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Subsequent Event
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12 Months Ended | |||
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Dec. 31, 2011
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| Subsequent Event |
On February 23, 2012, the Company completed a private placement financing. Under an agreement with Dundee Securities Ltd. and ROTH Capital Partners, LLC, as agents (“the Agents”), the Agents sold 15,000,000 common shares of the Company at a price of CAD$1.00 per share, with an overallotment of 2,250,000 common shares, on a best-efforts basis, for gross proceeds of $17,250,000. |