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Consolidated statements of cash flows (Statement) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Operating activities    
Net income and comprehensive income $ 20,111 $ 1,958
Adjustments for:    
Cost of sales related to gold prepay loan 11,674 13,996
Depletion of royalty, stream and other interests 7,869 2,591
Share-based compensation 2,742 0
Change in fair value of gold prepay loan (5,454) (4,290)
Listing expense 22,390 0
Change in fair value of conversion option 1,693 0
Deferred income tax recovery (41,812) 0
Finance costs 471 0
Interest received 1,107 692
Changes in other assets and liabilities (393) 17
Cash provided by operating activities 20,398 14,964
Investing activities    
Cash acquired 11,344 0
Acquisition of gold prepay loan (15,500) 0
Acquisition of royalty, stream and other interests (15,293) (50,000)
Cash used in investing activities (19,449) (50,000)
Financing activities    
Proceeds on issuance of common shares 9,652 0
Share issue expenses (863) 0
Financing fees (430) 0
Dividends paid (1,966) 0
Net parent investment 15,175 35,036
Net cash provided by financing activities 21,568 35,036
Net increase in cash 22,517 0
Cash at beginning of period 0 0
Cash at end of period $ 22,517 $ 0