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

Share capital (Tables)

v3.19.3
Share capital (Tables)
9 Months Ended
Sep. 30, 2019
Share capital  
Schedule of changes in options

 

 

 

 

 

 

 

    

 

    

September 30, 2019

 

 

Number of options

 

Weighted average exercise price

Options outstanding, beginning

 

4,756,174

 

$

2.73

Options granted

 

3,360,000

 

 

3.76

Options exercised

 

(43,760)

 

 

0.80

Options forfeited

 

(121,373)

 

 

8.30

Options cancelled

 

(275,000)

 

 

11.75

Options outstanding, ending

 

7,676,041

 

$

2.19

 

Schedule of details of options outstanding

 

 

 

 

 

 

 

 

 

 

    

Weighted average

    

Number of options

    

Number of options

Exercise price

 

contractual life

 

outstanding

 

exercisable

$

0.30

 

2.70 years

 

2,045,455

 

2,045,455

$

0.30

 

2.87 years

 

308,522

 

308,522

$

0.80

 

3.19 years

 

632,458

 

614,710

$

0.80

 

3.44 years

 

12,500

 

11,197

$

2.00

 

3.73 years

 

12,500

 

10,416

$

2.00

 

4.39 years

 

350,622

 

320,562

$

2.00

 

4.86 years

 

50,000

 

27,087

$

9.60 USD

 

5.27 years

 

199,060

 

100,570

$

6.18 USD

 

5.86 years

 

175,000

 

51,042

$

1.53 USD

 

4.14 years

 

120,000

 

90,000

$

5.00 USD

 

4.17 years

 

409,924

 

409,924

$

3.40 USD

 

6.47 years

 

1,228,182

 

868,182

$

2.62 USD

 

2.74 years

 

700,000

 

 —

$

2.45 USD

 

6.85 years

 

1,250,000

 

208,334

$

2.53 USD

 

6.86 years

 

181,818

 

21,968

 

 

 

4.46 years

 

7,676,041

 

5,087,969

 

Schedule of stock options Black-Scholes option pricing model

 

 

 

 

 

    

Nine months ended September 30, 

 

 

 

2019

 

Expected life of options

 

3 - 5 years

 

Annualized volatility

 

62.29

%

Risk-free interest rate

 

1.25%-1.58

%

Dividend rate

 

 0

%

 

Schedule of changes in warrants

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2019

 

December 31, 2018

 

 

Number of

 

Weighted average

 

Number of

 

Weighted average

 

    

warrants

    

exercise price

    

warrants

    

exercise price

Warrants outstanding, beginning

 

22,369,718

 

$

5.03

 

11,856,857

 

$

4.70

Warrants issued

 

 —

 

 

 —

 

10,807,093

 

 

5.36

Warrants exercised

 

(1,116,323)

 

 

3.82

 

(294,232)

 

 

5.08

Warrants outstanding, ending

 

21,253,395

 

$

4.41

 

22,369,718

 

$

5.03

 

Schedule of details in warrants outstanding

 

 

 

 

 

 

    

Weighted average

    

Number of warrants

Exercise Price

 

contractual life

 

outstanding

Non-Transferable Warrants

 

  

 

  

$0.80 CAD - $16.00 CAD

 

2.06 years

 

11,010,058

$2.00 USD - $24.00 USD

 

3.92 years

 

5,741,969

Transferable Warrants

 

  

 

  

$4.25 USD

 

3.86 years

 

4,501,368