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Condensed Interim Consolidated Statements of Cash Flows (Unaudited) - CAD ($)
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
OPERATING ACTIVITIES    
Total net loss for the period $ (5,677,602) $ (24,235,060)
Items not affecting cash:    
Share-based payment 2,593,095
Deferred share units granted 306,405
Depreciation 89,760
Provision for leave and severance 163,866
Accrued interests and accretion on loans 656,310
Warrant fair value movement 116,177 19,300,354
Changes in working capital    
Prepaid expenses and other receivables (52,726) (1,123,555)
Trade payables and accrued expenses (631,067) 2,463,490
Other loan payable 135,289
Net cash used in operating activities (5,028,877) (866,387)
INVESTING ACTIVITIES    
Acquisition of property, plant and equipment (391,031) (266,112)
Additions to expenditures on exploration and evaluation assets (8,400,253) (17,282,590)
Net cash used in investing activities (8,791,284) (17,548,702)
FINANCING ACTIVITIES    
Proceeds from issuance of units 23,814,272 22,388,599
Share issue costs (1,521,306) (1,951,475)
Loan proceeds, net of fees 14,304,202
Option financing 2,750,000
Promissory note repayment (7,637,329)
Vehicle loan payment (34,898)
Lease payment (95,479)
Net cash provided by financing activities 31,579,462 20,437,124
Impact of currency translation for the foreign operations (1,314,400) (1,271,357)
Change in cash for the period 16,444,901 750,678
Cash at the beginning of the period 5,162,991 1,990,203
Cash at the end of the period $ 21,607,892 $ 2,740,881