Pretivm Records Solid Third Quarter 2021
Retrieved on:
Thursday, November 11, 2021
Arrangement, Tax, Industry, International Financial Reporting Standards, Security (finance), Insurance, Growth, COVID-19, First Nations, Policy, Ministry of Oil and Mineral Reserves (Syria), Acquisition, Disclosure, Disease, E&E, Transaction, Life, Gold, Legislation, Safety, Climate change, Method, Recurrence, Geology, Ownership, Information, Failure, Transport, SEDAR, International, NI, Resource management, TSX, Mining, The Lady in Red (Chris de Burgh song), Mineral, Compliance, Canadian Securities Administrators, Private Securities Litigation Reform Act, Term Asset-Backed Securities Loan Facility, Kings, Health, Silver, Sale, Valley, SEC, Adoption, News, Long-tailed marmot, IFRS, Workforce, Carbon, Company, EDGAR, NYSE, Risk management
We adopted a voluntary change in our accounting policy for E&E expenditures, effective January 1, 2021 applying the change fully retrospectively.
Key Points:
- We adopted a voluntary change in our accounting policy for E&E expenditures, effective January 1, 2021 applying the change fully retrospectively.
- Prior to January 1, 2021, our policy was to capitalize E&E expenditures as E&E assets.
- Refer to Note 2B of the Companys Financial Statements for further details related to accounting policy change.
- Effective January 1, 2021, we changed the definition of adjusted earnings to better reflect what we consider our underlying operations of the business.