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INVESTMENT IN ASSOCIATES (Tables)
 12 Months Ended
Mar. 31, 2022
Disclosure of associates [abstract]  
Schedule of Investment in Common Shares and Market Value as Balance Sheet Dates
   Number of
shares		   Amount   Value of NUAG’s
common shares per
quoted market price		 
Balance April 1, 2020   42,596,506   $44,555   $148,624 
Participation in public offering   1,320,710    5,805      
WHG Spin-out        (1,793)     
Share of net loss        (1,672)     
Share of other comprehensive loss        (2,324)     
Foreign exchange impact        5,828      
Balance March 31, 2021   43,917,216   $50,399   $181,257 
Purchase from open market   125,000    352      
Share of net loss        (1,715)     
Share of other comprehensive income        95      
Foreign exchange impact        306      
Balance March 31, 2022   44,042,216   $49,437   $140,275 

 

   Number of
shares		   Amount   Value of WHG’s
common shares per
quoted market price		 
Balance April 1, 2020            
Distributed by NUAG through WHG spin-out   5,740,285    1,793      
Participation in private placement   5,774,000    1,326      
Share of net loss        (174)     
Foreign exchange impact        113      
Balance March 31, 2021   11,514,285   $3,058   $15,108 
Participation in private placement   4,000,000    4,960      
Share of net loss        (473)     
Foreign exchange impact        (141)     
Balance March 31, 2022   15,514,285   $7,404   $6,208 

 
Schedule of Financial Information for Investment
   Years ended March 31, 
   2022(1)   2021(1) 
Net loss attributable to NUAG’s shareholders as reported by NUAG  $(6,055)  $3,029 
Adjustments to remove impairment charges recognized by NUAG   
-
    (8,862)
Net loss of NUAG qualified for pick-up    (6,055)   (5,833)
Other comprehensive income (loss) attributable to NUAG’s shareholders as reported by NUAG   334    (8,079)
Comprehensive income (loss) of NUAG qualified for pick-up  $(5,721)  $(13,912)
Company’s share of net loss   (1,715)   (1,672)
Company’s share of other comprehensive income (loss)   95    (2,324)
Company’s share of comprehensive income  $(1,620)  $(3,996)

(1)NUAG’s fiscal year-end is on June 30. NUAG’s quarterly financial results were used to compile the financial information that matched with the Company’s year-end on March 31.

  

   Year ended March 31, 
   2022(1)   2021(1) 
Net loss attributable to WHG’s shareholders as reported by WHG  $(1,607)  $(856)
Adjustments to exclude WHG’s net loss before spin-out   
-
    211 
Net loss of WHG qualified for pick-up  $(1,607)  $(645)
Company’s share of net loss  $(473)  $(174)

(1)WHG’s fiscal year-end is on December 31. WHG’s quarterly financial results were used to compile the financial information that matched with the Company’s year-end on March 31.

 
Schedule of Consolidated Financial Statements
As at  March 31, 2022   March 31, 2021 
Current assets  $37,075   $48,511 
Non-current assets   88,171    78,164 
Total assets  $125,246   $126,675 
Current liabilities   2,353    811 
Total liabilities   2,353    811 
           
Net assets  $122,893   $125,864 
Non-controlling interests   (24)   (50)
Total equity attributable to equity holders of NUAG  $122,917   $125,914 
Company’s share of net assets of associate  $34,670   $35,932 

 

As at  March 31, 2022   March 31, 2021 
Current assets  $3,068   $823 
Non-current assets   19,159    10,862 
Total assets  $22,227   $11,685 
Current liabilities   575    237 
Long-term liabilities   5    
-
 
Total liabilities   580    237 
           
Net assets  $21,647   $11,448 
Company’s share of net assets of associate  $6,341   $3,090