XML 25 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2017
Nov. 30, 2016
Nov. 30, 2015
Cash flows used in operating activities      
Loss for the year $ (21,104) $ (4,862) $ (9,532)
Items not affecting cash      
Amortization 107 174 355
Gain on sale of Sunward Investments Ltd. 0 (4,448) 0
Loss (gain) on sale of investments, net of foreign exchange 452 (57) 0
Loss on disposal of equipment 8 0 0
Unrealized loss (gain) on held for trading investments 1,645 (88) 0
Unrealized foreign exchange (gain) loss (265) 184 0
Stock-based compensation 705 615 831
Net change in non-cash working capital      
Decrease (increase) in accounts receivable (423) (8) 156
Decrease (increase) in deposits and prepaid amounts (113) (59) (28)
Increase (decrease) in accounts payable, accrued liabilities and due to related parties 3,577 (143) (217)
Net Cash Provided by (Used in) Operating Activities (15,411) (8,692) (8,435)
Cash flows from (used in) financing activities      
Proceeds received on exercise of Sunward Arrangement Options 0 0 142
Settlement of Restricted Share Units (90) (29) 0
Net Cash Provided by (Used in) Financing Activities (90) (29) 142
Cash flows from (used in) investing activities      
Acquisition of plant & equipment (300) (122) (48)
Mineral properties funding (note 5) 10,365 0 0
Proceeds from disposition of equipment 0 0 7
Proceeds from the sale of investments, net of fees 3,479 228 0
Net cash outflow from the disposition of Sunward Investments Ltd. 0 (184) 0
Cash acquired through Sunward Arrangement 0 0 19,399
Net Cash Provided by (Used in) Investing Activities 13,544 (78) 19,358
(Decrease) increase in cash and cash equivalents (1,957) (8,799) 11,065
Effect of exchange rate on cash and cash equivalents 8 0 0
Cash and cash equivalents - beginning of year 7,340 16,139 5,074
Cash and cash equivalents - end of year 5,391 7,340 16,139
Less cash and cash equivalents of discontinued operations - end of year 0 0 (75)
Cash and cash equivalents of continuing operations - end of year 5,391 7,340 16,064
Non-cash investing and financing activities      
Acquisition of investments from the sale of Sunward Investments Ltd. $ 0 $ 8,102 $ 0
Issuance of common shares and arrangement options on acquisition of Sunward 0 0 22,959