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Consolidated Statements of Cash Flows - CAD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2020 | Dec. 31, 2019
Operating activities: |  |
Loss for the year from continuing operations | $ (10,763) | $ (9,548)
Adjusted for: |  |
Interest and other income | (91) | (43)
Items not involving cash: |  |
Unrealized net gain on marketable securities | (565) | (160)
Depreciation | 252 | 252
Amortization of flow-through share premium | (453) | (867)
Finance expense related to bridge loan | 259 | 150
Loss on amendment and extinguishment of bridge loan | 224 | 0
Accretion of provision for site reclamation and closure | 34 | 40
Share-based compensation | 2,530 | 2,547
Other | 12 | (74)
Changes in non-cash working capital | (896) | 285
Cash used in operating activities, continuing operations | (9,457) | (7,418)
Cash used in operating activities, discontinued operation | (3,224) | (3,179)
Investing activities: |  |
Interest received | 91 | 43
Disposition of Peruvian projects to Spincos | (12,781) | 0
Acquisition of Eastmain, net of cash acquired | (1,403) | 0
Transaction costs paid on behalf of Spincos | (1,400) | 0
Option payment received | 150 | 0
Increase in restricted cash | (50) | 0
Other | 27 | (23)
Cash (used in) provided by investing activities, continuing operations | (15,366) | 20
Cash used in investing activities, discontinued operation | (1,210) | (937)
Financing activities: |  |
Proceeds from issuance of common shares, net of cash share issuance costs | 19,885 | 6,976
Proceeds from issuance of flow-through shares | 16,350 | 0
Proceeds from loan, net of transaction costs | 0 | 2,979
Interest paid | (64) | 0
Lease payments | (25) | 0
Proceeds from share option and warrant exercises | 7,812 | 572
Cash provided by financing activities, continuing operations | 43,958 | 10,527
Effect of foreign exchange rate changes on cash | 0 | (6)
Increase (decrease) in cash | 14,701 | (993)
Cash, beginning of the period | 660 | 1,653
Cash, end of the period | $ 15,361 | $ 660

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