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<div style="margin-bottom:0.01pt;margin-top:0.01pt;text-indent:36pt">Company overview</div><div style="margin-bottom:0.06pt;margin-top:0.01pt"> </div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:28.8pt">Li-Cycle’s core business model is to build, own and operate recycling plants tailored to regional needs. Li-Cycle’s Spoke & Hub Technologies™ provide an environmentally-friendly resource recovery solution that addresses the growing global lithium-ion battery recycling challenges supporting the global transition toward electrification.</div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:28.8pt"> </div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:28.8pt">Li-Cycle Holdings Corp. and its subsidiaries, collectively ("Li-Cycle" or the "Company") started their business as Li-Cycle Corp. Li-Cycle Corp. was incorporated in Ontario, Canada under the Business Corporations Act (Ontario) on November 18, 2016. The Company's registered address is 207 Queens Quay West, Suite 590, Toronto, Ontario.</div><div style="padding-left:28.8pt"> </div><div style="padding-left:28.8pt">On March 28, 2019, Li-Cycle Corp. incorporated a wholly-owned subsidiary, Li-Cycle Inc., under the General Corporation Law of the State of Delaware. This subsidiary operates the Company’s U.S. Spoke facilities. </div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:28.8pt"> </div><div style="padding-left:28.8pt">On September 2, 2020, Li-Cycle Corp. incorporated a wholly-owned subsidiary, Li-Cycle North America Hub, Inc., under the General Corporation Law of the State of Delaware. This subsidiary is developing the Company’s first commercial Hub, in Rochester, New York. </div><div style="padding-left:28.8pt"> </div><div style="margin-bottom:6pt;margin-top:1pt;padding-left:28.8pt">On August 10, 2021, in accordance with the plan of arrangement to reorganize Li-Cycle Corp., the Company finalized a business combination (the "Business Combination") with Peridot Acquisition Corp., and the combined company was renamed Li-Cycle Holdings Corp. On closing, the common shares of Li-Cycle Holdings Corp. were listed on the New York Stock Exchange and commenced trading under the symbol “NYSE:LICY”.</div>

Basis of preparation<div style="margin-bottom:6pt;margin-top:0.16pt;padding-left:0.57pt;text-indent:-0.28pt"> 2.1 Statement of compliance</div><div style="margin-top:0.16pt;padding-left:49.5pt;text-indent:-0.28pt">On December 21, 2022, the Company announced a change in its financial year end from October 31 to December 31. The change is being made to better align Li-Cycle’s financial reporting calendar with peer group companies. As a result, the Company has prepared these condensed consolidated financial statements for the two-month period from November 1, 2022 through December 31, 2022. The Company’s next financial year will cover the period from January 1, 2023 to December 31, 2023. These financial statements do not include all the notes required in annual financial statements.</div><div style="margin-bottom:0.06pt;margin-top:0.16pt;padding-left:0.57pt;text-indent:-0.28pt"> </div><div style="margin-bottom:0.06pt;margin-top:0.16pt;padding-left:49.5pt;text-indent:-0.28pt">These condensed consolidated financial statements have been prepared in accordance with International Financial Reporting Standards ("IFRS") under International Accounting Standard (IAS) 34 - Interim Financial Reporting. Except as described below, these condensed consolidated financial statements were prepared using the same basis of presentation, accounting policies and methods of computation as set forth in Note 2, Significant accounting policies in the Company's consolidated financial statements for the year ended October 31, 2022. </div><div style="margin-bottom:0.06pt;margin-top:0.16pt;padding-left:0.57pt;text-indent:-0.28pt"> </div><div style="margin-bottom:0.06pt;margin-top:0.16pt;padding-left:49.5pt;text-indent:-0.28pt">These condensed consolidated financial statements were approved and authorized for issue by the Board of Directors on March 30, 2023.</div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:0.28pt"> </div><div style="margin-bottom:6pt;margin-top:0.16pt;padding-left:0.57pt;text-indent:-0.28pt"> 2.2 Basis of measurement</div><div style="margin-bottom:6pt;margin-top:0.16pt;padding-left:49.5pt;text-indent:-0.28pt">These condensed consolidated financial statements have been prepared on a going concern basis, using historical cost basis, except for financial assets and liabilities that have been measured at amortized cost or fair value through profit and loss.</div><div style="margin-bottom:6pt;margin-top:0.16pt;padding-left:0.57pt;text-indent:-0.28pt"> 2.3 Basis of consolidation</div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:49.5pt">These condensed consolidated financial statements include the financial information of the Company and its subsidiaries. The Company’s subsidiaries are entities controlled by the Company. Control exists when the Company has power over an investee, when the Company is exposed, or has rights, to variable returns from the investee and when the Company has the ability to affect those returns through its power over the investee. The </div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:49.5pt">subsidiaries are included in the condensed consolidated financial statements of the Company from the effective date of incorporation up to the effective date of disposition or loss of control. In assessing control, potential voting rights that are presently exercisable or convertible is taken into account. The accounting policies of subsidiaries are aligned with policies adopted by the Company. </div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:0.5pt"> </div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:49.5pt">The Company’s principal subsidiaries and their geographic location as at December 31, 2022 are set forth in the table below:</div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:0.5pt"> </div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:49.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.423%"><tr><td style="width:1.0%"/><td style="width:41.552%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:27.573%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:27.575%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Company</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Location</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Ownership interest</td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle Corp.</td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Ontario, Canada</td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle Americas Corp.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Ontario, Canada</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle U.S. Holdings Inc.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Delaware, U.S.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle Inc.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Delaware, U.S.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle North America Hub, Inc.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Delaware, U.S.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle Europe AG</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Switzerland</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle APAC PTE. LTD.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Singapore</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div>Li-Cycle Germany GmbH </div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Germany</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle Norway AS</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Norway</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">67%</td></tr></table></div><div style="margin-bottom:6pt;margin-top:4pt;padding-left:50.4pt">Intercompany transactions, balances and unrealized gains/losses on transactions between the Company and its subsidiaries have been eliminated.</div><div style="margin-bottom:6pt;margin-top:0.16pt;padding-left:50.4pt;text-indent:-27pt"> 2.4 Presentation currency </div><div style="margin-bottom:6pt;margin-top:1pt;padding-left:50.4pt">These condensed consolidated financial statements are presented in U.S. dollars, which is the Company's functional currency. All figures are presented in millions of U.S. dollars unless otherwise specified.</div><div style="margin-bottom:6pt;margin-top:0.16pt;padding-left:50.4pt;text-indent:-27pt"> 2.5 Comparative figures</div><div style="margin-bottom:6pt;margin-top:1pt;padding-left:50.4pt">Certain of the comparative figures have been reclassified to conform to the financial statement presentation adopted in the current year.</div><div style="margin-bottom:6pt;margin-top:0.01pt;padding-left:0.5pt"> 2.6 Foreign currencies </div><div style="margin-bottom:6pt;margin-top:1pt;padding-left:50.4pt">The reporting and functional currency of the Company is the U.S. dollar. Transactions in currencies other than the U.S. dollar are recorded at the rates of exchange prevailing on the dates of transactions. At the end of each reporting period, monetary assets and liabilities that are denominated in foreign currencies are translated at the rates prevailing at that date.</div><div style="margin-bottom:6pt;margin-top:0.16pt;padding-left:0.28pt"> 2.7 Recently adopted IFRS Standards</div><div style="margin-bottom:0.06pt;margin-top:0.16pt;padding-left:49.5pt">In September 2020, the IASB issued an amendment to IFRS 3 - Business Combinations to refer to the 2018 Conceptual Framework instead of the 1989 Conceptual Framework. The amendment also includes a requirement that, for obligations within the scope of IAS 37- Provisions, Contingent Liabilities and Contingent Assets ("IAS 37"), an acquirer applies IAS 37 to determine whether at the acquisition date a present obligation exists as a result of past events. For a levy that would be within the scope of IFRIC 21 Levies, the acquirer applies IFRIC 21 to determine whether the obligating event that gives rise to a liability to pay the levy has occurred by the acquisition date. Finally, the amendment added an explicit statement that an acquirer does not recognize contingent assets acquired in a business combination.</div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:49.5pt"> </div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:49.5pt">The amendment is effective for business combinations for which the date of acquisition is on or after the beginning of the first annual period beginning on or after 1 January 2022. The application of this amendment did not have an impact on the Company's condensed consolidated financial statements. </div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:49.5pt"> </div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:49.5pt">In September 2020, the IASB issued an amendment to IAS 37 - Provisions, Contingent Liabilities and Contingent Assets. The amendment specifies that the cost of fulfilling a contract consists of both the incremental costs of fulfilling that contract and an allocation of other costs that relate directly to fulfilling contracts. The amendment applies to contracts for which the entity has not yet fulfilled all its obligations at the beginning of the annual </div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:49.5pt">reporting period in which the entity first applies the amendments. Comparatives are not restated. Instead, the entity shall recognize the cumulative effect of initially applying the amendment as an adjustment to the opening balance of retained earnings or other component of equity, as appropriate, at the date of initial application. </div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:49.5pt"> </div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:49.5pt">The amendment is effective for annual periods beginning on or after 1 January 2022. The application of this amendment did not have an impact on the Company's condensed consolidated financial statements. </div><div style="margin-bottom:0.06pt;margin-top:0.16pt;padding-left:0.28pt"> </div><div style="margin-bottom:0.06pt;margin-top:0.16pt;padding-left:0.28pt;text-indent:31.49pt">2.8 New and revised IFRS Standards issued but not yet effective</div><div style="margin-bottom:0.06pt;margin-top:0.16pt;padding-left:49.5pt">At the date of authorization of these financial statements, the Company has not applied the following new and revised IFRS Standards that have been issued but are not yet effective.</div><div style="padding-left:50.4pt"> </div><div style="margin-bottom:6pt;margin-top:1pt;padding-left:50.4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:90.865%"><tr><td style="width:1.0%"/><td style="width:56.571%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:41.229%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom">New/Revised Standard</td><td colspan="3" style="border-left:0.5pt solid #000;border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom">Description</td></tr><tr><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">IFRS 17 (including the December 2021 amendments to IFRS 17)</td><td colspan="3" style="border-left:0.5pt solid #000;border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Insurance Contracts </td></tr><tr><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Amendments to IAS 1 </td><td colspan="3" style="border-left:0.5pt solid #000;border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Disclosure of Accounting Policies and Classifying liabilities as current or non-current</td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Amendments to IAS 8 </td><td colspan="3" style="border-left:0.5pt solid #000;border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Definition of Accounting Estimates </td></tr><tr><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Amendments to IAS 12 </td><td colspan="3" style="border-left:0.5pt solid #000;border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Deferred Tax related to Assets and Liabilities arising from a Single Transaction </td></tr><tr><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Amendments to IFRS 16</td><td colspan="3" style="border-left:0.5pt solid #000;border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Lease liability in a sale & leaseback</td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Amendments to IFRS 10 and IAS 28</td><td colspan="3" style="border-bottom:0.5pt solid #000;border-left:0.5pt solid #000;border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Sale or Contribution of Assets between an Investor and its Associate or Joint Venture</td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="margin-bottom:6pt;margin-top:1pt;padding-left:50.4pt">The adoption of the IFRS Standards listed above are not expected to have a material impact on the financial statements of the Company in future periods. </div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:49.5pt">The following amendment will not have a material impact on the numbers disclosed on the financial statements, but would impact and change wording in certain disclosures. </div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:0.5pt"> </div><div style="margin-bottom:6pt;margin-top:1pt;padding-left:50.4pt">Amendments to IAS 1 Presentation of Financial Statements and IFRS Practice Statement 2 Making Materiality Judgments - Disclosure of Accounting Policies</div><div style="margin-bottom:6pt;margin-top:1pt;padding-left:50.4pt">These amendments change the requirements in IAS 1 with regard to disclosure of accounting policies. The amendments replace all instances of the term ‘significant accounting policies’ with ‘material accounting policy information’. Accounting policy information is material if, when considered together with other information included in an entity’s financial statements, it can reasonably be expected to influence decisions that the primary users of general purpose financial statements make on the basis of those financial statements. </div><div style="margin-bottom:6pt;margin-top:1pt;padding-left:50.4pt">The supporting paragraphs in IAS 1 are also amended to clarify that accounting policy information that relates to immaterial transactions, other events or conditions is immaterial and need not be disclosed. Accounting policy information may be material because of the nature of the related transactions, other events or conditions, even if the amounts are immaterial. However, not all accounting policy information relating to material transactions, other events or conditions is itself material. </div><div style="margin-bottom:6pt;margin-top:1pt;padding-left:50.4pt">The amendments to IAS 1 and IFRS practice statements 2 are effective for annual periods beginning on or after 1 January 2023, with earlier application permitted and are applied prospectively. The Company is assessing the potential impact of these amendments.</div>

