NextSource Materials Inc.NSRCF
| Jun 30, 2021 | Jun 30, 2022 |
---|
Net income (loss) for the year | - | 16 |
---|
Amortization of plant and equipment | 6,592 | 35,040 |
---|
Change in value of lease obligations | 1,448 | 2,949 |
---|
Change in value of royalty obligations | - | 495,704 |
---|
Change in value of warrant liability | 36 | -19,229,287 |
---|
Change in value of production obligation (note 12) | - | -48,472 |
---|
Realized gain on disposal of asset | - | -2,530 |
---|
Share-based compensation settled with shares | - | 315,740 |
---|
Subtotal | - | -2,310,653 |
---|
(Increase) decrease in amounts receivable and prepaid expenses | -112,321 | -525,708 |
---|
Increase (decrease) in accounts payable and accrued liabilities | -89,205 | 1 |
---|
Increase (decrease) in provision | - | -57,133 |
---|
Net cash used in operating activities | -1,428,185 | -1,633,949 |
---|
Deposit | - | 181,161 |
---|
Additions to property, plant, and equipment | - | -12,961,819 |
---|
Dispositions of equipment | - | 2,530 |
---|
Net cash used in investing activities | -4,325,642 | -13,140,450 |
---|
Exercise of stock options | - | 577,500 |
---|
Exercise of warrants | - | 2 |
---|
Lease liability principal payments | 6,367 | 53,279 |
---|
Short term debt | -22,115 | - |
---|
Net cash provided by financing activities | 28 | 2 |
---|
Effect of exchange rate changes on cash and cash equivalents | 134,638 | 76,153 |
---|
Net increase (decrease) in cash and cash equivalents during the year | 22 | -12,643,833 |
---|