XML 16 R5.htm IDEA: XBRL DOCUMENT v3.5.0.2
INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
9 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash Flows used in Operating Activities    
Net loss for the period $ (8,225,666) $ (6,751,821)
Adjustments to reconcile net loss to net cash used in operations:    
Amortization and depreciation 746 746
Accretion of debt discount 1,175 3,109,188
Stock-based compensation 1,276,967 265,457
Non-cash financing related charges 29,000
Change in fair value of derivative financial instruments 567,000
Gain on extinguishment of debt (84,842)
Gain on settlement of accounts payable (151,402)
Unrealized foreign exchange 2,649 (11,405)
Changes in non-cash working capital balances related to operations:    
Sales tax recoverable 28,887
Prepaid expenses and deposits 32,371 17,099
Accounts payable and accrued liabilities (294,793) 65,931
Deferred grant income (44,490)
Net cash used in operating activities (7,373,556) (2,793,647)
Cash Flows provided by Financing Activities    
Issuance of common shares, net of share issue costs 1,809,620 3,580,984
Repayment of promissory note (88,144)
Net cash provided by financing activities 1,809,620 3,492,840
(Decrease) increase in cash during the period (5,563,936) 699,193
Cash, beginning of period 15,290,976 7,262,138
Cash, end of period $ 9,727,040 $ 7,961,331