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Condensed Interim Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Feb. 28, 2026
Feb. 28, 2025
Cash flows used in operating activities    
Loss for the period $ (7,063) $ (3,623)
Adjustments to reconcile net loss to cash flows used in operating activities    
Consulting fees settled by common shares   30
Office lease accounting   1
Loss on equity investment in Ambler Metals LLC 1,343 581
Loss on derivative carried at fair market value 1,514  
Unrealized foreign exchange (gain)/loss (76)  
Stock-based compensation 3,096 2,230
Net change in non-cash working capital    
Decrease/(increase) in accounts receivable 7 (3)
Decrease in deposits and prepaid amounts 73 98
Decrease in accounts payable and accrued liabilities (1,635) (62)
Total cash flows used in operating activities (2,741) (748)
Cash flows from financing activities    
Proceeds from issuance of common shares, net of share issue costs 1,164  
Proceeds from exercise of options 166 131
Total cash flows from financing activities 1,330 131
Cash flows from investing activities    
Contribution to Ambler Metals LLC (2,500)  
Total cash used in investing activities (2,500)  
Change in cash (3,911) (617)
Effect of exchange rate on cash 82 (4)
Cash - beginning of the period 51,613 25,834
Cash - end of the period $ 47,784 $ 25,213