v3.25.4
Consolidated Statements of Financial Position - CAD ($)
$ in Thousands
Nov. 30, 2025
Nov. 30, 2024
Current assets    
Cash and cash equivalents $ 24,937 $ 11,880
Restricted cash 60 122
Income taxes receivable 158 0
Prepaid expenses and deposits 555 893
Short-term investments 1,383 18
Other assets 491 403
Current assets 27,584 13,316
Non-current assets    
Reclamation deposits 494 494
Exploration and evaluation assets 57,998 56,547
Land, property and equipment 2,953 3,300
Investment in associate 0 7,230
Investment in joint venture 629 1,168
Long-term investments 148,303 38,906
Assets 237,961 120,961
Current liabilities    
Accounts payable and accrued liabilities 2,171 1,602
Due to joint venture 29 26
Due to related parties 268 274
Current lease liabilities 100 88
Income taxes payable 89 1,992
Withholding taxes payable 253 253
Current liabilities 2,910 4,235
Non-current liabilities    
Non-current lease liabilities 199 299
Rehabilitation provisions 1,327 1,020
Deferred tax liability 3,926 246
Liabilities 8,362 5,800
Equity    
Issued capital 214,387 190,785
Reserves 14,786 14,050
Share issuance obligation 498 91
Accumulated deficit (7,703) (4,436)
Accumulated other comprehensive income (loss) 4,825 (86,731)
Total equity attributable to shareholders of the Company 226,793 113,759
Non-controlling interests 2,806 1,402
Equity 229,599 115,161
Equity and liabilities $ 237,961 $ 120,961