Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheet

v3.7.0.1
Consolidated Balance Sheet - USD ($)
Jun. 30, 2017
Jun. 30, 2016
Current assets    
Cash $ 6,586,014 $ 6,157,264
Prepaid expenses and deposits 1,208,122 144,131
Taxes and other receivables 76,595 18,387
Assets current 7,870,731 6,319,782
Intangible assets - net 40,290 36,017
Total assets 7,911,021 6,355,799
Current liabilities    
Accounts payable and accrued liabilities 1,182,312 584,002
Related party payables 88,957 43,444
Current portion of derivative liability 33,091
Liabilities current 1,304,360 627,446
Stock option liability 175,875
Derivative liability 28,137 693,700
Total liabilities 1,332,497 1,497,021
Stockholders' accumulated equity    
1 special voting share at June 30, 2017 (June 30, 2016 - 1)
Common stock Authorized 50,000,000 shares, $0.001 par value 14,509,633 issued at June 30, 2017 (June 30, 2016 - 11,187,023) 14,510 11,187
Additional paid-in capital 36,665,285 28,833,105
Warrants 4,570,574 1,658,382
Accumulated deficit (41,118,433) (32,237,859)
Accumulated other comprehensive income 21,178 21,178
Stockholders' equity, total 6,578,524 4,858,778
Liabilities and equity 7,911,021 6,355,799
Series A Preferred Stock    
Stockholders' accumulated equity    
Preferred stock, value 278,530 278,530
Series B Preferred Stock    
Stockholders' accumulated equity    
Preferred stock, value $ 6,146,880 $ 6,294,255