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Condensed Interim Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
May 31, 2025
May 31, 2024
Cash flows used in operating activities    
Loss for the period $ (5,800) $ (5,360)
Adjustments to reconcile net loss to cash flows used in operating activities    
Amortization   3
Consulting fees settled by common shares 30 60
Office lease accounting 2 64
Loss on equity investment in Ambler Metals LLC 1,345 1,395
Unrealized foreign exchange gain (3) (1)
Stock-based compensation 2,597 2,508
Net change in non-cash working capital    
(Increase) Decrease in accounts receivable (4) 18
Decrease in deposits and prepaid amounts 136 213
Increase in accounts payable and accrued liabilities 272 31
Total cash flows used in operating activities (1,425) (1,069)
Cash flows from financing activities    
Proceeds from exercise of options 202  
Total cash flows from financing activities 202  
Cash flows from investing activities    
Return of capital from Ambler Metals LLC   12,500
Total cash flows from investing activities   12,500
Change in cash (1,223) 11,431
Effect of exchange rate on cash 5 1
Cash - beginning of the year 25,834 2,590
Cash - end of the period $ 24,616 $ 14,022