FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Jan. 31, 2019

Financial Instruments Tables Abstract

Schedule of Contractual concentration of credit risk

	January 31, 2019		January 31, 2018
Cash and cash equivalents	$	8,308,884	$	14,321,433
Term deposits		9,656,320		3,694,415
Royalty receivable		3,969,356		3,540,753
Total	$	21,934,560	$	21,556,601

Schedule of Foreign Currency Risk

	January 31, 2019			January 31, 2018
Cash and cash equivalents	US$	5,842,116		US$	10,125,183
Term deposits		7,360,000			3,005,300
Royalty receivable		2,988,169			2,880,300
Accounts payable		(65	)		-
Current income tax liability		(2,160,272	)		-
Net exposure	US$	14,029,948		US$	16,010,783
Canadian dollar equivalent	$	18,407,291		$	19,682,055

Schedule of Fair Value On Recurring Basis

	Level 1		Level 2		Level 3
Cash and cash equivalents	$	8,308,884	$	-	$	-
Term deposits		9,656,320		-		-
Investments		10,280		-		-
	$	17,975,484	$	-	$	-