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Investments subject to significant influence
9 Months Ended
Sep. 30, 2022
Investments subject to significant influence  
Investments subject to significant influence

5.

Investments subject to significant influence:

The Company’s principal investment subject to significant influence is Sama Resources Inc. (“Sama”). Others include its investments in Fjordland Exploration Inc. (“Fjordland”) and Sama Nickel Corporation (“SNC”).

Carried at fair value

Equity method

    

Sama

    

Fjordland

    

SNC

    

Total

Balance at December 31, 2021

 

5,719

 

1,325

 

657

 

7,701

Change in fair value

 

(245)

 

(876)

 

 

(1,121)

Investment

 

 

 

3,601

 

3,601

Share of loss

 

 

 

(3,077)

 

(3,077)

Foreign currency translation

 

 

(41)

 

(64)

 

(105)

Balance at September 30, 2022

$

5,474

$

408

$

1,117

$

6,999