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ACQUISITIONS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Schedule of consolidated statements of comprehensive income |
|  | 2017
Gold and silver sales |  | $ | 11,620
Net (loss) income |  |  | 757
Lexam VG Gold |
Schedule of assets acquired and liabilities assumed |
Total purchase price: |  |  |
Common shares issued for acquisition |  | $ | 38,141
Transaction fees incurred |  |  | 1,017
|  | $ | 39,158
Fair value of assets acquired and liabilities assumed: |  |  |
Mineral property interests |  | $ | 41,595
Cash and cash equivalents |  |  | 177
Other current assets |  |  | 86
Other assets |  |  | 312
Accounts payable and accrued liabilities |  |  | (288)
Reclamation obligations |  |  | (570)
Deferred income tax liabilities |  |  | (2,154)
|  | $ | 39,158
Black Fox |
Schedule of assets acquired and liabilities assumed |
Total purchase price: |  |  |
Purchase price |  | $ | 35,000
Adjustments to purchase price |  |  | (7,500)
|  | $ | 27,500
Fair value of assets acquired and liabilities assumed: |  |  |
Cash |  | $ | 249
Accounts Receivable |  |  | 470
Prepaids |  |  | 63
Inventory |  |  | 4,704
Mineral Property Interests |  |  | 8,954
Plant and Equipment |  |  | 33,683
Accounts Payable |  |  | (5,247)
Accrued Liabilities |  |  | (3,213)
Short term capital lease liability |  |  | (557)
Asset retirement obligation |  |  | (11,233)
Long term capital lease liability |  |  | (172)
Deferred tax liability |  |  | (201)
Net assets acquired in acquisition |  | $ | 27,500
Schedule of pro forma results for the entity, had the acquisition been completed within the period |
|  | Twelve Months Ended, December 31
Unaudited Combined Pro Forma Results of Operations (in thousands) |  | 2017 (Unaudited) |  | 2016 (Unaudited)
Gold and silver sales |  | $ | 131,072 |  | $ | 131,983
Net (loss) Income |  |  | (1,093) |  |  | 17,462
Pro forma net (loss) income per share |  |  |  |  |  |
Basic |  | $ | (0.00) |  | $ | 0.06
Diluted |  |  | (0.00) |  |  | 0.06

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472 + Details
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