Annual report pursuant to Section 13 and 15(d)

Note 13 - Capital and Other Components of Equity (Tables)

v3.20.2
Note 13 - Capital and Other Components of Equity (Tables)
 12 Months Ended
Mar. 31, 2020
Notes Tables  
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
 %
Schedule of Stock Issued for Accrued Interest on Debt [Table Text Block]
 
Accrued interest as at
 
Share issuance date
 
Number of shares
Amount
CAD $
       
March 31, 2017
April 7, 2017
9,496
17
June 30, 2017
August 15, 2017
23,885
40
September 30, 2017
December 27, 2017
22,783
40
December 31, 2017
March 27, 2018
33,605
40
March 31, 2018
June 6, 2018
30,348
40
June 30, 2018
August 21, 2018
51,807
40
September 30, 2018
October 31, 2018
23,723
40
 
 
195,647
257
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]
    March 31, 2020     March 31, 2019  
    Number
outstanding		    
 
Amount
     Number
outstanding		    
 
Amount
  
          $           $  
Liability                                
May 2018 public offering warrants 2018 (i)    
6,593,750
      
1,146
      
10,188,100
      
6,178
  
Series December 2017 U.S. public offering warrants 2017 (ii)    
7,072,962
      
1,247
      
9,801,861
      
6,005
  
     
13,666,712
      
2,393
      
19,989,961
      
12, 183
  
Equity                                
Public offering warrants                                
Public offering broker warrants May 2018 (iii)    
222,976
      
89
      
547,975
      
219
  
Public offering U.S. broker warrants December 2017 (iv)    
259,121
      
161
      
495,050
      
308
  
Public offering warrants February 2017 (v)    
1,723,934
      
631
      
1,904,034
      
697
  
Private Placement- contingent warrants                                
2017 unsecured convertible debenture conversion option and contingent warrants (vi)    
-
      
-
      
1,052,630
      
235
  
     
2,206,031
      
881
      
3,999,689
      
1,459
  
Schedule of Stockholders' Equity Note, Warrants or Rights Exercised [Table Text Block]
   
Number
exercised
    
Proceeds
$
  
May 2018 over-allotment Warrants 2018    
3,594,350
      
3,567
  
Series December 2017 US Public offering Warrants 2017    
2,676,611
      
3,373
  
Public offering warrants February 2017    
180,100
      
292
  
Public offering Broker warrants May 2018    
325,000
      
257
  
Contingent warrants private placement 2017    
150,000
      
217
  
     
6,926,061
      
7,706
  
Broker Warrants Issued December 2017 [Member]  
Notes Tables  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
    April 1,
2018		  
Exercise price   $
1.2625
  
Share price   $
1.02
  
Risk-free interest    
2.56
 %
Remaining Contractual life (years)    
4.75
  
Expected volatility    
95.16
 %
Warrants Issued December 27, 2017 [Member]  
Notes Tables  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
    December 27,
2017		  
Exercise price   $
1.26
  
Share price   $
0.97
  
Risk-free interest    
2.22
 %
Contractual life (years)    
5
  
Expected volatility    
93.52
 %
Broker Warrants Issued May 2018 [Member]  
Notes Tables  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
    May 2018
CAD		  
Exercise price   $
1.05
  
Share price   $
0.81
  
Risk-free interest    
2.20
  
Contractual life (years)    
5
  
Expected volatility    
87.40
 %
Warrants Issued in May 2018 [Member]  
Notes Tables  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
    May 2018
CAD		  
Exercise price   $
1.31
  
Share price   $
0.82
  
Risk-free interest    
2.21
 %
Contractual life (years)    
5
  
Expected volatility    
87.40
 %