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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Oct. 31, 2019
Oct. 31, 2018
OPERATING ACTIVITIES    
Net loss for the year $ (5,042,577) $ (3,451,426)
Adjustments to reconcile net loss to cash flows in operating activities    
Stock-based compensation 917,386 841,524
Depreciation, amortization and accretion 76,386 88,776
Amortization of long-term debt discount 432,221 307,771
Deferred tax benefits (1,678) (5,168)
Loss (income) from equity-accounted investment 340,597 (387,869)
Realized loss on available-for-sale securities 799
Changes in operating assets and liabilities    
Prepaid expenses and deposits (85,062) (387,917)
Other current assets 128,043 (10,801)
Accounts payable and accrued liabilities (1,361,171) (966,472)
Due to a related party (68,600) 12,224
Other liabilities (78,977)
NET CASH USED IN OPERATING ACTIVITIES (4,743,432) (3,958,559)
FINANCING ACTIVITIES    
Proceeds from share issuance, net of issuance costs 21,639,005
NET CASH PROVIDED BY FINANCING ACTIVITIES 21,639,005
INVESTING ACTIVITIES    
Investment in mineral rights and properties (55,000)
Purchase of property, plant and equipment (26,827)
Investment in term deposits (15,000,000)
Proceeds from redemption of term deposits 11,831,671
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 11,804,844 (15,055,000)
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 7,061,412 2,625,446
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD 7,879,578 8,716,422
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD $ 14,940,990 $ 11,341,868