v3.25.2
Condensed Interim Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Cash flows used in operating activities    
Loss for the period $ (7,547) $ (6,951)
Adjustments to reconcile net loss to cash flows used in operating activities    
Amortization   4
Consulting fees settled by common shares 30 90
Office lease accounting 2 76
Loss on equity investment in Ambler Metals LLC 2,236 2,019
Unrealized foreign exchange gain (2)  
Stock-based compensation 2,971 3,014
Net change in non-cash working capital    
(Increase) Decrease in accounts receivable (1) 25
Decrease in deposits and prepaid amounts (149) (93)
Increase in accounts payable and accrued liabilities (230) (38)
Total cash flows used in operating activities (2,690) (1,854)
Cash flows from financing activities    
Proceeds from exercise of options 224  
Total cash flows from financing activities 224  
Cash flows from investing activities    
Return of capital from Ambler Metals LLC   25,000
Total cash flows from investing activities   25,000
Change in cash (2,466) 23,146
Effect of exchange rate on cash 4 2
Cash - beginning of the year 25,834 2,590
Cash - end of the period $ 23,372 $ 25,738