Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2016

Fair Value Disclosures [Abstract]

Fair Value, by Balance Sheet Grouping [Table Text Block]

The three levels of the fair value hierarchy are as follows:

Level 1	Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities;
Level 2	Quoted prices in markets that are not active, or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability;
Level 3	Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (supported by little or no market activity).

	September 30, 2016
	Total		Level 1		Level 2		Level 3
Liabilities:
Share purchase warrants – Related Party (Note 7(iii))	$	4,870,193	$	-	$	4,870,193	$	-
Share purchase warrants – (Note 9)		2,165,550		-		2,165,550		-
Derivatives – Hedging instruments (Note 8)		115,395		-		115,395		-
	$	7,151,138	$	-	$	7,151,138	$	-

	December 31, 2015
	Total		Level 1		Level 2		Level 3
Liabilities:
Share purchase warrants – Related Party (Note 7(iii))	$	2,498,269	$	-	$	2,498,269	$	-