Number of common shares issued for acquisition of Oregon Energy

  ​ ​ ​

​

1,710,991

Fair value per share

$

6.99

Share consideration

$

11,959,827

Cash consideration from prior option payments (Note 9)

​

​

1,219,545

Total consideration

​

$

13,179,372

​

​

​

​

Net assets assumed by the Company:

​

​

​

Cash

$

302

Prepaids and deposits

​

​

42,604

Restricted cash

​

​

140,960

Property, plant and equipment

​

​

242,012

Accounts payable and accrued liabilities

​

​

(2,231)

Mineral rights

​

​

12,755,725

Net assets (liabilities)

$

13,179,372