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RELATED PARTY TRANSACTIONS
 9 Months Ended
Sep. 30, 2020
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

NOTE 15 RELATED PARTY TRANSACTIONS

The Company recorded the following expense in respect to the related parties outlined below during the periods presented:

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Three months ended September 30,

    

Nine months ended September 30,

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2020

    

2019

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2020

    

2019

Lexam L.P.

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$

—

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$

36

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$

87

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$

113

REVlaw

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34

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56

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122

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184

The Company has the following outstanding accounts payable balances in respect to the related parties outlined below:

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September 30, 2020

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December 31, 2019

Lexam L.P.

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$

71

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$

65

REVlaw

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53

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12

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An affiliate of Mr. McEwen participated as a lender in the $50.0 million term loan by providing $25.0 million of the total $50.0 million funding and continued as such under the ARCA. During the three and nine months ended September 30, 2020, the Company paid $0.6 million and $1.8 million, respectively, (three and nine months ended September 30, 2019 – $0.6 million and $1.8 million, respectively) in interest to this affiliate. Furthermore, pursuant to the ARCA, 1,045,850 shares of common stock valued at $0.9 million were issued to the affiliate. The payments to the affiliate of Mr. McEwen are on the same terms as the non-affiliated lender (Note 11).