Acquisition of Sunward Resources Ltd. (Tables)

9 Months Ended

Aug. 31, 2015

Schedule of Acquisition , Valuation Assumptions [Table Text Block]

Risk-free interest rates	0.62%
Exercise price	CAD $0.54 - 6.27
Expected life	0.245years
Expected forfeiture rate	0%
Expected volatility	50.2%
Expected dividends	nil

Schedule of Business Acquisitions, Consideration Paid and Fair Value of Assets and Liabilities Acquired [Table Text Block]

in thousands of US dollars
Consideration:	$
Common Shares issued (43,116,312 at $0.53 per share)	22,851
Sunward Arrangement options	108
Total consideration	22,959
Fair value of net assets acquired:
Cash	19,399
Accounts receivable	19
Deposits and prepaid amounts	104
Plant and equipment	343
Mineral properties and developments costs	3,264
Accounts payable and accrued liabilities	(170	)
Net Assets	22,959

Business Acquisition, Pro Forma Information [Table Text Block]

in thousands of US dollars, except share and per share amounts
		August 31, 2015
		$
Net loss		9,824
Basic and diluted loss per common share	$	0.09