Statement of compliance<div style="margin-top:0.16pt;padding-left:49.5pt;text-indent:-0.28pt">On December 21, 2022, the Company announced a change in its financial year end from October 31 to December 31. The change is being made to better align Li-Cycle’s financial reporting calendar with peer group companies. As a result, the Company has prepared these condensed consolidated financial statements for the two-month period from November 1, 2022 through December 31, 2022. The Company’s next financial year will cover the period from January 1, 2023 to December 31, 2023. These financial statements do not include all the notes required in annual financial statements.</div><div style="margin-bottom:0.06pt;margin-top:0.16pt;padding-left:0.57pt;text-indent:-0.28pt"> </div><div style="margin-bottom:0.06pt;margin-top:0.16pt;padding-left:49.5pt;text-indent:-0.28pt">These condensed consolidated financial statements have been prepared in accordance with International Financial Reporting Standards ("IFRS") under International Accounting Standard (IAS) 34 - Interim Financial Reporting. Except as described below, these condensed consolidated financial statements were prepared using the same basis of presentation, accounting policies and methods of computation as set forth in Note 2, Significant accounting policies in the Company's consolidated financial statements for the year ended October 31, 2022. </div><div style="margin-bottom:0.06pt;margin-top:0.16pt;padding-left:0.57pt;text-indent:-0.28pt"> </div><div style="margin-bottom:0.06pt;margin-top:0.16pt;padding-left:49.5pt;text-indent:-0.28pt">These condensed consolidated financial statements were approved and authorized for issue by the Board of Directors on March 30, 2023.</div>

Basis of consolidationThese condensed consolidated financial statements include the financial information of the Company and its subsidiaries. The Company’s subsidiaries are entities controlled by the Company. Control exists when the Company has power over an investee, when the Company is exposed, or has rights, to variable returns from the investee and when the Company has the ability to affect those returns through its power over the investee. The <div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:49.5pt">subsidiaries are included in the condensed consolidated financial statements of the Company from the effective date of incorporation up to the effective date of disposition or loss of control. In assessing control, potential voting rights that are presently exercisable or convertible is taken into account. The accounting policies of subsidiaries are aligned with policies adopted by the Company. </div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:0.5pt"> </div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:49.5pt">The Company’s principal subsidiaries and their geographic location as at December 31, 2022 are set forth in the table below:</div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:0.5pt"> </div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:49.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.423%"><tr><td style="width:1.0%"/><td style="width:41.552%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:27.573%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:27.575%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Company</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Location</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Ownership interest</td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle Corp.</td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Ontario, Canada</td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle Americas Corp.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Ontario, Canada</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle U.S. Holdings Inc.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Delaware, U.S.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle Inc.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Delaware, U.S.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle North America Hub, Inc.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Delaware, U.S.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle Europe AG</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Switzerland</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle APAC PTE. LTD.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Singapore</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div>Li-Cycle Germany GmbH </div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Germany</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle Norway AS</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Norway</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">67%</td></tr></table></div><div style="margin-bottom:6pt;margin-top:4pt;padding-left:50.4pt">Intercompany transactions, balances and unrealized gains/losses on transactions between the Company and its subsidiaries have been eliminated.</div>

<div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:49.5pt">The Company’s principal subsidiaries and their geographic location as at December 31, 2022 are set forth in the table below:</div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:0.5pt"> </div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:49.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.423%"><tr><td style="width:1.0%"/><td style="width:41.552%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:27.573%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:27.575%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Company</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Location</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Ownership interest</td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle Corp.</td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Ontario, Canada</td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle Americas Corp.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Ontario, Canada</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle U.S. Holdings Inc.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Delaware, U.S.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle Inc.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Delaware, U.S.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle North America Hub, Inc.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Delaware, U.S.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle Europe AG</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Switzerland</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle APAC PTE. LTD.</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Singapore</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div>Li-Cycle Germany GmbH </div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Germany</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">100%</td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Li-Cycle Norway AS</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Norway</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">67%</td></tr></table></div>

0.67

2.4 Presentation currency These condensed consolidated financial statements are presented in U.S. dollars, which is the Company's functional currency. All figures are presented in millions of U.S. dollars unless otherwise specified.

