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ACQUISITIONS (Tables) | 12 Months Ended
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Dec. 31, 2018
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

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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://fasb.org/us-gaap/role/ref/legacyRef -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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