XML 81 R34.htm IDEA: XBRL DOCUMENT v3.19.3
Note 12 - Capital Stock (Tables)
12 Months Ended
Jul. 31, 2019
Notes Tables  
Schedule of Warrants, Valuation Assumptions [Table Text Block]
Expected Risk Free Interest Rate
   
2.90
%
Expected Annual Volatility
   
63.30
%
Expected Contractual Life in Years
   
2.50
 
Expected Annual Dividend Yield
   
0.00
%
Expected Risk Free Interest Rate
   
1.50
%
Expected Annual Volatility
   
76.96
%
Expected Contractual Life in Years
   
3.00
 
Expected Annual Dividend Yield
   
0.00
%
Schedule of Net Proceeds Allocation [Table Text Block]
Fair Value of Shares
  $
19,424,095
 
Fair Value of Share Purchase Warrants
   
3,094,693
 
Total Fair Value Before Allocation to Net Proceeds
  $
22,518,788
 
         
Gross Proceeds
  $
20,180,878
 
Share Issuance Costs - Cash
   
(1,211,667
)
Net Cash Proceeds Received
  $
18,969,211
 
         
Relative Fair Value Allocation to:
 
 
 
 
Shares
  $
16,362,327
 
Share Purchase Warrants
   
2,606,884
 
    $
18,969,211
 
Fair Value of Shares
  $
26,689,487
 
Fair Value of Share Purchase Warrants
   
5,873,932
 
Total Fair Value Before Allocation to Net Proceeds
  $
32,563,419
 
         
Gross Proceeds
  $
25,996,254
 
Share Issuance Costs - Cash
   
(1,550,843
)
Net Cash Proceeds Received
  $
24,445,411
 
         
Relative Fair Value Allocation to:
 
 
 
 
Shares
  $
20,035,841
 
Share Purchase Warrants
   
4,409,570
 
    $
24,445,411
 
Schedule Of Share based Compensation Warrants Activity [Table Text Block]
   
Number of
Warrants
   
Weighted Average
Exercise Price
 
Balance, July 31, 2016
   
13,953,872
    $
1.65
 
Issued
   
9,571,929
     
2.00
 
Exercised
   
(1,989,717
)    
1.20
 
Expired
   
(1,859,524
)    
2.60
 
Balance, July 31, 2017
   
19,676,560
     
1.78
 
Issued
   
11,358,728
     
2.30
 
Exercised
   
(61,799
)    
1.20
 
Expired
   
(50,000
)    
1.95
 
Balance, July 31, 2018
   
30,923,489
     
1.97
 
Issued
   
7,063,253
     
2.05
 
Exercised
   
(3,999,881
)    
1.21
 
Expired
   
(3,542,951
)    
2.13
 
Exchanged for shares pursuant to Securities Exchange Agreement
   
(11,000,000
)    
2.30
 
Balance, July 31, 2019
 
 
19,443,910
   
$
1.94
 
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]
Weighted
Average
Exercise Price
   
Number of Warrants
Outstanding
   
Weighted Average Remaining Contractual
Life (Years)
 
Expiry Date
$ 2.00      
9,571,929
     
0.47
 
January 20, 2020
  1.35      
2,450,000
     
0.50
 
January 30, 2020
  2.05      
7,063,253
     
1.68
 
April 3, 2021
  2.30      
308,728
     
3.03
 
August 9, 2022
  1.64      
50,000
     
3.81
 
May 21, 2023
$ 1.94      
19,443,910
     
0.96