Foreign currencies The reporting and functional currency of the Company is the U.S. dollar. Transactions in currencies other than the U.S. dollar are recorded at the rates of exchange prevailing on the dates of transactions. At the end of each reporting period, monetary assets and liabilities that are denominated in foreign currencies are translated at the rates prevailing at that date.

Revenue – product sales and recycling services<div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:0.28pt"> <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.070%"><tr><td style="width:1.0%"/><td style="width:71.642%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.528%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.530%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">For the two months ended December 31,</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">2021</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div>Product revenue recognized in the period</div></td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">3.5 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">1.5 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Fair value pricing adjustments</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.3 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1.2 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Product sales</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">5.8 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">2.7 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Recycling services</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">0.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">0.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Revenue</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">5.9 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">2.8 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:28.8pt"> </div><div> <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.070%"><tr><td style="width:1.0%"/><td style="width:71.642%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.528%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.530%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">For the two months ended December 31,</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">2021</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Product revenue recognized in the period</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">3.5 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">1.5 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Recycling services</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">0.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">0.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Total revenue before FV pricing adjustment</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">3.6 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">1.6 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:28.8pt"> </div><div style="padding-left:27pt">Product revenue from black mass and black mass equivalents ("Black Mass & Equivalents" or "BM&E") and shredded metal, and the related trade accounts receivable, are measured at initial recognition using provisional prices for the constituent metals on initial recognition. Any unsettled sales at the end of each reporting period are remeasured using the market prices of the constituent metals at the period end. Changes in fair value are recognized as an adjustment to product revenue, and the related accounts receivable, and can result in gains and losses when the applicable metal prices increase or decrease from the date of initial recognition. </div><div style="padding-left:28.8pt"> </div><div> Refer to Note 12 for the impact of movements in the cobalt and nickel prices.</div> <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.070%"><tr><td style="width:1.0%"/><td style="width:71.642%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.528%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.530%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">For the two months ended December 31,</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">2021</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div>Product revenue recognized in the period</div></td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">3.5 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">1.5 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Fair value pricing adjustments</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.3 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1.2 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Product sales</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">5.8 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">2.7 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Recycling services</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">0.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">0.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Revenue</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">5.9 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">2.8 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table> <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.070%"><tr><td style="width:1.0%"/><td style="width:71.642%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.528%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.530%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">For the two months ended December 31,</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">2021</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Product revenue recognized in the period</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">3.5 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">1.5 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Recycling services</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">0.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">0.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Total revenue before FV pricing adjustment</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">3.6 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">1.6 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table> 3500000 1500000 2300000 1200000

5800000

2700000

100000

5900000

2800000

3500000 1500000

100000

3600000 1600000

Other income (expense)<div style="margin-bottom:0.01pt;margin-top:1pt;padding-left:28.8pt">The following table summarizes the Company's other income (expense):</div><div style="margin-bottom:0.01pt;margin-top:6pt"> <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.070%"><tr><td style="width:1.0%"/><td style="width:71.642%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.528%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.530%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">(as restated)</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">For the two months ended December 31,</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">2021</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Interest income on short-term investments</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">3.5 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">0.1 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Interest income</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">3.5 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">0.1 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Interest expense and accretion on convertible debt </td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(2.3)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(2.2)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Interest expense on leases</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(0.7)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(0.3)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Foreign exchange losses</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(0.8)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Interest expense and other costs</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(3.8)</td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(2.5)</td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Fair value gain (loss) on embedded derivatives (Note 11)</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">21.4 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">9.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Fair value gain on warrants</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">25.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Gains (losses) on financial instruments</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">21.4 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">34.2 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr style="height:12pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Total</td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">21.1 </td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">31.8 </td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr></table></div>

<div style="margin-bottom:0.01pt;margin-top:1pt;padding-left:28.8pt">The following table summarizes the Company's other income (expense):</div><div style="margin-bottom:0.01pt;margin-top:6pt"> <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.070%"><tr><td style="width:1.0%"/><td style="width:71.642%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.528%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.530%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">(as restated)</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">For the two months ended December 31,</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">2021</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Interest income on short-term investments</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">3.5 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">0.1 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Interest income</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">3.5 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">0.1 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Interest expense and accretion on convertible debt </td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(2.3)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(2.2)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Interest expense on leases</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(0.7)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(0.3)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Foreign exchange losses</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(0.8)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Interest expense and other costs</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(3.8)</td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(2.5)</td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Fair value gain (loss) on embedded derivatives (Note 11)</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">21.4 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">9.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Fair value gain on warrants</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">25.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Gains (losses) on financial instruments</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">21.4 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">34.2 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr style="height:12pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Total</td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">21.1 </td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">31.8 </td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr></table></div>

3500000

100000

3500000

100000

-2300000 -2200000

700000

300000

800000

-3800000 -2500000

-21400000

-9100000

0 -25100000

-21400000

-34200000

21100000 31800000

Accounts receivable <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.230%"><tr><td style="width:1.0%"/><td style="width:56.382%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.158%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.160%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">As at </td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">December 31, 2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">October 31, 2022</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Trade receivables</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">4.3</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">1.5</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Total accounts receivable</td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">4.3</td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">1.5</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Non-trade receivables</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">3.5</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">2.1</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Sales taxes receivable</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">4.1</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">3.7</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Other </td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">2.4</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">2.0</td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Total other receivables</td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">10.0</td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">7.8</td></tr></table><div style="margin-bottom:0.12pt;margin-top:0.01pt;padding-left:27pt">Other receivables consist principally of interest receivable.</div><div style="margin-bottom:0.12pt;margin-top:0.01pt;padding-left:0.28pt"> </div><div style="margin-bottom:0.12pt;margin-top:0.01pt;padding-left:27pt"> <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.230%"><tr><td style="width:1.0%"/><td style="width:56.382%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.158%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.160%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top">Aging Summary</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">As at</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">December 31, 2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">October 31, 2022</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Current</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">3.3</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">0.3</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">1-30 days</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">0.5</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">0.6</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">31-60 days</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">—</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">0.3</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">61-90 days</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">0.3</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">0.1</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">91 days and over</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">0.2</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">0.2</td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:bottom">Total accounts receivable</td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">4.3</td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">1.5</td></tr></table></div><div style="padding-left:28.8pt"> </div><div style="padding-left:28.8pt">For product revenue, the Company estimates the amount of consideration to which it expects to be entitled under provisional pricing arrangements, which is based on the initial assay results and market prices of certain constituent metals on the date control is transferred to the customer. For the two months ended December 31, 2022, the fair value gain arising from changes in estimates was $2.3 million (2021: fair value gain of $1.2 million), which is included in the respective accounts receivable balances. Refer to Note 3 for additional details on product revenue and fair value adjustments recognized in the period.</div><div style="padding-left:28.8pt"> </div><div style="padding-left:28.8pt">The Company assesses the need for allowances related to credit loss for service related receivables based on its past experience, the credit ratings of its existing customer and economic trends. For the two months ended December 31, 2022, the Company recorded a $nil credit allowance (2021:$nil). </div><div style="padding-left:28.8pt"> </div><div style="padding-left:28.8pt">The Company's revenue primarily comes from three key customers, as shown in the table below. The Company's remaining customers do not make up significant percentages of these balances. For additional details on product sales and fair value adjustments recognized in the period, refer to Note 3.</div><div style="margin-bottom:0.12pt;margin-top:0.01pt;padding-left:0.28pt"> </div><div style="margin-bottom:0.12pt;margin-top:0.01pt"> <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.070%"><tr><td style="width:1.0%"/><td style="width:71.642%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.528%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.530%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Revenue</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">For the two months ended December 31,</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">2021</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Customer A</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">10.3 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">36.9 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Customer B</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">62.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">56.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Customer C</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">26.2 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">0.0 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table> </div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:72pt;text-indent:36pt"> </div><div style="margin-bottom:0.01pt;margin-top:0.01pt"> <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:93.910%"><tr><td style="width:1.0%"/><td style="width:56.237%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.231%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.232%"/><td style="width:0.1%"/></tr><tr><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle">Trade Accounts Receivable</td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">As at</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">December 31, 2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">October 31, 2022</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Customer A</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">17.3 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">18.3 </td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Customer B</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">43.8 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">42.8 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Customer C</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">27.8 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">0.0 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td></tr></table></div>

