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COMMON STOCK AND WARRANTS
3 Months Ended
Mar. 31, 2019
Accounting Policies [Abstract]  
COMMON STOCK AND WARRANTS

NOTE 9 – COMMON STOCK AND WARRANTS

 

Common Stock

 

The Company is authorized to issue 500,000,000 common stock with a par value of $0.0001.

 

On January 20, 2019, the Company issued 1,000,000 shares of the common stock to an arm’s length third party as compensation for services rendered. The fair value of these shares was determined by using the market price of the common stock as at the date of issuance.

 

During the January 2018, the Company completed private placement for the sale of non-registered shares of the Company's common stock. As a result of these private placements 200,000 non-registered shares of the Company's common stock was issued for proceeds of $40,671. 

 

Common Share Purchase Warrants

 

The Company had no warrants outstanding at March 31, 2019.

 

The Company had the following warrants outstanding at March 31, 2018.

 

Grant date   Warrants   Weighted Average
Exercise Price (C$)
  Expiry
November 23, 2016         600,000   0.50   October 31, 2018
          600,000