XML 135 R28.htm IDEA: XBRL DOCUMENT

22. COMMITMENTS

12 Months Ended

Dec. 31, 2019

Commitments

Note 22 - COMMITMENTS

The Company has a cost sharing agreement to reimburse Oniva for a percentage of its overhead expenses, to reimburse 100% of its out-of-pocket expenses incurred on behalf of the Company, and to pay a percentage fee based on Oniva’s total overhead and corporate expenses. The agreement may be terminated with one-month notice by either party. Transactions and balances with Oniva are disclosed in Note 12.

The Company and its subsidiaries have various operating lease agreements for their office premises, use of land, and equipment. Commitments in respect of these lease agreements are as follows:

		December 31, 2019				December 31, 2018
Not later than one year		$	1,269			$	3,092
Later than one year and not later than five years			20				74
Later than five years			5				10
		$	1,294			$	3,176

	Included in the above amount as at December 31, 2019, is the Company’s commitment to renounce flow-through eligible expenditures of $1,262 (C$1,639) that must be incurred in Canada.

	Office lease payments recognized as an expense during the year ended December 31, 2019, totalled $72 (2018 - $81, 2017 - $81).