Annual report pursuant to Section 13 and 15(d)

Restricted Cash (Tables)

v3.10.0.1
Restricted Cash (Tables)
12 Months Ended
Dec. 31, 2018
Restricted Cash [Abstract]  
Schedule of Restricted Cash and Cash Equivalents

 

As at

 

December 31, 2018

 

December 31, 2017

 

$

    

$

 

 

 

 

Money market account

7,458

 

7,458

Certificates of deposit

 -

 

100 

 

 

 

 

 

7,458

 

7,558

 

The bonding requirements for reclamation obligations on various properties have been agreed to by the Wyoming Department of Environmental Quality, Wyoming Uranium Recovery Program and United States Department of the Interior. The restricted money market accounts are pledged as collateral against performance surety bonds which are used to secure the potential costs of reclamation related to those properties. Surety bonds providing $29,880 of coverage towards specific reclamation obligations are collateralized by $7,444 of the restricted cash at December 31, 2018