10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001279569-19-000840 |
| Period End Date | 20190228 |
| Filing Date | 20190409 |
| Fiscal Year | 2019 |
| Fiscal Period | Q1 |
| XBRL Instance | tmq-20190228.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common Stock, No Par Value |
CommonStockNoParValue
|
- | USD | Point-in-time |
| Common Stock, No Par Value |
CommonStockNoParValue
|
- | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$5.39M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$29.95M | USD | Point-in-time |
| Common Stock, Shares, Issued |
CommonStockSharesIssued
|
132.04M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$12.15M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$22.99M | USD | Point-in-time |
| Common Stock, Shares, Issued |
CommonStockSharesIssued
|
131.59M | shares | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$23.00K | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$29.00K | USD | Point-in-time |
| Deposits and prepaid amounts |
PrepaidExpenseCurrent
|
$899.00K | USD | Point-in-time |
| Deposits and prepaid amounts |
PrepaidExpenseCurrent
|
$619.00K | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$30.88M | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$23.63M | USD | Point-in-time |
| Rent deposit |
DeferredRentReceivablesNetNoncurrent
|
$114.00K | USD | Point-in-time |
| Rent deposit |
DeferredRentReceivablesNetNoncurrent
|
$114.00K | USD | Point-in-time |
| Plant and equipment (note 3) |
PropertyPlantAndEquipmentNet
|
$288.00K | USD | Point-in-time |
| Plant and equipment (note 3) |
PropertyPlantAndEquipmentNet
|
$325.00K | USD | Point-in-time |
| Mineral properties and development costs (note 4) |
MineralPropertiesNet
|
$30.59M | USD | Point-in-time |
| Mineral properties and development costs (note 4) |
MineralPropertiesNet
|
$30.59M | USD | Point-in-time |
| Total Assets |
Assets
|
$54.66M | USD | Point-in-time |
| Total Assets |
Assets
|
$61.87M | USD | Point-in-time |
| Accounts payable and accrued liabilities (note 5) |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$1.07M | USD | Point-in-time |
| Accounts payable and accrued liabilities (note 5) |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$1.66M | USD | Point-in-time |
| Current liabilities |
LiabilitiesCurrent
|
$1.66M | USD | Point-in-time |
| Current liabilities |
LiabilitiesCurrent
|
$1.07M | USD | Point-in-time |
| Mineral properties purchase option (note 4(c)) |
PurchaseObligation
|
$20.80M | USD | Point-in-time |
| Mineral properties purchase option (note 4(c)) |
PurchaseObligation
|
$31.00M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$22.46M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$32.07M | USD | Point-in-time |
| Share capital (note 7) unlimited common shares authorized, no par value Issued -132,042,343 (2018 131,585,612) |
CommonStockValue
|
$164.52M | USD | Point-in-time |
| Share capital (note 7) unlimited common shares authorized, no par value Issued -132,042,343 (2018 131,585,612) |
CommonStockValue
|
$164.07M | USD | Point-in-time |
| Warrants (note 6(c)) |
WarrantsAndRightsOutstanding
|
$2.25M | USD | Point-in-time |
| Warrants (note 6(c)) |
WarrantsAndRightsOutstanding
|
$2.25M | USD | Point-in-time |
| Contributed surplus |
ContributedSurplus
|
$122.00K | USD | Point-in-time |
| Contributed surplus |
ContributedSurplus
|
$122.00K | USD | Point-in-time |
| Contributed surplus options (note 6(a)) |
AdditionalPaidInCapital
|
$20.63M | USD | Point-in-time |
| Contributed surplus options (note 6(a)) |
AdditionalPaidInCapital
|
$19.08M | USD | Point-in-time |
| Contributed surplus units (note 6(b)) |
ContributedSurplusUnits
|
$1.49M | USD | Point-in-time |
| Contributed surplus units (note 6(b)) |
ContributedSurplusUnits
|
$1.42M | USD | Point-in-time |
| Deficit |
RetainedEarningsAccumulatedDeficit
|
$-159.14M | USD | Point-in-time |
| Deficit |
RetainedEarningsAccumulatedDeficit
|
