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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2020
Nov. 30, 2019
Nov. 30, 2018
Cash flows used in operating activities      
Earnings (loss) for the period $ 161,767 $ (27,905) $ (21,849)
Adjustments to reconcile net loss to cash flows in operating activities      
Amortization 91 211 160
Right of use asset amortization and lease accretion 182    
Office lease payments (189)    
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)) 2,855    
Loss on held for trading investments     272
Unrealized foreign exchange loss (gain) 27 1 (53)
Stock-based compensation 3,564 3,845 1,441
Net change in non-cash working capital      
Decrease (increase) in accounts receivable 135 (241) 447
Decrease (increase) in deposits and prepaid amounts 535 (100) 104
(Decrease) increase in accounts payable and accrued liabilities (1,466) 697 (2,592)
Net Cash Used in Operating Activities (8,251) (23,492) (22,070)
Cash flows from financing activities      
Proceeds from exercise of options 217 208  
Proceeds from exercise of warrants   9,913  
Proceeds from bought deal financing (note 9 (d))     28,750
Share issuance costs     (1,805)
Net Cash Provided by Financing Activities 217 10,121 26,945
Cash flows from investing activities      
Acquisition of plant & equipment   (645) (7)
Mineral properties funding   10,200 10,435
Proceeds from the sale of investments, net of fees     2,297
Net Cash Provided by Investing Activities   9,555 12,725
(Decrease) increase in cash and cash equivalents (8,034) (3,816) 17,600
Effect of exchange rate on cash and cash equivalents (15) (1)  
Cash and cash equivalents - beginning of period 19,174 22,991 5,391
Cash and cash equivalents - end of period $ 11,125 $ 19,174 $ 22,991