XML 42 R29.htm IDEA: XBRL DOCUMENT v3.22.2
NOTE 24 SUPPLEMENTAL DISCLOSURE WITH RESPECT TO CASH FLOWS
 12 Months Ended
Dec. 31, 2020
NOTE 24 SUPPLEMENTAL DISCLOSURE WITH RESPECT TO CASH FLOWS  
SUPPLEMENTAL DISCLOSURE WITH RESPECT TO CASH FLOWS

24. SUPPLEMENTAL DISCLOSURE WITH RESPECT TO CASH FLOWS

 

Significant non-cash transactions were as follows:

 

 

 

 

 

Years ended December 31,

 

 

 

Note

 

 

2020

 

 

2019

 

 

2018

 

 

 

 

 

 $

 

 

$

 

 

$

 

Shares issued for acquisition of Sun Valley

 

 

5,20(b)

 

 

-

 

 

 

3,047,682

 

 

 

-

 

Stock options granted for acquisition of Kai Medical

 

 

6

 

 

 

10,025

 

 

 

-

 

 

 

-

 

Warrants issued for acquisition of Kai Medical

 

 

6

 

 

 

10,025

 

 

 

-

 

 

 

-

 

Cash payable for the acquisition of LP&A

 

 

7

 

 

 

58,907

 

 

 

-

 

 

 

-

 

Stock options granted for acquisition of LP&A

 

 

7

 

 

 

344,110

 

 

 

-

 

 

 

-

 

Shares issued for acquisition of LP&A

 

 

7,20(b)

 

 

1,147,925

 

 

 

-

 

 

 

-

 

Share-based payments

 

 

 

 

 

 

323,799

 

 

 

608,944

 

 

 

892,417

 

Shares issues for compensation

 

 

20(b),26

 

 

-

 

 

 

304,721

 

 

 

-

 

Shares returned to treasury (1)

 

 

20(b),26

 

 

-

 

 

 

(477,180)

 

 

-

 

Shares returned to treasury (2)

 

 

20(b)

 

 

-

 

 

 

(477,180)

 

 

-

 

Shares issued on debt settlement

 

 

20(b)

 

 

219,150

 

 

 

184,291

 

 

 

-

 

Shares issued as settlement of convertible debenture

 

 

17,20(b)

 

 

621,353

 

 

 

189,735

 

 

 

-

 

Shares issued as settlement of accounts payable

 

 

20(b)

 

 

-

 

 

 

483,098

 

 

 

-

 

Warrants issued to agents

 

 

20(d)

 

 

49,782

 

 

 

66,405

 

 

 

-

 

Shares issued for services(3)

 

 

20(b)

 

 

547,641

 

 

 

122,932

 

 

 

-

 

Shares issued to agents

 

 

20(b)

 

 

-

 

 

 

20,255

 

 

 

-

 

Vesting of escrow shares(4)

 

 

17

 

 

 

193,025

 

 

 

-

 

 

 

-

 

Conversion of convertible debt to share purchase warrants

 

 

14,16

 

 

 

-

 

 

 

-

 

 

 

1,292,265

 

Shares issued to marketing services company

 

 

20(b)

 

 

-

 

 

 

-

 

 

 

477,180

 

Shares issued to former CEO

 

 

20(b),26

 

 

-

 

 

 

-

 

 

 

477,180

 

Conversion of notes payable into units

 

 

11

 

 

 

-

 

 

 

-

 

 

 

114,567

 

 

 

 

 

 

 

 

3,525,742

 

 

 

4,073,703

 

 

 

3,253,609

 

 

(1) Pursuant to the termination agreement with the former CEO, the Company cancelled 2,651,875 common shares of which 651,875 were incorrectly cancelled and reissued on March 11, 2020.

(2) The common shares were reacquired and cancelled as the Company cancelled the marketing services agreement, pursuant to which the common shares and warrants were originally issued, due to non-performance of services by the marketing company.

(3) The fair value of shares issued for services of $547,641 is contained within advertising and promotion expense (note 21).

(4) The fair value of shares issued for vesting of escrow shares of $193,025 is contained within legal and professional fees.

 

Income tax payments for the year ended December 31, 2020 were $nil (2019 - $nil, 2018 - $nil). As at December 31, 2020, the Company has accrued $350,000 in late tax filing penalties related to income taxes in the United States.