Subsequent events

12 Months Ended

Nov. 30, 2016

Subsequent Events [Abstract]

Subsequent Events [Text Block]

13 Subsequent events

On January 30, 2017, the Company entered into a commitment to lease office space for a period of seven years with a total commitment of $1.3 million.

On December 15, 2016, 525,000 stock options were granted to directors vesting immediately and 1,070,000 stock options were granted to employees vesting equally in thirds on the grant date, the first anniversary of the grant date, and the second anniversary of the grant date. Also on December 15, 2016, 600,000 RSUs were granted to officers vesting equally in thirds on the grant date, the first anniversary of the grant date, and the second anniversary of the grant. The first tranche of the RSUs vesting on December 15, 2016 were settled through the issuance of 104,599 Common Shares and cash payment of $0.06 million used to satisfy payroll withholding taxes.

On December 23, 2016, 200,000 RSUs vested and were settled through the issuance of 104,599 Common Shares and cash payment of $0.06 million used to satisfy payroll withholding taxes.