Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flow

v3.5.0.2
Consolidated Statements of Cash Flow - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2016
Sep. 30, 2015
Cash provided by (used in) Operating activities      
Net loss for the period $ 1,803 $ (3,114) $ (1,386)
Items not affecting cash:      
Stock based expense 200 603 675
Depreciation and amortization   3,852 5,354
Accretion of asset retirement obligation 134 399 383
Amortization of deferred loan costs   114 138
Provision for reclamation   (1)  
Write off of investments 900 1,089  
Write-off of mineral properties   62  
Gain on foreign exchange   281  
Warrants mark to market gain (loss) (5) (36) (311)
Gain on disposition of assets   (14) (6)
Other loss   5 5
Gain from fulfillment of assigned sales contract (2,600) (2,588)  
RSUs redeemed for cash   (9) (142)
Proceeds from assignment of sales contract   5,085  
Change in non-cash working capital items:      
Accounts receivable   (3,289) 22
Inventory   (60) 310
Prepaid expenses   (86) (6)
Accounts payable and accrued liabilities   243 617
Accrued income taxes   30  
Net Cash Provided by (Used in) Operating Activities, Total   2,566 5,653
Investing activities      
Funding of equity investment   (5) (4)
Proceeds from sale of property and equipment   91 17
Purchase of capital assets   (281) (45)
Net Cash Provided by (Used in) Investing Activities, Total   (195) (32)
Financing activities      
Issuance of common shares and warrants for cash   6,568  
Share issue costs   (880)  
Proceeds from exercise of stock options   9 410
Repayment of debt   (6,486) (5,509)
Net Cash Provided by (Used in) Financing Activities, Total   (789) (5,099)
Effects of foreign exchange rate changes on cash   (64) 1
Net change in cash and cash equivalents   1,518 523
Beginning cash and cash equivalents   1,443 3,104
Ending cash and cash equivalents $ 2,961 $ 2,961 $ 3,627