Warrants

3 Months Ended

Mar. 31, 2019

Warrants and Rights Note Disclosure [Abstract]

Warrants

13. Warrants

A continuity of the Company’s outstanding share purchase warrants for the three months ended March 31, 2019 is presented below:

	Number of warrants		Weighted average exercise price
Outstanding, December 31, 2018		17,498,532	$	0.25
Issued		206,250		0.30
Outstanding, March 31, 2019		17,704,782	$	0.25

At March 31, 2019, the Company had the following outstanding share purchase warrants:

Number	Exercise Price		Expiry Date
1,650,000	$	0.30	January 30, 2020
700,000		0.30	February 9, 2020
500,000		0.30	February 21, 2020
1,675,000		0.30	March 7, 2020
50,000		0.30	April 8, 2020
50,000		0.30	May 20, 2020
1,000,000		0.30	July 1, 2020
350,000		0.30	August 19, 2020
160,531		0.30	August 20, 2020
4,538,000		0.30	October 26, 2020
1,125,000		0.30	November 7, 2020
200,001		0.30	November 23, 2020
5,500,000		0.15	November 30, 2020
206,250		0.30	February 15, 2021
17,704,782

The weighted average remaining contractual life of outstanding warrants is 1.41 years (December 31, 2018: 1.65).