-space:nowrap;text-align:right">Declining balance</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top;white-space:nowrap;text-align:right">20%</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:12pt ;BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Leasehold improvements</div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:12pt ;BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top;white-space:nowrap;text-align:right">Straight-line</td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:12pt ;BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;"><div style="-sec-ix-hidden:hidden131471842;display:inline;">Lower of lease term</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">and economic life</div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"> </td></tr></table></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The method of depreciation is selected based on the most closely expected pattern of consumption of the future economic benefits embodied in the asset. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Estimates for depreciation methods, useful lives and residual values are reviewed at each <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">year-end</div> and adjusted if appropriate. </div>

<div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The methods of depreciation and d<div style="letter-spacing: 0px; top: 0px;display:inline;">epr</div>eciation rates and periods are as follows: </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:99%;border:0;margin-left:auto"> <tr> <td style="width:3%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:42%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:20%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:28%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:3%"></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Asset</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Method</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Rate/period</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="2" style="height:12pt"></td> <td colspan="2" style="height:12pt"></td> <td colspan="2" style="height:12pt"></td> <td colspan="2" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Computer equipment</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top;white-space:nowrap;text-align:right">Declining balance</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top;white-space:nowrap;text-align:right">50%</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Laboratory equipment</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;"><div style="-sec-ix-hidden:hidden131471836;display:inline;">Declining balance</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">straight-line</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">20%</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">5 years</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Office furniture and equipment</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top;white-space:nowrap;text-align:right">Declining balance</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top;white-space:nowrap;text-align:right">20%</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:12pt ;BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Leasehold improvements</div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:12pt ;BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top;white-space:nowrap;text-align:right">Straight-line</td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:12pt ;BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;"><div style="-sec-ix-hidden:hidden131471842;display:inline;">Lower of lease term</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">and economic life</div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"> </td></tr></table>

Declining balance

0.50

0.20

P5Y

Declining balance

0.20

Straight-line

<div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Intangible assets </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Research and development </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Expenditure on research activities, undertaken with the prospect of gaining new scientific or technical knowledge and understanding, is expensed as incurred. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div> <div style="clear:both;max-height:0pt;text-indent: 0px;"></div><div style="font-family: Calibri; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></div><div style="font-family: Calibri; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="display:inline;"></div></div><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></div><div style="margin-top: 1em; margin-bottom: 1em"></div><div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: arial; text-align: justify;">Development activities involve a plan or design for the production of new or substantially improved products and processes. A development expenditure is capitalized only if development costs can be measured reliably, the product or process is technically and commercially feasible, future economic benefits are probable and the Company intends to and has sufficient resources to complete development and to use or sell the asset. These criteria are usually met when a regulatory filing has been made in a major market and approval is considered highly probable. The expenditure capitalized includes the cost of materials, direct labour, and overhead costs that are directly attributable to preparing the asset for its intended use. Other development expenditures are expensed as incurred. Capitalized development expenditures are measured at cost, less accumulated amortization and accumulated impairment losses. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">During the years ended November 30, 2024, 2023 and 2022, no development expenditures were capitalized. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-refundable</div> advance payments for good and services that will be used in future research and development activities are expenses when the activity has been performed rather than when the payment is made. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Commercialization rights and oncology platform </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Commercialization rights and the oncology platform acquired by the Company have finite useful lives and are measured at cost less accumulated amortization and any accumulated impairment losses. Commercialization rights – <div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">EGRIFTA SV</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div> – are amortized at fixed rates based on their estimated useful life of <div style="font-size:10pt;display:inline;">111</div> months on a <div style="white-space:nowrap;display:inline;">straight-line</div> basis. Commercialization rights – Trogarzo<div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div> North American Territory – are amortized at fixed rates based on their estimated useful life of <div style="font-size:10pt;display:inline;">142</div> months on a <div style="white-space:nowrap;display:inline;">straight-line</div> basis. Commercialization rights – Trogarzo<div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px"> </div>European Territory – were amortized at fixed rates based on their estimated useful life of <div style="font-size:10pt;display:inline;">148</div> months on a straight-line basis. They were fully amortized during the year ended November 30, 2022. Refer to Note 13. </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The amortization method and useful life of intangible assets are reviewed every year and adjusted as required. </div>

P111M

P142M

P148M

<div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Asset acquisitions </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Asset acquisitions are acquisitions that do not qualify as business combinations. At the date of acquisition, the Company initially recognizes the individual identifiable assets acquired and liabilities assumed. The cost to the Company at the date of the acquisition is allocated to the individual identifiable assets and liabilities on the basis of their relative fair values at the date of the acquisition. Subsequent consideration for performance-related development milestones is recognized as intangible assets when the specific milestones have been achieved and other recognition criteria are met. Subsequent payments related to activity or usage of an asset, including sales royalties, are expensed as incurred. Asset acquisition transactions do not give rise to goodwill. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div> <div style="text-align: justify;font-family: arial;font-size: 10pt;margin-top: 12pt;margin-bottom: 0pt;margin-left: 3%;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">Oncology platform -Milestones payments</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The purchase consideration for th<div style="display:inline;">e </div>oncology platform (Note 13) includes additional milestone payments based on the attainment of scientific milestones that will be settled through the issuance of the Company’s common shares, which represent a transaction in the scope of IFRS 2. Accordingly, the fair value of the oncology platform at the date of acquisition incorporates management’s judgement as to the probability of attaining the share-based milestones as well as the expected timing of the attainment of the milestones. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Management uses judgement in determining whether milestone payments are performance-related development milestones which are capitalized as an intangible asset or are milestones related to the activity or usage of an asset which are expensed. </div>

<div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Impairment of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-financial</div> assets </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The carrying amounts of the Company’s <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-financial</div> assets, other than inventories and deferred tax assets, are reviewed at each reporting date to determine whether there is any indication of impairment. If such an indication exists, the recoverable amount is estimated. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">For the purpose of impairment testing, assets are grouped together into the smallest group of assets that generates cash inflows from continuing use that are largely independent of cash inflows from other assets or groups of assets <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">(“Cash-Generating</div> Unit”). The recoverable amount of an asset or a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Cash-Generating</div> Unit is the greater of its value in use and its fair value less costs to sell. In assessing value in use, the estimated future cash flows are discounted to their present value using a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">pre-tax</div> discount rate that reflects current market assessments of the time value of money and the risks specific to the asset or the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Cash-Generating</div> Unit (“CGU”). </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Impairment losses recognized in prior years are determined by the Company at each reporting date for any indications that the loss has decreased or no longer exists. An asset’s carrying amount, increased through the reversal of an impairment loss, must not exceed the carrying amount that would have been determined, net of depreciation or amortization, if no impairment loss had been recognized. </div>

<div style="font-weight:bold;display:inline;"> </div><div style="font-family: Calibri; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: Calibri; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Financial instruments </div></div></div></div><div style="font-weight:bold;display:inline;"> </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The Company initially recognizes financial assets on the trade date at which the Company becomes a party to the contractual provisions of the instrument. Financial assets are initially measured at fair value. If the financial asset is not subsequently accounted for at fair value through profit or loss, then the initial measurement includes transaction costs that are directly attributable to the asset’s acquisition or issue. On initial recognition, the Company classifies its financial assets as measured at amortized cost, FVOCI or fair value through profit or loss (“FVPL”), depending on its business model for managing the financial assets and the contractual cash flow characteristics of the financial assets. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; text-indent: 0px;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">(i) Financial assets measured at amortized cost </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">A financial asset is measured at amortized cost, using the effective interest method and net of any impairment loss, if it meets both of the following conditions and is not designated at fair value though profit or loss: </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">it is held within a business model whose objective is to hold assets to collect contractual cash flows;</div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">its contractual terms give rise, on specified dates, to cash flows that are solely payments of principal and interest on the principal amount outstanding. </div></td></tr></table><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">The Company currently classifies its cash, restricted cash and trade and other receivables as financial assets measured at amortized cost. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">(ii) Financial assets, measured at fair value through other comprehensive income </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">A debt investment is measured at fair value through other comprehensive income if it meets both of the following conditions and is not designated at fair value through profit or loss: </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">(ii) Financial assets, measured at fair value through other comprehensive income (continued) </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">it is held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets; </div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">its contractual terms give rise, on specified dates, to cash flows that are solely payments of principal and interest on the principal amount outstanding. </div></td></tr></table><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">These assets are subsequently measured at fair value. Interest income calculated using the effective interest method, foreign exchange gains and losses and impairment are recognized in profit or loss. Other net gains and losses are recognized in other comprehensive income (loss). When an investment is derecognized, gains or losses accumulated in other comprehensive income (loss) are reclassified to profit or loss. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">On initial recognition of an equity investment that is not held for trading, the Company may irrevocably elect to present subsequent changes in the investment’s fair value in other comprehensive income (loss). </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">This election is made on an <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">investment-by-investment</div></div> basis. These assets are subsequently measured at fair value. Dividends are recognized in profit or loss, unless the dividend clearly represents a repayment of part of the cost of the investment, and other net gains and losses are recognized in other comprehensive income (loss) and are never reclassified in profit or loss. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5%;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;">The Company currently classifies its bonds as financial assets measured at FVOCI.</div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">(iii) Financial assets measured at fair value through profit or loss </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">All financial assets not classified as measured at amortized cost or FVOCI as described above are measured at FVPL. These assets are subsequently measured at fair value and changes therein, including any interest or dividend income, are recognized in profit or loss. The Company currently classifies its money market funds and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-hedge</div> derivative financial assets as financial assets measured at FVPL. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">The Company derecognizes a financial asset when the contractual rights to the cash flows from the asset expire, or it transfers the rights to receive the contractual cash flows on the financial asset in a transaction in which substantially all the risks and rewards of ownership of the financial asset are transferred. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">(iv) Financial liabilities </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">Financial liabilities are classified into the following categories: </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">Financial liabilities at fair value through profit or loss </div></td></tr></table><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">A financial liability is classified at fair value through profit or loss if it is classified as <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">held-for-trading,</div></div> it is a derivative or it is designated as such on initial recognition. Financial liabilities at fair value are measured at fair value and net gains and losses, including interest expense, are recognized in profit or loss. </div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 5%;text-indent: 0px;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">The Company issued the Marathon Warrants (as defined in Note 19 (c)) which are classified as financial liabilities through profit or loss because the exercise can be made on a cashless basis. All transaction costs related to financial instruments designated at fair value through profit or loss are expensed as incurred. </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">The Company currently has no other financial liabilities measured at FVPL. </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">Financial liabilities measured at amortized cost </div></td></tr></table><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">This category includes all financial liabilities, other than those measured at FVPL. A financial liability is subsequently measured at amortized cost using the effective interest method. The Company currently classifies accounts payable and accrued liabilities, convertible unsecured senior notes and Loan Facility as financial liabilities measured at amortized cost. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">The Company derecognizes a financial liability when its contractual obligations are discharged or cancelled or expired. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="display:inline;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"></div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"></div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">(v) Compound financial instruments </div></div></div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 5%;text-indent: 0px;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Compound<div style="display:inline;"> </div></div></div><div style="font-size: 10pt;display:inline;">financial instruments are instrum</div>en<div style="font-size: 10pt;display:inline;">ts that contain both a liability component and an equity component, and the liability component can be converted into share capital at the option of the holder and the number of shares to be issued does not vary with changes in their fair value.</div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">The liability component of a compound financial instrument is recognized initially at the fair value of a similar liability that does not have an equity conversation option. The equity component is recognized initially as the difference between the fair value of the compound financial instrument as a whole and the fair value of the liability component. Upon repurchase, the proceeds are allocated based on the same basis that was used for the initial recognition. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">Any directly attributable transaction costs are allocated to the liability and equity components in proportion to their initial carrying amounts. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">(vi) Derivative financial instruments </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">Derivative financial instruments are recorded as either assets or liabilities measured at their fair value unless exempted from derivative treatment as a normal purchase and sale. Certain derivatives embedded in other contracts must also be measured at fair value. The changes in the fair value of derivatives are recognized through profit or loss in the year in which they occur. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">(vii) Offsetting of financial instruments </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">Financial assets and financial liabilities are offset and the net amount is presented in the consolidated statement of financial position when, and only when, the Company has a legal right to set off the amounts and intends either to settle them on a net basis or to realize the asset and settle the liability simultaneously. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">At each reporting date, the Company recognizes loss allowances for expected credit losses (“ECLs”) on financial assets carried at amortized cost and debt securities at FVOCI. The Company’s trade and other receivables are accounts receivable with no financing component and which have maturities of less than 12 months and, as such, the Company has chosen to apply the simplified approach for ECL. As a result, the Company does not track changes in credit risk related to its trade and other receivables, but instead recognizes a loss allowance based on lifetime ECLs at each reporting date. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="display:inline;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">(viii) Impairment of financial assets </div></div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">For other financial assets subject to impairment, the Company measures loss allowances at an amount equal to lifetime ECLs, except for the following, which are measured at <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">12-month</div> ECLs: </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">debt securities that are determined to have low credit risk at the reporting date; </div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">other debt securities and bank balances for which credit risk (i.e. the risk of default occurring over the expected life of the financial instrument) has not increased significantly since initial recognition. </div></td></tr></table><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">The Company considers a debt security to have a low credit risk when its credit risk rating is equivalent or above investment grade credit rating, such as its bonds classified at FVOCI. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:arial;text-align:justify">The Company’s approach to ECLs reflects a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">probability-weighted</div> outcome, the time value of money and reasonable and supportable information that is available without undue cost or effort at the reporting date about past events, current conditions and forecasts of future economic conditions. </div>

<div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Leases </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">At inception, the Company assesses whether a contract is, or contains, a lease based on whether the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The Company recognizes a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">right-of-use</div></div> asset and a lease liability at the commencement date of the lease, i.e. the date the underlying asset is available for use. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Right-of-use</div></div> assets</div> </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">Right-of-use</div></div> assets are measured at cost, less any accumulated amortization and accumulated impairment losses, and adjusted for remeasurement of lease liabilities. Cost of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">right-of-use</div></div> assets comprises: </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">the initial measurement amount of the lease liabilities recognized; </div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">any lease payments made at or before the commencement date, less any lease incentives received; </div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">any initial direct costs incurred; </div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">an estimate of costs to dismantle and remove the underlying asset, restore the site on which it is located or restore the underlying asset to the condition required by the terms and conditions of the lease contract. </div></td></tr></table><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div></div><div><div style="line-height:normal;display: inline;"></div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3%;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space: nowrap;text-indent: 0px;display:inline;">Right</div></div></div><div style="letter-spacing: 0px; font-size: 10pt; white-space: nowrap; top: 0px;display:inline;">-of-use</div><div style="letter-spacing: 0px; font-size: 10pt; top: 0px;display:inline;"> assets are amortized on a </div><div style="letter-spacing: 0px; font-size: 10pt; white-space: nowrap; top: 0px;display:inline;">straight-line</div><div style="letter-spacing: 0px; font-size: 10pt; top: 0px;display:inline;"> basis over the lesser of (i) the estimated useful life of the underlying assets; and (ii) the lease term. </div><div style="letter-spacing: 0px; font-size: 10pt; white-space: nowrap; top: 0px;display:inline;">Right-of-use</div><div style="letter-spacing: 0px; font-size: 10pt; top: 0px;display:inline;"> assets are assessed for impairment whenever there is an indication that the </div><div style="letter-spacing: 0px; font-size: 10pt; white-space: nowrap; top: 0px;display:inline;">right-of-use</div><div style="letter-spacing: 0px; font-size: 10pt; top: 0px;display:inline;"> assets may be impaired.</div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">Lease liabilities</div> </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Lease liabilities are initially mea<div style="letter-spacing: 0px; top: 0px;display:inline;">su</div>red at the present value of the lease payments that are<div style="letter-spacing: 0px; top: 0px;display:inline;"> n</div>ot paid at the commencement date over the lease term. The present value of the lease payments is determined using the lessee’s incremental borrowing rate at the commencement date if the interest rate implicit in the lease is not readily determinable. The incremental borrowing rate is a function of the lessee’s incremental borrowing rate, the nature of the underlying asset, the location of the asset, the length of the lease and the currency of the lease contract. Generally, the Company uses the lessee’s incremental borrowing rate for the present value. At the commencement date, lease payments generally include fixed payments, less any lease incentives receivable, variable lease payments that depend on an index (e.g. based on inflation index) or a specified rate, and payments of penalties for terminating the lease, if the lease term reflects the lessee exercising the option to terminate the lease. Lease payments also include amounts expected to be paid under residual value guarantees and the exercise price of a purchase option if the Company is reasonably certain to exercise that option. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Variable lease payments that do not depend on an index or a specified rate are not included in the measurement of lease liabilities but instead are recognized as expenses in the period in which the event or condition that triggers the payment occurs. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">After the commencement date, the carrying amount of lease liabilities is increased to reflect the accretion of interest and reduced to reflect lease payments made. In addition, the carrying amount of lease liabilities is remeasured when there is a change in future lease payments arising from a change in an index or specified rate, if there is a modification to the lease terms and conditions, a change in the estimate of the amount expected to be payable under residual value guarantee, or if the Company changes its assessment of whether it will exercise a termination, extension or purchase option. The remeasurement amount of the lease liabilities is recognized as an adjustment to the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">right-of-use</div></div> asset, or in the consolidated statement of comprehensive loss when the carrying amount of the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">right-of-use</div></div> asset is reduced to zero. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">Classification and presentation of <div style="white-space:nowrap;display:inline;">lease-related</div> expenses</div> </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Amortization charge for <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">right-of-use</div></div> assets, expenses related to variable lease payments not included in the measurement of lease liabilities and loss (gain) related to lease modifications are allocated in the Company’s consolidated statement of comprehensive loss based on their function within the Company, while interest expense on lease liabilities is presented within finance costs. </div>

<div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Provisions </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">A provision is recognized if, as a result of a past event, the Company has a present legal or constructive obligation that can be estimated reliably, and it is probable that an outflow of economic benefits will be required to settle the obligation. Provisions are assessed by discounting the expected future cash flows at a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">pre-tax</div> rate that reflects current market assessments of the time value of money and the risks specific to the liability. The unwinding of the discount on provisions is recognized in finance costs. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Chargebacks and rebates </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Chargebacks and rebates are estimated based on historical experience, relevant statutes with respect to governmental pricing programs, and contractual sales terms. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Returns </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Provisions for returns are estimated based on historical return levels, taking into account additional available information on contract changes. The Company reviews its methodology and adequacy of the provision for returns on a quarterly basis, adjusting for changes in assumptions, historical results and business practices, as necessary. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Contingent liability </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">A contingent liability is a possible obligation that arises from past events and whose existence will be confirmed only by the occurrence or <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-occurrence</div> of one or more uncertain future events not wholly within the control of the Company, or a present obligation that arises from past events (and therefore exists) but is not recognized because it is not probable that a transfer or use of assets, provision of services or any other transfer of economic benefits will be required to settle the obligation, or because the amount of the obligation cannot be estimated reliably. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div>

