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Share capital (Tables)
 9 Months Ended
Sep. 30, 2018
Disclosure of classes of share capital [abstract]  
Schedule of Share Capital
Authorized share capital consists of an unlimited number of common shares.
 
 
  
September 30,
    
December 31,
  
 
  
2018
    
2017
  
 
            
Issued
            
43,094,657 (2017: 41,496,950) common shares
  
$
212,498
    
$
207,012
  
Schedule of Changes in Company's Outstanding Stock Options
A summary of changes in the Company’s outstanding stock options is presented below:

 
        
September 30,
          
December 31,
  
 
        
2018
          
2017
  
 
        
Weighted
          
Weighted
  
 
        
average
          
average
  
 
        
exercise
          
exercise
  
 
  
Number
    
price
    
Number
    
price
  
 
  
(thousands)
    
CAD
    
(thousands)
    
CAD
  
 
                        
Balance, beginning of period
    
2,316
    
$
3.06
      
1,771
    
$
4.64
  
Granted
    
1,395
      
4.61
      
1,058
      
3.86
  
Exercised
    
(471
)
    
2.29
      
(261
)
    
3.22
  
Expired
    
(120
)
    
5.14
      
(252
)
    
17.31
  
Balance, end of period
    
3,120
    
$
3.79
      
2,316
    
$
3.06
  
Schedule of Stock Options Outstanding and Exercisable
The following table summarizes information on stock options outstanding and exercisable as at September 30, 2018:

 
  
Weighted
                          
 
  
average
          
Weighted
          
Weighted
  
 
  
remaining
          
average
          
average
  
 Exercise
  
contractual
          
exercise
          
exercise
  
 price
  
life
    
Outstanding
    
price
    
Exercisable
    
price
  
 CAD
  
(years)
    
(thousands)
    
CAD
    
(thousands)
    
CAD
  
 
                              
 2.00 to 3.00
    
0.40
      
691
    
$
2.04
      
691
    
$
2.04
  
 3.01 to 4.00
    
1.32
      
1,025
      
3.85
      
683
      
3.85
  
 4.01 to 5.00
    
2.26
      
1,364
      
4.58
      
462
      
4.58
  
 5.01 to 6.00
    
2.32
      
40
      
5.55
      
13
      
5.55
  
 
            
