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 ($)
9 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities    
Loss for the period $ (8,761,061) $ (5,480,772)
Items not affecting cash    
Amortization of intangible assets 17,869 11,574
Change in fair value of stock option and derivative liabilities (57,839) (58,501)
Shares issued for services 4,821 564,000
Warrants issued for services 155,204 80,421
Stock option expense 430,673 106,571
Changes in non-cash working capital    
Interest, taxes and other receivables 14,578 (52,174)
Prepaid expenses 135,293 24,355
Accounts payable and accrued liabilities 708,634 207,803
Related party payables 33,816 26,815
Net cash flows from operating activities (7,318,012) (4,569,908)
Cash flows from investing activities    
Intangible assets - website development costs (12,649)
Net cash flows from investing activities (12,649)
Cash flows from financing activities    
Net proceeds from the issuance of shares and warrants 8,945,336
Proceeds from the exercise of warrants 312,500 545,022
Series A preferred stock dividend (6,267) (6,267)
Deferred costs (25,705)
Net cash flows from financing activities 9,251,569 513,050
Increase (decrease) in cash and cash equivalents 1,920,908 (4,056,858)
Cash and cash equivalents - beginning of period 6,586,014 6,157,264
Cash and cash equivalents - end of period $ 8,506,922 $ 2,100,406