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Subsequent Events
12 Months Ended
Dec. 31, 2012
Subsequent Events [Abstract]  
Subsequent Events

25. Subsequent Events

 

In January 2013, the Company determined that accelerated payments were required pursuant to the operating agreement of Northern Comstock Mining, LLC (See Note 23). Pursuant to the operating agreement, $5,000,000 in accelerated payments were triggered when an additional 200,000 gold equivalent ounces were validated by a third party technical report. The payments will be made in the form of Series A-1 convertible preferred stock.

 

In March 2013, the Company raised $10 million ($9.8 net of issuance costs) from the issuance of 5 million shares of common stock.