Share capital (Tables)

9 Months Ended

Aug. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of common stock outstanding roll forward

	in thousands of dollars, except share amounts
	Number of shares	Ascribed value
		$
November 30, 2023	155,925,990	187,886
Restricted Share Units	4,312,432	2,112
Services settled by common shares	185,585	90
Joint venture equity contribution (note 3(a))	143,507	112
August 31, 2024, issued and outstanding	160,567,514	190,200

Schedule of assumptions used in the pricing model

	August 31, 2024
Risk-free interest rates	3.84%
Exercise price	CDN$0.59
Expected life	3 years
Expected volatility	65.5%
Expected dividends	Nil

Summary of the company's stock option plan

		August 31, 2024
		Weighted average
		exercise price
	Number of options	CDN$
Balance – beginning of the period	12,649,400	2.15
Granted	2,775,000	0.59
Expired	(1,107,500)	2.96
Balance – end of the period	14,316,900	1.78

Summary of information about stock options

	Outstanding			Exercisable		Unvested
			Weighted		Weighted
	Number of	Weighted	average	Number of	average	Number of
	outstanding	average years	exercise price	exercisable	exercise price	unvested
Range of exercise price - CDN	options	to expiry	CDN$	options	CDN$	options
$0.59 to $1.00	5,955,000	3.73	0.69	3,421,661	0.72	2,533,339
$2.01 to $3.00	7,016,900	1.21	2.47	7,016,900	2.47	—
$3.01 to $3.02	1,345,000	0.32	3.02	1,345,000	3.02	—
	14,316,900	2.18	1.78	11,783,561	2.03	2,533,339

Schedule of restricted share Units and deferred share units plans

	Number of RSUs	Number of DSUs	Number of Fixed DSUs
Balance – beginning of the period	1,610,638	2,428,701	—
Granted	5,705,718	551,676	—
Vested/Converted	(4,498,017)	—	—
Balance – end of the period	2,818,339	2,980,377	—