Financial instruments (Tables)

9 Months Ended

Aug. 31, 2017

Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block]

Contractually obligated cash flow requirements as at August 31, 2017 are as follows.

in thousands of dollars

	Total $		< 1 Year $		1–2 Years $		2–5 Years $		Thereafter $
Accounts payable and accrued liabilities		4,759		4,759		-		-		-
Office lease (note 8)		1,349		44		178		580		547
		6,108		4,803		178		580		547

Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]

The levels in the fair value hierarchy into which the Company’s financial assets and liabilities that are measured and recognized at fair value on a recurring basis were categorized as follows:

in thousands of dollars

	August 31, 2017 $						November 30, 2016 $
	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Current investments – shares		4,571		-		-		7,538		-		-
Investments – warrants		-		-		81		-		-		297
South32 purchase option		-		-		-		-		-		-

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References + Details