EARNINGS PER SHARE (Tables)

3 Months Ended

Oct. 31, 2017

Earnings Per Share [Abstract]

Schedule of Basic Earnings Per Share

	Three month period ended
	October 31, 2017		October 31, 2016
Net Income for the period	$	616,806	$	324,757
Number of common shares outstanding		52,042,286		52,042,286
Basic Earnings per Share	$	0.01	$	0.01

Schedule of Diluted Earnings Per Share

	Three month period ended
	October 31, 2017			October 31, 2016
Net Income for the period	$	616,806		$	324,757
Gains associated with DSUs		(647,769	)		(360,969	)
Adjusted Net Income (Loss) for the period	$	(30,963	)	$	(36,212	)
Number of common shares outstanding		52,042,286			52,042,286
DSUs at beginning of period		5,942,841			1,645,653
DSUs issued during the period*		-			-
DSUs waived during the period**		(5,051,407	)		-
Adjusted number of common shares outstanding		52,933,720			53,687,939
Diluted Earnings (Loss) per Share	$	(0.00	)	$	(0.00	)

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* Shares were issued on the final day of the three month period; accordingly, for the three month period, any weighted average issued and outstanding would be nil. As of August 1, 2017, no further DSUs are being issued by the Company.

** Shares were waived as of August 1, 2017. As such, there were 891,434 DSUs outstanding throughout the entire three month period ended October 31, 2017.