<div style="font-family: Calibri; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: Calibri; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Income taxes </div></div></div></div><div style="font-weight:bold;display:inline;"> </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Income tax expense c<div style="letter-spacing: 0px; top: 0px;display:inline;">omp</div>rises current and deferred taxes. Current tax and deferred tax are recognized in net loss except to the extent that they relate to items recognized directly in other comprehensive income (loss) or in equity. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Current tax </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Current tax is the expected tax payable or receivable on the taxable income or loss for the year and any adjustment to tax payable in respect of previous years. The Company establishes provisions where appropriate on the basis of amounts expected to be paid to the tax authorities. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Deferred tax </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Deferred tax is recognized in respect of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes and deferred tax losses that can be used against taxable profit in future years. Deferred tax is measured at the tax rates that are expected to be applied to temporary differences when they reverse and to fiscal losses when they will be used, based on the laws that have been enacted or substantively enacted by the reporting date. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">A deferred tax liability is generally recognized for all taxable temporary differences. A deferred tax asset is recognized for unused tax losses and deductible temporary differences to the extent that it is probable that future taxable profits will be available against which they can be used. Deferred tax assets are reviewed at each reporting date and are reduced to the extent that it is no longer probable that the related tax benefit will be realized. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Deferred income tax is not recognized for the following temporary differences: the initial recognition of assets or liabilities in a transaction that is not a business combination and that affects neither accounting or taxable profit or loss at the time of the transaction, and, where the timing of the reversal of the temporary difference is controlled by the Company and it is probable that the temporary difference will not reverse in the foreseeable future. In addition, deferred tax is not recognized for taxable temporary differences arising from the initial recognition of goodwill. </div>

<div style="font-family: Calibri; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Share-based</div> compensation </div></div></div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Share option plan </div></div></div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="font-size: 10pt;display:inline;">The Company records </div><div style="font-size: 10pt; white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">share-based</div><div style="font-size: 10pt;display:inline;"> compensation related to options gr</div>ant<div style="font-size: 10pt;display:inline;">ed using the </div><div style="font-size: 10pt; white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">fair-value-based</div><div style="font-size: 10pt;display:inline;"> method estimated using the </div><div style="font-size: 10pt; white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Black-Scholes</div><div style="font-size: 10pt;display:inline;"> model. Under this method, compensation cost is measured at fair value at the date of grant and expensed over the period in which optionees unconditionally become entitled to the Options. The amount recognized as an expense is adjusted to reflect the number of Options for which the related service conditions are expected to be met, such that the amount ultimately recognized as an expense is based on the number of Options that do meet the related service conditions at the vesting date.</div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Share-based</div> payment arrangements in which the Company receives services as consideration for its own equity instruments are accounted for as <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">equity-settled</div> <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">share-based</div> payment transactions, regardless of how the equity instruments are obtained by the Company. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Deferred stock unit plan </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The deferred stock units (“DSUs”) are totally vested on the date of grant and are settled in cash. When DSUs are granted to officers as part of their annual bonuses, a DSU liability is recorded on the date of grant at the market value of the common shares in place of the liability for the bonus payments. When DSUs are granted to directors as part of their annual compensation in lieu of cash, the expense related to DSUs and their liabilities are recognized on the date of grant. The liability is adjusted to reflect any change in the market value of common shares, and such change is recorded in finance costs. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Stock appreciation rights<div style="font-family: Calibri; background: none; letter-spacing: 0px; top: 0px;display:inline;"><div style="background: none; text-decoration: none;display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;">plan </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Stock appreciation rights (“SARs”) entitle the grantee to a cash payment based on the increase in the share price of the Company’s common shares from the grant date to the settlement date. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">A liability is recognized for the services acquired and is recorded at the fair value of the SARs in other <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-current</div> liabilities, with a corresponding expense recognized in selling expenses over the period that the grantees become unconditionally entitled to the payment. The fair value of the employee benefits expense of the SARs is measured using the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Black-Scholes</div> model. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Cash-settled</div> stock appreciation rights<div style="font-family: Calibri; background: none; letter-spacing: 0px; top: 0px;display:inline;"><div style="background: none; text-decoration: none;display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Estimating fair value requires determining the most appropriate inputs to the valuation model including the expected life of the SARs, volatility, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">risk-free</div> interest rate and dividend yield and making assumptions about them. At the end of each reporting period until the liability is settled, the fair value of the liability is remeasured, with any changes in fair value recognized in the consolidated statement of net earnings (loss) and comprehensive earnings (loss) of the current year. </div>

<div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Share capital </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Common shares </div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Common shares, subscription receipts and Public Offering Warrants are classified as equity. (Refer to Note 19 (a)) </div></div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Transaction costs </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Costs directly attributable to the issue of common shares and equity classified warrants and subscription receipts are recognized in equity, net of any tax effects. </div>

<div style="margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%; font-size: 10pt; font-family: Calibri;"><div style="font-weight:bold;display:inline;">Earnings per share </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The Company presents basic and diluted earnings per share (“EPS”) data for its common shares. Basic EPS is calculated by dividing the net profit or loss attributable to common shareholders of the Company by the weighted average number of common shares outstanding during the year. Diluted EPS is determined by adjusting the profit or loss attributable to common shareholders by taking the weighted average number of common shares outstanding and taking into consideration all dilutive potential common shares, which consist of any outstanding Options, warrants, subscription receipts and convertible unsecured senior notes. </div>

<div style="font-family: Calibri; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: Calibri; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Standards issued but not yet effective </div></div></div></div><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;"><div style="font-size: 10pt;display:inline;">A number of new standar</div>d<div style="font-size: 10pt;display:inline;">s are effective for annual periods beginning after December 1, 2024 and earlier application is permitted; however, the Company has not early adopted the new or amended standards in preparing these Financial Statements.</div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">Classification of Liabilities as Current or <div style="white-space:nowrap;display:inline;">Non-current</div> (Amendments to IAS 1)</div> </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">For the purposes of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-current</div> classifi<div style="letter-spacing: 0px; top: 0px;display:inline;">cat</div>ion, the amendments removed the requirement for a right to defer settlement or roll over of a liability for at least twelve months to be unconditional. Instead, such a right must exist at the end of the reporting period and have substance. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The amendments reconfirmed that only covenants with which a company must comply on or before the reporting date affect the classification of a liability as current or <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-current.</div> Covenants with which a company must comply after the reporting date do not affect a liability’s classification at that date. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The amendments also clarify how a company classifies a liability that includes a counterparty conversion option. The amendments provide that: settlement of a liability includes transferring a company’s own equity instruments to the counterparty; and when classifying liabilities as current or <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-current</div> a company can ignore only those conversion options that are recognized as equity. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The amendments will be effective for the Company’s annual reporting period beginning on December 1, 2025. The adoption of the standard will have no impact on the financial statements. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">IFRS 18,<div style="font-family:Calibri;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Presentation and Disclosure in Financial Statements</div></div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">IFRS 18 will replace IAS 1 Presentation of Financial Statements and applies for annual reporting periods beginning on or after 1 January 2027. The new standard introduces the following key new requirements. </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">Entities are required to classify all income and expenses into five categories in the statement of profit or loss, namely the operating, investing, financing, discontinued operations and income tax categories. </div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">Entities are also required to present a newly-defined operating profit subtotal. Entities’ net profit will not change. </div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">Management-defined performance measures (“MPMs”) are disclosed in a single note in the financial statements. </div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:5%"> </td> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">Enhanced guidance is provided on how to group information in the financial statements. </div></td></tr></table><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">In addition, all entities are required to use the operating profit subtotal as the starting point for the statement of cash flows when presenting operation cash flows under the indirect method. </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The Company is still in the process of assessing the impact of the new standard, particularly with respect to the structure of the Company’s statement of profit or loss, the statement of cash flows and the additional disclosures requires for MPMs. The Company is also assessing the impact on how information is grouped in the financial statements. </div>

<table cellpadding="0" cellspacing="0" style="text-align:start; border-collapse: collapse; font-family: Calibri; font-size: 10pt; border: 0px; width: 100%; border-spacing: 0px;"> <tr style="page-break-inside:avoid"> <td style="width:3%;vertical-align:top;text-align:left"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">3.</div></div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: left; line-height: normal;"><div style="font-weight:bold;display:inline;">Revenue </div></div></td></tr></table> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">United States</div> </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">On May 12, 2014, the Company entered into a master services agreement with RxC Acquisition Company (“RxCrossroads”), and two statements of work (the master services agreement and the two statements of work, collectively “RxCrossroads Agreements”). Under the terms of the RxCrossroads Agreements, RxCrossroads acted as the Company’s exclusive <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">third-party</div> logistics service provider for all of the Company’s products in the United States and, as such, provide warehousing and logistical support services to the Company, including inventory control, account management, customer support, product return management and fulfillment of orders. </div> <div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;">In addition, under the RxCrossroads Agreements, RxCrossroads also acted as the Company’s exclusive <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">third-party</div> distributor of <div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">EGRIFTA</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> </div><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">SV</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:8.3px">®</div> in the United States. In such role, RxCrossroads purchased </div><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">EGRIFTA</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> </div><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">SV</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:8.3px">®</div> from the Company and took title thereto when the goods arrived in their warehouse. RxCrossroads’ purchases of </div><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">EGRIFTA</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> </div><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">SV</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:8.3px">®</div> were triggered by its expectations of market demand over a certain period of time. With respect to </div><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">EGRIFTA</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> </div><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">SV</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:8.3px">®</div>, RxCrossroads fulfilled orders received from authorized wholesalers and delivered </div><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">EGRIFTA</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> </div><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">SV</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:8.3px">®</div> directly to that authorized wholesaler’s client, namely, a specialty pharmacy forming part of the Company’s network of specialty pharmacies. </div></div></div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">On November 1, 2017, we entered into an amended and restated master services agreement with RxCrossroads, along with two amended and restated statements of work (the amended and restated master services agreement and the two amended and restated statements of work, collectively “Amended and Restated RxCAgreements”) to add Trogarzo<div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div> as a new product sold in the United States. These Amended and Restated RxCrossroads Agreements replaced the RxCrossroads Agreements entered into in May 2014. On November 1, 2019, the Amended and Restated RxCrossroads Agreements were further amended to include <div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">EGRIFTA</div></div></div><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;"> SV</div></div></div><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div></div></div></div><div style="font-family: Calibri; background: none; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal; background: none; text-decoration: none;display:inline;"><div style="font-style:italic;display:inline;"> </div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;">as an additional product to be distributed by RxCrossroads in the United States. </div></div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">On May 29, 2024, the Company entered into a logistics services agreement with RxCrossroads 3PL LLC, (“RXC 3PL”) ( “RXC 3PL Agreement”). Under the terms of the RXC 3PL Agreement, RXC 3PL acts as our exclusive third-party logistics service provider for all of our products in the United States and as such, provides us with warehousing and logistical support services, including inventory control and account management. </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">On the same date, the Company also entered into a logistics services agreement with McKesson Specialty Care Distribution LLC (“McKesson”) (“McKesson Agreement”). Under the terms of the McKesson Agreement, McKesson acts as the Company’s exclusive third-party distributor of our products in the United States. In such role, McKesson provides us with customer support, product return management and fulfillment of orders. McKesson’s purchases of our products are triggered by its expectations of market demand over a certain period of time. With respect to <div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">EGRIFTA</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> </div><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">SV</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div>, McKesson fulfills orders received from authorized wholesalers and delivers</div><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;"> EGRIFTA</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> </div><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">SV</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div> directly to that authorized wholesaler’s client, namely, a specialty pharmacy forming part of the Company’s network of specialty pharmacies. For Trogarzo<div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div>, McKesson fulfills orders directly received from the Company’s network of specialty pharmacies and specialty distributors. </div></div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Effective as of May 29, 2024, the McKesson Agreement and the RXC 3PL Agreement replaced the Amended and Restated RxCrossroads Agreements entered into on November 1, 2017 (as further amended). </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify"><div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">Canada</div> </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The Company commercialized <div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">EGRIFTA</div></div></div><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div></div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px"> </div>directly in Canada using a distributor until September 2022, after which time the Company withdrew the product from the market in Canada. </div></div> <div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div> <div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"></div> <div style="font-family: arial; font-size: 10pt; margin-top: 9pt; margin-bottom: 0pt;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Years ended November 30, 2024, 2023 and 2022 </div></div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="display:inline;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div> <div style="line-height: 2pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2pt; border-bottom-style: solid;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="display:inline;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div> <table cellpadding="0" cellspacing="0" style="text-align:start; border: 0px currentColor; border-image: none; width: 100%; font-family: arial; font-size: 10pt; border-collapse: collapse;"> <tr style="page-break-inside: avoid;"> <td style="width: 3%; text-align: left; vertical-align: top;"><div style="display:inline;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">3.</div></div></div></div></td> <td style="text-align: left; vertical-align: top;"><div style="text-align: left; font-family: Calibri; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">Revenue</div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> (continued) </div></div></div></td></tr></table> <div style="clear:both;max-height:0pt;"></div> <div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;"><div style="display:inline;"><div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">Europe</div> </div></div> <div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;">On<div style="display:inline;"> </div></div></div><div style="font-size: 10pt;display:inline;">July 9, 2020, the Company entered into </div><div style="font-size: 10pt; white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">pre-wholesaling</div><div style="font-size: 10pt;display:inline;"> services agreement with Loxxess Pharma GmbH or (“Loxxess”) pursuant to which Loxxess agreed to act as our third-party service logistics provider (the “Loxxess Agreement”) in certain key European countries, including Germany, France, Italy, Austria, The Netherlands, Portugal, Switzerland, United Kingdom, Norway, Sweden, Finland and Denmark. Pursuant to the Loxxess Agreement, Loxxess received customers’ orders, stored, packaged and shipped Trogarzo</div><div style="font-size: 75%; vertical-align: top;display:inline;">®</div><div style="font-size: 10pt;display:inline;"> to European hospitals and pharmacies. Loxxess was also responsible, on our behalf, to collect payments of the goods sold to those hospitals and pharmacies. The hospitals and pharmacies dispensed Trogarzo</div><div style="font-size: 75%; vertical-align: top;display:inline;">®</div><div style="font-size: 10pt;display:inline;"> to patients.</div></div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">On April 27, 2022, the Company announced that it would focus its commercial operations on the North American territory only and, as a result, would cease commercial sales of Trogarzo<div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div> in Europe. At that time, the Company sent a notice of termination to TaiMed Biologics Inc. (“TaiMed”), as per the contractual terms indicating it was returning the European commercialization rights to Trogarzo<div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div> to TaiMed within the next 180 days. The discontinuation became effective in December 2022 and the Company terminated the Loxxess Agreement in November 2023. </div> <div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 4%;text-indent: 0px;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Net sales by product were as follows: </div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; border: 0px currentcolor; width: 100%; font-family: arial; font-size: 10pt; border-collapse: collapse; text-indent: 0px; border-spacing: 0px;"> <tr> <td style="width: 3%;"></td> <td style="width: 1%; vertical-align: bottom;"></td> <td style="width: 57%;"></td> <td style="width: 1%; vertical-align: bottom;"></td> <td></td> <td></td> <td></td> <td style="width: 1%; vertical-align: bottom;"></td> <td></td> <td></td> <td></td> <td style="width: 1%; vertical-align: bottom;"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size: 1px;"> <td colspan="14" style="vertical-align: bottom;"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size: 1pt;"> <td style="height: 6pt; font-family: Calibri;"></td> <td colspan="2" style="height: 6pt; font-family: Calibri;"></td> <td colspan="4" style="height: 6pt; font-family: Calibri;"></td> <td colspan="4" style="height: 6pt; font-family: Calibri;"></td> <td colspan="4" style="height: 6pt; font-family: Calibri;"></td></tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="text-align: right; padding-bottom: 6pt; vertical-align: bottom;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="text-align: right; padding-bottom: 6pt; vertical-align: bottom;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="text-align: right; padding-bottom: 6pt; vertical-align: bottom;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2022</div></div></div></td> <td style="vertical-align: bottom;"> </td></tr> <tr style="font-size: 1px;"> <td colspan="14" style="vertical-align: bottom;"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size: 1pt;"> <td style="height: 12pt; font-family: Calibri;"></td> <td colspan="2" style="height: 12pt; font-family: Calibri;"></td> <td colspan="4" style="height: 12pt; font-family: Calibri;"></td> <td colspan="4" style="height: 12pt; font-family: Calibri;"></td> <td colspan="4" style="height: 12pt; font-family: Calibri;"></td></tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: top; font-family: Calibri;"></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">EGRIFTA</div></div></div><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;"> SV</div></div></div><div style="font-size: 75%; vertical-align: top;display:inline;font-size:8.3px">®</div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap;">60,147</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap;">53,705</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap;">50,454</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-size: 1pt;"> <td style="height: 4.5pt; font-family: Calibri;"></td> <td colspan="2" style="height: 4.5pt; font-family: Calibri;"></td> <td colspan="4" style="height: 4.5pt; font-family: Calibri;"></td> <td colspan="4" style="height: 4.5pt; font-family: Calibri;"></td> <td colspan="4" style="height: 4.5pt; font-family: Calibri;"></td></tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"> <td style="vertical-align: top; font-family: Calibri;"></td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Trogarzo<div style="font-size: 75%; vertical-align: top;display:inline;font-size:8.3px">®</div></div></div></td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">25,719</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">28,059</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">29,603</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-size: 1px;"> <td colspan="14" style="vertical-align: bottom;"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size: 1pt;"> <td style="height: 14.25pt;"></td> <td colspan="2" style="height: 14.25pt;"></td> <td colspan="4" style="height: 14.25pt;"></td> <td colspan="4" style="height: 14.25pt;"></td> <td colspan="4" style="height: 14.25pt;"></td></tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: top;"></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: top;"></td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> 85,866</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> 81,764</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> 80,057</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-size: 1px;"> <td colspan="14" style="vertical-align: bottom;"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table> <div style="clear: both; max-height: 0px; text-indent: 0px;"></div> <div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Net sales by geography were as follows: </div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; border: 0px currentcolor; width: 100%; font-family: arial; font-size: 10pt; border-collapse: collapse; text-indent: 0px; border-spacing: 0px;"> <tr> <td></td> <td style="width: 1%; vertical-align: bottom;"></td> <td style="width: 90%;"></td> <td style="width: 1%; vertical-align: bottom;"></td> <td></td> <td></td> <td></td> <td style="width: 1%; vertical-align: bottom;"></td> <td></td> <td></td> <td></td> <td style="width: 1%; vertical-align: bottom;"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size: 1px;"> <td colspan="14" style="vertical-align: bottom;"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size: 1pt;"> <td style="height: 6pt; font-family: Calibri;"></td> <td colspan="2" style="height: 6pt; font-family: Calibri;"></td> <td colspan="4" style="height: 6pt; font-family: Calibri;"></td> <td colspan="4" style="height: 6pt; font-family: Calibri;"></td> <td colspan="4" style="height: 6pt; font-family: Calibri;"></td></tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="text-align: right; padding-bottom: 6pt; vertical-align: bottom;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="text-align: right; padding-bottom: 6pt; vertical-align: bottom;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="text-align: right; padding-bottom: 6pt; vertical-align: bottom;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2022</div></div></div></td> <td style="vertical-align: bottom;"> </td></tr> <tr style="font-size: 1px;"> <td colspan="14" style="vertical-align: bottom;"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size: 1pt;"> <td style="height: 12pt; font-family: arial;"></td> <td colspan="2" style="height: 12pt; font-family: arial;"></td> <td colspan="4" style="height: 12pt; font-family: arial;"></td> <td colspan="4" style="height: 12pt; font-family: arial;"></td> <td colspan="4" style="height: 12pt; font-family: arial;"></td></tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0px; margin-bottom: 0px; margin-left: 1em; line-height: normal;"> </div></td> <td style="vertical-align: bottom;"> <div style="letter-spacing: 0px; top: 0px;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;display:inline;"> </div></td> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Canada</div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap;">-</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap;">86</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap;">52</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-size: 1pt;"> <td style="height: 7.5pt; font-family: arial;"></td> <td colspan="2" style="height: 7.5pt; font-family: arial;"></td> <td colspan="4" style="height: 7.5pt; font-family: arial;"></td> <td colspan="4" style="height: 7.5pt; font-family: arial;"></td> <td colspan="4" style="height: 7.5pt; font-family: arial;"></td></tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"> <td style="vertical-align: top; font-family: arial;"></td> <td style="vertical-align: bottom;"></td> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">United States</div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap;"> 85,804</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap;"> 81,392</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap;"> 78,744</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-size: 1pt;"> <td style="height: 4.5pt; font-family: arial;"></td> <td colspan="2" style="height: 4.5pt; font-family: arial;"></td> <td colspan="4" style="height: 4.5pt; font-family: arial;"></td> <td colspan="4" style="height: 4.5pt; font-family: arial;"></td> <td colspan="4" style="height: 4.5pt; font-family: arial;"></td></tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: top; font-family: arial;"></td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Europe</div></td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">62</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">286</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">1,261</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-size: 1px;"> <td colspan="14" style="vertical-align: bottom;"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size: 1pt;"> <td style="height: 14.25pt;"></td> <td colspan="2" style="height: 14.25pt;"></td> <td colspan="4" style="height: 14.25pt;"></td> <td colspan="4" style="height: 14.25pt;"></td> <td colspan="4" style="height: 14.25pt;"></td></tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"> <td style="vertical-align: top;"></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: top;"></td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">85,866</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">81,764</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">80,057</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-size: 1px;"> <td colspan="14" style="vertical-align: bottom;"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table>

