Quantitative and Qualitative Disclosures About Market Risk.
−Removed: Company’s financial instruments consist of cash and cash equivalents, amounts receivable, investments, trade payable ,
−Removed: and accrued expenses and other payables.
−Removed: Unless otherwise noted, it is management’s opinion that the Company is not exposed to
−Removed: significant interest or credit risks arising from these financial instruments.
−Removed: The fair value of these financial instruments approximates
−Removed: their carrying values, unless otherwise noted.
+Added: Company’s financial instruments consist of cash and cash equivalents, amounts receivable, investments, trade payable , and accrued
+Added: expenses and other payables.
+Added: Unless otherwise noted, it is management’s opinion that the Company is not exposed to significant
+Added: interest or credit risks arising from these financial instruments.
+Added: The fair value of these financial instruments approximates their carrying
+Added: values, unless otherwise noted.
understands that the Company is exposed to financial risk arising from fluctuations in foreign exchange rates and the degree of volatility
13 unchanged sentences
Company’s approach to managing liquidity risk is to ensure that it will have sufficient liquidity to meet liabilities as they come
−Removed: As of October 31, 2022, the Company has total assets of $38,450,320 (July 31, 2022 - $42,577,041) and a positive working capital
+Added: As of January 31, 2023, the Company has total assets of $34,161,267 (July 31, 2022 - $42,577,041) and a positive working capital
balance of $33,368,149 (July 31, 2022 –$41,405,613).
4 unchanged sentences
relating to being a public company in Canada) and, therefore, the Company is exposed to foreign currency risk at the end of the reporting
−Removed: period through its Canadian denominated accounts payable and cash.
−Removed: As of October 31, 2022, a 5% depreciation or appreciation of the Canadian
+Added: period through its Canadian denominated trade payable and cash.
+Added: As of January 31, 2023, a 5% depreciation or appreciation of the Canadian
dollar against the US dollar would not have a material effect on the in total loss and comprehensive loss.
−Removed: carrying values of cash and cash equivalents, amounts receivable, trade payable, and accrued expenses and other payables
−Removed: approximate their fair values due to their short terms to maturity.
+Added: carrying values of cash and cash equivalents, amounts receivable, trade payable, and accrued expenses and other payables approximate
+Added: their fair values due to their short terms to maturity.
cash and cash equivalents are valued using quoted market prices in active markets.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.