4300000

1500000

4300000

1500000

3500000

2100000

4100000

3700000

2400000 2000000.0

10000000.0

7800000

<div style="margin-bottom:0.12pt;margin-top:0.01pt;padding-left:27pt">Other receivables consist principally of interest receivable.</div><div style="margin-bottom:0.12pt;margin-top:0.01pt;padding-left:0.28pt"> </div><div style="margin-bottom:0.12pt;margin-top:0.01pt;padding-left:27pt"> <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.230%"><tr><td style="width:1.0%"/><td style="width:56.382%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.158%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.160%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top">Aging Summary</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">As at</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">December 31, 2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">October 31, 2022</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Current</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">3.3</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">0.3</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">1-30 days</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">0.5</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">0.6</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">31-60 days</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">—</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">0.3</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">61-90 days</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">0.3</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">0.1</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">91 days and over</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">0.2</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">0.2</td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:bottom">Total accounts receivable</td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">4.3</td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">1.5</td></tr></table></div>

3300000

300000

500000

600000

300000

100000

200000

4300000

1500000

2300000 1200000 <div style="padding-left:28.8pt">The Company's revenue primarily comes from three key customers, as shown in the table below. The Company's remaining customers do not make up significant percentages of these balances. For additional details on product sales and fair value adjustments recognized in the period, refer to Note 3.</div><div style="margin-bottom:0.12pt;margin-top:0.01pt;padding-left:0.28pt"> </div><div style="margin-bottom:0.12pt;margin-top:0.01pt"> <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.070%"><tr><td style="width:1.0%"/><td style="width:71.642%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.528%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.530%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Revenue</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">For the two months ended December 31,</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">2021</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Customer A</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">10.3 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">36.9 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Customer B</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">62.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">56.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Customer C</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">26.2 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">0.0 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table> </div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:72pt;text-indent:36pt"> </div><div style="margin-bottom:0.01pt;margin-top:0.01pt"> <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:93.910%"><tr><td style="width:1.0%"/><td style="width:56.237%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.231%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.232%"/><td style="width:0.1%"/></tr><tr><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle">Trade Accounts Receivable</td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">As at</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">December 31, 2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">October 31, 2022</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Customer A</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">17.3 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">18.3 </td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Customer B</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">43.8 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">42.8 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Customer C</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">27.8 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">0.0 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle">%</td></tr></table></div>

0.103

0.369

0.621

0.561

0.262

0.000

0.173 0.183 0.438 0.428 0.278 0.000

Prepayment and deposits <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:93.910%"><tr><td style="width:1.0%"/><td style="width:56.237%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.231%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.232%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">As at</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">December 31, 2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">October 31, 2022</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Prepaid lease deposits</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:bottom">2.9</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:bottom">2.8</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Prepaid transaction costs</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">0.6</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">0.3</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Prepaid construction charges</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">1.4</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">1.4</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Prepaid equipment deposits</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">86.1</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">76.4</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Prepaid insurance</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">6.0</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">5.7</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Other prepaids</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">2.4</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">2.8</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Total prepaids and deposits</td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">99.4</td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">89.4</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Non-current portion of prepaids and deposits</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(4.2)</td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">(3.6)</td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Current prepaids and deposits</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">95.2 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">85.8 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table>Other prepaids consist principally of other deposit

<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:93.910%"><tr><td style="width:1.0%"/><td style="width:56.237%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.231%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.232%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">As at</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">December 31, 2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">October 31, 2022</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Prepaid lease deposits</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:bottom">2.9</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:bottom">2.8</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Prepaid transaction costs</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">0.6</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">0.3</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Prepaid construction charges</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">1.4</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">1.4</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Prepaid equipment deposits</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">86.1</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">76.4</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Prepaid insurance</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">6.0</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">5.7</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Other prepaids</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">2.4</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">2.8</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Total prepaids and deposits</td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">99.4</td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">89.4</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Non-current portion of prepaids and deposits</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(4.2)</td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">(3.6)</td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Current prepaids and deposits</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">95.2 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">85.8 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table> 2900000 2800000 600000 300000 1400000 1400000 86100000 76400000 6000000.0 5700000 2400000 2800000 99400000 89400000

4200000

3600000

95200000 85800000 <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.070%"><tr><td style="width:1.0%"/><td style="width:52.562%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:22.068%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:22.070%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">As at </td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">December 31, 2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">October 31, 2022</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Raw materials</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">5.8</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">4.7</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Finished goods</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">1.8</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">1.7</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Parts and tools</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">0.7</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">1.1</td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:bottom">Total inventories</td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #242424;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">8.3</td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #242424;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">7.5</td></tr></table>

5800000

4700000

1800000

1700000

700000

1100000

8300000

7500000

3800000

2200000

0 0 900000 400000

<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:93.108%"><tr><td style="width:1.0%"/><td style="width:20.758%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.808%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.808%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.153%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.120%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.357%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.296%"/><td style="width:0.1%"/></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:bottom">For the two months ended December 31,</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">2022</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">Assets under construction</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">Plant equipment and other</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">Computer equipment</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">Vehicles</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">Leasehold improvements</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">Total</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top">Cost</td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Balance, beginning of the period</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="padding:2px 0;text-align:right;vertical-align:top">107.4 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="padding:2px 0;text-align:right;vertical-align:top">34.3 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="padding:2px 0;text-align:right;vertical-align:top">1.8 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="padding:2px 0;text-align:right;vertical-align:top">0.3 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="padding:2px 0;text-align:right;vertical-align:top">9.8 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="padding:2px 0;text-align:right;vertical-align:top">153.6 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Additions</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">63.6 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">0.3 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">0.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">64.0 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Transfers</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(3.9)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">3.9 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:top">Balance, end of the period</td><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">167.1 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">38.2 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">2.1 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">0.3 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">9.9 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">217.6 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr style="height:8pt"><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:top">Accumulated depreciation</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Balance, beginning of the period</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(4.3)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(0.2)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(0.1)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(1.3)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(5.9)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Depreciation</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(1.0)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(0.1)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(0.2)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(1.3)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:top">Balance, end of the period</td><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(5.3)</td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(0.3)</td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(0.1)</td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(1.5)</td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(7.2)</td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:top">Net book value</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">167.1 </td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">32.9 </td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">1.8 </td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">0.2 </td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">8.4 </td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">210.4 </td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr></table> <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:93.108%"><tr><td style="width:1.0%"/><td style="width:20.758%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.808%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.808%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.153%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.120%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.357%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.296%"/><td style="width:0.1%"/></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:bottom">For the year ended October 31,</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">2022</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">Assets under construction</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">Plant equipment and other</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">Computer equipment</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">Vehicles</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">Leasehold improvements</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">Total</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top">Cost</td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Balance, beginning of the year</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="padding:2px 0;text-align:right;vertical-align:top">15.6 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="padding:2px 0;text-align:right;vertical-align:top">6.4 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="padding:2px 0;text-align:right;vertical-align:top">0.2 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="padding:2px 0;text-align:right;vertical-align:top">0.2 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="padding:2px 0;text-align:right;vertical-align:top">6.2 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="padding:2px 0;text-align:right;vertical-align:top">28.6 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Additions</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">119.5 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">0.2 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">1.6 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">0.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">3.6 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">125.0 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Transfers</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(27.7)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">27.7 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:top">Balance, end of the year</td><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">107.4 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">34.3 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">1.8 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">0.3 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">9.8 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">153.6 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr style="height:8pt"><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:top">Accumulated depreciation</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Balance, beginning of the year</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(1.6)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(0.1)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(0.5)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(2.2)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Depreciation</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(2.7)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(0.2)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(0.8)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(3.7)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:top">Balance, end of the year</td><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(4.3)</td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(0.2)</td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(0.1)</td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(1.3)</td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(5.9)</td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:top">Net book value</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">107.4 </td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">30.0 </td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">1.6 </td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">0.2 </td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">8.5 </td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">147.7 </td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr></table>

