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Interim Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Feb. 29, 2020
Feb. 28, 2019
Cash flows used in operating activities    
Earnings (Loss) for the period $ 171,179 $ (4,336)
Items not affecting cash    
Amortization 42 37
Right of use asset amortization 60 0
Loss on working capital written-off upon joint venture formation 18 0
Gain on derecognition of assets contributed to joint venture (note 4(a)) (175,770) 0
Loss on equity investment in Ambler Metals LLC. (note 4(b)) 178 0
Unrealized foreign exchange loss (gain) 25 5
Stock-based compensation 1,196 1,939
Operating lease payments (54) 0
Net change in non-cash working capital    
Increase in accounts receivable (154) (6)
Decrease (increase) in deposits and prepaid amounts 419 (280)
Decrease in accounts payable and accrued liabilities (1,080) (590)
Net Cash Provided by (Used in) Operating Activities (3,941) (3,231)
Cash flows from investing activities    
Mineral properties funding (note 4) 0 10,200
Net Cash Provided by (Used in) Investing Activities 0 10,200
Increase in cash and cash equivalents (3,941) 6,969
Effect of exchange rate on cash and cash equivalents (16) (5)
Cash and cash equivalents - beginning of year 19,174 22,991
Cash and cash equivalents - end of year $ 15,217 $ 29,955