Stock Based Compensation

12 Months Ended

Dec. 31, 2016

Equity [Abstract]

Stock Based Compensation

6. Stock-based Compensation

Stock Option Plan

No options were granted and no compensation expense was recorded during 2015 and 2016.

As at December 31, 2016, the Company had share purchase options outstanding as follows:

Expiration Date	Exercise Price	Remaining Contractual Life	Number of Options
October 15, 2017	$0.10	0.79 years	1,200,000
January 16, 2018	$0.12	1.04 years	2,940,000
Total options outstanding		0.97 years	4,140,000

At December 31, 2016 and 2015 all the outstanding share purchase options were exercisable.