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

CONTRIBUTED SURPLUS-WARRANT RESERVE

v3.22.2.2
CONTRIBUTED SURPLUS-WARRANT RESERVE
9 Months Ended
Sep. 30, 2022
Contributed Surplus [Abstract]  
CONTRIBUTED SURPLUS-WARRANT RESERVE

7.CONTRIBUTED SURPLUS-WARRANT RESERVE

The Company issued warrants pursuant to the equity offerings in 2020 and 2021. Each warrant entitled the holder to purchase one common share at a fixed price, these warrants were classified as equity under IAS 32. These equity warrants expire between February 24, 2023 and January 26, 2026 and are not revalued at each reporting period.

As at September 30, 2022, the following equity warrants were outstanding:

Issue Date

Expiry

Date

Exercise

Price

Currency

Number

Issued

Number

Outstanding

$

27-Mar-20

27-Mar-25

0.21

USD

154,350

93,100

06-May-20

06-Nov-25

0.45

USD

125,455

73,343

10-Jun-20

10-Jun-24

1.25

USD

1,260,000

643,387

26-Jan-21

26-Jan-26

1.94

USD

518,234

515,834

26-Jan-21

26-Jan-26

2.00

USD

3,709,677

3,123,377

24-Feb-21

24-Feb-23

3.00

USD

4,792,625

4,792,625

24-Feb-21

24-Feb-23

3.00

USD

670,967

670,967

Balance at September 30, 2022

11,231,308

9,912,633