<div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 4%;text-indent: 0px;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Net sales by product were as follows: </div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; border: 0px currentcolor; width: 100%; font-family: arial; font-size: 10pt; border-collapse: collapse; text-indent: 0px; border-spacing: 0px;"> <tr> <td style="width: 3%;"></td> <td style="width: 1%; vertical-align: bottom;"></td> <td style="width: 57%;"></td> <td style="width: 1%; vertical-align: bottom;"></td> <td></td> <td></td> <td></td> <td style="width: 1%; vertical-align: bottom;"></td> <td></td> <td></td> <td></td> <td style="width: 1%; vertical-align: bottom;"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size: 1px;"> <td colspan="14" style="vertical-align: bottom;"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size: 1pt;"> <td style="height: 6pt; font-family: Calibri;"></td> <td colspan="2" style="height: 6pt; font-family: Calibri;"></td> <td colspan="4" style="height: 6pt; font-family: Calibri;"></td> <td colspan="4" style="height: 6pt; font-family: Calibri;"></td> <td colspan="4" style="height: 6pt; font-family: Calibri;"></td></tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="text-align: right; padding-bottom: 6pt; vertical-align: bottom;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="text-align: right; padding-bottom: 6pt; vertical-align: bottom;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="text-align: right; padding-bottom: 6pt; vertical-align: bottom;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2022</div></div></div></td> <td style="vertical-align: bottom;"> </td></tr> <tr style="font-size: 1px;"> <td colspan="14" style="vertical-align: bottom;"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size: 1pt;"> <td style="height: 12pt; font-family: Calibri;"></td> <td colspan="2" style="height: 12pt; font-family: Calibri;"></td> <td colspan="4" style="height: 12pt; font-family: Calibri;"></td> <td colspan="4" style="height: 12pt; font-family: Calibri;"></td> <td colspan="4" style="height: 12pt; font-family: Calibri;"></td></tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: top; font-family: Calibri;"></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;">EGRIFTA</div></div></div><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;"> SV</div></div></div><div style="font-size: 75%; vertical-align: top;display:inline;font-size:8.3px">®</div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap;">60,147</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap;">53,705</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap;">50,454</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-size: 1pt;"> <td style="height: 4.5pt; font-family: Calibri;"></td> <td colspan="2" style="height: 4.5pt; font-family: Calibri;"></td> <td colspan="4" style="height: 4.5pt; font-family: Calibri;"></td> <td colspan="4" style="height: 4.5pt; font-family: Calibri;"></td> <td colspan="4" style="height: 4.5pt; font-family: Calibri;"></td></tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"> <td style="vertical-align: top; font-family: Calibri;"></td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Trogarzo<div style="font-size: 75%; vertical-align: top;display:inline;font-size:8.3px">®</div></div></div></td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">25,719</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">28,059</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">29,603</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-size: 1px;"> <td colspan="14" style="vertical-align: bottom;"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size: 1pt;"> <td style="height: 14.25pt;"></td> <td colspan="2" style="height: 14.25pt;"></td> <td colspan="4" style="height: 14.25pt;"></td> <td colspan="4" style="height: 14.25pt;"></td> <td colspan="4" style="height: 14.25pt;"></td></tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: top;"></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: top;"></td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> 85,866</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> 81,764</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> 80,057</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-size: 1px;"> <td colspan="14" style="vertical-align: bottom;"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table>

60147000

53705000

50454000

25719000

28059000

29603000

85866000

81764000

80057000

<div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Net sales by geography were as follows: </div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; border: 0px currentcolor; width: 100%; font-family: arial; font-size: 10pt; border-collapse: collapse; text-indent: 0px; border-spacing: 0px;"> <tr> <td></td> <td style="width: 1%; vertical-align: bottom;"></td> <td style="width: 90%;"></td> <td style="width: 1%; vertical-align: bottom;"></td> <td></td> <td></td> <td></td> <td style="width: 1%; vertical-align: bottom;"></td> <td></td> <td></td> <td></td> <td style="width: 1%; vertical-align: bottom;"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size: 1px;"> <td colspan="14" style="vertical-align: bottom;"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size: 1pt;"> <td style="height: 6pt; font-family: Calibri;"></td> <td colspan="2" style="height: 6pt; font-family: Calibri;"></td> <td colspan="4" style="height: 6pt; font-family: Calibri;"></td> <td colspan="4" style="height: 6pt; font-family: Calibri;"></td> <td colspan="4" style="height: 6pt; font-family: Calibri;"></td></tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="text-align: right; padding-bottom: 6pt; vertical-align: bottom;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="text-align: right; padding-bottom: 6pt; vertical-align: bottom;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="text-align: right; padding-bottom: 6pt; vertical-align: bottom;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2022</div></div></div></td> <td style="vertical-align: bottom;"> </td></tr> <tr style="font-size: 1px;"> <td colspan="14" style="vertical-align: bottom;"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size: 1pt;"> <td style="height: 12pt; font-family: arial;"></td> <td colspan="2" style="height: 12pt; font-family: arial;"></td> <td colspan="4" style="height: 12pt; font-family: arial;"></td> <td colspan="4" style="height: 12pt; font-family: arial;"></td> <td colspan="4" style="height: 12pt; font-family: arial;"></td></tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0px; margin-bottom: 0px; margin-left: 1em; line-height: normal;"> </div></td> <td style="vertical-align: bottom;"> <div style="letter-spacing: 0px; top: 0px;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;display:inline;"> </div></td> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Canada</div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap;">-</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap;">86</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap;">52</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-size: 1pt;"> <td style="height: 7.5pt; font-family: arial;"></td> <td colspan="2" style="height: 7.5pt; font-family: arial;"></td> <td colspan="4" style="height: 7.5pt; font-family: arial;"></td> <td colspan="4" style="height: 7.5pt; font-family: arial;"></td> <td colspan="4" style="height: 7.5pt; font-family: arial;"></td></tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"> <td style="vertical-align: top; font-family: arial;"></td> <td style="vertical-align: bottom;"></td> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">United States</div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap;"> 85,804</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap;"> 81,392</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap;"> 78,744</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-size: 1pt;"> <td style="height: 4.5pt; font-family: arial;"></td> <td colspan="2" style="height: 4.5pt; font-family: arial;"></td> <td colspan="4" style="height: 4.5pt; font-family: arial;"></td> <td colspan="4" style="height: 4.5pt; font-family: arial;"></td> <td colspan="4" style="height: 4.5pt; font-family: arial;"></td></tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: top; font-family: arial;"></td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Europe</div></td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">62</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">286</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">1,261</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-size: 1px;"> <td colspan="14" style="vertical-align: bottom;"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size: 1pt;"> <td style="height: 14.25pt;"></td> <td colspan="2" style="height: 14.25pt;"></td> <td colspan="4" style="height: 14.25pt;"></td> <td colspan="4" style="height: 14.25pt;"></td> <td colspan="4" style="height: 14.25pt;"></td></tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"> <td style="vertical-align: top;"></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: top;"></td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">85,866</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">81,764</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">$</td> <td style="text-align: right; padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;">80,057</td> <td style="padding-bottom: 2pt; vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-size: 1px;"> <td colspan="14" style="vertical-align: bottom;"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table>

86000

52000

85804000

81392000

78744000

62000

286000

1261000

85866000

81764000

80057000

9750000

24934000

22049000

472000

1833000

1346000

3420000

2109000

3604000

335000

2006000

566000

13977000

30882000

27565000

486000 1963000 457000

<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:48%"></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1px"> <td colspan="16" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:14.25pt"></td> <td colspan="4" style="height:14.25pt"></td> <td colspan="4" style="height:14.25pt"></td> <td colspan="4" style="height:14.25pt"></td> <td colspan="4" style="height:14.25pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Note</div></div></div></td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2022</div></div></div></td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="16" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Gain on repurchase of convertible unsecured senior notes</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">18 </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">357</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Net gain on financial instruments carried at fair value</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">499</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 1,257</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Interest income</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 1,487</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">769</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">316</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Gain on lease termination</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">121</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="16" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Finance income</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,986</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,147</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 673</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Accretion expense, write-off and amortization of deferred financing costs</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">16, 17, 18, 19 </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(1,469)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3,052)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(2,140)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Interest on convertible unsecured senior notes and on long-term loan</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(8,950)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(8,263)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(4,357)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Net foreign currency loss</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(39)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(159)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(1,027)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Loss on long-term debt modifications and repayment</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">16, 19<div style="letter-spacing: 0px; top: 0px;display:inline;"> </div>(c)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(5,898)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3,540)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Other</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(105)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(42)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(35)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Finance costs</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(16,461)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(15,056)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(7,559)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="16" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:15.75pt"></td> <td colspan="4" style="height:15.75pt"></td> <td colspan="4" style="height:15.75pt"></td> <td colspan="4" style="height:15.75pt"></td> <td colspan="4" style="height:15.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Net finance cost recognized in net profit or loss</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(14,475)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(12,909)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(6,886)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="16" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table> 0 0 357000 499000 1257000 0

1487000

769000

316000

0 121000 0

1986000

2147000

673000

1469000 3052000 2140000

8950000

8263000

4357000

39000

159000

1027000

5898000 3540000 0

105000

42000

35000

16461000 15056000 7559000 -14475000 -12909000 -6886000

3278000

6062000

659000 228000 3937000 6290000

3723000

6290000

214000

0.0105 0.0335 0.0085 0.0375 P1Y3M7D P1Y4M24D

<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0"> <tr> <td style="width:79%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1px"> <td colspan="8" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:4pt ;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:4pt ;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="8" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Trade receivables</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 14,972</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 12,798</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Sales taxes receivable</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">164</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">220</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Other receivables</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">82</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">5</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="8" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">15,218</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">13,023</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="8" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table>

14972000

12798000

164000

220000

82000

5000

15218000

13023000

<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">8.</div></div></div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: Calibri; text-align: left; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">Tax credits receivable</div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></td></tr></table><div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Tax credits receivable relate to eligible research and development expenditures under the applicable tax laws. The amounts recorded as receivables are subject to a government tax audit and the final amounts received may differ from those recorded. There are no unfulfilled conditions or contingencies associated with the government assistance received. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The Company has unused and unrecorded <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-refundable</div> federal tax credits which may be used to reduce future federal income tax payable and expire as follows: </div><div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:98%;border:0"> <tr> <td style="width:88%"></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1px"> <td colspan="4" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2025</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 243</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2026</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,555</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2027</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,142</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2028</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,376</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2029</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,601</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2030</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">793</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2031</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">555</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2032</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">290</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2033</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">192</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2039</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">179</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2040</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">305</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2041</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">371</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2042</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">637</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2043</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">584</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2044</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">306</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="4" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">12,129</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="4" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:98%;border:0"> <tr> <td style="width:88%"></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1px"> <td colspan="4" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2025</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 243</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2026</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,555</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2027</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,142</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2028</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,376</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2029</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,601</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2030</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">793</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2031</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">555</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2032</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">290</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2033</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">192</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2039</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">179</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2040</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">305</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2041</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">371</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2042</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">637</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2043</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">584</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2044</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">306</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="4" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">12,129</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="4" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table>

243000

1555000

2142000

2376000

1601000

793000

555000

290000

192000

179000

305000

371000

637000

584000

306000

12129000

<table cellpadding="0" cellspacing="0" style="text-align:start; border: 0px currentcolor; width: 100%; font-family: Calibri; font-size: 10pt; border-collapse: collapse; text-indent: 0px; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 3%; text-align: left; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">9.</div></div></div></td> <td style="text-align: left; vertical-align: top;"> <div style="text-align: left; font-family: Calibri; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: Calibri; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Inventories </div></div></div></div> </td> </tr> </table> <div style="clear:both;max-height:0pt;text-indent: 0px;"></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0"> <tr> <td style="width:68%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td></td> <td></td> <td></td> </tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.50pt solid #000000"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:5pt ;vertical-align:bottom;text-align:right"><div style="font-family:Calibri;display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:5pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family:Calibri;display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:5pt ;vertical-align:bottom;text-align:right"><div style="font-family:Calibri;display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></td> <td style="vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:arial">Raw materials</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 1,473</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 2,262</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:arial">Work in progress</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,558</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,708</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:arial">Finished goods</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,250</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,096</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:15.75pt"></td> <td colspan="4" style="height:15.75pt"></td> <td colspan="4" style="height:15.75pt"></td> <td colspan="4" style="height:15.75pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,281</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,066</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.50pt solid #000000"> </div> </td> <td> </td> </tr> </table> <div style="clear:both;max-height:0pt;text-indent: 0px;"></div> <div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"></div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">In fiscal 2024, inventories of $18,597 (2023 – $18,540) were recognized as an expense and included in cost of goods sold. </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">In fiscal 2024, an inventory provision of $1,749 (2023 – $220) was recognized pending marketing approval of the F8 formulation of tesamorelin and recorded in cost of sales. Also, in fiscal 2024, an amount of $153 was reversed (2023 – provision of $197) from the inventory provision related to F4. </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">In fiscal 2023, Inventories for an amount of $3,295 was returned to TaiMed and accounts payable was reduced by a total amount of <div style="font-family:Times New Roman;display:inline;">€</div>3,179 ($3,399). </div> <div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;"></div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Inventories were written down to net realizable value by an amount of $2,137 in 2022, which was recorded in cost of sales, which includes a provision of $1,477 on the F8 formulation, $339 on material for the pen in development to be used in conjunction with the F8 formulation, $252 on expired raw material and $69 on excess stock of <div style="font-family:Calibri;display:inline;"><div style="font-style:italic;display:inline;">EGRIFTA<div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div></div></div><div style="font-family:arial;display:inline;"> as a result of the Company’s decision to withdraw the product from the market in Canada. </div></div>

<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0"> <tr> <td style="width:68%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td></td> <td></td> <td></td> </tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.50pt solid #000000"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:5pt ;vertical-align:bottom;text-align:right"><div style="font-family:Calibri;display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:5pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family:Calibri;display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:5pt ;vertical-align:bottom;text-align:right"><div style="font-family:Calibri;display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></td> <td style="vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:arial">Raw materials</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 1,473</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 2,262</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:arial">Work in progress</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,558</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,708</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:arial">Finished goods</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,250</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,096</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:15.75pt"></td> <td colspan="4" style="height:15.75pt"></td> <td colspan="4" style="height:15.75pt"></td> <td colspan="4" style="height:15.75pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,281</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,066</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.50pt solid #000000"> </div> </td> <td> </td> </tr> </table>

