Quarterly report pursuant to Section 13 or 15(d)

Derivative Liability (Tables)

v3.8.0.1
Derivative Liability (Tables)
6 Months Ended
Dec. 31, 2017
Derivative Instruments, Gain (Loss) [Line Items]  
Schedule of derivative liabilities
      Three months ended  
      December 31,  
      2017     2016  
      $     $  
               
  Opening balance     4,660       590,345  
  Change in fair value of warrants     889       (361,668 )
  Reclassification to equity upon exercise of warrants     -       (57,466 )
                   
  Closing balance     5,549       171,211  
  Less current portion     (95 )     -  
                   
  Long term portion     5,454       171,211  

 

      Six months ended  
      December 31,  
      2017     2016  
      $     $  
               
  Opening balance     61,228       693,700  
  Change in fair value of warrants     (55,679 )     (221,074 )
  Reclassification to equity upon amendment of warrants     -       (53,006 )
  Reclassification to equity upon exercise of warrants     -       (248,409 )
                   
  Closing balance     5,549       171,211  
  Less current portion     (95 )     -  
                   
  Long term portion     5,454       171,211  
Warrants [Member]  
Derivative Instruments, Gain (Loss) [Line Items]  
Schedule of derivative liabilities
      December 31, 2017  
      Number of warrants     $  
               
  2013 Investor Warrants     105,129       23  
  Warrants issued for services     43,750       72  
  2015 Agent Warrants     21,768       5,454  
                   
  Closing balance     170,647       5,549  
  Less current portion     (148,879 )     (95 )
                   
  Long-term portion     21,768       5,454