XML 290 R45.htm IDEA: XBRL DOCUMENT v3.21.1
Warrants (Tables)
12 Months Ended
Dec. 31, 2020
Warrants And Rights Note Disclosure [Abstract]  
Summary of Warrants Outstanding to Purchase Shares

As of December 31, 2020, there were share purchase warrants outstanding to purchase up to 42,772,992 SVS shares:

 

 Series

 

Number of

warrants

 

 

Weighted-

average

exercise price

 

Balance, December 31, 2018

 

 

 

 

 

 

Issued - Acquisition of Cannex

 

 

42,186,503

 

 

 

1.14

 

Balance, December 31, 2019

 

 

42,186,503

 

 

 

1.14

 

Issued

 

 

29,291,614

 

 

 

0.72

 

Exercised

 

 

(2,686,463

)

 

 

0.53

 

Expired

 

 

(26,018,662

)

 

 

1.10

 

Balance, December 31, 2020

 

 

42,772,992

 

 

$

0.90

 

 

Summary of Warrants Outstanding And Exercisable

As of December 31, 2020, the Company has the following warrants outstanding and exercisable.

 

Warrants Outstanding

 

 

Exercise Price

 

 

Expiry Date

 

7,000,000

 

 

$

1.00

 

 

November 21, 2021

 

4,511,278

 

 

$

1.33

 

 

November 21, 2021

 

2,010,050

 

 

$

1.99

 

 

November 21, 2021

 

12,322,250

 

 

$

C0.90

 

 

November 23, 2022

 

1,438,412

 

 

$

C0.70

 

 

November 23, 2022

 

12,135,922

 

 

$

0.82

 

 

December 17, 2022

 

2,230,080

 

 

$

0.67

 

 

January 29, 2023

 

625,000

 

*

$

C0.80

 

 

October 6, 2024

 

500,000

 

*

$

C0.80

 

 

October 6, 2025

 

42,772,992

 

 

 

 

 

 

 

* Unvested as of December 31, 2020