1473000

2262000

2558000

1708000

1250000

2096000

5281000

6066000

<table cellpadding="0" cellspacing="0" style="text-align:start; border: 0px currentcolor; width: 100%; font-family: Calibri; font-size: 10pt; border-collapse: collapse; text-indent: 0px; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 3%; text-align: left; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">10.</div></div></div></td> <td style="text-align: left; vertical-align: top;"> <div style="text-align: left; font-family: Calibri; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: Calibri; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Prepaid expenses and deposits </div></div></div></div> </td> </tr> </table> <div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; border: 0px currentcolor; width: 100%; font-family: arial; font-size: 10pt; border-collapse: collapse; text-indent: 0px; border-spacing: 0px;"> <tr> <td style="width: 68%;"> </td> <td style="width: 3%; vertical-align: bottom;"> </td> <td style="width: 0%;"> </td> <td style="width: 0%;"> </td> <td style="width: 0%;"> </td> <td style="width: 13%; vertical-align: bottom;"> </td> <td style="width: 0%;"> </td> <td style="width: 0%;"> </td> <td style="width: 0%;"> </td> <td style="width: 0%; vertical-align: bottom;"> </td> <td style="width: 0%;"> </td> <td style="width: 0%;"> </td> <td style="width: 0%;"> </td> </tr> <tr style="font-size: 1px;"> <td colspan="12" style="vertical-align: bottom;"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size: 1pt;"> <td style="height: 1.5pt;"> </td> <td colspan="4" style="height: 1.5pt;"> </td> <td colspan="4" style="height: 1.5pt;"> </td> <td colspan="4" style="height: 1.5pt;"> </td> </tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="text-align: right; padding-bottom: 5pt; vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="text-align: right; padding-bottom: 5pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="text-align: right; padding-bottom: 5pt; vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></div></td> <td style="vertical-align: bottom;"> </td> </tr> <tr style="font-size: 1px;"> <td colspan="12" style="vertical-align: bottom;"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size: 1pt;"> <td style="height: 12pt;"> </td> <td colspan="4" style="height: 12pt;"> </td> <td colspan="4" style="height: 12pt;"> </td> <td colspan="4" style="height: 12pt;"> </td> </tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: top; width: 68%;"> <div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Prepaid expenses</div></div></div> </td> <td style="vertical-align: bottom; width: 3%;"> </td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"><div style="letter-spacing: 0px; top: 0px;display:inline;">$</div></td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap; width: 0%;"><div style="letter-spacing: 0px; top: 0px;display:inline;"> 2,282</div></td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"> </td> <td style="vertical-align: bottom; width: 13%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"><div style="letter-spacing: 0px; top: 0px;display:inline;">$</div></td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap; width: 0%;"><div style="letter-spacing: 0px; top: 0px;display:inline;"> 2,687</div></td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"> </td> </tr> <tr style="font-size: 1pt;"> <td style="height: 3.75pt;"> </td> <td colspan="4" style="height: 3.75pt;"> </td> <td colspan="4" style="height: 3.75pt;"> </td> <td colspan="4" style="height: 3.75pt;"> </td> </tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"> <td style="vertical-align: top; width: 68%;"> <div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Deposits</div></div></div> </td> <td style="vertical-align: bottom; width: 3%;"> </td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"> </td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap; width: 0%;"><div style="letter-spacing: 0px; top: 0px;display:inline;">1,170</div></td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"> </td> <td style="vertical-align: bottom; width: 13%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"> </td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap; width: 0%;"><div style="letter-spacing: 0px; top: 0px;display:inline;">467</div></td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"> </td> </tr> <tr style="font-size: 1px;"> <td colspan="12" style="vertical-align: bottom;"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size: 1pt;"> <td style="height: 15.75pt;"> </td> <td colspan="4" style="height: 15.75pt;"> </td> <td colspan="4" style="height: 15.75pt;"> </td> <td colspan="4" style="height: 15.75pt;"> </td> </tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: top; width: 68%;"> </td> <td style="vertical-align: bottom; width: 3%;"> </td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"><div style="letter-spacing: 0px; top: 0px;display:inline;">$</div></td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap; width: 0%;"><div style="letter-spacing: 0px; top: 0px;display:inline;">3,452</div></td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"> </td> <td style="vertical-align: bottom; width: 13%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"><div style="letter-spacing: 0px; top: 0px;display:inline;">$</div></td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap; width: 0%;"><div style="letter-spacing: 0px; top: 0px;display:inline;">3,154</div></td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"> </td> </tr> <tr style="font-size: 1px;"> <td colspan="12" style="vertical-align: bottom;"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> </table>

<table cellpadding="0" cellspacing="0" style="text-align:start; border: 0px currentcolor; width: 100%; font-family: arial; font-size: 10pt; border-collapse: collapse; text-indent: 0px; border-spacing: 0px;"> <tr> <td style="width: 68%;"> </td> <td style="width: 3%; vertical-align: bottom;"> </td> <td style="width: 0%;"> </td> <td style="width: 0%;"> </td> <td style="width: 0%;"> </td> <td style="width: 13%; vertical-align: bottom;"> </td> <td style="width: 0%;"> </td> <td style="width: 0%;"> </td> <td style="width: 0%;"> </td> <td style="width: 0%; vertical-align: bottom;"> </td> <td style="width: 0%;"> </td> <td style="width: 0%;"> </td> <td style="width: 0%;"> </td> </tr> <tr style="font-size: 1px;"> <td colspan="12" style="vertical-align: bottom;"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size: 1pt;"> <td style="height: 1.5pt;"> </td> <td colspan="4" style="height: 1.5pt;"> </td> <td colspan="4" style="height: 1.5pt;"> </td> <td colspan="4" style="height: 1.5pt;"> </td> </tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="text-align: right; padding-bottom: 5pt; vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="text-align: right; padding-bottom: 5pt; vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="text-align: right; padding-bottom: 5pt; vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></div></td> <td style="vertical-align: bottom;"> </td> </tr> <tr style="font-size: 1px;"> <td colspan="12" style="vertical-align: bottom;"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size: 1pt;"> <td style="height: 12pt;"> </td> <td colspan="4" style="height: 12pt;"> </td> <td colspan="4" style="height: 12pt;"> </td> <td colspan="4" style="height: 12pt;"> </td> </tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: top; width: 68%;"> <div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Prepaid expenses</div></div></div> </td> <td style="vertical-align: bottom; width: 3%;"> </td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"><div style="letter-spacing: 0px; top: 0px;display:inline;">$</div></td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap; width: 0%;"><div style="letter-spacing: 0px; top: 0px;display:inline;"> 2,282</div></td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"> </td> <td style="vertical-align: bottom; width: 13%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"><div style="letter-spacing: 0px; top: 0px;display:inline;">$</div></td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap; width: 0%;"><div style="letter-spacing: 0px; top: 0px;display:inline;"> 2,687</div></td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"> </td> </tr> <tr style="font-size: 1pt;"> <td style="height: 3.75pt;"> </td> <td colspan="4" style="height: 3.75pt;"> </td> <td colspan="4" style="height: 3.75pt;"> </td> <td colspan="4" style="height: 3.75pt;"> </td> </tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"> <td style="vertical-align: top; width: 68%;"> <div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Deposits</div></div></div> </td> <td style="vertical-align: bottom; width: 3%;"> </td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"> </td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap; width: 0%;"><div style="letter-spacing: 0px; top: 0px;display:inline;">1,170</div></td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"> </td> <td style="vertical-align: bottom; width: 13%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"> </td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap; width: 0%;"><div style="letter-spacing: 0px; top: 0px;display:inline;">467</div></td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"> </td> </tr> <tr style="font-size: 1px;"> <td colspan="12" style="vertical-align: bottom;"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size: 1pt;"> <td style="height: 15.75pt;"> </td> <td colspan="4" style="height: 15.75pt;"> </td> <td colspan="4" style="height: 15.75pt;"> </td> <td colspan="4" style="height: 15.75pt;"> </td> </tr> <tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: top; width: 68%;"> </td> <td style="vertical-align: bottom; width: 3%;"> </td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"><div style="letter-spacing: 0px; top: 0px;display:inline;">$</div></td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap; width: 0%;"><div style="letter-spacing: 0px; top: 0px;display:inline;">3,452</div></td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"> </td> <td style="vertical-align: bottom; width: 13%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"><div style="letter-spacing: 0px; top: 0px;display:inline;">$</div></td> <td style="text-align: right; vertical-align: bottom; white-space: nowrap; width: 0%;"><div style="letter-spacing: 0px; top: 0px;display:inline;">3,154</div></td> <td style="vertical-align: bottom; white-space: nowrap; width: 0%;"> </td> </tr> <tr style="font-size: 1px;"> <td colspan="12" style="vertical-align: bottom;"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> </table>

-2282000 -2687000

1170000

467000

3452000

3154000

<table cellpadding="0" cellspacing="0" style="text-align:start; border-collapse: collapse; font-family: Calibri; font-size: 10pt; border: 0px; width: 100%; border-spacing: 0px;"> <tr style="page-break-inside:avoid"> <td style="width:3%;vertical-align:top;text-align:left"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">11.</div></div></td> <td style="vertical-align:top;text-align:left"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: left; line-height: normal;"><div style="font-weight:bold;display:inline;">Property and equipment </div></div> </td> </tr> </table> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; border-collapse: collapse; font-family: arial; font-size: 9pt; width: 100%; border: 0px; border-spacing: 0px;"> <tr> <td style="width:54%"></td> <td style="vertical-align:bottom;width:4%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> </tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Computer<br/> equipment</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Laboratory<br/> equipment</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Office<br/> furniture and<br/> equipment</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Leasehold<br/> improvements</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Total</div></div></div></td> <td style="vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Cost</div></div></div></div> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Balance as at<br/> November 30, 2022</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 290</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 1,068</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 332</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 650</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 2,340</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1pt"> <td style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Additions</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">7</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">128</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">27</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">162</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Disposals</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(46)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(46)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Balance as at <br/> November 30, 2023</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 251</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 1,196</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 359</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 650</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 2,456</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1pt"> <td style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Disposals</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(10)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(10)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Balance as at <br/> November 30, 2024</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 241</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 1,196</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 359</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 650</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$2,446</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Accumulated depreciation</div></div></div></div> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Balance as at <br/> November 30, 2022</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 123</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 163</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 195</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 365</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 846</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Depreciation</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">100</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">217</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">32</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">101</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">450</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Disposals</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(46)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(46)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Balance as at <br/> November 30, 2023</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 177</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 380</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 227</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 466</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 1,250</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Depreciation</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">42</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">816</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">25</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">101</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">984</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Disposals</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(10)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(10)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Balance as at <br/> November 30, 2024</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$209</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$1,196</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$252</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$567</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$2,224</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Net carrying amounts</div></div></div></div> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">November 30, 2024</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">32</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$107</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$83</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 222</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">November 30, 2023</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 74</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 816</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 132</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 184</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 1,206</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> </table> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">On March 22, 2024, the Company announced that it would phase down its oncology research and development activities. As such, for the year ended November 30, 2024, $766 in accelerated depreciation on equipment in research and development expenses was recorded. </div>

<table cellpadding="0" cellspacing="0" style="text-align:start; border-collapse: collapse; font-family: arial; font-size: 9pt; width: 100%; border: 0px; border-spacing: 0px;"> <tr> <td style="width:54%"></td> <td style="vertical-align:bottom;width:4%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> </tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Computer<br/> equipment</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Laboratory<br/> equipment</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Office<br/> furniture and<br/> equipment</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Leasehold<br/> improvements</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Total</div></div></div></td> <td style="vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Cost</div></div></div></div> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Balance as at<br/> November 30, 2022</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 290</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 1,068</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 332</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 650</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 2,340</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1pt"> <td style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Additions</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">7</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">128</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">27</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">162</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Disposals</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(46)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(46)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Balance as at <br/> November 30, 2023</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 251</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 1,196</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 359</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 650</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 2,456</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1pt"> <td style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Disposals</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(10)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(10)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Balance as at <br/> November 30, 2024</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 241</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 1,196</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 359</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 650</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$2,446</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Accumulated depreciation</div></div></div></div> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Balance as at <br/> November 30, 2022</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 123</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 163</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 195</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 365</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 846</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Depreciation</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">100</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">217</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">32</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">101</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">450</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Disposals</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(46)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(46)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Balance as at <br/> November 30, 2023</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 177</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 380</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 227</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 466</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 1,250</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Depreciation</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">42</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">816</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">25</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">101</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">984</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Disposals</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(10)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(10)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Balance as at <br/> November 30, 2024</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$209</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$1,196</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$252</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$567</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$2,224</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Net carrying amounts</div></div></div></div> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">November 30, 2024</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">32</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$107</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$83</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 222</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">November 30, 2023</div> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 74</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 816</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 132</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 184</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 1,206</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> </tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div> </td> <td> </td> </tr> </table>

290000

1068000

332000

650000

2340000

7000

128000

27000

162000

46000

251000

1196000

359000

650000

2456000

10000

241000

1196000

359000

650000

2446000

123000 163000 195000 365000 846000

100000

217000

32000

101000

450000

46000 0 0 0 46000 177000 380000 227000 466000 1250000

42000

816000

25000

101000

984000

10000 0 0 0 10000 209000 1196000 252000 567000 2224000

32000

107000

83000

222000

74000

816000

132000

184000

1206000

766000

<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0"> <tr> <td style="width:78%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1px"> <td colspan="8" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Balance as at November 30, 2022</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 1,595</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Amortization</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(352)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Termination</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(799)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">New lease</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">326</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="8" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Balance as at November 30, 2023</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">770</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Amortization</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(337)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">New lease</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">18(c)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">603</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="8" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:15.75pt"></td> <td colspan="4" style="height:15.75pt"></td> <td colspan="4" style="height:15.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Balance as at November 30, 2024</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,036</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="8" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table>

1595000

-352000 -799000

326000

770000

-337000

603000

1036000

<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:9pt;width:100%;border:0"> <tr> <td style="width:43%"></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Commercialization<br/> rights – Trogarzo<div style="font-size:75%; vertical-align:top;display:inline;font-size:7.5px">®</div><br/> North American<br/> Territory</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Commercialization<br/> rights – Trogarzo<div style="font-size:75%; vertical-align:top;display:inline;font-size:7.5px">®</div><br/> European Territory</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 9pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">Commercialization<br/> rights – </div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">EGRIFTA</div></div></div></div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 9pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">SV</div></div></div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:7.5px">®</div></div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Oncology<br/> platform</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Total</div></div></div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Cost</div></div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Balance as at <br/> November 30, 2022</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 14,804</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 7,612</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 14,041</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 3,488</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 39,945</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Disposal</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(7,612)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(7,612)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Balance as at <br/> November 30, 2023</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 14,804</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 14,041</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 3,488</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 32,333</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Impairment loss</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3,488)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3,488)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Balance as at <br/> November 30, 2024</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 14,804</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 14,041</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 28,845</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Accumulated amortization</div></div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Balance as at <br/> November 30, 2022</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 4,354</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 7,612</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 12,970</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 24,936</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Disposal</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(7,612)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(7,612)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Amortization</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,442</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,071</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,513</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Balance as at <br/> November 30, 2023</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 5,796</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 14,041</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 19,837</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Amortization</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,440</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,440</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Balance as at <br/> November 30, 2024</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 7,236</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 14,041</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 21,277</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Net carrying amounts</div></div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">November 30, 2024</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 7,568</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 7,568</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">November 30, 2023</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 9,008</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$3,488</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$ 12,496</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table>

14804000

7612000

14041000

3488000

39945000

7612000

14804000

14041000

3488000

32333000

-3488000

14804000

14041000

28845000

4354000 7612000 12970000 0 24936000 0 -7612000 0 0 -7612000 1442000 0 1071000 0 2513000 5796000 0 14041000 0 19837000

1440000

7236000 0 14041000 0 21277000

7568000

9008000

3488000

12496000

1440000

2513000

9211000

P12Y 0.52 5000000 5000000 1000000 4000000

1463505

5207000

1000000 4000000 207000 7000000 3500000

20000000

3500000 3000000 1500000

2832000

50000000

<div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">As further consideration under the TaiMed Agreement, the Company shall make the following <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">one-time</div> payments upon the first occurrence of the following commercial events: </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:97%;border:0;margin-left:auto"> <tr> <td style="width:80%"></td> <td style="vertical-align:bottom;width:13%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Commercial milestone</div></div></div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Commercial milestone </div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">payment </div></div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 8pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 2em; text-indent: -2em; font-size: 10pt; font-family: arial; line-height: normal;">(i) Upon first achieving annual net sales of $200,000</div><div style="font-size: 3pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> <div style="font-size: 3pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"></div></td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$10,000 <div style="font-size: 3pt; margin-top: 0px; margin-bottom: 1pt; text-align: left; line-height: normal;"> </div></td> <td style="white-space:nowrap;vertical-align:bottom"> <div style="font-size: 3pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"></div></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="font-size: 3pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 2em; text-indent: -2em; font-size: 10pt; font-family: arial; line-height: normal;">(ii) Upon first achieving annual net sales of $500,000</div><div style="font-size: 3pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> <div style="font-size: 3pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"></div></td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$40,000 <div style="font-size: 3pt; margin-top: 0px; margin-bottom: 1pt; text-align: left; line-height: normal;"> </div></td> <td style="white-space:nowrap;vertical-align:bottom"> <div style="font-size: 3pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"></div></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="font-size: 3pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 2em; text-indent: -2em; font-size: 10pt; font-family: arial; line-height: normal;">(iii) Upon first achieving annual net sales of $1,000,000</div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">$100,000</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table> 10000000 40000000 100000000

