Quarterly report pursuant to Section 13 or 15(d)

Derivative Liability (Tables)

v3.6.0.2
Derivative Liability (Tables)
6 Months Ended
Dec. 31, 2016
Derivative Liability [Abstract]  
Schedule of derivative liabilities
      Three months ended  
      December 31,  
      2016     2015  
      $     $  
               
  Opening balance     590,345       2,954,986  
  Change in fair value of warrants     (361,668 )     680,188  
  Change in fair value due to change in warrant terms     -       242,400  
  Reclassification to equity upon amendment of warrants     -       (2,277,550 )
  Reclassification to equity upon exercise of warrants     (57,466 )     (247,440 )
                   
  Closing balance     171,211       1,352,584  

 

      Six months ended  
      December 31,  
      2016     2015  
      $     $  
               
  Opening balance     693,700       2,364,381  
  Change in fair value of warrants     (221,074 )     1,219,634  
  Change in fair value due to change in warrant terms     -       263,965  
  Reclassification to equity upon amendment of warrants     (53,006 )     (2,277,550 )
  Issuance of 2015 Agent Warrants     -       29,594  
  Reclassification to equity upon exercise of warrants     (248,409 )     (247,440 )
                   
  Closing balance     171,211       1,352,584