Quarterly report pursuant to Section 13 or 15(d)

Consolidated Condensed Interim Balance Sheets (Unaudited)

v3.19.1
Consolidated Condensed Interim Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2019
Jun. 30, 2018
Current assets    
Cash and cash equivalents $ 2,152,233 $ 5,971,995
Prepaid expenses and deposits 240,071 1,034,930
Interest, taxes and other receivables 9,086 39,519
Deferred financing costs 40,873
Current assets 2,442,263 7,046,444
Intangible assets - net 14,863 28,411
Total Assets 2,457,126 7,074,855
Current liabilities    
Accounts payable and accrued liabilities 1,084,460 1,478,086
Related party payables 113,240 160,429
Current liabilities 1,197,700 1,638,515
Derivative liability 265 1,117
Total Liabilities 1,197,965 1,639,632
Stockholders’ equity    
1 special voting share at March 31, 2019 (June 30, 2018 - 1)
Common stock Authorized 7,000,000 shares (June 30, 2018 - 7,000,000), $0.001 par value 2,620,033 issued at March 31, 2019 (June 30, 2018 - 2,296,667) 2,620 2,297
Additional paid-in capital 47,022,252 43,198,193
Warrants 6,055,319 8,229,482
Accumulated deficit (57,988,567) (52,441,337)
Accumulated other comprehensive income 21,178 21,178
Stockholders' equity, total 1,259,161 5,435,223
Total Liabilities and equity 2,457,126 7,074,855
Series A Preferred Stock    
Stockholders’ equity    
Preferred stock, value 278,530 278,530
Series B Preferred Stock    
Stockholders’ equity    
Preferred stock, value $ 5,867,829 $ 6,146,880