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CASH AND CASH EQUIVALENTS AND RESTRICTED CASH | 3 Months Ended
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Mar. 31, 2019
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH |
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH | NOTE 16 CASH AND CASH EQUIVALENTS AND RESTRICTED CASH The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheets that total to the same such amounts shown in the Consolidated Statements of Cash flows:
|  | March 31, |  | December 31,
|  | 2019 |  | 2018
Cash and cash equivalents |  | $ | 11,907 |  | $ | 15,756
Restricted cash |  |  | 14,762 |  |  | 14,685
Restricted cash included in other assets |  |  | 48 |  |  | 48
Total cash, cash equivalents, and restricted cash |  | $ | 26,717 |  | $ | 30,489
Amounts included in restricted cash represent the remaining proceeds from the sale of flow-through common shares as described in Note 8 Shareholders’ Equity. A total of $14.8 million of proceeds remain restricted and will be utilized to fund exploration activities during 2019, at which point the restriction will lapse. The proceeds are required by the Income Tax Act (Canada) to be used as payment for generative exploration activities at the Company’s Canadian properties. Restricted cash included in other assets relates to reclamation bonding obligations in relation to the Company’s Lexam properties in Timmins, Canada.

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- Definition The entire disclosure for cash and cash equivalent footnotes, which may include the types of deposits and money market instruments, applicable carrying amounts, restricted amounts and compensating balance arrangements. Cash and equivalents include: (1) currency on hand (2) demand deposits with banks or financial institutions (3) other kinds of accounts that have the general characteristics of demand deposits (4) short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments maturing within three months from the date of acquisition qualify. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 305 -URI http://asc.fasb.org/topic&trid=2122426 + Details
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- References No definition available. + Details
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