$-154.81M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$25.66M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$23.64M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$32.20M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$29.80M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$61.87M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$54.66M | USD | Point-in-time |
Income Statement
28 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Amortization |
DepreciationAndAmortization
|
$41.00K | USD | 1 Quarter |
| Amortization |
DepreciationAndAmortization
|
$37.00K | USD | 1 Quarter |
| Foreign exchange gain |
ForeignCurrencyTransactionGainLossBeforeTax
|
$34.00K | USD | 1 Quarter |
| Foreign exchange gain |
ForeignCurrencyTransactionGainLossBeforeTax
|
$63.00K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$492.00K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$345.00K | USD | 1 Quarter |
| Investor relations |
BusinessDevelopment
|
$64.00K | USD | 1 Quarter |
| Investor relations |
BusinessDevelopment
|
$117.00K | USD | 1 Quarter |
| Mineral properties expense (note 4(d)) |
MineralPropertyExpense
|
$1.13M | USD | 1 Quarter |
| Mineral properties expense (note 4(d)) |
MineralPropertyExpense
|
$1.53M | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$91.00K | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$159.00K | USD | 1 Quarter |
| Salaries |
SalariesAndWages
|
$281.00K | USD | 1 Quarter |
| Salaries |
SalariesAndWages
|
$229.00K | USD | 1 Quarter |
| Salaries stock-based compensation |
AllocatedShareBasedCompensationExpense
|
$1.94M | USD | 1 Quarter |
| Salaries stock-based compensation |
AllocatedShareBasedCompensationExpense
|
$922.00K | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$2.83M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$4.46M | USD | 1 Quarter |
| Loss on held for trading investments |
TradingSecuritiesRealizedGainLoss
|
- | USD | 1 Quarter |
| Loss on held for trading investments |
TradingSecuritiesRealizedGainLoss
|
$-135.00K | USD | 1 Quarter |
| Interest and other income |
InterestIncomeExpenseNet
|
$122.00K | USD | 1 Quarter |
| Interest and other income |
InterestIncomeExpenseNet
|
$17.00K | USD | 1 Quarter |
| Loss and comprehensive loss for the period |
NetIncomeLoss
|
$-2.95M | USD | 1 Quarter |
| Loss and comprehensive loss for the period |
NetIncomeLoss
|
$-4.34M | USD | 1 Quarter |
| Basic and diluted loss per common share |
EarningsPerShareBasicAndDiluted
|
$0.03 | USD | 1 Quarter |
| Basic and diluted loss per common share |
EarningsPerShareBasicAndDiluted
|
$0.03 | USD | 1 Quarter |
| Weighted average number of common shares outstanding |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
106.27M | shares | 1 Quarter |
| Weighted average number of common shares outstanding |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
131.92M | shares | 1 Quarter |
Cash Flow Statement
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loss for the period |
NetIncomeLoss
|
$-2.95M | USD | 1 Quarter |
| Loss for the period |
NetIncomeLoss
|
$-4.34M | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$37.00K | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$41.00K | USD | 1 Quarter |
| Loss on held for trading investments |
MarketableSecuritiesGainLoss
|
$-135.00K | USD | 1 Quarter |
| Loss on held for trading investments |
MarketableSecuritiesGainLoss
|
- | USD | 1 Quarter |
| Unrealized foreign exchange loss (gain) |
ForeignCurrencyTransactionGainLossUnrealized
|
$-5.00K | USD | 1 Quarter |
| Unrealized foreign exchange loss (gain) |
ForeignCurrencyTransactionGainLossUnrealized
|
$88.00K | USD | 1 Quarter |
| Stock-based compensation |
AllocatedShareBasedCompensationExpense
|
$1.94M | USD | 1 Quarter |
| Stock-based compensation |
AllocatedShareBasedCompensationExpense
|
$922.00K | USD | 1 Quarter |
| Decrease (Increase) in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-118.00K | USD | 1 Quarter |
| Decrease (Increase) in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$6.00K | USD | 1 Quarter |
| Decrease (Increase) in deposits and prepaid amounts |
