v3.26.3
Condensed Interim Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2026
Apr. 30, 2026
Current Assets    
Cash $ 54,104 $ 241,956
Restricted cash 49,547 40,081
Accounts receivable 4,196 59
Investments in equity securities 10,968 12,382
Inventories 220 34,329
Prepaids and other receivables 1,752 492
Total current assets 120,787 329,299
Non-current Assets    
Right-of-use assets 95 107
Royalties 43,134 43,914
Land 441,956 0
Mineral properties and interests, net 1,300,379 0
Deferred tax assets 5,270 0
Other long-term assets 56 0
Total non-current Assets 1,790,890 44,021
Total Assets 1,911,677 373,320
Current Liabilities    
Accounts payable and accrued liabilities 31,682 2,117
Other payables 71 1,181
Advanced minimum royalties 31,434 0
Deferred revenue 775 0
Current portion of lease liability 44 44
Short-term loan 40,000 0
Subscription receipts liability 0 42,734
Long-term debt - current 17,097 0
Income tax payable 16,936 9,400
Total Current Liabilities 138,039 55,476
Non-current Liabilities    
Mandatorily redeemable preferred stock 22,602 0
Non-current portion of lease liability 56 70
Long-term debt 535,661 0
Other long-term liabilities 1,006 0
Deferred income tax liability 122,144 5,004
Total Non-current Liabilities 681,469 5,074
Total Liabilities 819,508 60,550
Stockholders' Equity    
Common stock, $0.001 par value, 999,990,000 shares authorized, 377,210,623 shares issued and outstanding (April 30, 2026: no par value) 377 265,168
Exchangeable shares, no par value, 3,856,695 shares issued and outstanding (April 30, 2026: nil) 10,571 0
Additional paid-in capital 899,537 3,160
Retained earnings 68,701 52,454
Accumulated other comprehensive loss (17,642) (8,012)
Total Stockholders' Equity 961,544 312,770
Non-controlling interest 130,625 0
Total Equity, including Non-controlling Interest 1,092,169 312,770
Total Liabilities and Equity $ 1,911,677 $ 373,320