| Royalties |
Royalties
|
|
|
|
|
|
|
|
|
|
|
As at April 30, 2026
($) |
|
|
As at April 30, 2025
($) |
|
Carrying value, at the beginning of the year |
|
|
43,380 |
|
|
|
35,501 |
|
Additions |
|
|
763 |
|
|
|
8,336 |
|
Depletion |
|
|
(493 |
) |
|
|
(475 |
) |
Impact of foreign currency translation |
|
|
264 |
|
|
|
18 |
|
Carrying value, at the end of the year |
|
|
43,914 |
|
|
|
43,380 |
|
The following summarizes our royalty interests as of April 30, 2026 and 2025:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
April 30, 2026 |
|
|
April 30, 2025 |
|
|
|
Cost |
|
|
Accumulated Depletion |
|
|
Net |
|
|
Cost |
|
|
Accumulated Depletion |
|
|
Net |
|
|
|
($) |
|
|
($) |
|
|
($) |
|
|
($) |
|
|
($) |
|
|
($) |
|
Revenue-producing interests subject to depletion |
|
|
15,248 |
|
|
|
(1,403 |
) |
|
|
13,845 |
|
|
|
15,125 |
|
|
|
(910 |
) |
|
|
14,215 |
|
Non-revenue generating interests |
|
|
30,069 |
|
|
|
— |
|
|
|
30,069 |
|
|
|
29,165 |
|
|
|
— |
|
|
|
29,165 |
|
Total |
|
|
45,317 |
|
|
|
(1,403 |
) |
|
|
43,914 |
|
|
|
44,290 |
|
|
|
(910 |
) |
|
|
43,380 |
|
|