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Note 11 - Other Income (Expense), Net
3 Months Ended
Feb. 28, 2023
Notes to Financial Statements  
Other Income and Other Expense Disclosure [Text Block]

NOTE 11 OTHER INCOME (EXPENSE), NET

 

   

Three months ended February 28,

 
   

2023

   

2022

 

Interest and dividend income

  $ 1,329     $ 136  

Gain on sale of mineral property

    556        

Foreign exchange gain (loss)

    41       (112 )

Change in fair market value of marketable securities

    299       500  
    $ 2,225     $ 524  

 

Minas San Roque

 

In November 2021, the Company sold its 49% interest in the Minas San Roque project in Argentina to Marifil S.A., a subsidiary of International Iconic Gold Mines Ltd. (“Iconic”) for cash proceeds of C$250 upon closing, a C$750 note receivable due on November 1, 2022, and a C$1,000 note receivable due on November 1, 2023. The Company received and recognized a gain of $556 (C$750) during the three months ended February 28, 2023.