107400000

34300000

1800000

300000

9800000

153600000

63600000

300000

100000

64000000.0

-3900000

3900000

167100000

38200000

2100000

300000

9900000

217600000

-4300000

-200000

-100000

-1300000

-5900000

1000000.0

100000

200000

1300000

-5300000

-300000

-100000

-1500000

-7200000

167100000

32900000

1800000

200000

8400000

210400000

15600000

6400000

200000

6200000

28600000

119500000

200000

1600000

100000

3600000

125000000.0

-27700000

27700000

107400000

34300000

1800000

300000

9800000

153600000

-1600000

-100000

-500000

-2200000

2700000

200000

800000

3700000

-4300000

-200000

-100000

-1300000

-5900000

107400000

30000000.0

1600000

200000

8500000

147700000

1400000 100000 0

3500000

0.126

<div style="margin-bottom:6pt;margin-top:1pt;padding-left:27pt">The remuneration of the executive officers and directors, who are the key management personnel of the Company, is set out below:</div><div style="margin-bottom:0.01pt;margin-top:0.01pt"> <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.070%"><tr><td style="width:1.0%"/><td style="width:71.642%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.528%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.530%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">For the two months ended December 31,</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">2021</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Salaries</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">0.6 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">0.5 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Share-based compensation</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">1.4 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">0.8 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Fees and benefits</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">0.6 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">0.5 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Total remuneration of key management personnel</td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">2.6 </td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">1.8 </td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:28.8pt">Outstanding balances of remuneration of the executive officers and directors are summarized as follows: </div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:27pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.230%"><tr><td style="width:1.0%"/><td style="width:56.382%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.158%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.160%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">As at</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">December 31, 2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">October 31, 2022</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Accounts payable and accrued liabilities</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">2.8</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">2.3</td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top">Outstanding balances</td><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">2.8</td><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">2.3</td></tr></table></div>

600000

500000

1400000

800000

600000 500000

2600000

1800000

100000 100000

2800000

2300000

2800000

2300000

Accounts payable and accrued liabilities<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.070%"><tr><td style="width:1.0%"/><td style="width:56.310%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.194%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.196%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">As at</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">December 31, 2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">October 31, 2022</td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Trade payables</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">26.5 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">16.3 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle">Accrued fixed assets</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">35.4 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">7.2 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle">Accrued expenses</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">4.4 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">16.3 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Accrued compensation</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">9.6 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">7.7 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:middle">Total accounts payable and accrued liabilities</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:middle">75.9 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:middle">47.5 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table>

26500000

16300000

35400000

7200000

4400000

16300000

9600000

7700000

75900000

47500000

<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.230%"><tr><td style="width:1.0%"/><td style="width:56.382%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.158%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.160%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">As at</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">December 31, 2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">October 31, 2022</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">KSP Convertible Notes (a)</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">91.5 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">92.4 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Glencore Convertible Notes (b)</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">181.4 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">196.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:bottom">Total convertible debt at end of period</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:bottom">272.9 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:bottom">288.5 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><div style="padding-left:28.8pt">(a) KSP Convertible Notes</div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.230%"><tr><td style="width:1.0%"/><td style="width:56.382%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.158%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.160%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">As at</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">December 31, 2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">October 31, 2022</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Principal of convertible notes at beginning of period</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">105.9 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">100.0 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Issuance of convertible notes</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">4.3 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">5.9 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:bottom">Principal of convertible notes at end of period</td><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">110.2 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">105.9 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Conversion feature at beginning of period</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">9.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">29.0 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Fair value gain on embedded derivative</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(3.1)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(19.9)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Conversion feature at end of period</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">6.0 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">9.1 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Debt component at beginning of period</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">83.3 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">71.9 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Debt component issued</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">4.3 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">5.9 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Accrued interest paid in kind</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(4.3)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(5.9)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Accrued interest expense</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">2.2 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">11.4 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:bottom">Debt component at end of period</td><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">85.5 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">83.3 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:bottom">Total convertible debt at end of period</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:middle">91.5 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:middle">92.4 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr></table></div>The KSP Convertible Note and the PIK notes issued thereunder are referred to collectively as the "KSP Convertible Notes”, and as at December 31, 2022, comprised the following:<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:93.750%"><tr><td style="width:1.0%"/><td style="width:20.267%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:56.164%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.269%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Note</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Date Issued</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top">Amount Issued</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top">KSP Convertible Note</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top">September 29, 2021</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">100.0 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">PIK Note</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">December 31, 2021</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">1.8 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">PIK Note</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">June 30, 2022</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">4.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">PIK Note</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">December 31, 2022</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">4.3 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top">Total</td><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">110.2 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table><div style="margin-bottom:6pt;padding-left:27pt">(b) Glencore Convertible Notes</div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:0.28pt;text-indent:26.99pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.070%"><tr><td style="width:1.0%"/><td style="width:56.310%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.194%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.196%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">As at</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">December 31, 2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">October 31, 2022</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Principal of convertible notes at beginning of period</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">200.0 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle">— </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Issuance of convertible notes</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">8.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">200.0 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:bottom">Principal of convertible notes at end of period</td><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">208.1 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">200.0 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Conversion feature at beginning of period</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">34.8 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Conversion feature issued</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">46.2 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Fair value gain on embedded derivative</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(18.3)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(11.4)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Conversion feature at end of period</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">16.5 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">34.8 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Debt component at beginning of period</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">161.3 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Debt component issued</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">8.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">153.8 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Transaction costs</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(1.3)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Accrued interest paid in kind</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">(8.1)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Accrued interest expense</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">3.6 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">8.8 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:bottom">Debt component at end of period</td><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">164.9 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">161.3 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:bottom">Total convertible debt at end of period</td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:middle">181.4 </td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:middle">196.1 </td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="display:none"/></tr></table></div> 91500000 92400000 181400000 196100000 272900000 288500000 105900000 100000000.0 4300000 5900000 110200000 105900000 9100000 29000000.0

3100000

19900000

6000000.0 9100000 83300000 71900000 4300000 5900000 -4300000 -5900000

2200000

11400000

85500000 83300000 91500000 92400000

100000000

0.05

0.06 0.01 0.02 0.01 0.02 100000000.0 1800000 4100000 4300000 110200000 13.43 1.25 17.46

27700000

72300000

1600000

3100000

The assumptions used in the model were as follows:<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.230%"><tr><td style="width:1.0%"/><td style="width:35.124%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.158%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.158%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.160%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">(Issuance date) September 29, 2021 </td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">October 31, 2022</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">December 31, 2022</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top">Risk free interest rate</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top">1.1%</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top">4.4%</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top">4.2%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Expected life of options</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">5 years</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">3.9 years</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">3.8 years</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Expected dividend yield</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">0.0%</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">0.0%</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">0.0%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Expected stock price volatility</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">66%</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">63%</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">63%</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Share Price</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">$12.56</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">$5.96</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">$4.76</td></tr></table>

