Quarterly report pursuant to Section 13 or 15(d)

Consolidated Condensed Interim Statements of Cash Flows (Unaudited)

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Consolidated Condensed Interim Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities    
Loss for the period $ (5,465,486) $ (8,761,061)
Items not affecting cash    
Amortization of intangible assets 13,548 17,869
Change in fair value of derivative liability (852) (57,839)
Shares issued for services 10,269 4,821
Warrants issued for services 36,534 155,204
Stock option expense 355,388 430,673
Performance stock unit expense 183,205
Changes in non-cash working capital    
Interest, taxes and other receivables 30,433 14,578
Prepaid expenses and deposits 794,859 135,293
Accounts payable and accrued liabilities (425,383) 708,634
Related party payables (47,189) 33,816
Net cash flows from operating activities (4,514,674) (7,318,012)
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
Net proceeds from the exercise and exchange of warrants 726,179 312,500
Series A preferred cash dividend (6,267) (6,267)
Deferred financing costs (25,000)
Net cash flows from financing activities 694,912 9,251,569
(Decrease) increase in cash and cash equivalents (3,819,762) 1,920,908
Cash and cash equivalents - beginning of period 5,971,995 6,586,014
Cash and cash equivalents - end of period $ 2,152,233 $ 8,506,922