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CONSOLIDATED STATEMENTS OF (LOSS) INCOME - CAD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Income Statement    
REVENUE AND OTHER INCOME $ 5,084 $ 3,536
COSTS AND EXPENSES    
General and administrative 5,127 3,109
Project and royalty generation costs, net 8,446 6,185
Depletion, depreciation, and direct royalty taxes 844 1,824
Share-based payments 1,245 1,032
TOTAL COSTS AND EXPENSES 15,662 12,150
Loss from operations (10,578) (8,614)
Change in fair value of fair value through profit or loss assets 362 (1,832)
Gain (loss) on sale of marketable securities 61 (217)
Equity loss in associated entity   80,311
Foreign exchange (loss) gain (3,646) 3,483
Interest and other finance charges, net of settlement gains   (337)
Impairment of royalty interest   (7,256)
Impairment of accounts receivable (434)  
Discretionary success bonuses   (5,224)
Writedown of goodwill (1,879)
Income (loss) before income taxes (14,235) 58,435
Deferred income tax recovery 415 3,683
Income (loss) for the year $ (13,820) $ 62,118
Basic earnings (loss) per share (in dollars per share) $ (0.17) $ 0.78
Diluted earnings (loss) per share (in dollars per share) $ (0.17) $ 0.77
Weighted average no. of shares outstanding - basic (in shares) 81,801,575 79,979,320
Weighted average no. of shares outstanding - diluted (in shares) 81,801,575 80,653,474