1.1

4.4

4.2

3.9

3.8

0.66

0.63

12.56

5.96

4.76

200000000.0 0 8100000 200000000.0 208100000 200000000.0 34800000 0

46200000

18300000

11400000

16500000 34800000 161300000 0 8100000 153800000

1300000

-8100000 0

3600000

8800000

164900000 161300000 181400000 196100000

200000000

0.0042826

0.05

0.06 0.01 0.02 9.95 200000000.0 8100000 208100000

46200000

153800000

1300000

18300000

2.9

4.4

4.2

4.6

4.4

0.68

0.63

8.15

5.96

4.76

Financial instruments and financial risk factors<div style="margin-bottom:6pt;margin-top:6pt;padding-left:28.8pt">Fair values </div><div style="margin-bottom:6pt;margin-top:1pt;padding-left:28.8pt">The Company’s financial instruments consist of cash equivalents, accounts receivable, other receivables, accounts payable and accrued liabilities, and convertible debt. The carrying amounts of other receivables, accounts payable and accrued liabilities approximate fair value due to the short-term maturity of these instruments.</div><div style="margin-bottom:1pt;margin-top:1pt;padding-left:28.8pt">Fair value hierarchy levels 1 to 3 are based on the degree to which the fair value is observable:</div><div style="padding-left:64.8pt;text-indent:-18pt">•Level 1 fair value measurements are those derived from quoted prices (unadjusted) in active markets for identical assets or liabilities;</div><div style="padding-left:64.8pt;text-indent:-18pt">•Level 2 fair value measurements are those derived from inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (i.e., as prices) or indirectly (i.e., derived from prices); and</div><div style="margin-bottom:8pt;padding-left:64.8pt;text-indent:-18pt">•Level 3 fair value measurements are those derived from valuation techniques that include inputs for the asset or liability that are not based on observable market data (unobservable inputs).</div><div style="margin-bottom:6pt;margin-top:1pt;padding-left:28.8pt">There were no transfers between the levels during the current or prior period.</div><div style="padding-left:28.8pt">The Company’s financial assets measured at fair value on a recurring basis are measured under level 2 of the hierarchy and were calculated as follows:</div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:0.28pt"> </div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:27pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.230%"><tr><td style="width:1.0%"/><td style="width:56.382%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.158%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:20.160%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div>As at December 31, 2022</div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Balance</td><td colspan="3" style="display:none"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Level 2</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 15.77pt;text-align:left;vertical-align:middle">Accounts receivable</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">4.3</td><td colspan="3" style="display:none"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">4.3</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/><td style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">4.3</td><td colspan="3" style="display:none"/><td style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">4.3</td><td colspan="3" style="display:none"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">As at October 31, 2022</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 15.77pt;text-align:left;vertical-align:middle">Accounts receivable</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">1.5</td><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">1.5</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:0 1pt"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">1.5</td><td colspan="3" style="display:none"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">1.5</td><td colspan="3" style="display:none"/></tr></table></div><div style="margin-top:1pt;padding-left:28.8pt"> </div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:0.28pt"> Refer to Note 5 above for additional details related to measurement of accounts receivable. </div><div style="padding-left:27pt">The Company’s financial liabilities measured at fair value on a recurring basis are measured under level 1 and 2 of the hierarchy and were calculated as follows:</div><div style="margin-bottom:6pt;margin-top:1pt;padding-left:28.8pt"> </div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:25.15pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.551%"><tr><td style="width:1.0%"/><td style="width:58.222%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.459%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.459%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.460%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div>As at December 31, 2022</div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Balance</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Level 1</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Level 2</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 15.77pt;text-align:left;vertical-align:middle">Conversion feature of convertible debt (refer to Note 11)</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">22.5</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">—</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">22.5</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td style="border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">22.5</td><td style="border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">—</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">22.5</td><td colspan="3" style="display:none"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">As at October 31, 2022</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 15.77pt;text-align:left;vertical-align:middle">Conversion feature of convertible debt (refer to Note 11)</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">43.9</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">— </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">43.9</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:0 1pt"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">43.9</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">—</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">43.9</td><td colspan="3" style="display:none"/></tr></table></div><div style="margin-bottom:6pt;margin-top:16pt;padding-left:0.28pt"> Currency risk</div><div style="padding-left:28.8pt">The Company is exposed to currency risk as its cash is mainly denominated in U.S. dollars, while its operations also require Canadian dollars and other currencies in addition to U.S. dollars. As at December 31, 2022, the impact of a 5% change in these respective currencies versus the U.S. dollar, would result in an immaterial impact.</div><div style="margin-bottom:0.06pt;margin-top:0.16pt;padding-left:0.28pt"> </div><div style="margin-bottom:0.06pt;margin-top:0.16pt;padding-left:0.28pt"> Interest rate risk </div><div style="margin-bottom:0.06pt;margin-top:0.16pt;padding-left:0.28pt"> </div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:28.8pt">Interest rate risk is the risk arising from the effect of changes in prevailing interest rates on the Company’s financial instruments. The Company is exposed to interest rate risk, as it has variable interest rate debt that includes an interest rate floor and cap. Refer to Note 11.</div><div style="margin-bottom:6pt;margin-top:0.16pt;padding-left:28.8pt"> </div><div style="margin-bottom:0.06pt;margin-top:0.16pt;padding-left:27pt">Credit risk</div><div style="margin-bottom:0.06pt;margin-top:0.16pt;padding-left:0.28pt"> </div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:27pt">Credit risks associated with cash are minimal as the Company deposits the majority of its cash with large Canadian and U.S. financial institutions above a minimum credit rating and with a cap on maximum deposits with any one institution. The Company’s credit risks associated with receivables are managed and exposure to potential loss is also assessed as minimal.</div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:0.28pt"> </div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:27pt">The Company's revenue and accounts receivable primarily come from three key customers under long-term contracts. The Company manages this risk by engaging with reputable multi-national corporations in stable jurisdictions and performing a review of a potential customer’s financial health prior to engaging in business. </div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:0.28pt"> </div><div style="margin-bottom:0.06pt;margin-top:0.16pt;padding-left:27pt">Liquidity risk</div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:0.28pt"> </div><div style="margin-bottom:6pt;margin-top:0.01pt;padding-left:27pt">Management has established an appropriate liquidity risk management framework for the management of the Company’s short-term, medium and long-term funding and liquidity requirements. </div><div style="margin-bottom:6pt;margin-top:1pt;padding-left:28.8pt">The Corporation’s undiscounted significant contractual obligations and interest and principal repayments in respect of its financial liabilities and provisions are presented in the following table: </div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:0.28pt;text-indent:26.99pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.070%"><tr><td style="width:1.0%"/><td style="width:30.756%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:12.528%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.528%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.528%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.528%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.532%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Undiscounted, at December 31,</td><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">2022</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">Total</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">Less than 1 year</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">1 - 3 years</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">3 - 5 years</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">More than 5 years</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Accounts payable and accrued liabilities</td><td colspan="3" style="display:none"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">75.9 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">75.9 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">— </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">— </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">— </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Lease liabilities</td><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">78.6 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">8.8 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">15.3</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">13.7</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">40.8</td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle">Restoration</td><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">0.5 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">0.2 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">0.1</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">0.2</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle">Convertible debt principal</td><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">318.4 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">318.4</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle">Convertible debt interest</td><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">127.7 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">127.7</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Total</td><td colspan="3" style="display:none"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">601.1 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">84.9 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">15.4 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">459.8 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">41.0 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:0.01pt;margin-top:0.01pt;text-indent:26.99pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.230%"><tr><td style="width:1.0%"/><td style="width:30.872%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:12.505%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.505%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.505%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.505%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.508%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Undiscounted, at October 31,</td><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">2022</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">Total</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">Less than 1 year</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">1 - 3 years</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">3 - 5 years</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">More than 5 years</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Accounts payable and accrued liabilities</td><td colspan="3" style="display:none"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">47.5 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">47.5 </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">— </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">— </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">— </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Lease liabilities</td><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">76.6 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">8.0 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">14.3 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">13.0 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">41.3 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Restoration</td><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">0.4 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">0.2 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">0.2 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Convertible debt principal</td><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">300.0 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">300.0 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Convertible debt interest</td><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">146.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">146.1 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Total</td><td colspan="3" style="display:none"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">570.6 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">55.5 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">14.5 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">459.1 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom">41.5 </td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:27pt"> </div><div style="margin-bottom:0.06pt;margin-top:0.16pt;padding-left:27pt">Market risk</div><div style="padding-left:27pt"> </div><div style="padding-left:27pt">The Company is exposed to commodity price movements for the inventory it holds and the products it produces. Commodity price risk management activities are currently limited to monitoring market prices. The Company’s revenues are sensitive to the market prices of the constituent payable metals contained in its products, notably cobalt and nickel.</div><div style="padding-left:27pt"> </div><div style="margin-bottom:6pt;margin-top:1pt;padding-left:27pt">The following table sets out the Company's exposure, as at December 31, 2022 and October 31, 2022, in relation to the impact of movements in the cobalt and nickel price for the provisionally invoiced sales volume of Black Mass & Equivalents by metric tonne:</div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:27pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.230%"><tr><td style="width:1.0%"/><td style="width:33.593%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.226%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.226%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.226%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.229%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Cobalt</td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Nickel</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:bottom">As at</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:middle">December 31, 2022</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:middle">October 31, 2022</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:middle">December 31, 2022</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:middle">October 31, 2022</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">BM&E Metric tonnes subject to fair value pricing adjustments</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">4,428</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">4,202</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">4,428</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">4,202</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">10% increase in prices</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">0.8</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">1.1</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">1.4</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">1.0</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">10% decrease in prices</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="padding:2px 0;text-align:right;vertical-align:top">(0.8)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="padding:2px 0;text-align:right;vertical-align:top">(1.1)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="padding:2px 0;text-align:right;vertical-align:top">(1.4)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="padding:2px 0;text-align:right;vertical-align:top">(1.0)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr></table></div><div style="margin-bottom:0.01pt;margin-top:0.01pt;text-indent:36pt"> </div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:27pt">The following table sets out the period end commodity prices for cobalt and nickel as at December 31, 2022 and October 31, 2022:</div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:31.5pt"> </div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:27pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.230%"><tr><td style="width:1.0%"/><td style="width:56.382%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.158%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.160%"/><td style="width:0.1%"/></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:center;text-indent:36pt;vertical-align:top">Market price per tonne</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">As at</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:middle">December 31, 2022</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:middle">October 31, 2022</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top">Cobalt</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">41,337</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">53,462</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Nickel</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:36pt;vertical-align:top">30,400</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:36pt;vertical-align:top">21,710</td></tr></table></div><div style="margin-bottom:6pt;margin-top:12pt;padding-left:18pt;text-indent:9pt">Capital risk management</div><div style="margin-bottom:1pt;margin-top:1pt;padding-left:27pt">The Company manages its capital to ensure that entities in the Company will be able to continue as a going concern while maximizing the return to shareholders through the optimization of the debt and equity balance. </div><div style="margin-bottom:1pt;margin-top:1pt;padding-left:27pt"> </div><div style="margin-bottom:1pt;margin-top:1pt;padding-left:27pt">The capital structure of the Company consists of net cash (cash and cash equivalents after deducting convertible debt) and equity of the Company (comprising issued share capital and other reserves).</div>The Company is not subject to any externally imposed capital requirements as of December 31, 2022.

