(in thousands, except share amounts)

2017

2016

Consideration received at fair value:

Fair value of 56,050,450 GoviEx Consideration Shares received

$

-

$

3,954

Fair value of 22,420,180 GoviEx Consideration Warrants received

-

1,162

Transaction costs

(81)

(170)

Consideration received at fair value

$

(81)

$

4,946

Net assets disposed of at carrying value:

Cash and cash equivalents

$

-

$

(660)

Prepaid and other current assets

-

(109)

Property, plant and equipment

Plant and equipment

-

(258)

Mineral properties-Mali, Namibia and Zambia

-

(3,427)

Total assets

$

-

(4,454)

Accounts payable and accrued liabilities

-

43

Net assets disposed of at carrying value

$

-

$

(4,411)

Cumulative foreign currency loss translation adjustment realized in income

-

(637)

Loss on disposal of Africa Mining Division

$

(81)

$

(102)