DERIVATIVE LIABILITY

12 Months Ended

Jan. 31, 2019

DERIVATIVE LIABILITY [abstract]

DERIVATIVE LIABILITY

16.	DERIVATIVE LIABILITY
	The following table reflects the continuity of derivative liability from January 31, 2017 to January 31, 2019:

Balance, January 31, 2018 and 2017	$	-
On acquisition - June 13, 2018		393,010
On acquisition - January 23, 2019		-
Fair value adjustment on derivative liabilities		(369,913	)
Balance, January 31, 2019	$	23,097

Inputs into the calculation of the fair value adjustment are as follows:

	January 31,	January 23,	June 13,
	2019	2019	2018
Discount rate	1.91%	1.91%	1.91%
Expected life in years	2.5	1.0	3.0
Expected volatility of foreign exchange	5.84%	5.84%	6.66%