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Warrants
 6 Months Ended
Jun. 30, 2022
Warrants and Rights Note Disclosure [Abstract]  
Warrants
8.
WARRANTS

Bought Deal Compensation and Financing Warrants

 

The below table represents the activity associated with the Company's outstanding equity classified Compensation and Financing warrants for the six months ended June 30, 2022:

 

 

 

Compensation Warrants

 

 

Financing
Warrants

 

 

Weighted
Average Exercise
Price (CAD$)

 

Balance – December 31, 2021

 

 

1,888,350

 

 

 

20,651,580

 

 

 

4.24

 

Issued

 

 

—

 

 

 

—

 

 

 

—

 

Exercised

 

 

—

 

 

 

(1,140,313

)

 

 

0.79

 

Expired

 

 

—

 

 

 

(217,042

)

 

 

0.79

 

Balance – June 30, 2022

 

 

1,888,350

 

 

 

19,294,225

 

 

 

4.49

 

 

The weighted average market fair value of shares purchased through warrant exercises during the six months ended June 30, 2022 was CAD$1.10.