Share capital (Tables)

6 Months Ended

May 31, 2019

Equity [Abstract]

Schedule of Common Stock Outstanding Roll Forward [Table Text Block]

Authorized:

unlimited common shares, no par value

In thousands of dollars, except share amounts

	Number of shares		Ascribed value $
November 30, 2017		105,684,523		136,525
Bought deal financing		24,784,482		28,750
Share issuance costs		-		(1,805	)
Exercise of options		315,148		140
Restricted share units		800,000		457
NovaGold DSU conversion		1,459		2
November 30, 2018		131,585,612		164,069
Exercise of options		145,294		81
Restricted share units		412,501		424
May 31, 2019, issued and outstanding		132,143,407		164,574

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

Assumptions used in the pricing model for the period are as provided below.

	May 31, 2019
Risk-free interest rates		2.03	%
Exercise price		CAD$3.01
Expected life		3.0 years
Expected volatility		75.0	%
Expected dividends		Nil

Share-based Compensation, Stock Options, Activity [Table Text Block]

A summary of the Company’s stock option plan and changes during the period ended May 31, 2019 is as follows:

	May 31, 2019
	Number of options			Weighted average exercise price $
Balance – beginning of the period		8,821,434			0.60
Granted		2,527,500			2.19
Exercised		(219,153	)		0.77
Balance – end of period		11,129,781			0.95

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

The following table summarizes information about the stock options outstanding at May 31, 2019.

	Outstanding						Exercisable				Unvested
Range of price	Number of outstanding options		Weighted average years to expiry		Weighted average exercise price $		Number of exercisable options		Weighted average exercise price $		Number of unvested options
$0.33 to $0.50		3,920,614		1.22		0.38		3,920,614		0.38		-
$0.51 to $1.00		4,346,667		2.45		0.71		3,898,331		0.70		448,336
$1.01 to $1.50		225,000		3.87		1.31		125,000		1.22		100,000
$1.51 to $2.00		120,000		4.11		1.79		86,666		1.76		33,334
$2.01 to $2.52		2,517,500		4.53		2.19		1,257,498		2.19		1,260,002
		11,129,781		2.53		0.95		9,288,109		0.79		1,841,672

Schedule Of Restricted Share Units and Deferred Share Units plans [Table Text Block]

A summary of the Company’s unit plans and changes during the period ended May 31, 2019 is as follows:

	Number of RSUs			Number of DSUs
Balance – beginning of the period		400,002			1,182,106
Granted		225,000			104,489
Vested/paid		(412,501	)		-
Balance – end of period		212,501			1,286,595

Schedule of Warrants, Activity [Table Text Block]

A summary of the Company’s warrants and changes during the period ended May 31, 2019 is as follows:

	Number of warrants		Years to expiry		Exercise price $
Balance – beginning of the period		6,521,740		0.59		1.52
Balance – end of period		6,521,740		0.09		1.52