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Interim Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
May 31, 2021
May 31, 2020
May 31, 2021
May 31, 2020
Cash flows used in operating activities        
(Loss) earnings for the period $ (3,413) $ (3,002) $ (7,929) $ 168,177
Adjustments to reconcile net loss to cash flows in operating activities        
Amortization     104 144
Office lease accounting     (98) (97)
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)) 1,700 561 2,820 739
Unrealized foreign exchange loss     35 11
Stock-based compensation 524 770 2,672 1,966
Net change in non-cash working capital        
Decrease (increase) in accounts receivable     110 (435)
Decrease (increase) in deposits and prepaid amounts     (518) 246
(Decrease) in accounts payable and accrued liabilities     19 (1,815)
Net Cash Used in Operating Activities     (2,785) (6,816)
Cash flows from financing activities        
Proceeds from exercise of options     106  
Net Cash Provided by Financing Activities     106  
Decrease in cash from operating activities     (2,679) (6,816)
Effect of exchange rate on cash and cash equivalents     3 (15)
Cash and cash equivalents - beginning of year     11,125 19,174
Cash and cash equivalents - end of the period $ 8,449 $ 12,343 $ 8,449 $ 12,343