Share Capital
The Company is authorized to issue an unlimited number of common shares.
|
| | | | |
| Number of Common Shares |
| $ |
|
Balances, January 1, 2016 | 50,994,397 |
| 1,274,472 |
|
Exercise of stock options | 12,500 |
| 173 |
|
Vesting of RSUs | 82,659 |
| 2,530 |
|
Balances, December 31, 2016 | 51,089,556 |
| 1,277,175 |
|
| | |
Vesting of RSUs | 193,345 |
| 5,908 |
|
Balances, December 31, 2017 | 51,282,901 |
| 1,283,083 |
|
The Company did not declare any dividends during the year ended December 31, 2017 (2016 - $7,652; 2015 - $11,720). On August 12, 2016, the Company announced the suspension of its quarterly dividend payments.
