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Interim Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
May 31, 2023
May 31, 2022
Cash flows used in operating activities    
Loss for the period $ (7,875) $ (9,097)
Adjustments to reconcile net loss to cash flows in operating activities    
Amortization 4 11
Professional fees settled by common shares 56  
Office lease accounting (5) (8)
Loss on equity investment in Ambler Metals LLC (note 4(b)) 3,088 4,370
Unrealized foreign exchange loss 2 3
Stock-based compensation 2,853 2,368
Write off mineral properties   148
Net change in non-cash working capital    
Decrease in accounts receivable 1 7
Decrease (increase) in deposits and prepaid amounts 262 (370)
Increase (decrease) in accounts payable and accrued liabilities 97 (299)
Total cash flows used in operating activities (1,517) (2,867)
Cash flows from financing activities    
Issuance of common shares, net of share issue cost (note 6(a)) 3,115  
Proceeds from exercise of options   54
Total cash flows from financing activities 3,115 54
Increase (decrease) in cash 1,598 (2,813)
Effect of exchange rate on cash (5) 2
Cash - beginning of the period 2,573 6,308
Cash - end of the period $ 4,166 $ 3,497