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SHARE CAPITAL
12 Months Ended
Dec. 31, 2025
Disclosure of classes of share capital [abstract]  
SHARE CAPITAL SHARE CAPITAL
Number of Common Shares (2)
Share Capital
As at January 1, 202483,574,751 $418,649 
Shares issued for RSUs vested315,444 $2,953 
Shares issued for payment of Kurmuk deferred consideration1,972,354 $12,500 
Shares issued in public offering23,766,666 $153,017 
As at December 31, 2024109,629,215 $587,119 
Shares issued in offerings (1)
12,893,136 $196,307 
Shares issued for payment of Kurmuk deferred consideration1,474,882 $21,250 
Shares issued for RSUs vested739,988 $8,679 
 As at December 31, 2025
124,737,221 $813,355 
(1)Net of transaction costs incurred of $10.1 million.
(2) Shares issued prior to May 20, 2025, have been retrospectively adjusted for the impact of the 3 to 1 share consolidation ratio.

The Company's authorized share capital includes an unlimited number of common shares with no par value.

On October 8, and October 18, 2024, the Company closed an underwriting agreement, and an over-allotment option, respectively, for its overnight marketed equity offering of common shares, resulting in a total issuance of 71.3 million common shares at a price of C$3.10 per common share for aggregate gross proceeds of $162.1 million (C$221.0 million). The cost of this transaction was $9.1 million, therefore net proceeds were $153.0 million.

On April 22, 2025, and May 1, 2025 the Company closed an underwriting agreement, and an over-allotment option, respectively, pursuant to which the underwriters agreed to purchase, on a bought deal basis, an aggregate of 17,250,000 common shares at a price of C$5.35 per share for aggregate gross proceeds of $66.8 million (C$92.3 million). The cost of this transaction was $2.8 million, therefore net proceeds were $64.0 million.

On October 20, 2025, the Company filed a prospectus supplement related to an overnight marketed equity offering. Pursuant to this offering, 7,143,200 common shares were issued at a price of C$27.35 per share for gross proceeds of approximately $139.6 million (CAD$195.3 million) and net proceeds of approximately $134.0 million (CAD$187.4 million).