<div style="padding-left:28.8pt">The Company’s financial assets measured at fair value on a recurring basis are measured under level 2 of the hierarchy and were calculated as follows:</div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:0.28pt"> </div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:27pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.230%"><tr><td style="width:1.0%"/><td style="width:56.382%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.158%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:20.160%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div>As at December 31, 2022</div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Balance</td><td colspan="3" style="display:none"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Level 2</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 15.77pt;text-align:left;vertical-align:middle">Accounts receivable</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">4.3</td><td colspan="3" style="display:none"/><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">4.3</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/><td style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">4.3</td><td colspan="3" style="display:none"/><td style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">4.3</td><td colspan="3" style="display:none"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">As at October 31, 2022</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 15.77pt;text-align:left;vertical-align:middle">Accounts receivable</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">1.5</td><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">1.5</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:0 1pt"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">1.5</td><td colspan="3" style="display:none"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">1.5</td><td colspan="3" style="display:none"/></tr></table></div>

4300000

1500000

<div style="padding-left:27pt">The Company’s financial liabilities measured at fair value on a recurring basis are measured under level 1 and 2 of the hierarchy and were calculated as follows:</div><div style="margin-bottom:6pt;margin-top:1pt;padding-left:28.8pt"> </div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:25.15pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.551%"><tr><td style="width:1.0%"/><td style="width:58.222%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.459%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.459%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.460%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div>As at December 31, 2022</div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Balance</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Level 1</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Level 2</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 15.77pt;text-align:left;vertical-align:middle">Conversion feature of convertible debt (refer to Note 11)</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">22.5</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">—</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">22.5</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td style="border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">22.5</td><td style="border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">—</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">22.5</td><td colspan="3" style="display:none"/></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">As at October 31, 2022</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 15.77pt;text-align:left;vertical-align:middle">Conversion feature of convertible debt (refer to Note 11)</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">43.9</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">— </td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">43.9</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:0 1pt"/><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">43.9</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">—</td><td style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-bottom:1pt solid #000;border-top:0.5pt solid #242424;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">43.9</td><td colspan="3" style="display:none"/></tr></table></div>

22500000

43900000

0.05

75900000

78600000

8800000

15300000

13700000

40800000

500000

200000

100000

200000

318400000

127700000

601100000

84900000

15400000

459800000

41000000.0

47500000

76600000

8000000.0

14300000

13000000.0

41300000

400000

200000

300000000.0

146100000

570600000

55500000

14500000

459100000

41500000

<div style="margin-bottom:6pt;margin-top:1pt;padding-left:27pt">The following table sets out the Company's exposure, as at December 31, 2022 and October 31, 2022, in relation to the impact of movements in the cobalt and nickel price for the provisionally invoiced sales volume of Black Mass & Equivalents by metric tonne:</div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:27pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.230%"><tr><td style="width:1.0%"/><td style="width:33.593%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.226%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.226%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.226%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.229%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Cobalt</td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Nickel</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:bottom">As at</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:middle">December 31, 2022</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:middle">October 31, 2022</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:middle">December 31, 2022</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:middle">October 31, 2022</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">BM&E Metric tonnes subject to fair value pricing adjustments</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">4,428</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">4,202</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">4,428</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom">4,202</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">10% increase in prices</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">0.8</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">1.1</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">1.4</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">1.0</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">10% decrease in prices</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="padding:2px 0;text-align:right;vertical-align:top">(0.8)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="padding:2px 0;text-align:right;vertical-align:top">(1.1)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="padding:2px 0;text-align:right;vertical-align:top">(1.4)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="padding:2px 0;text-align:right;vertical-align:top">(1.0)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr></table></div><div style="margin-bottom:0.01pt;margin-top:0.01pt;text-indent:36pt"> </div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:27pt">The following table sets out the period end commodity prices for cobalt and nickel as at December 31, 2022 and October 31, 2022:</div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:31.5pt"> </div><div style="margin-bottom:0.01pt;margin-top:0.01pt;padding-left:27pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.230%"><tr><td style="width:1.0%"/><td style="width:56.382%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.158%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.160%"/><td style="width:0.1%"/></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:center;text-indent:36pt;vertical-align:top">Market price per tonne</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">As at</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:middle">December 31, 2022</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:middle">October 31, 2022</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top">Cobalt</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">41,337</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">53,462</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Nickel</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:36pt;vertical-align:top">30,400</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:36pt;vertical-align:top">21,710</td></tr></table></div> 4428 4202 4428 4202 800000 1100000 1400000 1000000.0 -800000 -1100000 -1400000 -1000000.0 41337 53462 30400 21710

Commitments and contingencies<div style="margin-bottom:6pt;margin-top:6pt;padding-left:28.8pt">As of December 31, 2022, there were $9.5 million in committed purchase orders or agreements for equipment and services (October 31, 2022: $9.2 million). </div><div style="padding-left:28.8pt">Legal Proceedings</div><div style="padding-left:28.8pt"> </div><div style="padding-left:28.8pt">The Company is and may be subject to various claims and legal proceedings in the ordinary course of its business. Due to the inherent risks and uncertainties of the litigation process, we cannot predict the final outcome or timing of claims or legal proceedings. The Company records </div><div style="padding-left:28.8pt">provisions for such claims when an outflow of resources is considered probable and a reliable estimate can be made. No such provisions have been recorded by the Company. </div><div> </div><div style="padding-left:28.8pt">U.S. Shareholder Class Action</div><div> </div><div style="padding-left:28.8pt">On April 19, 2022, a putative securities class action lawsuit was filed in the U.S. District Court for the Eastern District of New York against the Company, its CEO, and its former CFO, on behalf of a proposed class of purchasers of the Company’s publicly traded securities during the period from February 16, 2021 through March 23, 2022. The complaint, which is captioned as Barnish v. Li-Cycle Holdings Corp., et al., 1:22-cv-02222 (E.D.N.Y.), alleges that the defendants issued false and misleading statements concerning Li-Cycle’s business, which were revealed when Blue Orca Capital published a short seller report on March 24, 2022. The complaint seeks compensatory damages and an award of costs. The original complaint asserted claims under Sections 10(b) and 20(a) of the U.S. Securities Exchange Act of 1934 (the “Exchange Act”). On July 22, 2022, the court appointed The Lanigan Group, Inc. as lead plaintiff. On October 11, 2022, the lead plaintiff filed an amended complaint asserting claims pursuant to Section 14(a) of the Exchange Act and Sections 11 and 15 of the U.S. Securities Act of 1933 on behalf of a proposed class comprising: (a) all persons who were eligible to vote at Peridot Acquisition Corp.’s extraordinary general meeting held during August 2021, and (b) all persons who acquired Li-Cycle publicly traded securities pursuant to Li-Cycle’s March 2021 Registration Statement. Unlike the original complaint, the amended complaint does not assert any claims under either Section 10(b) or Section 20(a) of the Exchange Act. The claims in the amended complaint are asserted against both the Company and certain individual defendants, including Li-Cycle’s two Co-Founders, Li-Cycle’s former CFO, two current directors of Li-Cycle (who were also directors and/or officers of Peridot Acquisition Corp. at the time of the Business Combination), and certain other directors or officers of Peridot Acquisition Corp. at the time of the Business Combination. On December 19, 2022, the Company and each of the individual defendants moved to dismiss the amended complaint in its entirety. The motion to dismiss is not yet fully briefed. The Company believes that the allegations in the amended complaint are without merit and intends to vigorously defend against this matter. No amounts have been recorded for any potential liability arising from this matter.</div>

