XML 19 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
9 Months Ended
Sep. 30, 2013
FAIR VALUE OF FINANCIAL INSTRUMENTS  
Schedule of fair value of financial instruments

 

 

 

 

Fair value as at September 30, 2013

 

 

 

Level 1

 

Level 2

 

Financial assets:

 

 

 

 

 

Marketable securities

 

$

75,839

 

$

 

Total

 

$

75,839

 

$

 

Financial liabilities:

 

 

 

 

 

Derivative liability (note 5)

 

$

 

$

16,700,000

 

Total

 

$

 

$

16,700,000

 

 

 

 

Fair value as at December 31, 2012

 

 

 

Level 1

 

Level 2

 

Financial assets:

 

 

 

 

 

Marketable securities

 

$

180,415

 

$

 

Total

 

$

180,415

 

$

 

Financial liabilities:

 

 

 

 

 

Derivative liability (note 5)

 

$

 

$

22,400,000

 

Total

 

$

 

$

22,400,000