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Share capital (Tables) | 6 Months Ended
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May 31, 2026
Share capital |
Schedule of common stock outstanding roll forward | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | in thousands of dollars, except share amounts | ​
​ | ​ ​ ​ | Number of shares | ​ | ​ | $ | ​
November 30, 2025 |  | 171,069,888 | ​ | ​ | 225,241 | ​
At-the-market offering, net of share issue costs | ​ | 174,410 | ​ | ​ | 1,164 | ​
Exercise of options | ​ | 253,334 | ​ | ​ | 404 | ​
Shares issued from restricted share units | ​ | 1,248,007 | ​ | ​ | 1,210 | ​
May 31, 2026, issued and outstanding | ​ | 172,745,639 | ​ | ​ | 228,019 | ​
Schedule of assumptions used in the pricing model | ​
​ | ​ | ​
​ | ​ ​ ​ | Weighted average
Risk-free interest rates |  | 2.58%
Exercise price |  | CDN$6.53
Expected life |  | 3 years
Expected volatility |  | 79.1%
Expected dividends |  | Nil
Summary of the company's stock option plan | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Weighted average | ​
​ | ​ | ​ | ​ | ​ | exercise price | ​
​ | ​ ​ ​ | Number of options | ​ | ​ | CDN$ | ​
Balance – beginning of the year |  | 8,433,584 | ​ | ​ | 1.11 | ​
Granted |  | 1,655,000 | ​ | ​ | 6.53 | ​
Exercised |  | (253,334) | ​ | ​ | 1.49 | ​
Balance – end of the period |  | 9,835,250 | ​ | ​ | 2.01 | ​
Summary of information about stock options | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Outstanding | ​ | ​ | Exercisable | ​ | ​ | Unvested |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Weighted | ​ | ​ | ​ | ​ | ​ | Weighted | ​ | ​ | ​ |
​ | ​ | Number of | ​ | ​ | Weighted | ​ | ​ | average | ​ | ​ | Number of | ​ | ​ | average | ​ | ​ | Number of |
​ | ​ | outstanding | ​ | ​ | average years | ​ | ​ | exercise price | ​ | ​ | exercisable | ​ | ​ | exercise price | ​ | ​ | unvested | ​
Range of exercise price - CDN | ​ | options | ​ | ​ | to expiry | ​ | ​ | CDN$ | ​ | ​ | options | ​ | ​ | CDN$ | ​ | ​ | options | ​
$0.59 to $1.00 |  | 5,115,000 | ​ | ​ | 2.00 | ​ | ​ | 0.69 | ​ | ​ | 5,115,000 | ​ | ​ | 2.00 | ​ | ​ | — | ​
$1.01 to $2.00 |  | 1,935,000 | ​ | ​ | 3.52 | ​ | ​ | 1.52 | ​ | ​ | 1,393,332 | ​ | ​ | 3.52 | ​ | ​ | 541,668 | ​
$2.01 to $3.00 | ​ | 1,130,250 | ​ | ​ | 0.52 | ​ | ​ | 2.21 | ​ | ​ | 1,130,250 | ​ | ​ | 0.52 | ​ | ​ | — | ​
$3.01 to $7.85 | ​ | 1,655,000 | ​ | ​ | 4.55 | ​ | ​ | 6.53 | ​ | ​ | 761,663 | ​ | ​ | 4.54 | ​ | ​ | 893,337 | ​
​ | ​ | 9,835,250 | ​ | ​ | 2.56 | ​ | ​ | 2.01 | ​ | ​ | 8,400,245 | ​ | ​ | 2.28 | ​ | ​ | 1,435,005 | ​
Schedule of restricted share Units and deferred share units plans | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ ​ ​ | Number of RSUs | ​ | ​ | Number of DSUs | ​
Balance – beginning of the year | ​ | 1,798,338 | ​ |  | 3,560,305 | ​
Granted |  | 301,339 | ​ | ​ | 20,557 | ​
Settled in common shares |  | (1,248,007) | ​ | ​ | — | ​
Balance – end of the period |  | 851,670 | ​ |  | 3,580,862 | ​

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