Quarterly report pursuant to Section 13 or 15(d)

Short-term Investments and amounts in escrow

v3.20.2
Short-term Investments and amounts in escrow
6 Months Ended
Sep. 30, 2020
Disclosure Text Block Supplement [Abstract]  
Short-term Investments and amounts in escrow
3. Short-term Investments and amounts in escrow

At September 30, 2020, the Company has a $56,295 (CAD $75,000) (March 31, 2020 - $53,106) Guaranteed Investment Certificate (“GIC”) held as security against a corporate credit card. The GIC bears interest at 1.25% per annum and matures December 13, 2020.


At September 30, 2020, the Company’s solicitor is holding $222,836 (March 31, 2020 - $664,994) relating to proceeds under customer contracts.