Commitment

9 Months Ended

Aug. 31, 2015

Commitment [Text Block]

9 Commitment

The Company has commitments in respect of office leases requiring future minimum lease payments as follows:

in thousands of dollars
	August 31, 2015
	$
2015	64
2016	214
2017	76
Total	354

On January 25, 2013, the Company entered into a commitment to lease office space effective May 1, 2013 for a period of four years with a remaining total commitment of $0.26 million. As part of the acquisition of Sunward, the Company assumed an office lease in Vancouver, expiring on February 28, 2017, with a remaining commitment of $0.05 million, and two office leases in Colombia, expiring on November 30, 2015 and April 30, 2016 respectively, with a total remaining commitment of $0.04 million.