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Condensed Consolidated Interim Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities    
Net income (loss) $ 2,929 $ (4,472)
Adjustments for non-cash items:    
Deferred income tax expense (recovery) 2,337 (1,065)
Depreciation and depletion 1,007 985
Accretion of reclamation provision 21 23
Gain (loss) on investments 1,282 (101)
Unrealized foreign exchange loss 32 1,015
Unwinding of fair value adjustment 92 (12)
Fair value adjustment on warrant liability (2,606) (1,044)
Realized loss on warrants exercised 0 1,111
Share-based payments 1,062 1,114
Cash provided by (used in) operating activities before working capital items 6,156 (2,446)
Net change in non-cash working capital items 990 1,284
Cash provided by (used in) operating activities 7,146 (1,162)
Financing activities    
Shares and units issued for cash, net of issuance costs 30 19,146
Term facility payments   (1,667)
Lease liability payments (674) (172)
Equipment loan payments   (72)
Cash provided by (used in) financing activities (644) 17,235
Investing activities    
Exploration and evaluation expenditures (597) (725)
Additions to plant, equipment and mining properties (2,824) (228)
Acquisition of La Preciosa (15,289)  
Cash provided by (used in) investing activities (18,710) (953)
Change in cash (12,208) 15,120
Effect of exchange rate changes on cash 234 (19)
Cash, beginning 24,765 11,713
Cash, ending $ 12,791 $ 26,814