Short-Term Investments and Amounts in Escrow |
3 Months Ended | ||
---|---|---|---|
Jun. 30, 2022 | |||
Short-Term Investments and Amounts in Escrow [Abstract] | |||
Short-term Investments and amounts in escrow |
At June 30, 2022, the Company has a $58,999 (March 31, 2022 - $60,837) Guaranteed Investment Certificate (“GIC”) held as security against a corporate credit card. The GIC bears interest at 0.5% per annum and matures on December 13, 2022.
At June 30, 2022, the Company’s solicitor is holding $2,323,476 (March 31, 2022 - $1,871,486) relating to relating to proceeds under customer contracts to be released upon satisfying performance obligations. |