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MERGER AND FINANCING AGREEMENT WITH NEUTRON ENERGY (Tables)
12 Months Ended
Dec. 31, 2012
MERGER AND FINANCING AGREEMENT WITH NEUTRON ENERGY  
Schedule of acquisition date estimated fair value of each class of consideration transferred

 

 

Common shares

 

$

16,577,000

 

Note receivable—Neutron

 

3,559,000

 

Total purchase price

 

$

20,136,000

 

Schedule of preliminary allocation of total purchase price to net tangible assets

 

 

Cash

 

$

28,000

 

Restricted cash

 

273,000

 

Other current assets

 

11,000

 

Uranium properties—value beyond proven and probable

 

20,274,000

 

Other property, plant and equipment

 

323,000

 

Other non-current assets

 

12,000

 

Total assets

 

20,921,000

 

Total current liabilities

 

785,000

 

Total liabilities

 

785,000

 

Net tangible and intangible assets acquired

 

$

20,136,000

 

Schedule of unaudited pro forma information of Neutron acquisition

 

 

 

 

Unaudited
Pro Forma Financial Data
Years ended December 31

 

 

 

2012

 

2011

 

Revenue

 

$

 

$

 

Net loss(Restated)

 

$

(20,635,981

)

$

(17,545,103

)