6356000

120482

2300000000

3073000

1965000

5000

900

1028000

75000

1080000000

1200000000

500000

580000

2300000000

376000

500000

25000

100000

0.01 0.025 0.05 0.15 39000 50000 100000 200000 200000 0 3488000 <table cellpadding="0" cellspacing="0" style="text-align:start; border-collapse: collapse; font-family: arial; font-size: 10pt; border: 0px; width: 100%; border-spacing: 0px;"> <tr style="page-break-inside:avoid"> <td style="width:3%;vertical-align:top;text-align:left"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">14.</div></div></div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: Calibri; text-align: left; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">Accounts payable and accrued liabilities</div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border: 0px; margin: 0px auto; border-spacing: 0px;"> <tr> <td style="width: 62%;"></td> <td style="vertical-align: bottom; width: 2%;"></td> <td style="width: 0%;"></td> <td style="width: 0%;"></td> <td style="width: 0%;"></td> <td style="vertical-align: bottom; width: 2%;"></td> <td style="width: 0%;"></td> <td style="width: 0%;"></td> <td style="width: 0%;"></td> <td style="vertical-align: bottom; width: 2%;"></td> <td style="width: 0%;"></td> <td style="width: 0%;"></td> <td style="width: 0%;"></td></tr> <tr style="font-size:1pt"> <td style="height: 0.75pt; border-top: 1.5pt solid rgb(0, 0, 0);"> </td> <td colspan="4" style="height: 0.75pt; border-top: 1.5pt solid rgb(0, 0, 0);"> </td> <td colspan="4" style="height: 0.75pt; border-top: 1.5pt solid rgb(0, 0, 0);"> </td> <td colspan="4" style="height: 0.75pt; border-top: 1.5pt solid rgb(0, 0, 0);"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0);"> </td> <td colspan="2" style="vertical-align: bottom; text-align: right; border-bottom: 0.75pt solid rgb(0, 0, 0);"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Note</div></div></div></td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0);"> </td> <td colspan="2" style="vertical-align: bottom; text-align: right; border-bottom: 0.75pt solid rgb(0, 0, 0);"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0);"> </td> <td colspan="2" style="vertical-align: bottom; text-align: right; border-bottom: 0.75pt solid rgb(0, 0, 0);"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0);"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align: top; width: 62%;"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 3.3em; text-indent: -1.5em; font-size: 10pt; font-family: arial; line-height: normal;">Trade payables</div></td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="vertical-align: bottom; width: 0%;"></td> <td style="vertical-align: bottom; width: 0%;"></td> <td style="vertical-align: bottom; width: 0%;"></td> <td style="vertical-align: bottom; width: 2%;"> <div style="letter-spacing: 0px; top: 0px;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"> </div><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div></div></div></td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;">$</td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">6,326</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> <div style="letter-spacing: 0px; top: 0px;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"> </div><div style="display:inline;"> </div></div></td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;">$</td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">6,990</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align: top; width: 62%;"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3.3em; text-indent: -1.5em; font-size: 10pt; font-family: arial; line-height: normal;">Accrued liabilities and other payables</div></td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="vertical-align: bottom; width: 0%;"></td> <td style="vertical-align: bottom; width: 0%;"></td> <td style="vertical-align: bottom; width: 0%;"></td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">12,571</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">15,016</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align: top; width: 62%;"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3.3em; text-indent: -1.5em; font-size: 10pt; font-family: arial; line-height: normal;">Salaries and benefits due to key management personnel</div></td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">27</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">1,357</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">1,036</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align: top; width: 62%;"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3.3em; text-indent: -1.5em; font-size: 10pt; font-family: arial; line-height: normal;">Employee salaries and benefits payable</div></td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="vertical-align: bottom; width: 0%;"></td> <td style="vertical-align: bottom; width: 0%;"></td> <td style="vertical-align: bottom; width: 0%;"></td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">3,835</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">3,053</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align: top; width: 62%;"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3.3em; text-indent: -1.5em; font-size: 10pt; font-family: arial; line-height: normal;">Liability related to deferred stock unit plan</div></td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">19<div style="letter-spacing: 0px; top: 0px;display:inline;"> </div>(e)</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">20</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">39</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align: top; width: 62%;"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3.3em; text-indent: -1.5em; font-size: 10pt; font-family: arial; line-height: normal;">Accrued interest payable long-term debt</div></td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">16</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">40</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">840</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align: top; width: 62%;"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3.3em; text-indent: -1.5em; font-size: 10pt; font-family: arial; line-height: normal;">TaiMed milestone (a)</div></td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">13</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">-</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">1,497</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align: top; width: 62%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; width: 2%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; width: 0%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; width: 0%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; width: 0%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; width: 2%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0pt; font-size: 10pt; font-family: arial; line-height: normal;">$</div></td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;"> 24,149</div></td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td> <td style="vertical-align: bottom; width: 2%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);">$</td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> 28,471</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> </td></tr></table> <div style="font-size: 6pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; border-collapse: collapse; font-family: arial; font-size: 11pt; border: 0px; width: 100%; border-spacing: 0px;"> <tr style="page-break-inside:avoid"> <td style="width:4%"> </td> <td style="width:3%;vertical-align:top;text-align:left">(a)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: arial; text-align: justify; line-height: normal;">On October 3, 2022, the Company announced that the FDA approved Trogarzo<div style="font-size:75%; vertical-align:top;display:inline;font-size:9.1px">®</div> (ibalizumab-uiyk) for administration by intravenous (IV) push, a method by which the undiluted medication is “pushed” by syringe for faster administration into the body’s circulation. Under the TaiMed Agreement, the Company had additional contingent cash-based milestones based on the attainment of the above milestones. Accordingly, a $3,000 cash payment, payable in two annual equal installments of $1,500 has been accrued. The second payment has been discounted to reflect the effective interest rate of the liability due in year two. The first installment of $ 1,500 was paid in 2023 and the second installment was paid in 2024. </div></td></tr></table>

<table cellpadding="0" cellspacing="0" style="text-align:start; border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border: 0px; margin: 0px auto; border-spacing: 0px;"> <tr> <td style="width: 62%;"></td> <td style="vertical-align: bottom; width: 2%;"></td> <td style="width: 0%;"></td> <td style="width: 0%;"></td> <td style="width: 0%;"></td> <td style="vertical-align: bottom; width: 2%;"></td> <td style="width: 0%;"></td> <td style="width: 0%;"></td> <td style="width: 0%;"></td> <td style="vertical-align: bottom; width: 2%;"></td> <td style="width: 0%;"></td> <td style="width: 0%;"></td> <td style="width: 0%;"></td></tr> <tr style="font-size:1pt"> <td style="height: 0.75pt; border-top: 1.5pt solid rgb(0, 0, 0);"> </td> <td colspan="4" style="height: 0.75pt; border-top: 1.5pt solid rgb(0, 0, 0);"> </td> <td colspan="4" style="height: 0.75pt; border-top: 1.5pt solid rgb(0, 0, 0);"> </td> <td colspan="4" style="height: 0.75pt; border-top: 1.5pt solid rgb(0, 0, 0);"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0);"> </td> <td colspan="2" style="vertical-align: bottom; text-align: right; border-bottom: 0.75pt solid rgb(0, 0, 0);"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Note</div></div></div></td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0);"> </td> <td colspan="2" style="vertical-align: bottom; text-align: right; border-bottom: 0.75pt solid rgb(0, 0, 0);"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0);"> </td> <td colspan="2" style="vertical-align: bottom; text-align: right; border-bottom: 0.75pt solid rgb(0, 0, 0);"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0);"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align: top; width: 62%;"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 3.3em; text-indent: -1.5em; font-size: 10pt; font-family: arial; line-height: normal;">Trade payables</div></td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="vertical-align: bottom; width: 0%;"></td> <td style="vertical-align: bottom; width: 0%;"></td> <td style="vertical-align: bottom; width: 0%;"></td> <td style="vertical-align: bottom; width: 2%;"> <div style="letter-spacing: 0px; top: 0px;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"> </div><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div></div></div></td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;">$</td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">6,326</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> <div style="letter-spacing: 0px; top: 0px;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"> </div><div style="display:inline;"> </div></div></td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;">$</td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">6,990</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align: top; width: 62%;"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3.3em; text-indent: -1.5em; font-size: 10pt; font-family: arial; line-height: normal;">Accrued liabilities and other payables</div></td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="vertical-align: bottom; width: 0%;"></td> <td style="vertical-align: bottom; width: 0%;"></td> <td style="vertical-align: bottom; width: 0%;"></td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">12,571</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">15,016</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align: top; width: 62%;"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3.3em; text-indent: -1.5em; font-size: 10pt; font-family: arial; line-height: normal;">Salaries and benefits due to key management personnel</div></td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">27</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">1,357</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">1,036</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align: top; width: 62%;"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3.3em; text-indent: -1.5em; font-size: 10pt; font-family: arial; line-height: normal;">Employee salaries and benefits payable</div></td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="vertical-align: bottom; width: 0%;"></td> <td style="vertical-align: bottom; width: 0%;"></td> <td style="vertical-align: bottom; width: 0%;"></td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">3,835</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">3,053</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align: top; width: 62%;"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3.3em; text-indent: -1.5em; font-size: 10pt; font-family: arial; line-height: normal;">Liability related to deferred stock unit plan</div></td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">19<div style="letter-spacing: 0px; top: 0px;display:inline;"> </div>(e)</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">20</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">39</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align: top; width: 62%;"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3.3em; text-indent: -1.5em; font-size: 10pt; font-family: arial; line-height: normal;">Accrued interest payable long-term debt</div></td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">16</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">40</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">840</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align: top; width: 62%;"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3.3em; text-indent: -1.5em; font-size: 10pt; font-family: arial; line-height: normal;">TaiMed milestone (a)</div></td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">13</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">-</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="vertical-align: bottom; width: 2%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%;">1,497</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%;"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align: top; width: 62%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; width: 2%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; width: 0%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; width: 0%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; width: 0%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; width: 2%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0pt; font-size: 10pt; font-family: arial; line-height: normal;">$</div></td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;"> 24,149</div></td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td> <td style="vertical-align: bottom; width: 2%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);">$</td> <td style="white-space: nowrap; vertical-align: bottom; text-align: right; width: 0%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> 28,471</td> <td style="white-space: nowrap; vertical-align: bottom; width: 0%; border-bottom: 1.5pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> </td></tr></table>

6326000

6990000

12571000

15016000

1357000

1036000

3835000

3053000

20000

39000

40000

840000

1497000

24149000

28471000

3000000 1500000 1500000

<div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:39%"></td> <td style="vertical-align:bottom;width:4%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Chargebacks</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Rebates</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Returns</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Restructuring</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">(a)</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Total</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 1.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Balance as at November 30, 2022</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">977</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,055</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,485</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,517</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Provisions made</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">9,295</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,112</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,086</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,963</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">18,456</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Provisions used</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(8,676)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(5,830)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(309)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> (1,721)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> (16,536)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="padding-bottom:1pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Effect of change in exchange rate</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">168</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(2)</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">166</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 1.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Balance as at November 30, 2023</div></td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">1,596</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">5,505</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">2,262</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">240</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">9,603</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 1.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Provisions made</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">10,355</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">8,148</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">666</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">486</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">19,655</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Provisions used</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(10,119)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(9,878)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(693)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(726)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(21,416)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="padding-bottom:1pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Effect of change in exchange rate</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(25)</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(25)</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 1.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Balance as at November 30, 2024</div></td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> 1,832</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> 3,750</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> 2,235</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">7,817</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:4%;vertical-align:top;text-align:left">(a)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: justify; line-height: normal;">In July 2023, the Company initiated a reorganization mainly focused on its R&D activities. In October, 2023, the Company announced changes to its operations that saw a tapering of its research and development activities. As such, for the year ended November 30, 2023, $1,963 was recorded in charges related to severance and other expenses, of which an amount of $1,384 was recorded in research and development expenses, $220 in selling expenses and $359 in general and administrative expenses. </div></td></tr></table>

977000

5055000

1485000

7517000

9295000

6112000

1086000

1963000

18456000

8676000

5830000

309000

1721000

16536000

168000

-2000

166000

1596000

5505000

2262000

240000

9603000

10355000

8148000

666000

486000

19655000

10119000

9878000

693000

726000

21416000

-25000

1832000

3750000

2235000

7817000

1963000

1384000

220000

359000

486000

<div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Long-term debt, net of transaction costs is as follows:</div></div></div> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:27%"></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:7.5pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Calibri;font-weight:bold;text-align:right">Face</div><div style="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Calibri;font-weight:bold;text-align:right">value</div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Calibri;font-weight:bold;text-align:right">Actual</div><div style="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Calibri;font-weight:bold;text-align:right">interest rate</div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family:Calibri;display:inline;"><div style="font-weight:bold;display:inline;">Maturity</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family:Calibri;display:inline;"><div style="font-weight:bold;display:inline;">Current</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Calibri;font-weight:bold;text-align:right">2024</div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Calibri;font-weight:bold;text-align:right">Non-</div><div style="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Calibri;font-weight:bold;text-align:right">current</div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family:Calibri;display:inline;"><div style="font-weight:bold;display:inline;">Current</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Calibri;font-weight:bold;text-align:right">2023</div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Calibri;font-weight:bold;text-align:right">Non-</div><div style="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Calibri;font-weight:bold;text-align:right">current</div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; text-indent:-1.00em; font-size:10pt; font-family:arial">Marathon Term Loan</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 60,600</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">Repaid in 2024</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,286</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">50,688</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; text-indent:-1.00em; font-size:10pt; font-family:arial">TD Term Loan</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">25,000</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">7.35</td> <td style="white-space:nowrap;vertical-align:bottom">% </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">November 27, 2027</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,493</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">21,298</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; text-indent:-1.00em; font-size:10pt; font-family:arial">TD Revolver</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,000</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">7.35</td> <td style="white-space:nowrap;vertical-align:bottom">% </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">November 27, 2027</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">4,874</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; text-indent:-1.00em; font-size:10pt; font-family:arial">IQ Subordinated Loan</div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">15,000</td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">11.45</td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">% </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">May 27, 2028</td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">14,767</td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="font-size:10pt; margin-top:0pt; margin-bottom:0pt"> </div><div style="margin-top:0pt; margin-bottom:1pt; margin-left:1.50em; text-indent:-1.00em; font-size:10pt; font-family:arial">Total long-term debt</div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> 3,493</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> 40,939</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> 7,286</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> 50,688</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table>

60600000

Repaid in 2024

7286000

50688000

25000000

0.0735

November 27, 2027

3493000

21298000

5000000

0.0735

November 27, 2027

4874000

15000000

0.1145

May 27, 2028

14767000

3493000

40939000

7286000

50688000

15000000

25000000

20000000

15000000

0.0735

0.1145

1500000

0.01

0.15

100000000

40000000

20000000

15000000

25000000

20000000 14000000 14000000 16000000 15000000 20000000 30000000 15000000 20000000 540000 600000

100

60000000

1250000

2.3

5.8

0.095

Tranche 1 Loan and Tranche 2 Loan were repayable in equal monthly installments on an amortization schedule of 36 months starting in July 2024.

2024-07-27 0.03 2025-06-21 0.03 15000000 20000000

300 basis points

<div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; margin-left: 3%;text-indent: 0px;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">The movement in the carrying value of the Long-term debt as follows: </div></div></div> <div style="clear:both;max-height:0pt;text-indent: 0px;"></div> <div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:9pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:73%"></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1px"> <td colspan="16" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:2pt ;vertical-align:bottom;text-align:right">Marathon<br/> Term Loan</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:2pt ;vertical-align:bottom;text-align:right">TD Term<br/> Loan</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:2pt ;vertical-align:bottom;text-align:right">TD<br/> Revolver</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:2pt ;vertical-align:bottom;text-align:right">IQ<br/> Term<br/> Loan</td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="16" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"> Term loan as at November 30, 2022</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">37,894</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"> Issuance</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">20,000</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"> Costs related to issuance</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(1,182)</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"> Costs related to Marathon Warrants (note 19<div style="letter-spacing: 0px; top: 0px;display:inline;"> </div>(c))</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(78)</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"> Consideration for the Fifth Amendment</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">540</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"> Accretion expense</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">800</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="16" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"> Term loan as at November 30, 2023</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">57,974</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"> Accretion expense</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">1,131</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"> Cash paid on repayment</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(60,600)</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"> Costs related to repayment</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(4,403)</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"> Loss on repayment</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">5,898</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"> Issuance</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">25,000</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">5,000</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">15,000</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"> Costs related to issuance</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(209)</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(126)</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(233)</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="16" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;"> Long-term debt as at November 30, 2024</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">24,791</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">4,874</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">14,767</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="16" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table>

37894000

20000000 0 0 0

1182000

78000

540000 0 0 800000 0 0 0

57974000

1131000 0 0 0 -60600000 0 0 0 -4403000 0 0 0 5898000 0 0 0 0 25000000 5000000 15000000

209000

126000

233000

24791000

4874000

14767000

4229000

174000

1495000

10000000

54227000

28546000

73000 357000 1644000

26895000

27452000

15000 572000

27452000

253

15000

<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:5%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:79%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1px"> <td colspan="6" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">Carrying<br/> value</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"><br/> </td></tr> <tr style="font-size:1px"> <td colspan="6" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:9.75pt"></td> <td colspan="2" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Balance as at November 30, 2022</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,922</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="2" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Accretion expense</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">101</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Lease payments</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(452)</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Effect of change in exchange rates</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">17</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Termination (a)</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(920)</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">New lease (b)</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">326</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="6" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:9.75pt"></td> <td colspan="2" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Balance as at November 30, 2023</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">994</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="2" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Accretion expense</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">69</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Lease payments</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(485)</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Lease expense</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">16</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Effect of change in exchange rates</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(23)</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">New lease (c)</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">603</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="6" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:9.75pt"></td> <td colspan="2" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Balance as at November 30, 2024</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right"> 1,174</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="2" style="height:1.5pt"></td> <td colspan="4" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Current portion</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(383)</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="6" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:9.75pt"></td> <td colspan="2" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-current</div> portion</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">791</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="6" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:4%;vertical-align:top;text-align:left">(a)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: justify; line-height: normal;">On February 17, 2023, the Company terminated its lease in Ireland. Accordingly, the Company reduced its <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">right-of-use</div></div> assets by $799, the lease liabilities by $920 and recorded a gain on lease termination of $121. The gain is presented in finance income (Note 5). </div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:4%;vertical-align:top;text-align:left">(b)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: justify; line-height: normal;">On March 1, 2023, the Company signed a new lease in Ireland. Accordingly, the Company recorded a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">right-of-use</div></div> asset and a lease liability of $326. </div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:4%;vertical-align:top;text-align:left">(c)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: justify; line-height: normal;">On November 1, 2024, the Company signed a new lease in Canada. Accordingly, the Company recorded a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">right-of-use</div></div> asset and a lease liability of $603. </div></td></tr></table>

