The Company formerly held contingent shares receivable in Gold Mountain. During the year ended
December 31, 2015,
a gain on fair value adjustment of
$Nil
was recorded. This asset was transferred to Almadex as detailed in the Plan of Arrangement on
July 31, 2015 (
Note
2
).
The Company formerly held contingent shares receivable in Goldgroup Mining Inc. During the year ended
December 31, 2015,
a loss on fair value adjustment of
$22,500
was recorded. This asset was transferred to Almadex as detailed in the Plan of Arrangement on
July 31, 2015 (
Note
2
).