3,120
    
$
3.79
      
1,849
    
$
3.37
  
 
Fair Value Weighted Average Assumptions <div><div><div></div> <div style="font: 10pt Times New Roman, Times, serif; text-align: justify">The Company used the Black-Scholes Option Pricing Model to estimate fair value using the following weighted-average assumptions:</div> <div style="font: 10pt Times New Roman, Times, serif; text-align: justify"> </div> <table id="z276a26a6d014440e9349b03012b33185" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, serif; width: 100%"> <tr> <td style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif; text-align: left"> </div> </td> <td style="vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: bold 10pt Times New Roman, Times, serif; text-align: right">Three-month</div> </td> <td style="vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: bold 10pt Times New Roman, Times, serif; text-align: right">Three-month</div> </td> <td style="vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: bold 10pt Times New Roman, Times, serif; text-align: right">Nine-month</div> </td> <td style="vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: bold 10pt Times New Roman, Times, serif; text-align: right">Nine-month</div> </td> <td style="vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> </tr> <tr> <td style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif; text-align: left"> </div> </td> <td style="vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: bold 10pt Times New Roman, Times, serif; text-align: right">period ended</div> </td> <td style="vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: bold 10pt Times New Roman, Times, serif; text-align: right">period ended</div> </td> <td style="vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: bold 10pt Times New Roman, Times, serif; text-align: right">period ended</div> </td> <td style="vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: bold 10pt Times New Roman, Times, serif; text-align: right">period ended</div> </td> <td style="vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> </tr> <tr> <td style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif; text-align: left"> </div> </td> <td style="vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: bold 10pt Times New Roman, Times, serif; text-align: right">September 30,</div> </td> <td style="vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: bold 10pt Times New Roman, Times, serif; text-align: right">September 30,</div> </td> <td style="vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: bold 10pt Times New Roman, Times, serif; text-align: right">September 30,</div> </td> <td style="vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: bold 10pt Times New Roman, Times, serif; text-align: right">September 30,</div> </td> <td style="vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> </tr> <tr> <td style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif; text-align: left"> </div> </td> <td style="vertical-align: bottom; padding-bottom: 2px; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff; vertical-align: bottom"> <div style="font: bold 10pt Times New Roman, Times, serif; text-align: right">2018</div> </td> <td style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="vertical-align: bottom; border-bottom: #000000 2px solid; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff; vertical-align: bottom"> <div style="font: bold 10pt Times New Roman, Times, serif; text-align: right">2017</div> </td> <td style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="vertical-align: bottom; border-bottom: #000000 2px solid; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff; vertical-align: bottom"> <div style="font: bold 10pt Times New Roman, Times, serif; text-align: right">2018</div> </td> <td style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="vertical-align: bottom; border-bottom: #000000 2px solid; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff; vertical-align: bottom"> <div style="font: bold 10pt Times New Roman, Times, serif; text-align: right">2017</div> </td> <td style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> </tr> <tr> <td style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif; text-align: left"> </div> </td> <td style="vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> </tr> <tr> <td style="width: 52%; vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif; text-align: left">Expected share price volatility <sup style="vertical-align: text-top; line-height: 1; font-size: smaller">(1)</sup></div> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">-</div> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">81</div> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> <div style="font: 10pt Times New Roman, Times, serif">%</div> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">59</div> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> <div style="font: 10pt Times New Roman, Times, serif">%</div> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">83</div> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> <div style="font: 10pt Times New Roman, Times, serif">%</div> </td> </tr> <tr> <td style="width: 52%; vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif; text-align: left">Risk free interest rate</div> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">-</div> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">1.30</div> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> <div style="font: 10pt Times New Roman, Times, serif">%</div> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">1.74</div> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> <div style="font: 10pt Times New Roman, Times, serif">%</div> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">0.87</div> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> <div style="font: 10pt Times New Roman, Times, serif">%</div> </td> </tr> <tr> <td style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif; text-align: left">Expected life</div> </td> <td style="vertical-align: bottom; vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">-</div> </td> <td style="vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif; text-align: right">3 years</div> </td> <td style="vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif; text-align: right">3 years</div> </td> <td style="vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif; text-align: right">3 years</div> </td> <td style="vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> </tr> <tr> <td style="width: 52%; vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif; text-align: left">Expected forfeiture rate</div> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">-</div> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">3.67</div> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> <div style="font: 10pt Times New Roman, Times, serif">%</div> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">3.36</div> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> <div style="font: 10pt Times New Roman, Times, serif">%</div> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">4.18</div> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> <div style="font: 10pt Times New Roman, Times, serif">%</div> </td> </tr> <tr> <td style="width: 52%; vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif; text-align: left">Expected dividend yield</div> </td> <td style="width: 1%; vertical-align: bottom; padding-bottom: 2px; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">-</div> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">0</div> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> <div style="font: 10pt Times New Roman, Times, serif">%</div> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">0</div> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> <div style="font: 10pt Times New Roman, Times, serif">%</div> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">0</div> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> <div style="font: 10pt Times New Roman, Times, serif">%</div> </td> </tr> <tr> <td style="width: 52%; vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif; text-align: left"> </div> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> </tr> <tr> <td style="width: 52%; vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif; text-align: left">Share-based payments included in cost of sales</div> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">$</div> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">-</div> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">$</div> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">-</div> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">$</div> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">-</div> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">$</div> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">-</div> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> </tr> <tr> <td style="width: 52%; vertical-align: bottom; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif; text-align: left">Share-based payments included in general and</div> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="width: 1%; vertical-align: bottom; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; text-align: right; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> </tr> <tr> <td style="width: 52%; vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif; text-align: left">   administrative expenses</div> </td> <td style="width: 1%; vertical-align: bottom; padding-bottom: 2px; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">334</div> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">278</div> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">1,711</div> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; background-color: #ffffff; vertical-align: bottom"> </td> <td style="width: 9%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">1,241</div> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> </tr> <tr> <td style="width: 52%; vertical-align: bottom; padding-bottom: 4px; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif; text-align: left">Total share-based payments</div> </td> <td style="width: 1%; vertical-align: bottom; padding-bottom: 4px; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">$</div> </td> <td style="width: 9%; vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">334</div> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 4px double; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">$</div> </td> <td style="width: 9%; vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">278</div> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 4px double; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">$</div> </td> <td style="width: 9%; vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">1,711</div> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 4px double; vertical-align: bottom"> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">$</div> </td> <td style="width: 9%; vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; background-color: #ffffff; vertical-align: bottom"> <div style="font: 10pt Times New Roman, Times, serif">1,241</div> </td> <td style="width: 1%; vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; background-color: #ffffff; vertical-align: bottom; white-space: nowrap"> </td> </tr> </table> <div><br /> </div> <div> <table id="z8388769dfc614f3baf90fdc72cf86b6e" class="DSPFListTable" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, serif; width: 100%"> <tr> <td style="width: 21.3pt; vertical-align: top"> <div style="font: 10pt Times New Roman, Times, serif; text-align: left">(1)</div> </td> <td style="width: auto; vertical-align: top"> <div style="font: 10pt Times New Roman, Times, serif; text-align: justify">Expected volatility has been based on historical volatility of the Company’s publicly traded shares.</div></td></tr></table></div></div></div>
Warrants Issued and Outstanding
The warrants that are issued and outstanding as at September 30, 2018 are as follows:
 
Number of
 Exercise
 Issuance
 Expiry
 warrants
 price (CAD)
 date
 date
                                                                               799,065
                                                                                           4.68
 Jul 2016
 Jun 14, 2021
                                                                          1,447,426
                                                                                           4.68
 Jun 2016
 Jun 9, 2021
                                                                          1,537,355
                                                                                            1.20
 Feb 2016
 Feb 10, 2019
                                                                               307,777
                                                                                            1.20
 Nov 2015
 Nov 10, 2018
                                                                          4,091,623