Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Details 6)

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Stockholders' Equity (Details 6) - Warrants [Member]
9 Months Ended
Mar. 31, 2017
shares
Number of Warrants [Abstract]  
Beginning Balance 4,612,627
2013 Investor Warrants (65,077) [1]
Valent warrants (125,000) [2]
2015 Investor Warrants (48,750) [3]
2015 Agent Warrants (1,680) [4]
Warrants issued for services 41,400 [5]
Closing balance 4,413,520
[1] 2013 Investor Warrants were exercised at $3.144 per share for cash proceeds of $204,659.
[2] Warrants issued to Valent (note 4) were exercised at $1.54 (CDN $2.00) per share for cash proceeds of $192,075.
[3] 2015 Investor Warrants were exercised at $3.00 per share for cash proceeds of $146,250.
[4] 680 of the 2015 Agent Warrants were exercised at $3.00 per share for cash proceeds of $2,040 and 1,000 of the 2015 Agent Warrants were exercised on a cashless basis for 594 shares of common stock.
[5] Warrants were issued on February 27, 2017 and are exercisable at $5.93 until they expire on February 27, 2020. They vest pro rata over six months from February 27, 2017 and are exercisable commencing 180 days from the date of issuance.