1922000

101000

452000

17000

-920000

326000

994000

69000

485000

16000 -23000

603000

1174000

383000

791000

799000 920000 121000 326000 603000

<table cellpadding="0" cellspacing="0" style="text-align:start; border: 0px currentColor; border-image: none; width: 100%; font-family: arial; font-size: 10pt; border-collapse: collapse;text-indent: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 3%; text-align: left; vertical-align: top;"><div style="display:inline;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">19.</div></div></div></div></td> <td style="text-align: left; vertical-align: top;"><div style="text-align: left; font-family: Calibri; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">Share capital, warrants and subscription receipts</div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div></td></tr></table><div style="clear:both;max-height:0pt;text-indent: 0px;"></div><div style="display:inline;"><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="clear:both;max-height:0pt;text-indent: 0px;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;"> </div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Authorized in unlimited number and without par value </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Common shares; </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Preferred shares, issuable in one or more series. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">All issued common shares were fully paid on November 30, 2024 and 2023. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Common shareholders are entitled to receive dividends as declared by the Company at its discretion and are entitled to one vote per share at the Company’s annual meeting of shareholders. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">No preferred shares are outstanding. </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:4%;vertical-align:top;text-align:left">(a)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: justify; line-height: normal;">Public offering </div></td></tr></table><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">On January 19, 2021, the Company completed a public offering for the sale and issuance of units. Each unit was comprised of one common share of the Company and one half of one common share purchase warrant of the Company (each whole warrant, a “Public Offering Warrant”) and is classified in Share Capital and Public Offering Warrants within equity. During the year ended November 30, 2023, no Public Offering Warrant were exercised (November 30, 2022 nil and November 30, 2021, 233,400 Public Offering Warrants were exercised for proceeds of $742). At November 30, 2023, there were 8,130,550 Public Offering Warrants outstanding. Four (4) Public Offering Warrants entitled the holder thereof to purchase one (1) common share at an exercise price of $12.72 at any time until January 19, 2024. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">The 8,130,550 Public Offering Warrants expired on January 19, 2024. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">On October 31, 2023, the Company completed a public offering for the sale and issuance of 12,500,000 common shares at a price of $1.00 per common share for gross proceeds of $12,500. On November 14, 2023, the Company issued 160,000 common shares at a price of $1.00 per common share for gross proceeds of $160 in relation to the partial exercise of the over-allotment option granted as part of the public offering. The Company has also completed a concurrent private placement (the “Concurrent Private Placement”) with IQ of 9,118,184 common shares and 3,381,816 fully-funded, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-voting</div> subscription receipts, exchangeable at all times into common shares on a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">one-for-one</div></div> basis, in each case, at $1.00 for gross proceeds of $12,500. The subscription receipts were issued to limit the share ownership of the investor to not more than 19.9% of the issued and outstanding common shares and the subscription receipts are exchangeable at any time, provided ownership limitations are respected. The Company has also entered into an investor rights agreement pursuant to which IQ is entitled to nominate one director to the Company’s board of directors for as long as it holds 50% of the common shares purchased pursuant to the Concurrent Private Placement. The cost of the offering amounted to $2,053. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"><div style="display:inline;"></div><br/></div><div style="clear:both;max-height:0pt;text-indent: 0px;"></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div> <table cellpadding="0" cellspacing="0" style="text-align:start; border: 0px currentColor; border-image: none; width: 100%; font-family: arial; font-size: 10pt; border-collapse: collapse;text-indent: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 3%;"><div style="display:inline;"></div></td> <td style="width: 4%; text-align: left; vertical-align: top;"><div style="display:inline;">(b)</div></td> <td style="text-align: left; vertical-align: top;"><div style="text-align: justify; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Milestone oncology </div></div></div></td></tr></table> <div style="clear:both;max-height:0pt;text-indent: 0px;"></div> <div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">In March 2021, the Company issued 120,482 common s<div style="letter-spacing: 0px; top: 0px;display:inline;">ha</div>res under the terms of the acquisition agreement entered into with all of the shareholders of Katana for Katana’s <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">in-licensed</div> oncology platform. The purchase price for the oncology platform provided for share-based consideration to be issued upon attainment of two milestones. The first milestone was achieved in March 2021. The estimated fair value of the share-based consideration of $668 initially recorded in “Contributed surplus” on the date of the acquisition was reclassified to “Share capital” (Note 13). </div> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:4%;vertical-align:top;text-align:left">(c)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: justify; line-height: normal;">Marathon Warrants </div></td></tr></table> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">On February 27, 2023, the Company issued to Marathon an aggregate of 5,000,000 common share purchase warrants (the “Marathon Warrants”) exercisable into 1,250,000 common shares, at an exercise price of $5.80. The Marathon Warrants are exercisable for a period of seven years. The Marathon Warrants are not traded on any stock exchange, are transferable only to affiliates of Marathon and may be exercised on a cashless basis. Accordingly, the Marathon Warrants are derivative financial liabilities measured at fair value through profit or loss. </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">The Marathon Warrants were issued as consideration for various amendments made to the Marathon Credit Agreement, including: </div> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:7%"> </td> <td style="width:2%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">An amendment to remove a condition precedent to the disbursement of the Tranche 2 Loan requiring the Company to have filed with the FDA the results of a human factor study before June 30, 2023; and </div></td></tr></table> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:7%"> </td> <td style="width:2%;vertical-align:top;text-align:left"><div style="font-family: SYMBOL; font-size: 9pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;display:inline;">·</div></td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: justify; line-height: normal;">An amendment to allow for the inclusion of a going concern explanatory paragraph in the annual report of the independent registered public accounting firm for the fiscal year ended November 30, 2022. </div></td></tr></table> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">In consideration of the Fifth Amendment, the Company agreed to reset the exercise price of the 5,000,000 Marathon Warrants, which are now exercisable into 1,250,000 common shares at $2.30 per common share. (Refer to Note 16) </div> <div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div> <div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div> <div style="margin-top:0pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">The fair value of the Marathon Warrants was treated as a ca<div style="letter-spacing: 0px; top: 0px;display:inline;">s</div>h outflow in testing whether the debt modification was a substantial modification and it was concluded that the modification was not substantial. At the issuance, $2,650 was recorded as a loss on debt modification using the Black-Sholes model using the assumptions set forth in the table below. An amount of $350 was recorded reflecting the increase of fair value of Marathon Warrants for the repricing upon entering into the Fifth Amendment. The derivative financial liability relating to the Marathon Warrants is recorded as a liability on the consolidated statement of financial position and resulted in a gain on fair value remeasurement of $513 for the year ended November 30, 2024 (2023 - $1,525). </div> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:93%;border:0;margin-left:auto"> <tr> <td style="width:94%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:7pt ;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Measurement date<br/> as at November 30,<br/> 2024</div></div></div> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:7pt ;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Measurement date<br/> as at November 30,<br/> 2023</div></div></div> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:7pt ;vertical-align:top;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Issuance date<br/> measurement</div></div></div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Risk-free</div> interest rate</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">4.169%</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">4.326%</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.92%</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Expected volatility</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">91.483%</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">88.568%</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">61.985%</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Average option life in years</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">5.25 years</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">6.25 years</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">7 years</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Share price</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$1.21</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$1.63</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$3.80</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="padding-bottom:6pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Exercise price</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom;text-align:right">$2.30</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom;text-align:right">$2.30</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom;text-align:right">$5.80</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table> </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">The <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">risk-free</div> interest rate is based on the implied yield on a Canadian government <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">zero-coupon</div> issue, with a remaining term equal to the term of the Marathon warrant life. The volatility is based on weighted average historical volatility adjusted for changes expected due to publicly available information. The life of the Marathon warrant is based upon the contractual term. The dividend yield was excluded from the calculation, since it is the present policy of the Company to retain all earnings to finance operations and future growth. </div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">With the issuance of the Marathon Warrants, the Company incurred transaction costs totalling $196 of which $78 was allocated to the long-term-debt and $118 was recorded as deferred financing costs relating to the available tranches under the long-term debt<div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">.</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> Deferred financing costs were written off on November 30, 2023 (Note 16). </div></div> <div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div> <div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"></div><div style="clear:both;max-height:0pt;text-indent: 0px;"></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:4%;vertical-align:top;text-align:left">(d)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: justify; line-height: normal;">ATM program </div></td></tr></table><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">Under the terms of a sales agreement dated July 23, 2021, the Comp<div style="display:inline;">any</div> was able to issue and sell from time to time its common shares, having an aggregate offering price of up to $50,000, through or to the Agent, as agent or principal, in the United States for a period which ended in December 2023. Sales of the common shares were to be made in transactions that were deemed to be <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">“at-the-market</div></div> distributions“ (“ATM“). In the fourth quarter of 2022, 400,000 common shares (2021 – no common shares) were sold for proceeds of $2,960 under the ATM program. Commission, legal and other costs related to this equity offering were charged directly to equity in the amount of $126 (2021 – nil). The common shares were sold at the prevailing market prices, which resulted in a price of $1.85 per share. Deferred financing costs in the amount of $607 were written off in the statement of net loss of November 30, 2023, in relation to the end of the program in December of 2023 without additional usage. </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:4%;vertical-align:top;text-align:left">(e)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: justify; line-height: normal;">DSU plan </div></td></tr></table><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">On December 10, 2010, the Board of Directors adopted the DSU Plan for the benefit of its directors and officers (the “Beneficiaries”). The goal of the DSU Plan is to increase the Company’s ability to attract and retain <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">high-quality</div> individuals to act as directors or officers and to better align their interests with those of the shareholders of the Company in the creation of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">long-term</div> value. Under the terms of the DSU Plan, Beneficiaries who are directors are entitled to elect to receive all or part of their annual retainer to act as directors in DSUs. Beneficiaries who act as officers are entitled to elect to receive all or part of their annual bonus, if any, in DSUs. The value of a DSU is used to determine the number of DSUs a Beneficiary may be granted or the value to be paid to a Beneficiary upon redemption. This value is equal to the average closing price of the common shares on the Toronto Stock Exchange on the date on which the Company is entitled to grant DSUs, or on the date on which a Beneficiary redeems them, and during the four previous trading days. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">DSUs may only be redeemed when a Beneficiary ceases to act as a director or an officer of the Company. Upon redemption, the Company must provide a Beneficiary with an amount in cash equal to the DSU value on the redemption date. Beneficiaries may not sell, transfer or otherwise assign their DSUs or any rights associated therewith other than by will or in accordance with legislation regarding the vesting and partition of successions. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"></div><div></div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">DSUs are totally vested on the grant date. When DSUs are granted to officers as part of their annual bonus, a DSU liability is recorded on the grant dat<div style="display:inline;">e in </div>lieu of a liability for a cash bonus payment. In the case of directors, the expenses related to DSUs and their liabilities are recognized on the grant date. During the year ended November 30, 2024, nil (2023 – nil; 2022 – $126) was recorded as an expense and is included in general and administrative expenses. The liability related to DSUs is adjusted periodically to reflect any change in the market value of the common shares. As at November 30, 2024, a gain of $9 (2023 – $224; 2022 – 221) was recognized within finance costs (Note 5). As at November 30, 2024, the Company had a total 16,443 DSUs outstanding (2023 – 24,878 DSUs) and a liability related to the DSUs of $20 (2023 – liability of $39). </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style: normal;display:inline;"><div style="font-style:italic;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Cash-settled</div> forward stock contracts</div></div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">To protect against fluctuations in the value of DSUs, the Company entered into <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">cash-settled</div> forward stock contracts. They were not designated as hedging instruments for accounting purposes. As at November 30, 2024, the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">cash-settled</div> forward stock contracts outstanding correspond to a total of 16,443 (2023 – 67,535) common shares at a price of $18.87 per share (2023 – $19.47 per share) expiring on December 17, 2025 (2023 – December 18, 2024). As at November 30, 2024, the fair value of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">cash-settled</div> forward stock contracts was $21 (2023 – $110) and is recorded in derivative financial assets. During the year ended November 30, 2024, a loss of $23 (2023 -$492; 2022 –$217) related to the change in fair value of derivative financial assets was recognized within finance costs. </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:4%;vertical-align:top;text-align:left">(f)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: justify; line-height: normal;">Stock Appreciation Rights </div></td></tr></table><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">On October 4, 2018, the Board of Directors approved a stock appreciation rights plan (the “SARs Plan”) for its consultants that entitles the grantee to receive a cash payment based on the increase in the stock price of the Company’s common shares from the grant date to the settlement date. The term of a SAR may not exceed 10 years from the grant date. Generally, SARs vest over a period of three years. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">For the year ended November 30, 2024, ($65) (2023 – ($22), 2022 – $12) was recorded as <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">share-based</div> compensation expense (recovery) for the SARs Plan. Since these awards will be <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">cash-settled,</div> the fair value of SARs granted is estimated at each reporting period using the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Black-Scholes</div> model and the following weighted average assumptions. The liability is recorded in other liabilities on the statement of financial position. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"></div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:92%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="padding-bottom:7pt ;vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Granted in 2019 and 2021</div></div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:7pt ;vertical-align:bottom"> </td> <td style="padding-bottom:7pt ;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Measurement date<br/> as at November 30,<br/> 2024</div></div></div></td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:top"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></div><br/> <div style="margin-bottom: 1pt; margin-top: 0pt; font-size: 10pt; font-family: arial; line-height: normal;"></div></td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:top;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Measurement date<br/> as at November 30,</div></div></div> <div style="margin-bottom: 1pt; margin-top: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">2023</div></td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:top"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></div><br/> <div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Risk-free</div> interest rate</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.09%</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.55%</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Expected volatility</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">92.3%</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">89.51%</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Average option life in years</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">5.8 years</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">6.8 years</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Share price</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 1.21 (CA$1.70)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.58 (CA$2.15)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="padding-bottom:6pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Option exercise price</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom;text-align:right">16.42 (CA$23.01)</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom;text-align:right"> 16.99 (CA$23.07)</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">The <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">risk-free</div> interest rate is based on the implied yield on a Canadian government <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">zero-coupon</div> issue, with a remaining <div style="display:inline;">term </div>equal to the expected term of a SAR. The volatility is based on weighted average historical volatility adjusted for changes expected due to publicly available information. The life of a SAR is estimated taking into consideration the vesting period on the grant date, the life of a SAR and the average length of time similar grants have remained outstanding in the past. The dividend yield was excluded from the calculation, since it is the present policy of the Company to retain all earnings to finance operations and future growth. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">There were 16,875 SARs outstanding at November 30, 2024. No SARs were granted during the years ended November 30, 2024 and 2023. </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:4%;vertical-align:top;text-align:left">(g)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: justify; line-height: normal;">Shareholder rights plan </div></td></tr></table><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">On March 3, 2022, the Board of Directors approved certain amendments and the renewal of the Company’s shareholder rights plan and, on April 6, 2022, the Company and Computershare Trust Services of Canada entered into an amended and restated shareholder rights plan agreement (the “Rights Plan”). The Rights Plan was approved by the shareholders on May 10, 2022. The Rights Plan is designed to provide adequate time for the Board and the shareholders to assess an unsolicited takeover bid for the Company. In addition, Rights the Plan provides the Board with sufficient time to explore and develop alternatives for maximizing shareholder value if a takeover bid is made, as well as provide shareholders with an equal opportunity to participate in a takeover bid to receive full and fair value for their common shares. The Rights Plan will expire at the close of the Company’s annual meeting of shareholders in 2025 unless the Rights Plan is reconfirmed and approved by shareholders at such meeting. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"></div><div style="clear:both;max-height:0pt;text-indent: 0px;"></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:4%;vertical-align:top;text-align:left">(g)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: justify; line-height: normal;">Shareholder rights plan (continued) </div></td></tr></table><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">The rights issued under the Rights Plan are initially attached to and traded with the common shares, and no separate certificate is issued unless a triggering event occurs. The rights become exercisable only when an acquiring person, including any party related to it, acquires or attempts to acquire 20% or more of the outstanding common shares without complying with the “Permitted Bid” provisions of the Rights Plan or without approval of the Board of Directors. Subject to the terms and conditions set out in the Rights Plan, each right (other than those held by the acquiring person) will permit the holder to purchase for the exercise price that number of common shares determined as follows: a value of twice the exercise price divided by the “Market Price” (defined under the Rights Plan as being the average weighted trading price per common share for the 20 consecutive trading days through and including the trading day immediately preceding the relevant date) on the common share acquisition date (defined as “Stock Acquisition Date” under the Rights Plan). The exercise price under the Rights Plan has been set to three (3) times the Market Price. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">Under the Rights Plan, a Permitted Bid is a bid made to all holders of common shares and which is open for acceptance for no less than 105 days. If, at the end of 105 days, more than 50% of the outstanding common shares, other than those owned by the offeror and certain related parties, have been tendered, the offeror may take up and pay for the common shares. If more than 50% of the outstanding common shares, other than those owed by the offeror and certain related parties, have been tendered within the above mentioned 105 days period, the offeror must make a public announcement of that fact and the bid must remain open for an additional ten business days from the date of the announcement. </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:4%;vertical-align:top;text-align:left">(h)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: justify; line-height: normal;">Stock option plan </div></td></tr></table><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">The Company has established a stock option plan (the “Option Plan”) under which it can grant its directors, officers, employees, researchers and consultants <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-transferable</div> options (the “Option”) for the purchase of common shares. The exercise date of an Option may not be later than 10 years after the grant date. On March 28, 2023, the Company’s Board of Directors amended the Option Plan to provide, among other things, that the maximum number of common shares that may be issued under the Option Plan (together with any other security-based compensation arrangements) shall not exceed 17% of the issued and outstanding common shares, on a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-diluted</div> basis. The Option Plan has a “reloading” or “evergreen” feature, so that when Options are exercised, the number of common shares issuable under the Option Plan will be replenished and such exercised Options will be available to be regranted in the future. Shareholders ratified this amendment on May 9, 2023. Generally, the Options vest on the grant date or over a period of up to three years. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">As at November 30, 2024, 2,128,406 Options could still be granted by the Company (2023 – 5,762,675, 2022 – 1,091,358) under the Option Plan. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">All Options are to be settled by the physical delivery of common shares. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"></div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">Changes in the number of Options outstanding during the past two years were as follows: </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:9pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:80%"></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td colspan="13" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td colspan="12" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 9pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Weighted average</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 9pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">exercise price</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 9pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">per option</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 9pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Number</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 9pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">of Options</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">CA$</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">US$</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Options outstanding in CA$</div></div></div></div><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Options outstanding as at November 30, 2022</div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">1,180,052</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">15.92</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">11.84</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Granted – CA$</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">792,193</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">5.16</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.80</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="padding-bottom:1pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Forfeited and expired – CA$</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(197,686)</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">12.34</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">9.10</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Options outstanding as at November 30, 2023</div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">1,774,559</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">11.51</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">8.48</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Granted – CA$</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,338,635</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.75</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.27</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="padding-bottom:1pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Forfeited and expired – CA$</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(86,986)</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">16.85</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">12.18</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Options outstanding as at November 30, 2024 – CA$</div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">5,026,208</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">4.98</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">3.55</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Options exercisable as at November 30, 2024 – CA$</div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">2,444,172</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">7.76</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">5.54</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Options exercisable as at November 30, 2023 – CA$</div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">926,539</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> 15.19</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> 11.19</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0px; margin-bottom: 0px; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;"> </div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="font-size:1px; font-family:arial; font-size:9pt"> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0px; margin-bottom: 0px; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;"> </div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Options outstanding in US$</div></div></div></div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Options as at November 30, 2022 – US$</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">106,643</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">10.00</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Granted – US$</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">203,935</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.80</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="padding-bottom:1pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Forfeited – US$</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(31,209)</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">5.01</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Options outstanding as at November 30, 2023 – US$</div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">279,369</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">6.02</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Granted – US$</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">420,852</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.26</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="padding-bottom:1pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Forfeited – US$</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(38,243)</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">5.35</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Options outstanding as at November 30, 2024 – US$</div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">661,978</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">3.35</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Options exercisable as at November 30, 2024 – US$</div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">302,366</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">4.37</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Options exercisable as at November 30, 2023 – US$</div></td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">65,692</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">9.48</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"></div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">The following table <div style="display:inline;">provides </div>Option information as at November 30, 2024 (Options outstanding in CA$). </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:26%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:15%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:1%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:2%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Price range</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Number of</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">options</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">outstanding</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Weighted</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">average</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;"> remaining</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">life</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;"> Weighted</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">average</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">exercise</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">price</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">CA$</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">US$</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">(years)</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">CA$</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">US$</div></div></div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">1.00 – 4.76</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;white-space:nowrap;text-align:right">0.71 – 3.40</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 3,396,135</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> <div style="-sec-ix-hidden:hidden131472325;display:inline;">9,68</div></td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.75</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.25</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">4.77 – 8.00</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;white-space:nowrap;text-align:right">3.40 – 5.71</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">686,201</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">8.25</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">5.16</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.68</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">8.01 – 15.00</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;white-space:nowrap;text-align:right">5.72 – 10.71</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">297,530</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">4.40</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">11.04</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">7.88</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">15.01 – 24.00</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;white-space:nowrap;text-align:right"> 10.72 – 17.13</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">571,091</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">6.55</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 16.85</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 12.02</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">24.01 – 36.00</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;white-space:nowrap;text-align:right">17.14 – 25.70</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">48,075</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.83</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">33.14</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">23.65</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="padding-bottom:1pt ;vertical-align:top;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">36.01 – 40.00</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;vertical-align:bottom;white-space:nowrap;text-align:right">25.71 – 28.55</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">27,176</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">3.35</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">38.24</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">27.29</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">5,026,208</div></td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">8.73</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">4.98</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">3.55</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">The following table provides Option information as at November 30, 2024 (Options outstanding in US$). </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:27%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:15%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:1%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:2%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Price range</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Number of</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Options</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">outstanding</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Weighted</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">average</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;"> remaining</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">life</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;"> Weighted</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">average</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">exercise</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">price</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">US$</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">(years)</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">US$</div></div></div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;white-space:nowrap;text-align:right">1.00 – 4.76</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 571,951</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 9.44</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.93</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;white-space:nowrap;text-align:right"> 4.77 – 15.00</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">90,027</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">6.99</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 12.34</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:0.75pt solid #000000;height:1.5pt"> </td> <td colspan="2" style="BORDER-TOP:0.75pt solid #000000;height:1.5pt"> </td> <td colspan="2" style="BORDER-TOP:0.75pt solid #000000;height:1.5pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:1.5pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:1.5pt"> </td> <td colspan="2" style="BORDER-TOP:0.75pt solid #000000;height:1.5pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:1.5pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:1.5pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">661,978</td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">9.11</td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">3.35</td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"></div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">For the year ended November 30, 2024, $3,612 (2023 - $2,237, 2022 – $3,860) was recorded as <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">share-based</div> compensation expense for the Option Plan. Unrecognized compensation cost as at November 30, 2024 is $ 1,804 (2023- $ 1,593) and <div style="display:inline;">the </div>period over which the unrecognized compensation cost is expected to be recognized is 1.25 years (2023 – 1.16 years). </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">Because of black-out periods in effect in fiscal 2024, the Company reserved 2,507,694 options for future issuance. The fair value of options reserved in fiscal 2024 was estimated at the issuance date and was remeasured at each period end until grant date is achieved. Compensation expense was recorded for the reserved options because service commencement had occurred. Reserved options were granted in the third quarter therefore a final measurement was determined at the grant date. The fiscal 2024 expense relating to those options amounted to $1,931, which includes the respective remeasurement adjustment since issuance date. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">The fair value of Options granted in 2024 and 2023 was estimated on the grant date using the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Black-Scholes</div> model and the following weighted average assumptions. </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:68%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> Options granted in CA$</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Risk-free</div> interest rate</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">3.23%</div></td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">3.33%</div></td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Expected volatility</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right">92.3%</td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right">64.3%</td> <td style="white-space:nowrap;vertical-align:top"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Average option life in years</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right">9.65 years</td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right">9.5 years</td> <td style="white-space:nowrap;vertical-align:top"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Grant-date</div> share price</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top">$</td> <td style="white-space:nowrap;vertical-align:top;text-align:right"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right">1.25 (CA$1.75)</td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right">3.80 (CA$5.16)</td> <td style="white-space:nowrap;vertical-align:top"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Option exercise price</div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top">$</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top;text-align:right"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top;text-align:right">1.25 (CA$1.75)</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top;text-align:right"> 3.80 (CA$5.16)</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top"> </td></tr></table><div style="font-size: 36pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:68%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> Options granted in US$</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Risk-free</div> interest rate</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">4.06%</div></td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">3.92%</div></td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Expected volatility</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right">91.5%</td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right">62%</td> <td style="white-space:nowrap;vertical-align:top"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Average option life in years</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right"> 9.65 years</td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right"> 9.5 years</td> <td style="white-space:nowrap;vertical-align:top"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Grant-date</div> share price</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top">$</td> <td style="white-space:nowrap;vertical-align:top;text-align:right"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right">1.26</td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right">3.80</td> <td style="white-space:nowrap;vertical-align:top"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Option exercise price</div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top">$</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top;text-align:right"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top;text-align:right">1.26</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top;text-align:right">3.80</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top"> </td></tr></table><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"></div><div></div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">The <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">risk-free</div> interest rate is based on the implied yield on a Canadian or U.S. government <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">zero-coupon</div> issue, with a remaining term equal to the expected term of an Option. The volatility is based on the weighted average historical volatility adjusted for changes expected due to publicly available information. The contractual life of an Option is estimated taking into consideration the vesting period on the grant date, the life of the Option and the average period of time similar grants have remained outstanding in the past. The dividend yield was excluded from the calculation, since Company policy is to retain all earnings to finance operations and future growth. </div><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">The following table summarizes the measurement date weighted average fair value of Options granted during the years ended November 30, 2024 and 2023. </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:11pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:63%"></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:12pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:12pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:12pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:12pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:11pt"> <td style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> Options granted in CA$</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Number</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">of</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Options granted</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Weighted</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">average</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">grant date</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">fair value</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2024</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,338,635</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> $</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.08 (CA$1.52)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2023</div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">792,193</td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> $</td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">2.77 (CA$3.76)</td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:11pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:64%"></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:12pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:12pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:12pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:12pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:11pt"> <td style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> Options granted in US$</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Number</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">of</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Options granted</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Weighted</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">average</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">grant date</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">fair value</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2024</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">420,582</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> $</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 1.10</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2023</div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">203,935</td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> $</td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">2.72</td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">The <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Black-Scholes</div> model used by the Company to calculate the option values was developed to estimate the fair value of freely tradable, fully transferable Options without vesting restrictions, which significantly differs from the Company’s Option grants. This model also requires four highly subjective assumptions, including future stock price volatility and the average Option life, which greatly affect the calculated <div style="display:inline;">values</div>. </div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div><div style="clear:both;max-height:0pt;text-indent: 0px;"></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="display:inline;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:4%;vertical-align:top;text-align:left">(i)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: left; line-height: normal;">Loss per share </div></td></tr></table> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">The calculation of basic loss per common share was based on the net loss attributable to common shareholders of the Company of $8,306 (2023 – $23,957, 2022 – $47,237) and a weighted average number of common shares outstanding calculated as follows. </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:61%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:11pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:8pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:8pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:8pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2022</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 6.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Issued common shares as at December 1</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 45,980,019</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 24,201,582</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 23,780,417</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 6.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Effect of subscription receipts</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,381,816</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">287,223</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 6.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Effect of share options exercised</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,338</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 6.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Effect of public issue common shares</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,843,517</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 6.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Impact on conversion of convertible unsecured senior notes</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">107</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 6.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Effect of share issue - ATM program</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">29,589</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="padding-bottom:3pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 6.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Weighted average number of common shares, basic and diluted</div></td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">49,361,835</td> <td style="padding-bottom:3pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">26,332,429</td> <td style="padding-bottom:3pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">23,813,344</td> <td style="padding-bottom:3pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">For the year ended November 30, 2024, 5,688,186 (2023 – 2,053,928, 2022 – 1,286,695) Options and 5,000,000 Marathon Warrants were excluded from the weighted average number of diluted common shares calculation as their effect would have been <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">anti-dilutive.</div> The convertible unsecured senior notes were also excluded from the weighted average number of diluted common share calculation for the periods they were outstanding. </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:4%;vertical-align:top;text-align:left">(j)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: left; line-height: normal;">Accumulated other comprehensive income (<div style="letter-spacing: 0px; top: 0px;display:inline;">loss</div>) </div></td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:71%"></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:11pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:8pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:8pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:8pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2022</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 6.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Unrealized losses on FVOCI financial assets, net of tax</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(42)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(256)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(555)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="padding-bottom:3pt ;vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 6.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Cumulative exchange difference on translation of foreign operations</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom;text-align:right">940</td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom;text-align:right">940</td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom;text-align:right">940</td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:0.75pt solid #000000;height:14.25pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:14.25pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:14.25pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:14.25pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:3pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> 898</td> <td style="padding-bottom:3pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:3pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> 684</td> <td style="padding-bottom:3pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:3pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> 385</td> <td style="padding-bottom:3pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table>

