Quarterly report pursuant to Section 13 or 15(d)

Share Purchase Warrants

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Share Purchase Warrants
9 Months Ended
Dec. 31, 2018
Share Purchase Warrants [Abstract]  
Share Purchase Warrants
11. Share Purchase Warrants

 

      Number of
warrants
    Weighted average exercise price
$
 
               
  Balance, March 31, 2018     1,500,000       1.00  
                   
  Issued     1,957,333       2.50  
  Exercised     (500,000 )     1.00  
                   
  Balance, December 31, 2018     2,957,333       1.99  

 

As at December 31, 2018, the following share purchase warrants were outstanding:

 

  Number of warrants outstanding   Exercise price
$
  Expiry date
           
  1,000,000   1.00   November 23, 2019
  1,957,333   2.50   July 1, 2020
           
  2,957,333