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Note 12 - Subsequent Events
9 Months Ended
Mar. 31, 2020
Notes to Financial Statements  
Subsequent Events [Text Block]
12.
     SUBSEQUENT EVENTS:
 
The Company has evaluated events that occurred subsequent to
March 31, 2020
for recognition and disclosure in the financial statements and notes to the financial statements.
 
From
April 1, 2020
through
May 6, 2020,
the Company has sold
300,000
Units of its securities at
$0.50
per Unit for aggregate consideration of
$150,000.
Each Unit consists of
one
share of common stock and a callable warrant to purchase
one
share of the Company’s common shares at
$0.75
per share until
December 31, 2021.
 
On
April 28, 2020
the Company was informed that it was approved for an Small Business Administration Paycheck Protection Program loan for
$34,800
and received the funds on
May 7, 2020. 
The Company also received a
$6,000
Economic Injury Disaster Loan on
April 24, 2020.
 
On
May 4, 2020,
the Company granted
1,725,000,
in aggregate,  fully vested options to purchase common shares of the Company at
$0.75
per share (with exercise bonuses of
50%
to
70%
) and expiry dates of
December 31, 2024
to the
8
members of its management, administrative  and technical team (including the Company’s
3
Directors and CEO who were granted
1,250,000
options, in aggregate) .  The Company also granted
70,000
fully vested options to purchase common shares of the Company at
$0.60
per share with expiry dates of
December 31, 2024.
 
On
May 4, 2020,
the Company reduced the exercise price for
3,744,100
options and
6,938,487
warrants outstanding as of
March 31, 2020
which had exercise prices in excess of
$0.75
per share as of
May 4, 2020.