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Stockholders' Deficiency (Tables)
9 Months Ended
Dec. 31, 2020
Schedule of Warrants Outstanding

Warrant issuances, exercises and expirations or cancellations during the three months ended December 31, 2020 and preceding periods resulted in warrants outstanding at the end of those respective periods as follows: 

 

    Broker
Warrants
    Consultant
Warrants
    Warrants
Issued on
Conversion of
Convertible Notes
    Private
Placement
Warrants
    Total  
As at March 31, 2019     321,314       1,177,157 *     2,734,530       1,163,722       5,396,723  
                                         
Less: Exercised     -       -       -       (458,196 )     (458,196 )
Less: Expired/cancelled     -       (5,000 )     -       -       (5,000 )
Add: Issued     -       83,750       -       -       83,750  
As at June 30, 2019     321,314       1,255,907 *     2,734,530       705,526       5,017,277  
                                         
Less: Exercised     -       -       -       -       -  
Less: Expired/cancelled     -       (10,000 )     -       -       (10,000 )
Add: Issued     -       311,350       -       -       311,350  
As at September 30, 2019     321,314       1,557,257 *     2,734,530       705,526       5,318,627  
                                         
Less: Exercised     -       -       -       -       -  
Less: Exercised     -       -       -       -       -  
Less: Expired/cancelled     -       (35,000 )     -       -       (35,000 )
Add: Issued     -       568,000       -       -       568,000  
As at December 31, 2019     321,314       2,090,257 *     2,734,530       705,526       5,851,627  
                                         
Less: Exercised     -       -       -       -       -  
Less: Expired/cancelled     -       (98,750 )     -       -       (98,750 )
Add: Issued     -       208,333       -       -       208,333  
As at March 31, 2020     321,314       2,199,840 *     2,734,530       705,526       5,961,209  
Less: Expired/cancelled     (128,676 )     (65,000 )     (911,510 )     (705,526 )     (1,810,712 )
                                         
Add: Issued     -       50,000       -       -       50,000  
As at June 30, 2020     192,638       2,184,840 *     1,823,020       -       4,200,497  
Less: Exercised     -       (97,500 )     -       -       (97,500 )
Less: Expired/cancelled     -       (205,000 )     -       -       (205,000 )
Add: Issued     -       72,917       -       -       72,917  
As at September 30, 2020     192,638       1,955,526 *     1,823,020       -       3,970,814  
Less: Exercised     -       -       -       -       -  
Less: Expired/cancelled     -       (36,250 )     -       -       (36,250 )
Add: Issued     -       226,667       -       -       226,667  
As at December 31, 2020     192,638       2,145,673 *     1,823,020       -       4,161,330  
                                         
Exercise Price   $ 0.78-$3.00     $ 0.48-$3.69       2.00       3.00          
Expiration Date     December 2021 to
July 2022
      October 2020 to
June 2030
      March 2021 to
November 2022
      not applicable          

 

*Consultant Warrants include warrants issued to directors and officers of the Company who were not members of the Company’s options plan at the time of issuance. As at December 31, 2020, Consultant Warrants include an aggregate of 788,806 warrants provided to an officer of the Company as compensation while not a member of any Company options plan.

2016 Equity Incentive Plan [Member]  
Schedule of Stock Option Activities

The following table summarizes the stock option activities of the Company to December 31, 2020:

 

   

Number of

options

   

Weighted

average exercise price ($)

 
Granted     4,147,498       3.2306  
Exercised     -       -  
Outstanding as of March 31, 2018     4,147,498       3.2306  
Granted     270,521       1.8096  
Exercised     -       -  
Outstanding as of March 31, 2019     4,418,019       3.1436  
Granted     88,100       0.7763  
Expired     (112,509 )     2.723  
Outstanding as of March 31, 2020     4,393,610       3.1069  
                 
Granted     2,376,480       0.9787  
Exercised     -       -  
Outstanding as of December 31, 2020     6,770,089       2.3956