Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets
$ in Thousands, $ in Thousands
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Current assets    
Cash and cash equivalents (note 4) $ 7,752 $ 6,372
Accounts receivable 22 31
Inventory (note 5)   1,840
Prepaid expenses 885 847
Assets, Current, Total 8,659 9,090
Long-term inventory (note 5) 7,426 12,852
Restricted cash (note 6) 7,463 7,458
Mineral properties (note 7) 43,212 45,805
Capital assets (note 8) 23,630 25,158
Assets, Noncurrent, Total 81,731 91,273
Assets, Total 90,390 100,363
Current liabilities    
Accounts payable and accrued liabilities (note 9) 2,211 2,343
Current portion of long term debt (note 10)   5,062
Environmental remediation accrual 72 77
Liabilities, Current, Total 2,283 7,482
Notes payable (note 10) 12,215 9,600
Lease liability 12  
Asset retirement obligations (note 12) 30,972 30,384
Other liabilities - warrants (note 13) 575 1,050
Liabilities, Noncurrent, Total 43,774 41,034
Liabilities 46,057 48,516
Share Capital    
Common shares, without par value, unlimited shares authorized; shares issued and outstanding: 160,478,059 at December 31, 2019 and 159,729,403 at December 31, 2018 185,754 185,221
Contributed surplus 20,317 19,930
Accumulated other comprehensive income 3,654 3,670
Deficit (165,392) (156,974)
Stockholders' Equity Attributable to Parent, Total 44,333 51,847
Liabilities and Equity, Total 90,390 100,363
Preferred Class A    
Share Capital    
Class A preferred shares, without par value, unlimited shares authorized; no shares issued and outstanding