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BASIC AND DILUTED LOSS PER COMMON SHARE
 6 Months Ended
Jun. 30, 2016
BASIC AND DILUTED LOSS PER COMMON SHARE [Text Block]
9.

BASIC AND DILUTED LOSS PER COMMON SHARE

Basic and diluted loss per share

The calculation of diluted earnings per share after adjustment for the effects of all potential dilutive common shares, calculated as follows:

 

   Three months ended     Six months ended  

 

   June 30,     June 30,  

 

   2016     2015     2016     2015  

Loss attributable to shareholders

   ($10,408 )   ($4,060 )   ($19,216 )   ($5,263 )

Basic and diluted weighted average number

                        

of common shares outstanding

   53,043,512     22,999,968     50,282,647     21,347,938  

Loss per common share

  ($0.20 )   ($0.18 )   ($0.38 )   ($0.25 )

For the three and six months ended June 30, 2016 and 2015, 6.76 million and 3.84 million options and warrants, respectively, and the potential conversion of the uranium debentures have been excluded from the calculation as their effect would have been anti-dilutive.