one half of one 0 0 233400

742000

8130550 12.72 8130550 2024-01-19

12500000

160000

9118184 3381816 1 12500000 0.199 0.50

2053000

120482

668000

5000000

1250000

P5Y9M18D P7Y 5000000

1250000

2.3 -2650000 350000

513000

1525000

<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:93%;border:0;margin-left:auto"> <tr> <td style="width:94%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:7pt ;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Measurement date<br/> as at November 30,<br/> 2024</div></div></div> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:7pt ;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Measurement date<br/> as at November 30,<br/> 2023</div></div></div> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:7pt ;vertical-align:top;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Issuance date<br/> measurement</div></div></div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Risk-free</div> interest rate</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">4.169%</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">4.326%</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.92%</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Expected volatility</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">91.483%</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">88.568%</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">61.985%</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Average option life in years</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">5.25 years</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">6.25 years</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">7 years</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Share price</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$1.21</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$1.63</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">$3.80</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="padding-bottom:6pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Exercise price</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom;text-align:right">$2.30</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom;text-align:right">$2.30</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom;text-align:right">$5.80</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table>

4.169

4.326

3.92

91.483

88.568

61.985

5.25

6.25

1.21

1.63

3.8

2.3

5.8

196000 78000 118000 50000000

400000

2960000

126000

1.85

607000

126000

9000

224000

221000

16443

24878

20000

39000

16443 67535 18.87 19.47 21000 110000

-23000

-492000

217000

P10Y

65000

22000

12000

the fair value of SARs granted is estimated at each reporting period using the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Black-Scholes</div> model and the following weighted average assumptions. The liability is recorded in other liabilities on the statement of financial position. <div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"></div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:92%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="padding-bottom:7pt ;vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Granted in 2019 and 2021</div></div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:7pt ;vertical-align:bottom"> </td> <td style="padding-bottom:7pt ;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Measurement date<br/> as at November 30,<br/> 2024</div></div></div></td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:top"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></div><br/> <div style="margin-bottom: 1pt; margin-top: 0pt; font-size: 10pt; font-family: arial; line-height: normal;"></div></td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:top;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Measurement date<br/> as at November 30,</div></div></div> <div style="margin-bottom: 1pt; margin-top: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">2023</div></td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:top"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></div><br/> <div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Risk-free</div> interest rate</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.09%</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.55%</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Expected volatility</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">92.3%</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">89.51%</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Average option life in years</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">5.8 years</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">6.8 years</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Share price</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 1.21 (CA$1.70)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.58 (CA$2.15)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td> <td colspan="4" style="height:6pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="padding-bottom:6pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Option exercise price</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom;text-align:right">16.42 (CA$23.01)</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom;text-align:right"> 16.99 (CA$23.07)</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table>

0.0309

0.0355

0.923

0.8951

5.8

6.8

1.21

1.7

1.58

2.15

16.42

23.01

16.99

23.07

16875

0.17 2128406 5762675 1091358 <div style="margin-top:0pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">Changes in the number of Options outstanding during the past two years were as follows: </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:9pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:80%"></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td colspan="13" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td colspan="12" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 9pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Weighted average</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 9pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">exercise price</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 9pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">per option</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 9pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Number</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 9pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">of Options</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">CA$</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">US$</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Options outstanding in CA$</div></div></div></div><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Options outstanding as at November 30, 2022</div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">1,180,052</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">15.92</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">11.84</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Granted – CA$</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">792,193</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">5.16</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.80</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="padding-bottom:1pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Forfeited and expired – CA$</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(197,686)</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">12.34</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">9.10</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Options outstanding as at November 30, 2023</div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">1,774,559</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">11.51</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">8.48</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Granted – CA$</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,338,635</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.75</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.27</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="padding-bottom:1pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Forfeited and expired – CA$</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(86,986)</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">16.85</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">12.18</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Options outstanding as at November 30, 2024 – CA$</div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">5,026,208</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">4.98</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">3.55</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Options exercisable as at November 30, 2024 – CA$</div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">2,444,172</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">7.76</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">5.54</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Options exercisable as at November 30, 2023 – CA$</div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">926,539</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> 15.19</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> 11.19</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0px; margin-bottom: 0px; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;"> </div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="font-size:1px; font-family:arial; font-size:9pt"> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0px; margin-bottom: 0px; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;"> </div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Options outstanding in US$</div></div></div></div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Options as at November 30, 2022 – US$</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">106,643</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">10.00</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Granted – US$</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">203,935</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.80</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="padding-bottom:1pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Forfeited – US$</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(31,209)</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">5.01</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Options outstanding as at November 30, 2023 – US$</div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">279,369</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">6.02</td> <td style="BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Granted – US$</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">420,852</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.26</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="padding-bottom:1pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Forfeited – US$</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(38,243)</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">5.35</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Options outstanding as at November 30, 2024 – US$</div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">661,978</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">3.35</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Options exercisable as at November 30, 2024 – US$</div></td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">302,366</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">4.37</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -2em; font-size: 9pt; font-family: arial; line-height: normal;">Options exercisable as at November 30, 2023 – US$</div></td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">65,692</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">9.48</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table>

1180052

15.92

11.84

792193

5.16

3.8

-197686 12.34 9.1

1774559

11.51

8.48

3338635

1.75

1.27

-86986 16.85 12.18

5026208

4.98

3.55

2444172

7.76

5.54

926539

15.19

11.19

106643

203935

3.8

31209

5.01

279369

6.02

420852

1.26

38243

5.35

661978

3.35

302366

4.37

65692

9.48

<div style="margin-top:0pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">The following table <div style="display:inline;">provides </div>Option information as at November 30, 2024 (Options outstanding in CA$). </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:26%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:15%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:1%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:2%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Price range</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Number of</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">options</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">outstanding</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Weighted</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">average</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;"> remaining</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">life</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;"> Weighted</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">average</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">exercise</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">price</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">CA$</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">US$</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">(years)</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">CA$</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">US$</div></div></div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">1.00 – 4.76</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;white-space:nowrap;text-align:right">0.71 – 3.40</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 3,396,135</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> <div style="-sec-ix-hidden:hidden131472325;display:inline;">9,68</div></td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.75</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.25</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">4.77 – 8.00</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;white-space:nowrap;text-align:right">3.40 – 5.71</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">686,201</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">8.25</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">5.16</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.68</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">8.01 – 15.00</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;white-space:nowrap;text-align:right">5.72 – 10.71</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">297,530</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">4.40</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">11.04</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">7.88</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">15.01 – 24.00</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;white-space:nowrap;text-align:right"> 10.72 – 17.13</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">571,091</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">6.55</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 16.85</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 12.02</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">24.01 – 36.00</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;white-space:nowrap;text-align:right">17.14 – 25.70</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">48,075</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.83</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">33.14</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">23.65</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="padding-bottom:1pt ;vertical-align:top;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">36.01 – 40.00</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;vertical-align:bottom;white-space:nowrap;text-align:right">25.71 – 28.55</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">27,176</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">3.35</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">38.24</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom;text-align:right">27.29</td> <td style="padding-bottom:1pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">5,026,208</div></td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">8.73</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">4.98</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">3.55</td> <td style="padding-bottom:1pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table><div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">The following table provides Option information as at November 30, 2024 (Options outstanding in US$). </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:27%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:15%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:1%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:2%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Price range</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Number of</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Options</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">outstanding</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Weighted</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">average</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;"> remaining</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">life</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;"> Weighted</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">average</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">exercise</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">price</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">US$</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">(years)</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">US$</div></div></div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;white-space:nowrap;text-align:right">1.00 – 4.76</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 571,951</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 9.44</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.93</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;white-space:nowrap;text-align:right"> 4.77 – 15.00</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">90,027</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">6.99</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 12.34</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:0.75pt solid #000000;height:1.5pt"> </td> <td colspan="2" style="BORDER-TOP:0.75pt solid #000000;height:1.5pt"> </td> <td colspan="2" style="BORDER-TOP:0.75pt solid #000000;height:1.5pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:1.5pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:1.5pt"> </td> <td colspan="2" style="BORDER-TOP:0.75pt solid #000000;height:1.5pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:1.5pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:1.5pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">661,978</td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">9.11</td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">3.35</td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table>

4.76

0.71

3.4

3396135

1.75

1.25

4.77

3.4

5.71

686201

P8Y3M

5.16

3.68

8.01

5.72

10.71

297530

P4Y4M24D

11.04

7.88

15.01

10.72

17.13

571091

P6Y6M18D

16.85

12.02

24.01

17.14

25.7

48075

P3Y9M29D

33.14

23.65

36.01

25.71

28.55

27176

P3Y4M6D

38.24

27.29

5026208

P8Y8M23D

4.98

3.55

4.76

571951

P9Y5M8D

1.93

4.77

90027

P6Y11M26D

12.34

661978

P9Y1M9D

3.35

3612000

2237000

3860000

1804000 1593000 2507694 1931000 <div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">The fair value of Options granted in 2024 and 2023 was estimated on the grant date using the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Black-Scholes</div> model and the following weighted average assumptions. </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:68%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> Options granted in CA$</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Risk-free</div> interest rate</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">3.23%</div></td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">3.33%</div></td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Expected volatility</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right">92.3%</td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right">64.3%</td> <td style="white-space:nowrap;vertical-align:top"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Average option life in years</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right">9.65 years</td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right">9.5 years</td> <td style="white-space:nowrap;vertical-align:top"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Grant-date</div> share price</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top">$</td> <td style="white-space:nowrap;vertical-align:top;text-align:right"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right">1.25 (CA$1.75)</td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right">3.80 (CA$5.16)</td> <td style="white-space:nowrap;vertical-align:top"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Option exercise price</div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top">$</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top;text-align:right"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top;text-align:right">1.25 (CA$1.75)</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top;text-align:right"> 3.80 (CA$5.16)</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top"> </td></tr></table><div style="font-size: 36pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:68%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> Options granted in US$</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Risk-free</div> interest rate</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">4.06%</div></td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0pt; font-size: 10pt; font-family: arial; text-align: right; line-height: normal;">3.92%</div></td> <td style="white-space:nowrap;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-bottom: 1pt; margin-top: 0px; font-size: 10pt; font-family: arial; line-height: normal;"> </div></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Expected volatility</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right">91.5%</td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right">62%</td> <td style="white-space:nowrap;vertical-align:top"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Average option life in years</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right"> 9.65 years</td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right"> 9.5 years</td> <td style="white-space:nowrap;vertical-align:top"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Grant-date</div> share price</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top">$</td> <td style="white-space:nowrap;vertical-align:top;text-align:right"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right">1.26</td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:top"> </td> <td style="white-space:nowrap;vertical-align:top;text-align:right">3.80</td> <td style="white-space:nowrap;vertical-align:top"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Option exercise price</div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top">$</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top;text-align:right"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top;text-align:right">1.26</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top;text-align:right">3.80</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:top"> </td></tr></table>

0.0323

0.0333

0.923

0.643

9.65

9.5

1.25

1.75

3.8

5.16

1.25

1.75

3.8

5.16

0.0406

0.0392

0.915

0.62

9.65

9.5

1.26

3.8

1.26

3.8

<div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">The following table summarizes the measurement date weighted average fair value of Options granted during the years ended November 30, 2024 and 2023. </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:11pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:63%"></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:12pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:12pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:12pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:12pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:11pt"> <td style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> Options granted in CA$</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Number</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">of</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Options granted</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Weighted</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">average</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">grant date</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">fair value</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2024</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,338,635</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> $</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.08 (CA$1.52)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2023</div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">792,193</td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> $</td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">2.77 (CA$3.76)</td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:11pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:64%"></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:12pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:12pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:12pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:12pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:11pt"> <td style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> Options granted in US$</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Number</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">of</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Options granted</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">Weighted</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">average</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">grant date</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 11pt; font-family: Calibri; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">fair value</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2024</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">420,582</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> $</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 1.10</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 7.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">2023</div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">203,935</td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> $</td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">2.72</td> <td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table>

