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Share capital (Tables)
3 Months Ended
Feb. 28, 2023
Share capital.  
Schedule of common stock outstanding roll forward

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in thousands of dollars, except share amounts

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Number of shares

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Ascribed value

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$

    

November 30, 2022

 

146,225,035

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182,178

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Restricted Share Units

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2,346,366

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1,538

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Services settled by common shares

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7,793

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4

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Joint venture equity contribution (note 4(b))

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143,505

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111

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February 28, 2023, issued and outstanding

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148,722,699

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183,831

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Schedule of assumptions used in the pricing model

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February 28, 2023

Risk-free interest rates

 

3.49%

Exercise price

 

CDN$0.78

Expected life

 

3 years

Expected volatility

 

67.7%

Expected dividends

 

Nil

Summary of the company's stock option plan

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February 28, 2023

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Weighted average

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exercise price

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Number of options

    

    

CDN$

    

Balance – beginning of the period

 

11,225,400

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2.49

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Granted

 

3,230,000

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0.78

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Expired

 

(870,000)

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1.05

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Balance – end of the period

 

13,585,400

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2.18

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Summary of information about stock options

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Outstanding

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Exercisable

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Unvested

 

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Weighted

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Weighted

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Number of

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Weighted

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average

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Number of

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average

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Number of

 

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outstanding

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average years

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exercise price

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exercisable

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exercise price

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unvested

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Range of exercise price - CDN

  

options

  

  

to expiry

  

  

CDN$

  

  

options

  

  

CDN$

  

  

options  

  

$0.75 to $1.00

 

3,230,000

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4.77

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0.78

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1,463,328

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0.78

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1,766,672

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$2.00 to $2.50

 

2,396,250

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2.96

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2.27

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2,014,498

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2.28

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381,752

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$2.51 to $3.00

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6,411,650

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2.14

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2.64

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6,411,650

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2.64

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$3.01 to $3.41

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1,547,500

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1.81

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3.03

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1,547,500

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3.03

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13,585,400

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2.87

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2.18

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11,436,976

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2.39

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2,148,424

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Schedule of restricted share Units and deferred share units plans

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Number of RSUs

    

    

Number of DSUs

    

Balance – beginning of the period

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257,268

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1,560,734

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Granted

 

3,699,297

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760,519

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Vested

 

(2,345,927)

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—

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Balance – end of the period

 

1,610,638

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2,321,253

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