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RESTRICTED CASH
6 Months Ended
May 31, 2022
RESTRICTED CASH

6.       RESTRICTED CASH

 

As at May 31, 2021, the Company had two Guaranteed Investment Certificates (“GICs”) totaling $54,496 (November 30, 2021 - $53,937) which earn interest at 0.45% and 0.10% per annum and renew annually on July 8 and September 28, respectively. The GICs have been assigned as security to the Royal Bank of Canada.