Share capital (Tables)
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9 Months Ended |
Aug. 31, 2025 |
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| Share capital |
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| Schedule of common stock outstanding roll forward |
| | | | | | | | | in thousands of dollars, except share amounts | | | | Number of shares | | | $ | | November 30, 2024 | | 161,085,313 | | | 190,503 | | Exercise of options | | 400,000 | | | 337 | | Shares issued from Restricted Share Units | | 2,767,851 | | | 2,008 | | Services settled by common shares | | 38,246 | | | 50 | | August 31, 2025, issued and outstanding | | 164,291,410 | | | 192,898 | |
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| Schedule of assumptions used in the pricing model |
| | | | | August 31, 2025 | Risk-free interest rates | | 2.85% | Exercise price | | CDN$1.52 | Expected life | | 3 years | Expected volatility | | 89.3% | Expected dividends | | Nil |
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| Summary of the company's stock option plan |
| | | | | | | | | | | | August 31, 2025 | | | | | | | Weighted average | | | | | | | exercise price | | | | Number of options | | | CDN$ | | Balance – beginning of the year | | 13,630,234 | | | 1.77 | | Granted | | 2,125,000 | | | 1.52 | | Exercised | | (400,000) | | | 0.79 | | Expired | | (3,640,000) | | | 2.75 | | Balance – end of the period | | 11,715,234 | | | 1.45 | |
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| Summary of information about stock options |
| | | | | | | | | | | | | | | | | | | | | Outstanding | | | Exercisable | | | Unvested | | | | | | | | | | Weighted | | | | | | Weighted | | | | | | | Number of | | | Weighted | | | average | | | Number of | | | average | | | Number of | | | | outstanding | | | average years | | | exercise price | | | exercisable | | | exercise price | | | unvested | | Range of exercise price - CDN | | options | | | to expiry | | | CDN$ | | | options | | | CDN$ | | | options | | $0.59 to $1.00 | | 5,463,334 | | | 2.74 | | | 0.69 | | | 4,638,331 | | | 0.71 | | | 825,003 | | $1.01 to $2.00 | | 2,080,000 | | | 4.27 | | | 1.52 | | | 979,999 | | | 1.52 | | | 1,100,001 | | $2.01 to $3.00 | | 4,171,900 | | | 0.61 | | | 2.42 | | | 4,171,900 | | | 2.42 | | | — | | | | 11,715,234 | | | 2.25 | | | 1.45 | | | 9,790,230 | | | 1.52 | | | 1,925,004 | |
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| Schedule of restricted share Units and deferred share units plans |
| | | | | | | | | | | | Number of RSUs | | | Number of DSUs | | | Number of Fixed DSUs | | Balance – beginning of the year | | 2,793,339 | | | 3,133,412 | | | — | | Granted | | 1,811,096 | | | 72,943 | | | 304,605 | | Settled in common shares | | (2,806,097) | | | — | | | — | | Balance – end of the period | | 1,798,338 | | | 3,206,355 | | | 304,605 | |
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