8.	COMMON STOCK

Common Stock Issued and Outstanding

As of June 30, 2017, the Company had outstanding 229,374,605 shares of common stock.

Warrants

On November 23, 2016, warrants to acquire up to 52,155,221 common shares of the Company, expired unexercised. As of June 30, 2017, the Company had no outstanding warrants.

The following is a summary of warrant activity for the period ended June 30, 2017:

	Number of Warrants			Weighted Average Exercise Price		Intrinsic Value

Balance, September 30, 2016		52,155,221		$	0.105	$	–
Expired at November 23, 2016		(52,155,221	)		0.105		–
Balance, June 30, 2017		–		$	–	$	–

Outstanding Warrants, June 30, 2017		–		$	–	$	–

There were no warrants outstanding as of June 30, 2017 (September 30, 2016 – there were 52,155,221 warrants outstanding, which had a historical fair market value of $3,153,216).