3338635

1080.00

1520

792193

2770

3760

420582

1100

203935

2720

<div style="margin-top:12pt; margin-bottom:0pt; margin-left:7%; font-size:10pt; font-family:arial;text-align:justify">The calculation of basic loss per common share was based on the net loss attributable to common shareholders of the Company of $8,306 (2023 – $23,957, 2022 – $47,237) and a weighted average number of common shares outstanding calculated as follows. </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:61%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:11pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:8pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:8pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:8pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2022</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 6.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Issued common shares as at December 1</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 45,980,019</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 24,201,582</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 23,780,417</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 6.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Effect of subscription receipts</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,381,816</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">287,223</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 6.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Effect of share options exercised</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,338</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 6.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Effect of public issue common shares</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,843,517</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 6.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Impact on conversion of convertible unsecured senior notes</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">107</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 6.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Effect of share issue - ATM program</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">29,589</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="padding-bottom:3pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 6.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Weighted average number of common shares, basic and diluted</div></td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">49,361,835</td> <td style="padding-bottom:3pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">26,332,429</td> <td style="padding-bottom:3pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">23,813,344</td> <td style="padding-bottom:3pt ;BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table>

-8306000

-23957000

-47237000

45980019

24201582

23780417

3381816 287223 0 0 0 3338 0 1843517 0

107

0 0 29589

49361835

26332429

23813344

5688186 2053928 1286695 5000000 <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:71%"></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td> <td colspan="4" style="BORDER-TOP:1.50pt solid #000000;height:0.75pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:11pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:8pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:8pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:8pt ;BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2022</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 6.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Unrealized losses on FVOCI financial assets, net of tax</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(42)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(256)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(555)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="padding-bottom:3pt ;vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 1pt; margin-left: 6.5em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Cumulative exchange difference on translation of foreign operations</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom;text-align:right">940</td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom;text-align:right">940</td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom;text-align:right">940</td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:0.75pt solid #000000;height:14.25pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:14.25pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:14.25pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:14.25pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:3pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> 898</td> <td style="padding-bottom:3pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:3pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> 684</td> <td style="padding-bottom:3pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:3pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> 385</td> <td style="padding-bottom:3pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table>

-42000

-256000

-555000

940000

898000

684000

385000

<div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The following table presents the components of the current and deferred tax expenses (recovery). </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:67%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;white-space:nowrap;vertical-align:top"> </td> <td style="padding-bottom:4pt ;white-space:nowrap;vertical-align:top;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style="padding-bottom:4pt ;white-space:nowrap;vertical-align:top"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;white-space:nowrap;vertical-align:top"> </td> <td style="padding-bottom:4pt ;white-space:nowrap;vertical-align:top;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style="padding-bottom:4pt ;white-space:nowrap;vertical-align:top"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2022</div></div></div></td> <td style="padding-bottom:4pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Current tax expense</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">1,947</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">450</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">443</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Deferred tax expense (recovery)</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td></tr> <tr style="font-size:1pt"> <td style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Origination and reversal of temporary differences</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> (2,708)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(5,972)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(11,705)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="padding-bottom:3pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Change in unrecognized deductible temporary differences</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom;text-align:right">2,766</td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom;text-align:right"> 5,943</td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom;text-align:right">11,705</td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="padding-bottom:3pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Total deferred tax expense (recovery)</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom;text-align:right">58</td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom;text-align:right">(29)</td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom;text-align:right"> -</td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="padding-bottom:3pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Total current and deferred tax expense</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom;text-align:right">2,005</td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom;text-align:right">421</td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom;text-align:right">443</td> <td style="padding-bottom:3pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table>

1947000

450000

443000

-2708000

-5972000

-11705000

-2766000 -5943000 -11705000

58000

-29000

2005000

421000

443000

<div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Reconciliation between effective and applicable tax amounts. </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:69%"></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;white-space:nowrap;vertical-align:top"> </td> <td style="padding-bottom:4pt ;white-space:nowrap;vertical-align:top;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style="padding-bottom:4pt ;white-space:nowrap;vertical-align:top"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;white-space:nowrap;vertical-align:top"> </td> <td style="padding-bottom:4pt ;white-space:nowrap;vertical-align:top;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style="padding-bottom:4pt ;white-space:nowrap;vertical-align:top"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;white-space:nowrap;vertical-align:top"> </td> <td style="padding-bottom:4pt ;white-space:nowrap;vertical-align:top;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2022</div></div></div></td> <td style="padding-bottom:4pt ;white-space:nowrap;vertical-align:top"> </td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Income taxes at domestic tax statutory rate</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(1,670)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(6,237)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(12,400)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Change in unrecognized deductible temporary differences</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 2,766</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 5,943</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 11,705</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Impact of differences in statutory tax rates</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">36</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(130)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">102</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-deductible</div> expenses and other</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">873</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">845</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">1,036</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td> <td colspan="4" style="height:12pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="padding-bottom:2pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Total income tax expense</div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">2,005</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">421</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom;text-align:right">443</td> <td style="padding-bottom:2pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table>

-1670000

-6237000

-12400000

-2766000 -5943000 -11705000

36000

-130000

102000

873000

845000

1036000

2005000

421000

443000

0.265

1488000 0 0 178000 1488000 539000 0 316000 0 78000 0 0

<div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">As at November 30, 2024 and 2023, the amounts and expiry dates of Canadian tax attributes for which no deferred tax asset was recognized were as follows: </div> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:9pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:88%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1px"> <td colspan="16" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:4pt ;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:4pt ;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="16" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:4pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> Federal</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:4pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> Provincial</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:4pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> Federal</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:4pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> Provincial</div></div></div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="16" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 6em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Research and development expenses, without time limitation</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">89,597</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">107,289</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">87,151</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">105,549</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 6em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Losses carried forward 2027</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,343</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,336</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,512</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,504</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">2028</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">32,729</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">14,511</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">33,761</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">16,258</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">2029</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">13,907</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">10,883</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">14,345</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">12,124</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">2030</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">8,166</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">8,163</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">8,423</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">8,420</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">2031</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">16,816</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">10,276</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">17,346</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">15,397</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">2032</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">11,393</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">10,461</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">11,752</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">10,791</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">2033</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">8,186</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">8,109</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">8,444</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">8,365</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">2034</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,497</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,431</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,733</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,665</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">2037</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,690</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,610</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,901</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,818</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">2038</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,952</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,878</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,013</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,938</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">2039</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,286</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,249</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,326</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,289</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">2040</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,021</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,997</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,242</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,218</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">2041</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">18,566</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">18,495</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">19,152</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">19,078</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">2042</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">28,155</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">28,003</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">29,042</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">28,885</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 8em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">2043</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">16,224</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">16,001</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">19,298</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">19,284</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 6em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Other temporary differences, without time limitation</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td> <td style="vertical-align:bottom"></td></tr> <tr style="font-size:1pt"> <td style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 6em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Excess of tax value of property and equipment over carrying value</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,435</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,420</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">435</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">420</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 6em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Excess of tax value of intellectual property and patent fees over carrying value</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">10,334</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">10,331</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">10,660</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">10,656</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 6em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Available deductions and other</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">80,465</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">38,047</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">73,522</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">32,536</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="16" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table>

89597000 107289000 87151000 105549000

5343000

5336000

5512000

5504000

32729000

14511000

33761000

16258000

13907000

10883000

14345000

12124000

8166000

8163000

8423000

8420000

16816000

10276000

17346000

15397000

11393000

10461000

11752000

10791000

8186000

8109000

8444000

8365000

7497000

7431000

7733000

7665000

6690000

6610000

6901000

6818000

1952000

1878000

2013000

1938000

1286000

1249000

1326000

1289000

7021000

6997000

7242000

7218000

18566000

18495000

19152000

19078000

28155000

28003000

29042000

28885000

16224000

16001000

19298000

19284000

1435000 1420000 435000 420000 10334000 10331000 10660000 10656000 80465000 38047000 73522000 32536000

8808000

8816000

<table cellpadding="0" cellspacing="0" style="text-align:start; border: 0px currentColor; border-image: none; width: 100%; font-family: Calibri; font-size: 10pt; border-collapse: collapse;text-indent: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 3%; text-align: left; vertical-align: top;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">21.</div></div></div></td> <td style="text-align: left; vertical-align: top;"><div style="text-align: left; font-family: Calibri; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: Calibri; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Supplemental cash flow disclosures </div></div></div></div></td></tr></table> <div style="clear:both;max-height:0pt;text-indent: 0px;"></div> <div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"></div> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The Company entered into the following transactions, which had no impact on its cash flows. </div> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:91%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> 2024</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> 2023</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> 2022</div></div></div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:15.75pt"></td> <td colspan="4" style="height:15.75pt"></td> <td colspan="4" style="height:15.75pt"></td> <td colspan="4" style="height:15.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 2em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Deferred financing transactions costs included in accounts payable and accrued liabilities</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 101</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 2em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Additions to property and equipment included in accounts payable and accrued liabilities</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">156</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 2em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Costs related to issuance of long-term debt included in accounts payable and accrued liabilities</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">144</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 2em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Costs related to repayment of long-term debt included in accounts payable and accrued liabilities</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">95</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 2em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Acquisition of derivative financial assets included in accounts payable and accrued liabilities</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">104</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 2em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Additions to intangible assets included in accounts payable and accrued liabilities</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 2,832</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 2em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Reclassification of other Deferred financing costs to long-term debt</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">38</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 2em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Share issue cost included in accounts payable and accrued liabilities</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 505</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">37</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table> <div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The Company entered into the following transactions, which had no impact on its cash flows. </div> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:91%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> 2024</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> 2023</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> 2022</div></div></div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:15.75pt"></td> <td colspan="4" style="height:15.75pt"></td> <td colspan="4" style="height:15.75pt"></td> <td colspan="4" style="height:15.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 2em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Deferred financing transactions costs included in accounts payable and accrued liabilities</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 101</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 2em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Additions to property and equipment included in accounts payable and accrued liabilities</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">156</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 2em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Costs related to issuance of long-term debt included in accounts payable and accrued liabilities</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">144</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 2em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Costs related to repayment of long-term debt included in accounts payable and accrued liabilities</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">95</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 2em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Acquisition of derivative financial assets included in accounts payable and accrued liabilities</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">104</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 2em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Additions to intangible assets included in accounts payable and accrued liabilities</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 2,832</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 2em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Reclassification of other Deferred financing costs to long-term debt</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">38</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 2em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Share issue cost included in accounts payable and accrued liabilities</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 505</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">37</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table> 101000 0 0 0 0 156000 144000 0 0 95000 0 0 0 0 104000 0 0 2832000 0 0 38000 0 505000 37000

14972000

12798000

0 0

3937000

6290000

15000000 20000000

<div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The following are amounts due on the contractual maturities of financial liabilities as at November 30, 2024 and 2023. </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:9pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:85%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:7pt ;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Carrying<br/> amount</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Total<br/> contractual<br/> amount</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Less<br/> than<br/> 1 year</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">From<br/> 1 to<br/> 2 years</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">More<br/> than<br/> 3 years</div></div></div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 4.5em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Accounts payable and accrued liabilities</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">24,149</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">24,149</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">24,149</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 4.5em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Long-term debt, including interest <div style="font-size:75%; vertical-align:top;display:inline;font-size:7.5px">(1)</div></div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 44,432</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 56,710</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 7,047</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 33,375</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 16,288</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 4.5em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Lease liabilities</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,174</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,720</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">425</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">448</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,847</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:bottom;text-align:right">69,755</td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:bottom;text-align:right">83,579</td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:bottom;text-align:right">31,621</td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:bottom;text-align:right">33,823</td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:bottom;text-align:right">18,135</td> <td style="padding-bottom:7pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="20" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%"> </td> <td style="width:5%;vertical-align:top;text-align:left">(1)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: left; line-height: normal;">Based on actual interest rates. </div></td></tr></table><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"></div><div style="display:inline;"><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;text-align:center"> </div></div><div style="margin-top: 1em; margin-bottom: 1em"></div><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></div><div style="margin-top: 0px; margin-bottom: 0px; font-size: 8pt;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:9pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:36%"></td> <td style="vertical-align:bottom;width:4%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Carrying<br/> amount</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Total<br/> contractual<br/> amount</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Less<br/> than<br/> 1 year</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">From<br/> 1 to<br/> 2 years</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">More<br/> than<br/> 3 years</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Accounts payable and accrued liabilities</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 28,471</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">28,471</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 28,471</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Facility loan, including interest <div style="font-size:75%; vertical-align:top;display:inline;font-size:7.5px">(1)</div></div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">57,974</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">80,141</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">17,416</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 50,348</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 12,377</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 9pt; font-family: arial; line-height: normal;">Lease liabilities</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">994</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,108</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">487</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">516</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">105</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:0.75pt solid #000000;height:12pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:12pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:12pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:12pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:12pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:12pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">87,439</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> 109,720</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">46,374</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">50,864</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">12,482</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:5%;vertical-align:top;text-align:left">(1)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: left; line-height: normal;">Based on SOFR forward rates. The maturities above reflect the fact that the Marathon Credit Agreement has been amended in the subsequent event period and, as such, the contractual maturities are used. </div></td></tr></table>

24149000

44432000 56710000 7047000 33375000 16288000

1174000

2720000 425000 448000 1847000 69755000

83579000

31621000

33823000

18135000

28471000

57974000 80141000 17416000 50348000 12377000

994000

1108000 487000 516000 105000 87439000

109720000

46374000

50864000

12482000

<div style="margin-top:0pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The following table presents the significant items in the original currencies exposed to currency risk as at November 30, 2024 and 2023. </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:53%"></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:9pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">CA$</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">EURO</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">CA$</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">EURO</div></div></div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"> Cash</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">663</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">27</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">358</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">123</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"> Bonds and money market funds</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,516</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">8,543</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"> Trade and other receivables</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">217</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">12</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">296</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">2</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"> Tax credits and grants receivable</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">234</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">63</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">497</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">145</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"> Accounts payables and accrued liabilities</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(9,115)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(890)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(5,395)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(224)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"> Lease liabilities</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(1,307)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(228)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(925)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(288)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"> Provisions</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">-</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(326)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3,192)</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:0.75pt solid #000000;height:9.75pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:9.75pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:9.75pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:9.75pt"> </td> <td colspan="4" style="BORDER-TOP:0.75pt solid #000000;height:9.75pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"> Total exposure</div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> (3,792)</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> (1,016)</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> 3,048</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> (3,434)</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table>

663000

27000

358000

123000

5516000

8543000

217000

12000

296000

2000

234000 63000 497000 145000

9115000

890000

5395000

224000

1307000 228000 925000 288000

326000

3192000

-3792000

-1016000

3048000

-3434000

<div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The following exchange rates are those applicable as at November 30, 2024 and 2023. </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:11pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:50%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:11pt"> <td style="BORDER-TOP:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style=" BORDER-TOP:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style=" BORDER-TOP:1.50pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:11pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Average<br/> rate</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Reporting<br/> date rate</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Average<br/> rate</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Reporting<br/> date rate</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"> CA$ – US$</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 0.7339</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 0.7138</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 0.7404</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 0.7363</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"> Euro – US$</div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">1.0854</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">1.0563</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">1.0792</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">1.0903</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table>

0.7339

0.7138

0.7404

0.7363

1.0854

1.0563

1.0792

1.0903

0.05

<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:11pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:68%"></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:11pt"> <td style="BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2024</div></div></div></td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">2023</div></div></div></td> <td style=" BORDER-TOP:1.50pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:11pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">CA$</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Euro</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">CA$</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;text-align:right"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Euro</div></div></div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td> <td colspan="4" style="height:9.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"> Positive (negative) impact</div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">(190)</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> (51)</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> 152</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> (172)</td> <td style="BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table>

-190000 -51000 152000 -172000 0.05

0.005

20000

42000

0.005

30753000 20231000

0.005

154000

101000

0.005

130000

0.005

15000000 20000000 9836000 40387000

<div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">The Marathon Warrants are recognized at fair value and considered Level 3 in the fair value hierarchy. Reasonably possible changes at November 30, 2024, to one of the significant unobservable input, holding other inputs consistent, would have the following effects: </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:80%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:1.50pt solid #000000;height:1.5pt"> </td> <td colspan="8" style="BORDER-TOP:1.50pt solid #000000;height:1.5pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="6" style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Net loss</div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="text-align: right; vertical-align: bottom;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Increase</div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="text-align: right; vertical-align: bottom;"><div style="font-family: Calibri; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Decrease</div></div></div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.50pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Expected volatility (10% movement (100 bps))</div></td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> (100)</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.50pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right"> 100</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.50pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table>

100

-100

100

16001000 14682000 807000 1407000 3000000 2250000 429000 0

85804000

81392000

78744000

62000

372000

1313000

85866000

81764000

80057000

9360000

9065000

64000

231000

<div style="margin-top:12pt; margin-bottom:0pt; margin-left:3%; font-size:10pt; font-family:arial;text-align:justify">Key management personnel compensation comprises: </div><div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border:0;margin:0 auto"> <tr> <td style="width:91%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;white-space:nowrap;text-align:right"> 2024</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;white-space:nowrap;text-align:right"> 2023</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom;white-space:nowrap;text-align:right"> 2022</td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 4em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Short-term</div> employee benefits</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,532</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 3,259</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right"> 3,191</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 4em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Post-employment</div> benefits</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">91</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">95</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">86</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td> <td colspan="4" style="height:0.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 4em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Share-based</div> compensation</div></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,658</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,355</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,078</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr> <tr style="font-size:1pt"> <td style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td> <td colspan="4" style="height:18pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"></td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,281</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">4,709</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,355</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1px"> <td colspan="12" style="vertical-align:bottom"><div style="margin-top: 0px; margin-bottom: 0px; border-top: 1.5pt solid rgb(0, 0, 0); line-height: normal;"> </div></td> <td> </td></tr></table>

3532000

3259000

3191000

91000

95000

86000

2658000

1355000

2078000

6281000

4709000

5355000

0.011 0.011

10000000 5750000 7000000 P12Y 0.25 On March 1, 2023, the Company signed a new lease in Ireland. Accordingly, the Company recorded a right-of-use asset and a lease liability of $326. On November 1, 2024, the Company signed a new lease in Canada. Accordingly, the Company recorded a right-of-use asset and a lease liability of $603. On February 17, 2023, the Company terminated its lease in Ireland. Accordingly, the Company reduced its right-of-use assets by $799, the lease liabilities by $920 and recorded a gain on lease termination of $121. The gain is presented in finance income (Note 5).