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Interim Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
May 31, 2020
May 31, 2019
Cash flows used in operating activities    
Earnings (loss) for the period $ 168,177 $ (8,845)
Items not affecting cash    
Amortization 58 75
Right of use asset amortization 86  
Loss on working capital written-off upon joint venture formation 18  
Gain on derecognition of assets (note 4(a)) (175,770)  
Loss on equity investment in Ambler Metals LLC. (note 4(b)) 739  
Unrealized foreign exchange loss 11 8
Stock-based compensation 1,966 2,603
Operating lease payments (97)  
Net change in non-cash working capital    
Increase in accounts receivable (435) (148)
Decrease (increase) in deposits and prepaid amounts 246 (894)
Decrease in accounts payable and accrued liabilities (1,815) (176)
Net Cash Provided by (Used in) Operating Activities (6,816) (7,377)
Cash flows from investing activities    
Mineral properties funding   10,200
Net Cash Provided by (Used in) Investing Activities   10,200
(Decrease) increase in cash and cash equivalents (6,816) 2,823
Effect of exchange rate on cash and cash equivalents (15) (8)
Cash and cash equivalents - beginning of year 19,174 22,991
Cash and cash equivalents - end of year $ 12,343 $ 25,806