v3.25.2
Condensed Interim Consolidated Statements of Changes in Shareholders' Equity (unaudited) - USD ($)
$ in Thousands
Share capital
Contributed surplus.
Contributed surplus - options
Contributed surplus - units.
Deficit
Total
Beginning Balance at Nov. 30, 2023 $ 187,886 $ 118 $ 28,237 $ 3,127 $ (81,813) $ 137,555
Beginning Balance (Shares) at Nov. 30, 2023 155,925,990          
Restricted Share Units $ 1,804     (1,804)    
Restricted Share Units (Shares) 3,633,065          
Joint venture contribution $ 112         112
Joint venture contribution (Shares) 143,507          
Services settled by common shares $ 30         30
Services settled by common shares (in shares) 64,368          
Stock-based compensation     318 1,681   1,999
Loss for the period         (3,601) (3,601)
Ending Balance at Feb. 29, 2024 $ 189,832 118 28,555 3,004 (85,414) 136,095
Ending Balance (Shares) at Feb. 29, 2024 159,766,930          
Beginning Balance at Nov. 30, 2023 $ 187,886 118 28,237 3,127 (81,813) $ 137,555
Beginning Balance (Shares) at Nov. 30, 2023 155,925,990          
Exercise of options (Shares)           0
Loss for the period           $ (6,951)
Ending Balance at Aug. 31, 2024 $ 190,200 118 28,741 3,528 (88,764) 133,823
Ending Balance (Shares) at Aug. 31, 2024 160,567,514          
Beginning Balance at Feb. 29, 2024 $ 189,832 118 28,555 3,004 (85,414) 136,095
Beginning Balance (Shares) at Feb. 29, 2024 159,766,930          
Restricted Share Units $ 155     (155)    
Restricted Share Units (Shares) 353,347          
Services settled by common shares $ 30         30
Services settled by common shares (in shares) 66,511          
Stock-based compensation     92 417   509
Loss for the period         (1,759) (1,759)
Ending Balance at May. 31, 2024 $ 190,017 118 28,647 3,266 (87,173) 134,875
Ending Balance (Shares) at May. 31, 2024 160,186,788          
Restricted Share Units $ 153     (153)    
Restricted Share Units (Shares) 326,020          
Services settled by common shares $ 30         30
Services settled by common shares (in shares) 54,706          
Stock-based compensation     94 415   509
Loss for the period         (1,591) (1,591)
Ending Balance at Aug. 31, 2024 $ 190,200 118 28,741 3,528 (88,764) 133,823
Ending Balance (Shares) at Aug. 31, 2024 160,567,514          
Beginning Balance at Nov. 30, 2024 $ 190,503 118 28,801 3,772 (90,400) 132,794
Beginning Balance (Shares) at Nov. 30, 2024 161,085,313          
Exercise of options $ 195   (64)     131
Exercise of options (Shares) 263,333          
Restricted Share Units $ 1,863     (1,863)    
Restricted Share Units (Shares) 2,647,945          
Services settled by common shares $ 30         30
Services settled by common shares (in shares) 24,260          
Stock-based compensation     738 1,520   2,258
Loss for the period         (3,623) (3,623)
Ending Balance at Feb. 28, 2025 $ 192,591 118 29,475 3,429 (94,023) 131,590
Ending Balance (Shares) at Feb. 28, 2025 164,020,851          
Beginning Balance at Nov. 30, 2024 $ 190,503 118 28,801 3,772 (90,400) $ 132,794
Beginning Balance (Shares) at Nov. 30, 2024 161,085,313          
Exercise of options $ 337          
Exercise of options (Shares) 400,000         400,000
Restricted Share Units (Shares) 2,767,851          
Services settled by common shares $ 50          
Services settled by common shares (in shares) 38,246          
Loss for the period           $ (7,547)
Ending Balance at Aug. 31, 2025 $ 192,898 118 29,712 3,884 (97,947) 128,665
Ending Balance (Shares) at Aug. 31, 2025 164,291,410          
Beginning Balance at Feb. 28, 2025 $ 192,591 118 29,475 3,429 (94,023) 131,590
Beginning Balance (Shares) at Feb. 28, 2025 164,020,851          
Exercise of options $ 110   (39)     71
Exercise of options (Shares) 86,667          
Restricted Share Units $ 145     (145)    
Restricted Share Units (Shares) 119,906          
Services settled by common shares $ 20         20
Services settled by common shares (in shares) 13,986          
Stock-based compensation     140 372   512
Loss for the period         (2,177) (2,177)
Ending Balance at May. 31, 2025 $ 192,866 118 29,576 3,656 (96,200) 130,016
Ending Balance (Shares) at May. 31, 2025 164,241,410          
Exercise of options $ 32   (10)     22
Exercise of options (Shares) 50,000          
Stock-based compensation     146 228   374
Loss for the period         (1,747) (1,747)
Ending Balance at Aug. 31, 2025 $ 192,898 $ 118 $ 29,712 $ 3,884 $ (97,947) $ 128,665
Ending Balance (Shares) at Aug. 31, 2025 164,291,410