Short-term investments

12 Months Ended

Sep. 30, 2022

Short-term Investments

Short-term investments

5. Short-term investments

	($)
Balance at September 30, 2020		—
Acquisition of marketable securities in merger with Ely		1,291
Fair value change due to price change		(168	)
Fair value change due to foreign exchange		(5	)
Balance at September 30, 2021		1,118
Acquisition of Golden Valley and Abitibi		23,360
Addition		949
Dispositions		(17,659	)
Fair value change due to price change		(619	)
Fair value change due to foreign exchange		50
Balance at September 30, 2022		7,199

During the year ended September 30, 2022, the Company acquired 1,666,667 units of Monarch Mining Corporation ("Monarch") at a price of C$0.60 per unit for $799 (C$1 million). Each unit consists of one common share of Monarch and one transferable common share purchase warrant, with each warrant entitling the holder to acquire an additional common share for C$0.95 for a period of 60 months following the date of issuance thereof.