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NOTE - 10: WARRANTS
9 Months Ended
Jan. 31, 2020
Notes  
NOTE - 10: WARRANTS

NOTE – 10: WARRANTS

 

During the year ended April 30, 2019 the Company issued 600,000 warrants with a conversion price of $0.70 to $2.50 to four individuals. The warrants have a three and one half year term and are convertible into the common shares of the Company.

 

A summary of the Company’s warrants as of January 31, 2020, and changes during the nine months then ended is as follows:

 

 

Shares

Weighted Average Exercise Price

Weighted Average Remaining Contract Term (Years)

Aggregate Intrinsic Value

 

 

 

 

 

 

Outstanding at April 30, 2019

600,000

$

1.20

3.00

$    492,000

Granted

  --

$

--

--

--

Exercised

--

$

--

--

--

Forfeited or expired

--

$

--

--

--

Outstanding and exercisableat January 31, 2020

600,000

$

1.20

2.25

$ 558,000