ACQUISITION OF BEADELL RESOURCES LIMITED (Tables)

12 Months Ended

Dec. 31, 2019

ACQUISITION OF BEADELL RESOURCES LIMITED

Schedule of assets acquired and liabilities assumed

	Preliminary				Definitive
	Purchase Price				Purchase Price
	Allocation		Adjustments		Allocation
103,593,043 common shares issued (1)	$	93,235	$	—	$	93,235
9,749,727 warrants issued		2,646		—		2,646
Consideration		95,881		—		95,881
Cash and cash equivalents		1,441		—		1,441
Trade and other receivables		26,733		(124)		26,609
Inventories		36,820		1,354		38,174
Other current assets		1,227		(352)		875
Restricted cash		61		—		61
Mineral properties, plant and equipment		143,147		(29,492)		113,655
Right-of-use assets		18,397		—		18,397
Exploration and evaluation assets		309		—		309
Other receivables – non-current		735		125		860
Trade payables and accrued liabilities		(29,024)		(126)		(29,150)
Borrowings		(69,473)		—		(69,473)
Lease liabilities		(18,397)		—		(18,397)
Deferred income tax liability		—		(3,457)		(3,457)
Great Panther loan advance		(2,370)		—		(2,370)
Reclamation and remediation provision		(6,375)		(6,534)		(12,909)
Other liabilities and provisions		(7,350)		(76)		(7,426)
Net identifiable assets acquired		95,881		(38,682)		57,199
Goodwill		—		38,682		38,682
	$	95,881	$	—	$	95,881

Schedule of details about amounts previously reported together with the revised amounts as if the accounting for the business combination had been accounted for as at the acquisition date

	Preliminary				Definitive
	Purchase Price				Purchase Price
	Allocation		Adjustments		Allocation
Revenue	$	132,974	$	—	$	132,974
Cost of sales
Production costs		97,051		2,496		99,547
Amortization and depletion		21,238		61		21,299
Share-based compensation		238		—		238
General and administrative expenses		8,574		—		8,574
Exploration, evaluation, and development expenses		10,148		—		10,148
Impairment of goodwill		—		38,682		38,682
Business acquisition costs		2,863		—		2,863
Care and maintenance costs		599		—		599
Finance and other expense		12,280		808		13,088
Loss before income taxes		(20,017)		(42,047)		(62,064)
Income tax expense		891		—		891
Net loss for the year	$	(20,908)	$	(42,047)	$	(62,955)