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Share Capital (Tables)
12 Months Ended
Apr. 30, 2020
Disclosure of classes of share capital [line items]  
Summary of Outstanding Share Price Warrants

 

b)

Warrants

A summary of the Company’s outstanding share purchase warrants at April 30, 2020 and April 30, 2019 and the changes during the period ended is presented below:

 

 

 

Number of

warrants

 

 

Weighted

average

exercise

price

 

Outstanding at April 30, 2018

 

 

250,000

 

 

$

0.30

 

Warrants issued

 

 

3,000,000

 

 

 

0.20

 

 

 

 

 

 

 

 

 

 

Outstanding at April 30, 2019 April 30, 2020

 

 

3,250,000

 

 

$

0.21

 

 

During the year ending April 30, 2019, the Company issued 3,000,000 warrants exercisable at $0.20 expiring June 18, 2021. These warrants were issued in conjunction with the issuance of the Bond (see note 11). A summary of the Company’s outstanding share purchase warrants is presented below:

 

Number of

 

Exercise

 

 

 

Warrants

 

Price

 

 

Expiry Date

250,000

 

$

0.30

 

 

March 7, 2022

3,000,000

 

$

0.20

 

 

June 18, 2021

 

Summary of Changes In Options

The following is a summary of changes in options, which are still outstanding, for the periods ending April 30, 2020 and April 30, 2019:

 

 

 

Number of

Shares

 

 

Weighted

Average

Exercise

Price

 

Balance at April 30, 2018

 

 

948,750

 

 

$

0.88

 

Forfeited/expired

 

 

(948,750

)

 

 

0.88

 

 

 

 

 

 

 

 

 

 

Outstanding and Exercisable at April 30, 2019 and April 30, 2020

 

 

-

 

 

$

-

 

RSU [member]  
Disclosure of classes of share capital [line items]  
Summary of RSU And DSU Plan The RSU share plan transactions during the year were as follows:

 

 

 

Units

 

Outstanding at April 30, 2018

 

 

1,241,250

 

Expired

 

 

(58,750

)

Exercised

 

 

(117,500

)

Cancelled

 

 

(33,125

)

 

 

 

 

 

Outstanding at April 30, 2019

 

 

1,031,875

 

Expired

 

 

(701,875

)

 

 

 

 

 

Outstanding at April 30, 2020

 

 

330,000

 

 

DSU [member]  
Disclosure of classes of share capital [line items]  
Summary of RSU And DSU Plan The DSU share plan transactions during the period were as follows:

 

 

 

Units

Outstanding at April 30, 2018, April 30, 2019 and April 30, 2020

 

1,010,000