XML 74 R55.htm IDEA: XBRL DOCUMENT v3.22.1
CAPITAL STOCK (Narrative) (Details)
12 Months Ended 15 Months Ended
Nov. 10, 2016
USD ($)
shares
Dec. 31, 2021
CAD ($)
CAD_Per_USD
$ / shares
shares
Dec. 31, 2021
USD ($)
CAD_Per_USD
shares
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
shares
Dec. 31, 2019
USD ($)
Fair value of warrants issued     $ 925,737      
Issuance costs related to private placement     77,051 $ (0) $ (0)  
Exercise of options     55,000      
Proceeds from exercise of options     55,000 0 0  
Common shares issued to acquire intangible assets | shares 250,000          
Common shares issued to acquire intangible assets, value $ 192,946          
Share-based expense     $ 133,645 423,538 345,498 $ 345,498
Closing foreign exchange rate | CAD_Per_USD   1.2637 1.2637      
Restricted share units [Member]            
Share-based expense     $ 24,949 0 0  
Description of RSU Plan   The maximum number of common shares made available for issuance pursuant to the RSU Plan shall not exceed 5% of the common shares issued and outstanding and shall not exceed 10% of the common shares issued and outstanding less any common shares reserved for issuance under all other share compensation arrangements. The maximum number of common shares made available for issuance pursuant to the RSU Plan shall not exceed 5% of the common shares issued and outstanding and shall not exceed 10% of the common shares issued and outstanding less any common shares reserved for issuance under all other share compensation arrangements.      
Fair value of unit granted     $ 244,950 0 $ 0  
Description of unit vesting period   vesting period with 33% vesting on October 27, 2022 and 33% every year thereafter vesting period with 33% vesting on October 27, 2022 and 33% every year thereafter      
Deferred Share Units [Member]            
Description of DSU Plan   Pursuant to the DSU Plan, non-employee directors may elect to receive deferred share units ("DSUs") in lieu of a cash payment of up to 50% of their annual base compensation determined by the Board. The maximum number of common shares made available for issuance pursuant to the DSU Plan shall not exceed 2% of the common shares issued and outstanding and shall not exceed 10% of the common shares issued and outstanding less any common shares reserved for issuance under all other share compensation agreements. Pursuant to the DSU Plan, non-employee directors may elect to receive deferred share units ("DSUs") in lieu of a cash payment of up to 50% of their annual base compensation determined by the Board. The maximum number of common shares made available for issuance pursuant to the DSU Plan shall not exceed 2% of the common shares issued and outstanding and shall not exceed 10% of the common shares issued and outstanding less any common shares reserved for issuance under all other share compensation agreements.      
Private Placements [Member]            
Number of units issued in private placement | shares   7,000,000 7,000,000      
Equity issuance price per unit | $ / shares   $ 0.91        
Gross proceeds of units issued in private placement   $ 6,370,000 $ 4,922,510      
Description of each unit consists   Each unit consists of one common share and one-half share purchase warrant expiring two years from the date of issue. Each whole warrant entitles the holder thereof to acquire one common share at a price of $1.15 CAD in year one and $1.30 CAD in year two Each unit consists of one common share and one-half share purchase warrant expiring two years from the date of issue. Each whole warrant entitles the holder thereof to acquire one common share at a price of $1.15 CAD in year one and $1.30 CAD in year two      
Fair value of warrants issued     $ 925,737      
Gross proceeds of units issued in private placement subtracting value of derivative warrant liability     3,996,773      
Issuance costs related to private placement     409,712      
Unit issue related cost     $ 77,051      
Year One [Member] | Private Placements [Member]            
Weighted average share price | $ / shares   $ 1.15        
Year Two [Member] | Private Placements [Member]            
Weighted average share price | $ / shares   $ 1.30        
Class A, convertible, voting, preferred shares [Member]            
Number of shares authorised | shares   5,000,000 5,000,000      
Capital Stock [Member]            
Exercise of options (Shares) | shares   150,000 150,000   150,000  
Exercise of options     $ 92,385      
Proceeds from exercise of options         $ 55,000  
Reserves [Member]            
Exercise of options     (37,385)   37,385  
Share-based expense     $ 133,645 $ 423,538   $ 345,498
Stock Options [Member]            
Description of stock option plan   Under the Plan, the Company is authorized to issue options to purchase an aggregate of up to 10% of the Company's issued and outstanding common shares Under the Plan, the Company is authorized to issue options to purchase an aggregate of up to 10% of the Company's issued and outstanding common shares      
Weighted average remaining contractual life of outstanding share options   2 years 2 months 19 days 2 years 2 months 19 days 2 years 6 months 7 days    
Share-based expense     $ 108,696 $ 423,538 $ 345,498  
Warrants [Member]            
Warrants remaining maturity   1 year 2 months 1 day 1 year 2 months 1 day