Share capital (Tables)
|
6 Months Ended |
May 31, 2020 |
|---|
| Share capital |
|
| Schedule of common stock outstanding roll forward |
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|
|
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|
|
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|
|
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|
in thousands of dollars, except share amounts
|
|
|
|
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Number of shares
|
|
|
Ascribed value
|
|
|
|
|
|
|
|
$
|
|
|
November 30, 2018
|
|
131,585,612
|
|
|
164,069
|
|
|
Exercise of options
|
|
1,725,776
|
|
|
1,123
|
|
|
Restricted Share Units
|
|
412,501
|
|
|
424
|
|
|
Deferred Share Units
|
|
182,132
|
|
|
189
|
|
|
Exercise of warrants
|
|
6,521,740
|
|
|
12,166
|
|
|
November 30, 2019
|
|
140,427,761
|
|
|
177,971
|
|
|
Exercise of options
|
|
82,624
|
|
|
38
|
|
|
Restricted Share Units
|
|
412,501
|
|
|
642
|
|
|
May 31, 2020, issued and outstanding
|
|
140,922,886
|
|
|
178,651
|
|
|
| Schedule of assumptions used in the pricing model |
|
|
|
|
|
|
|
|
May 31, 2020
|
|
|
Risk-free interest rates
|
|
1.50
|
%
|
|
Exercise price
|
|
CAD$3.07
|
|
|
Expected life
|
|
3.0 years
|
|
|
Expected volatility
|
|
63.3
|
%
|
|
Expected dividends
|
|
Nil
|
|
|
| Summary of the company's stock option plan |
|
|
|
|
|
|
|
|
|
|
|
May 31, 2020
|
|
|
|
|
|
|
|
Weighted average
|
|
|
|
|
|
|
|
exercise price
|
|
|
|
|
Number of options
|
|
|
$
|
|
|
Balance – beginning of the period
|
|
9,205,600
|
|
|
1.05
|
|
|
Granted
|
|
2,325,000
|
|
|
2.13
|
|
|
Exercised
|
|
(151,667)
|
|
|
0.56
|
|
|
Forfeited
|
|
(260,000)
|
|
|
2.15
|
|
|
Balance – end of period
|
|
11,118,933
|
|
|
1.25
|
|
|
| Summary of information about stock options |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Outstanding
|
|
|
Exercisable
|
|
|
Unvested
|
|
|
|
|
|
|
|
|
|
|
Weighted
|
|
|
|
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|
Weighted
|
|
|
|
|
|
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Number of
|
|
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Weighted
|
|
|
average
|
|
|
Number of
|
|
|
average
|
|
|
Number of
|
|
|
|
|
outstanding
|
|
|
average years
|
|
|
exercise price
|
|
|
exercisable
|
|
|
exercise price
|
|
|
unvested
|
|
|
Range of price
|
|
options
|
|
|
to expiry
|
|
|
$
|
|
|
options
|
|
|
$
|
|
|
options
|
|
|
$0.32 to $0.50
|
|
3,901,433
|
|
|
0.81
|
|
|
0.40
|
|
|
3,901,433
|
|
|
0.81
|
|
|
—
|
|
|
$0.51 to $1.00
|
|
1,845,000
|
|
|
2.48
|
|
|
0.73
|
|
|
1,845,000
|
|
|
2.48
|
|
|
—
|
|
|
$1.01 to $1.50
|
|
225,000
|
|
|
2.87
|
|
|
1.29
|
|
|
175,000
|
|
|
2.83
|
|
|
50,000
|
|
|
$1.51 to $2.00
|
|
915,000
|
|
|
4.41
|
|
|
1.72
|
|
|
898,333
|
|
|
4.43
|
|
|
16,667
|
|
|
$2.01 to $2.54
|
|
4,232,500
|
|
|
4.03
|
|
|
2.17
|
|
|
2,895,829
|
|
|
3.92
|
|
|
1,336,671
|
|
|
|
|
11,118,933
|
|
|
2.65
|
|
|
1.25
|
|
|
9,715,595
|
|
|
2.43
|
|
|
1,403,338
|
|
|
| Schedule of restricted share Units and deferred share units plans |
|
|
|
|
|
|
|
|
|
|
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Number of RSUs
|
|
|
Number of DSUs
|
|
|
Balance – beginning of the period
|
|
212,501
|
|
|
1,137,488
|
|
|
Granted
|
|
200,000
|
|
|
44,903
|
|
|
Vested/paid
|
|
(412,501)
|
|
|
—
|
|
|
Balance – end of period
|
|
—
|
|
|
1,182,391
|
|
|