Auditor's warned us in Y/end report9. Trade and Other Payables and Provisions (cont’d)
(v) During the year ended June 30, 2016, the Company was reassessed for mining tax claims made during the 2012-2014 fiscal years in the province of Quebec. As a result, a $718,541 liability was accrued. During the year ended June 30, 2017, various credits were applied to this balance owing and certain amounts were reassessed again. In connection with this amount owing to Revenu Qubec and to Part XII.6 tax assessed in relation to the 2012 and 2013 flow-through expenditure shortfalls, the Company received on August 18, 2017 a demand for payment of $608,957. Revenu Qubec has indicated that action may be taken to collect this amount owing.