7. Royalties
|
|
|
|
|
|
|
($) |
|
Carrying value, April 30, 2026 |
|
|
43,914 |
|
Additions |
|
|
— |
|
Depletion |
|
|
(132 |
) |
Impact of foreign currency translation |
|
|
(648 |
) |
Carrying value, July 31, 2026 |
|
|
43,134 |
|
The following summarizes our royalty interests as of July 31, 2026:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
July 31, 2026 |
|
|
April 30, 2026 |
|
|
|
Cost |
|
|
Accumulated Depletion |
|
|
Net |
|
|
Cost |
|
|
Accumulated Depletion |
|
|
Net |
|
|
|
($) |
|
|
($) |
|
|
($) |
|
|
($) |
|
|
($) |
|
|
($) |
|
Revenue-producing interests subject to depletion |
|
|
14,935 |
|
|
|
(1,535 |
) |
|
|
13,400 |
|
|
|
15,248 |
|
|
|
(1,403 |
) |
|
|
13,845 |
|
Non-revenue generating interests |
|
|
29,734 |
|
|
|
— |
|
|
|
29,734 |
|
|
|
30,069 |
|
|
|
— |
|
|
|
30,069 |
|
Total |
|
|
44,669 |
|
|
|
(1,535 |
) |
|
|
43,134 |
|
|
|
45,317 |
|
|
|
(1,403 |
) |
|
|
43,914 |
|
|