Annual report pursuant to Section 13 and 15(d)

Note 11 - Derivative Warrant Liabilities (Tables)

v3.20.2
Note 11 - Derivative Warrant Liabilities (Tables)
 12 Months Ended
Mar. 31, 2020
Notes Tables  
Schedule of Derivative Liabilities at Fair Value [Table Text Block]
    Warrants issued May 2018     Warrants issued December 27, 2017  
    March 31,
2020		     March 31,
2019		     March 31,
2020		     March 31,
2019		  
    $     $     $     $  
Balance – beginning of year    
6,177
      
-
      
6,005
      
4,987
  
Issued during the year    
-
      
3,323
      
-
      
-
  
Amount transferred to Equity    
(6,072
 )    
(550
 )    
(4,770
 )    
-
  
Change in fair value    
1,115
      
3,579
      
1
      
1,166
  
Translation effect    
(35
 )    
(175
 )    
(28
 )    
(147
 )
                                 
Balance – end of year    
1,185
      
6,177
      
1,208
      
6,006
  
                                 
Fair value per warrant issuable    
0.17
      
0.62
      
0.18
      
0.63
  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
    Warrant liabilities issued May 2018     Warrant liabilities issued December 27, 2017  
   
March 31,
220
$
    
March 31,
219
$
     March 31,
2020
$		     March 31,
2019
$		  
Exercise price  
CAD $1.31
    
CAD $1.31
    
USD $1.26
    
USD $1.26
  
Share price  
CAD $0.53
    
CAD $1.35
    
USD $0.38
    
USD $1.02
  
Risk-free interest    
0.66
 %    
1.52
 %    
0.37
 %    
2.23
 %
Contractual life (years)    
3.11
      
4.11
      
2.74
      
3.75
  
Expected volatility    
107
 %    
94.58
 %    
125.03
 %    
107.57
 %