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CONSOLIDATED STATEMENTS OF (INCOME) LOSS AND OTHER COMPREHENSIVE (INCOME) LOSS - CAD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Operating expenses    
General and administrative $ 1,925 $ 488
Consulting and professional fees 2,729 4,309
Exploration and evaluation expenditures 3,428 4,705
Investor relations and marketing 1,000 843
Refinery, engineering and metallurgical studies 2,349 4,442
Refinery, permitting, and environmental expenses 128 867
Salary and benefits 3,913 2,804
Share-based payments 1,282 731
Operating loss 16,754 19,189
Other    
Unrealized loss on marketable securities (589) (2,617)
Gain (loss) on financial derivative liability - convertible notes 27,686 (12,952)
Gain on other financial derivative liability 1,531  
Other non-operating income (expense) 677 (158)
Income (loss) before taxes 12,551 (34,916)
Net (Income) Loss 12,551 (34,916)
Other comprehensive income    
Foreign currency translation expense   3
Net income (loss) and other comprehensive income (loss) $ 12,551 $ (34,919)
Basic income (loss) per share $ 0.38 $ (1.26)
Diluted income loss per share $ (0.37) $ (1.26)
Weighted average number of shares outstanding (basic) 32,646,906 27,753,182
Weighted average number of shares outstanding (diluted) 40,763,386 27,753,182