PRIME ACQUISITION CORP | CIK:0001485922 | 3

  • Filed: 5/2/2018
  • Entity registrant name: PRIME ACQUISITION CORP (CIK: 0001485922)
  • Generator: Novaworks Software
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1485922/000168316818001159/0001683168-18-001159-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1485922/000168316818001159/pacqf-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001485922
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  • ifrs-full:DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory

    Financial instruments measured at fair value

        Fair value measurements at December 31, 2017 using  
        Level 1     Level 2     Level 3  
    Financial liabilities                        
    Derivative financial liabilities – convertible promissory notes   $ –     $ 1,859,700     $ –  

     

        Fair value measurements at December 31, 2016 using  
        Level 1     Level 2     Level 3  
    Financial liabilities                        
    Derivative financial liabilities – convertible promissory notes   $ –     $ 794,235     $ –  

     

        Fair value measurements at December 31, 2015 using  
        Level 1     Level 2     Level 3  
    Financial liabilities   $       $       $    
    Derivative financial liabilities – convertible promissory notes     –       2,568,188       –  
    Derivative financial liabilities – interest rate swap agreement     –       165,648       –  
    Total financial liabilities   $ –     $ 2,733,836     $ –