9500000 9200000

s per share <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.070%"><tr><td style="width:1.0%"/><td style="width:71.642%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.528%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.530%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">(as restated)</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">For the two months ended December 31,</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">2021</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Total net income</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">1.7</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">22.1</td><td colspan="3" style="display:none"/></tr><tr style="height:12pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle">Weighted average number of common shares</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">176.0</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">163.2</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Effect of dilutive securities</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Stock options</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">2.1</td><td colspan="3" style="background-color:#ffffff;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">4.0</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Restricted share units</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">2.0</td><td colspan="3" style="background-color:#ffffff;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">0.9</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Warrants</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">—</td><td colspan="3" style="background-color:#ffffff;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">0.7</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Dilutive number of common shares</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">180.1</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">168.8</td><td colspan="3" style="display:none"/></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Basic earnings per common share</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">0.01</td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="background-color:#ffffff;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">0.14</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Diluted earnings per common share</td><td style="border-bottom:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-bottom:1pt solid #000000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">0.01</td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #000000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">0.13</td><td colspan="3" style="display:none"/></tr></table>

<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.070%"><tr><td style="width:1.0%"/><td style="width:71.642%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.528%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.530%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">(as restated)</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">For the two months ended December 31,</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">2021</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle">Total net income</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">1.7</td><td style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">22.1</td><td colspan="3" style="display:none"/></tr><tr style="height:12pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle">Weighted average number of common shares</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">176.0</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">163.2</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Effect of dilutive securities</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Stock options</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">2.1</td><td colspan="3" style="background-color:#ffffff;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">4.0</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Restricted share units</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">2.0</td><td colspan="3" style="background-color:#ffffff;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">0.9</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Warrants</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">—</td><td colspan="3" style="background-color:#ffffff;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">0.7</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Dilutive number of common shares</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">180.1</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">168.8</td><td colspan="3" style="display:none"/></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Basic earnings per common share</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">0.01</td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="background-color:#ffffff;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">0.14</td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Diluted earnings per common share</td><td style="border-bottom:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="border-bottom:1pt solid #000000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">0.01</td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #000000;padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">0.13</td><td colspan="3" style="display:none"/></tr></table>

1700000

22100000

176000000.0

163200000

2100000

4000000.0

2000000.0 900000

700000

180100000

168800000

0.01

0.13

Segment reporting<div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt">The condensed consolidated financial information presented in the accompanying financial statements is reviewed regularly by the Company’s chief operating decision maker (“CODM”) for making strategic decisions, allocations resources and assessing performance. The information review by CODM for decision making purposes aligns with the information provided above in the statements of loss and comprehensive loss, financial position, and cash flows. The Corporation’s CODM is its Chief Executive Officer.</div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt">During the two months ended December 31, 2022, the Company operated in Canada and the United States. The Company also has invested in future operations in Europe. Management has concluded that the customers, and the nature and method of distribution of goods and services delivered, if any, to these geographic regions are similar in nature. The risks and returns across </div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt">the geographic regions are not dissimilar; therefore, the Company operates as a single operating segment.</div><div style="margin-bottom:6pt;margin-top:1pt;padding-left:27pt">The following is a summary of the Company’s geographical information:</div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:27pt"> <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.230%"><tr><td style="width:1.0%"/><td style="width:40.906%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.784%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.355%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.784%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.784%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.787%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Canada</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">United States</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Germany</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Other</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Total</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.06pt;margin-top:0.18pt;padding-left:0.28pt;text-indent:-0.28pt">Revenues</div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Two months ended December 31, 2022</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">0.9</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">5.0</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">—</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">—</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">5.9</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Two months ended December 31, 2021</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">0.1</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">2.7</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">—</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">—</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">2.8</td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Non-current assets</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">As at December 31, 2022</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">38.1</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">213.0</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">11.6</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">2.7</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">265.4</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">As of October 31, 2022</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">26.8</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">161.4</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">10.7</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">2.5</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">201.4</td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="padding-left:10.8pt;text-indent:18pt"> </div><div style="margin-bottom:6pt;margin-top:1pt;padding-left:0.28pt"> Revenue is attributed to each geographical location based on location of sale.</div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:0.28pt"> The Company does not currently have active operations in any other geographical regions.</div>

<div style="margin-bottom:6pt;margin-top:1pt;padding-left:27pt">The following is a summary of the Company’s geographical information:</div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:27pt"> <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.230%"><tr><td style="width:1.0%"/><td style="width:40.906%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.784%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.355%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.784%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.784%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.787%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Canada</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">United States</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Germany</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Other</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Total</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.06pt;margin-top:0.18pt;padding-left:0.28pt;text-indent:-0.28pt">Revenues</div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Two months ended December 31, 2022</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">0.9</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">5.0</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">—</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">—</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:top">5.9</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Two months ended December 31, 2021</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">0.1</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">2.7</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">—</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">—</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:middle">2.8</td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">Non-current assets</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">As at December 31, 2022</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">38.1</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">213.0</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">11.6</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">2.7</td><td colspan="3" style="padding:2px 3.77pt 2px 1pt;text-align:right;vertical-align:top">265.4</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">As of October 31, 2022</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">26.8</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">161.4</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">10.7</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">2.5</td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:middle">$</td><td colspan="2" style="padding:2px 3.77pt 2px 0;text-align:right;vertical-align:middle">201.4</td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div>

900000

5000000.0

5900000

100000

2700000

2800000

38100000

213000000.0

11600000

2700000

265400000

26800000

161400000

10700000

2500000

201400000

Notes to the consolidated statement of cash flows<div style="margin-bottom:0.06pt;margin-top:6pt;padding-left:27pt">As at December 31, 2022, the Company had cash on hand of $110.6 million (October 31, 2022: $269.3 million) and cash equivalents in the form of short term guaranteed investment certificates of $407.3 million (October 31, 2022: $309.0 million).</div><div style="margin-bottom:0.06pt;margin-top:0.06pt;padding-left:27pt"> </div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:27pt">Changes in liabilities arising from financing activities comprise the following:</div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:27pt"> <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.230%"><tr><td style="width:1.0%"/><td style="width:44.478%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.505%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:12.505%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.505%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.507%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">For the two months ended December 31,</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">2022</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Lease liabilities</td><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Restoration provisions</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Convertible debt</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Conversion feature of convertible debt</td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:top">Balance, beginning of the period</td><td style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">51.8 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="display:none"/><td style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">0.4 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">244.6 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">43.9 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top">Cash changes:</td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Repayments of lease liabilities</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(0.5)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:top">Total changes from financing cash flows</td><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(0.5)</td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:top">Non-cash changes:</td><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">New leases</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">1.8 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Accrued interest and accretion</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(6.6)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top">Foreign exchange gain or (loss)</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">0.8 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div>Fair value gain/loss on conversion feature of convertible debt</div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(21.4)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Accrued interest paid in kind</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">12.4 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:top">Total non-cash changes</td><td style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">2.6 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="display:none"/><td style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">— </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">5.8 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top">(21.4)</td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:top">Balance, end of the period</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">53.9 </td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="display:none"/><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">0.4 </td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">250.4 </td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">22.5 </td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr></table></div>

110600000

269300000

407300000

309000000

<div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:27pt">Changes in liabilities arising from financing activities comprise the following:</div><div style="margin-bottom:0.06pt;margin-top:0.01pt;padding-left:27pt"> <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.230%"><tr><td style="width:1.0%"/><td style="width:44.478%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.505%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:12.505%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.505%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.507%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">For the two months ended December 31,</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">2022</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Lease liabilities</td><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Restoration provisions</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Convertible debt</td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">Conversion feature of convertible debt</td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:top">Balance, beginning of the period</td><td style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">51.8 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="display:none"/><td style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">0.4 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">244.6 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">43.9 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top">Cash changes:</td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Repayments of lease liabilities</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(0.5)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:top">Total changes from financing cash flows</td><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(0.5)</td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:top">Non-cash changes:</td><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #242424;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">New leases</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">1.8 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Accrued interest and accretion</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(6.6)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top">Foreign exchange gain or (loss)</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">0.8 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div>Fair value gain/loss on conversion feature of convertible debt</div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">(21.4)</td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">Accrued interest paid in kind</td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">12.4 </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top">— </td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:top">Total non-cash changes</td><td style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">2.6 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="display:none"/><td style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">— </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">5.8 </td><td style="border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top">(21.4)</td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt;text-align:left;vertical-align:top">Balance, end of the period</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">53.9 </td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="display:none"/><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">0.4 </td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">250.4 </td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0 2px 1pt;text-align:left;vertical-align:top">$</td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 0;text-align:right;vertical-align:top">22.5 </td><td style="border-bottom:1pt solid #242424;border-top:0.5pt solid #242424;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr></table></div>

51800000

400000

244600000

43900000

500000

-500000

1800000

-6600000

800000

21400000

12400000 2600000 0 5800000 -21400000

53900000

400000

250400000

22500000

58600000 41500000 58600000

14500000

P48Y 375000000 375000000 P12Y P10Y