IncreaseDecreaseInPrepaidExpense
|
$280.00K | USD | 1 Quarter |
| Decrease (Increase) in deposits and prepaid amounts |
IncreaseDecreaseInPrepaidExpense
|
$-276.00K | USD | 1 Quarter |
| Decrease in accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-590.00K | USD | 1 Quarter |
| Decrease in accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-2.79M | USD | 1 Quarter |
| Net Cash Provided by (Used in) Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$-4.33M | USD | 1 Quarter |
| Net Cash Provided by (Used in) Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$-3.23M | USD | 1 Quarter |
| Acquisition of plant & equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$6.00K | USD | 1 Quarter |
| Acquisition of plant & equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
- | USD | 1 Quarter |
| Mineral properties funding (note 4 (c)) |
ProceedsFromContributionsFromAffiliates
|
$9.63M | USD | 1 Quarter |
| Mineral properties funding (note 4 (c)) |
ProceedsFromContributionsFromAffiliates
|
$10.20M | USD | 1 Quarter |
| Proceeds from the sale of investments, net of fees |
ProceedsFromIssuanceOfPrivatePlacement
|
$1.43M | USD | 1 Quarter |
| Proceeds from the sale of investments, net of fees |
ProceedsFromIssuanceOfPrivatePlacement
|
- | USD | 1 Quarter |
| Net Cash Provided by (Used in) Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$11.06M | USD | 1 Quarter |
| Net Cash Provided by (Used in) Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$10.20M | USD | 1 Quarter |
| Increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$6.73M | USD | 1 Quarter |
| Increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$6.97M | USD | 1 Quarter |
| Effect of exchange rate on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-5.00K | USD | 1 Quarter |
| Effect of exchange rate on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$25.00K | USD | 1 Quarter |
| Cash and cash equivalents beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$5.39M | USD | Point-in-time |
| Cash and cash equivalents beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$29.95M | USD | Point-in-time |
| Cash and cash equivalents beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$12.15M | USD | Point-in-time |
| Cash and cash equivalents beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$22.99M | USD | Point-in-time |
| Cash and cash equivalents end of period |
CashAndCashEquivalentsAtCarryingValue
|
$5.39M | USD | Point-in-time |
| Cash and cash equivalents end of period |
CashAndCashEquivalentsAtCarryingValue
|
$29.95M | USD | Point-in-time |
| Cash and cash equivalents end of period |
CashAndCashEquivalentsAtCarryingValue
|
$12.15M | USD | Point-in-time |
| Cash and cash equivalents end of period |
CashAndCashEquivalentsAtCarryingValue
|
$22.99M | USD | Point-in-time |
Stockholders Equity
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquity
|
$25.66M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$23.64M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$32.20M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$29.80M | USD | Point-in-time |
| Exercise of options |
StockIssuedDuringPeriodValueStockOptionsExercised
|
- | USD | 1 Quarter |
| Exercise of options |
StockIssuedDuringPeriodValueStockOptionsExercised
|
- | USD | 1 Quarter |
| Restricted Share Units |
VestingOfRestrictedShareUnits
|
- | USD | 1 Quarter |
| Restricted Share Units |
VestingOfRestrictedShareUnits
|
- | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.94M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$922.00K | USD | 1 Quarter |
| Loss for the period |
NetIncomeLoss
|
$-2.95M | USD | 1 Quarter |
| Loss for the period |
NetIncomeLoss
|
$-4.34M | USD | 1 Quarter |
| Ending Balance |
StockholdersEquity
|
$25.66M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$23.64M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$32.20M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$29.80M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.