Subsequent events

12 Months Ended

Nov. 30, 2017

Subsequent Events [Abstract]

Subsequent Events [Text Block]

14 Subsequent events

On December 7, 2017, 525,000 stock options were granted to directors vesting immediately and 1,455,000 stock options were granted to employees vesting equally in thirds on the grant date, the first anniversary of the grant date, and the second anniversary of the grant date. Also on December 7, 2017, 300,000 RSUs were granted to officers vesting immediately, and 300,000 RSUs were granted to officers vesting equally in thirds on the grant date, the first anniversary of the grant, and the second anniversary of the grant.

On December 22, 2017, 75,000 DSUs and 75,000 stock options vesting immediately were granted to a new director.

On January 2, 2018, 70,000 stock options were granted to an employee vesting equally on the six month anniversary of the grant date and the first anniversary of the grant.

RSUs vesting in December were settled on December 27, 2017 through the issuance of 800,000 Common Shares.

Through December 2017 and January 2018, the Company received proceeds of C$1.4 million from the sale of investments.

On January 24, 2018, the Company received payment from South32 completing receipt of the second tranche under the Option Agreement of $10 million and maintaining the Option Agreement in good standing.