Quarterly report pursuant to Section 13 or 15(d)

Stock Options (Tables)

v3.19.2
Stock Options (Tables)
3 Months Ended
Jun. 30, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of continuity of stock options

    Number of
options
    Weighted average exercise price
$
    Weighted average remaining contractual life (years)     Aggregate intrinsic value
$
 
                         
Balance, March 31, 2018     537,500       0.01       0.7       478,375  
                                 
Granted     3,065,000       1.59                  
Exercised     (150,000 )     0.01                  
Balance, March 31, 2019     3,452,500       1.41       2.3       5,481,125  
                                 
Granted     50,000       1.86       2.5          
                                 
Balance, June 30, 2019     3,502,500       1.43       2.1       8,140,000  
Schedule of additional information regarding stock options outstanding

Exercisable     Unvested  
Number of shares     Weighted average remaining contractual
life (years)
    Range of
Exercise price
$
    Number of shares     Weighted Average
Exercise price
$
 
                           
  537,500       0.7       0.01                  
  2,915,000       2.7       1.70       50,000       1.86  
                                     
  3,452,500                       50,000          
Summary of fair values estimated using the black-scholes option pricing model

    Three months ended
June 30,
2019
 
       
Risk-free interest rate     2.48 %
Expected life (in years)     2.5  
Expected volatility     190 %