XML 56 R6.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash generated by (used in): Operating Activities      
Net income $ 1,626 $ 2,522 $ 2,016
Adjustments for non-cash items:      
Deferred income tax expense (recovery) (645) (140) 1,005
Depreciation and depletion 3,256 2,703 1,913
Accretion of reclamation provision 378 248 215
Unrealized loss (gain) on investments 5 (5) 2
Foreign exchange (gain) loss 45 127 (442)
Fair value adjustment on warrant liability (1,304) (563) (8)
Fair value adjustment on modification of term facility 234
Share-based payments 630 2,018 1,218
Cash flows from (used in) operations before changes in working capital 4,225 6,910 5,921
Net change in non-cash working capital items 4,999 (9,077) (1,098)
Cash flows from (used in) operations 9,224 (2,167) 4,823
Cash generated by (used in): Financing Activities      
Shares and units issued for cash, net of issuance costs 8,466 40 22,791
Finance lease payments (1,166) (1,581) (1,531)
Equipment loan payments (1,445) (847) (587)
Term facility payments (2,000) (667) (667)
Cash flows from (used in) financing activities 3,855 (3,055) 20,006
Cash generated by (used in): Investing Activities      
Exploration and evaluation expenditures (5,361) (5,527) (4,810)
Additions to plant, equipment and mining properties (9,416) (6,608) (3,683)
Redemption (purchase) of short-term investments 1,000 9,000 (10,000)
Redemption of reclamation bonds 548
Cash flows from (used in) investing activities (13,229) (3,135) (18,493)
Change in cash (150) (8,357) 6,336
Effect of exchange rate changes on cash (18) (3) 43
Cash, Beginning 3,420 11,780 5,401
Cash, Ending $ 3,252 $ 3,420 $ 11,780