| Dec'17 | Dec'16 | |||||
|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||
Net loss | ||||||
-6,497 | -55,846 | |||||
Items not involving cash: | ||||||
Amortization | ||||||
20 | 23 | |||||
Change in fair value of warrants | ||||||
-342 | -44 | |||||
Deferred income tax expense (recovery) | ||||||
728 | -4,576 | |||||
Equity pick up from associate | ||||||
-308 | 1,327 | |||||
Impairment of exploration and evaluation assets | ||||||
0 | 53,893 | |||||
Gain on sale of available-for-sale securities | ||||||
0 | -1,152 | |||||
Share based payment expense | ||||||
2,268 | 2,263 | |||||
Unrealized foreign exchange (gain) loss | ||||||
-355 | 28 | |||||
Accounts receivable | ||||||
469 | -301 | |||||
Prepaid expenses | ||||||
-106 | -31 | |||||
Trade and other payables | ||||||
170 | -24 | |||||
Net cash used in operating activities | ||||||
-3,953 | -4,440 | |||||
INVESTING ACTIVITIES | ||||||
Exploration and evaluation expenditures | ||||||
1,420 | 1,323 | |||||
Investment in associate | ||||||
19,435 | 7,363 | |||||
Investment in securities | ||||||
1,704 | 566 | |||||
Net proceeds from sale of available-for-sale securities | ||||||
0 | 1,369 | |||||
Purchase of equipment | ||||||
13 | 39 | |||||
Redemption (purchase) of term deposits | ||||||
55,000 | -55,000 | |||||
Net cash provided by (used in) investing activities | ||||||
32,428 | -62,922 | |||||
FINANCING ACTIVITIES | ||||||
Issuance of common shares upon exercise of stock options | ||||||
283 | 4,659 | |||||
Issuance of common shares, net of share issue costs | ||||||
47,935 | 70,654 | |||||
Net cash from financing activities | ||||||
48,218 | 75,313 | |||||
EFFECTS OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS | ||||||
355 | -28 | |||||
INCREASE IN CASH AND CASH EQUIVALENTS | ||||||
77,048 | 7,923 | |||||
TERM DEPOSITS (Maturities in excess of 90 days) | ||||||
0 | 55 | |||||