Quarterly report pursuant to Section 13 or 15(d)

WARRANTS (Tables)

v3.8.0.1
WARRANTS (Tables)
9 Months Ended
Dec. 31, 2017
Warrants and Rights Note Disclosure [Abstract]  
Schedule Of Share Based Compensation Stock Purchase Warrants Activity [Table Text Block]
The following is a continuity schedule of the Company’s common share purchase warrants:
 
 
 
Number of
Warrants
 
Weighted-
Average
Exercise Price
($)
 
Outstanding and exercisable, March 31, 2015
 
 
10,823,450
 
 
1.35
 
Issued
 
 
7,225,625
 
 
1.35
 
Exercised
 
 
(148,787)
 
 
(0.80)
 
Outstanding and exercisable, March 31, 2016
 
 
17,900,288
 
 
1.35
 
Exercised
 
 
(262,045)
 
 
(0.80)
 
Outstanding and exercisable, March 31, 2017
 
 
17,638,243
 
 
1.35
 
Exercised
 
 
(5,000,172)
 
 
0.25
 
Dilution warrants issued to $0.80 warrant holders
 
 
83,752
 
 
0.749
 
Dilution warrants issued to $1.40 warrant holders
 
 
941,191
 
 
1.2933
 
Outstanding at December 31, 2017
 
 
13,663,014
 
 
1.241
 
Schedule of Common Share Purchase Warrants Outstanding [Table Text Block]
The following is a summary of common share purchase warrants outstanding after the warrant offer to amend and exercise the additional warrant issue and the re-pricing of the warrants as of December 31, 2017:
 
Exercise
Price ($)
 
Number of
Warrants
 
Expiry Date
 
1.2933
 
 
5,873,289
 
February 26, 2019
 
1.2933
 
 
1,229,040
 
March 27, 2019
 
1.2933
 
 
328,166
 
March 31, 2019
 
1.2933
 
 
2,544,240
 
April 21, 2019
 
1.2933
 
 
1,201,164
 
May 27, 2019
 
1.2933
 
 
1,173,370
 
June 30, 2019
 
0.7490
 
 
1,313,745
 
February 26, 2019
 
 
 
 
13,663,014