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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating activities    
Net loss $ (8,100,132) $ (6,471,668)
Add (deduct) items not affecting cash:    
Net income from investments (178,046) (220,112)
Depreciation 213,531 174,007
Loss on disposal of mineral property interest 85,052
Loss on disposal of plant and equipment   14,804
Share-based compensation 3,244,613 961,484
Unrealized foreign exchange loss (gain) 22,103 (185,475)
Changes in non-cash operating working capital (1,086,144) 925,800
Interest received 370,100 152,111
Net cash used in operating activities (5,513,975) (4,563,997)
Investing activities    
Capital expenditures (18,025,316) (11,095,064)
Proceeds on disposals 2,986,188  
Plant and equipment    
Additions (92,835) (538,548)
Proceeds on disposals 1,808
Changes in other tax receivable (1,898,626) (1,415,404)
Net cash used in investing activities (17,030,589) (13,047,208)
Financing activities    
Proceeds from issuance of common shares 825,116 1,782,895
Net cash provided by financing activities 825,116 1,782,895
Effect of exchange rate changes on cash (1,306,744) (1,290,668)
Decrease in cash (23,026,192) (17,118,978)
Cash, beginning of the year 29,322,504 46,441,482
Cash, end of the year $ 6,296,312 $ 29,322,504