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Share Capital (Tables)
12 Months Ended
Apr. 30, 2018
Summary of Outstanding Share Price Warrants

A summary of the Company’s outstanding share purchase warrants at April 30, 2018 and 2017 and the changes during the year ended is presented below:

 

     Number of
warrants
     Weighted
average
exercise price
 

Outstanding at April 30, 2016

     139,284      $ 1.20  

Warrants expired

     (139,284      1.20  
  

 

 

    

 

 

 

Outstanding at April 30, 2017

     —          —    

Warrants issued

     250,000        0.30  
  

 

 

    

 

 

 

Outstanding at April 30, 2018

     250,000      $ 0.30  
  

 

 

    

 

 

 

A summary of the Company’s outstanding share purchase warrants is presented below:

 

Number of

Warrants

   Exercise
Price
     Expiry Date  

250,000

   $ 0.30        March 7, 2022  
  

 

 

    

 

 

 
Summary of Changes In Options

The following is a summary of changes in options for the years ending April 30, 2018 and 2017:

 

     Number of
Shares
     Weighted Average
Exercise Price
 

Balance at April 30, 2016

     2,846,250      $ 1.07  

Forfeited/expired

     (1,497,500      1.23  
  

 

 

    

 

 

 

Balance at April 30, 2017

     1,348,750        0.90  

Forfeited

     (400,000      0.94  
  

 

 

    

 

 

 

Outstanding and Exercisable at April 30, 2018

     948,750      $ 0.88  
  

 

 

    

 

 

 
Summary of Outstanding And Exercisable Options

The following is a summary of the Company’s outstanding and exercisable options at April 30, 2018:

 

Number

Outstanding

     Weighted
Average
Exercise Price
     Weighted
Average Life
 
  50,000      $ 1.00        0.37  
  50,000      $ 0.80        0.31  
  50,000      $ 0.92        0.35  
  798,750      $ 0.88        0.71  

 

 

    

 

 

    

 

 

 
  948,750      $ 0.88        0.65  

 

 

    

 

 

    

 

 

 
DSU [member]  
Summary of RSU And DSU Plan

The DSU share plan transactions during the period were as follows:

 

     Number of Share
Units
 

Outstanding at April 30, 2016

     —    

Granted

     760,000  

Exercised

     (20,000

Cancelled

     (140,000
  

 

 

 

Outstanding at April 30, 2017

     600,000  

Granted

     410,000  
  

 

 

 

Outstanding at April 30, 2018

     1,010,000  
  

 

 

 
RSU [member]  
Summary of RSU And DSU Plan

The RSU share plan transactions during the period were as follows:

 

     Number of Share
Units
 

Outstanding at April 30, 2016

     —    

Granted

     961,000  

Cancelled

     (204,000
  

 

 

 

Outstanding at April 30, 2017

     757,000  

Granted

     705,000  

Exercised

     (178,750

Cancelled

     (42,000
  

 

 

 

Outstanding at April 30, 2018

     1,241,250