Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Condensed Unaudited Consolidated Statements of Financial Position

v3.19.3
Condensed Unaudited Consolidated Statements of Financial Position - CAD ($)
Sep. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 16,225,503 $ 18,926,933
Receivables 387,131 1,190,689
Prepaid expenses 6,228,244 2,268,776
Inventory 864,816 420,737
Current assets 23,705,694 22,807,135
Non-current assets    
Restricted cash 109,665 110,707
Plant and equipment 10,172,987 5,323,766
Goodwill and other intangible assets 1,240,381 1,239,123
TOTAL ASSETS 35,228,727 29,480,731
Current liabilities    
Trade payables and accrued liabilities 1,185,978 1,262,861
Customer deposits 436,499 303,076
Construction contract liability 63,540 99,707
Shareholder loan 3,115 6,230
Deferred income tax 93,725 149,794
Current portion of lease liabilities 633,883  
Total Current Liabilities 2,416,740 1,821,668
Non-current liabilities    
Derivative liability [1] 7,558,659 4,752,875
Lease liabilities 1,000,852  
TOTAL LIABILITIES 10,976,251 6,574,543
EQUITY    
Share capital 66,504,106 46,622,299
Deficit (54,055,821) (31,373,697)
Reserves 11,804,191 7,657,586
TOTAL EQUITY 24,252,476 22,906,188
TOTAL LIABILITIES AND EQUITY $ 35,228,727 $ 29,480,731
[1] Footnote: The warrant derivative liability is valued at fair value in accordance with International Financial Reporting Standards (“IFRS”). There are no circumstances in which the Company would be required to pay cash upon exercise or expiry of the warrants. See Note 10.