Short-term investments

12 Months Ended

Dec. 31, 2023

Short-term Investments

Short-term investments

4. 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
Additions		112
Disposition		(4,531	)
Fair value change due to price change		481
Fair value change due to foreign exchange		579
Balance at December 31, 2022		3,840
Additions		74
Disposition		(3,308	)
Fair value change due to price change		(289	)
Fair value change due to foreign exchange		25
Balance at December 31, 2023		342

During the year ended December 31, 2023 the Company received shares from various optionees totaling $74 as land agreement payments and disposed of a portion of the short-term investments acquired through the acquisition Abitibi.

During the three months ended December 31, 2022, the Company received shares from various optionees totaling $68 as land agreement payment and disposed of a portion of the short-term investments acquired through the acquisition Abitibi.

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.