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
%