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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands | Share capital [Member] | Reserves [Member] | Deficit [Member] | Total
--- | --- | --- | --- | ---
Balance opening at Dec. 31, 2022 | $ 161,696 | $ 13,199 | $ (56,334) | $ 118,561
Balance opening (shares) at Dec. 31, 2022 | 49,467,877 |  |  |
Shares issued in ATM, net of issue costs | $ 4,142 |  |  | $ 4,142
Shares issued in ATM, net of issue costs (in shares) | 944,396 |  |  | 944,396
Acquisition of Nova Royalty Corp. | $ 112,053 | 1,152 |  | $ 113,205
Acquisition of Nova Royalty Corp. (shares) | 34,943,542 |  |  |
Acquisition of royalties and other interests | $ 6,225 |  |  | $ 6,225
Acquisition of royalties and other interests(shares) | 1,406,182 |  |  | 1,406,182
Beedie subscription | $ 11,113 |  |  | $ 11,113
Beedie subscription (shares) | 2,835,539 |  |  |
Conversion of loan payable | $ 3,330 | (433) |  | 2,897
Conversion of loan payable (shares) | 545,702 |  |  |
Extinguishment of loan payable | $ 1,210 | (131) |  | 1,079
Exercise of stock options | $ 1,340 | (898) |  | 442
Exercise of stock options (shares) | 463,289 |  |  |
Shares issued on vesting of restricted share units | $ 2,214 | (2,214) |  |
Shares issued on vesting of restricted share units (shares) | 270,704 |  |  |
Share-based payments - stock options |  | 734 |  | 734
Share-based payments - restricted share units |  | 1,521 |  | 1,521
Dividends paid |  |  | (1,195) | (1,195)
Loss for the period |  |  | (5,837) | (5,837)
Balance ending at Dec. 31, 2023 | $ 303,323 | 12,930 | (63,366) | $ 252,887
Balance ending (shares) at Dec. 31, 2023 | 90,877,231 |  |  | 90,877,231
Conversion of loan payable | $ 1,109 |  |  | $ 1,109
Conversion of loan payable (shares) | 429,800 |  |  | 429,800
Private placement | $ 719 |  |  | $ 719
Private placement (Shares) | 250,000 |  |  | 250,000
Exercise of stock options | $ 946 | (790) |  | $ 156
Exercise of stock options (shares) | 213,717 |  |  |
Shares issued on vesting of restricted share units | $ 1,751 | (1,751) |  |
Shares issued on vesting of restricted share units (shares) | 305,690 |  |  |
Share-based payments - stock options |  | 926 |  | 926
Share-based payments - restricted share units |  | 1,706 |  | 1,706
Loss for the period |  |  | (5,476) | (5,476)
Balance ending at Dec. 31, 2024 | $ 307,848 | $ 13,021 | $ (68,842) | $ 252,027
Balance ending (shares) at Dec. 31, 2024 | 92,076,438 |  |  | 92,076,438

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