Quarterly report pursuant to Section 13 or 15(d)

Consolidated Condensed Interim Statement of Cash Flows (Unaudited)

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Consolidated Condensed Interim Statement of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities    
Loss for the period $ (5,828,004) $ (3,612,312)
Items not affecting cash    
Amortization of intangible assets 11,210 7,716
Change in fair value of stock option and derivative liabilities (55,679) (135,980)
Shares issued for services 564,000
Warrants issued for services (1,481) 50,244
Stock option expense (income) 293,377 (43,384)
Changes in non-cash working capital    
Taxes and other receivables 51,928 399
Prepaid expenses 67,321 13,341
Accounts payable and accrued liabilities 646,825 (68,369)
Related party payables 308,899 161,937
Net cash flows from operating activities (4,505,604) (3,062,408)
Cash flows from financing activities    
Net proceeds from the issuance of shares and warrants 8,945,336
Proceeds from the exercise of warrants 326,699
Series A preferred stock dividend (4,178) (4,178)
Net cash flows from financing activities 8,941,158 322,521
Increase (decrease) in cash 4,435,554 (2,739,887)
Cash - beginning of period 6,586,014 6,157,264
Cash - end of period $ 11,021,568 $ 3,417,377