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COMMON STOCK (Tables)

9 Months Ended

Mar. 31, 2018

Equity [Abstract]

Schedule of stock option

Option transactions are summarized as follows:

		Number of Options				Weighted Average Exercise Price (C$)
Balance, June 30, 2017			16,605,000			$	0.73
Issued			3,925,000				0.47
Exercised			(10,091	)			0.62
Cancelled/expired			(4,470,000	)			0.75
Balance, March 31, 2018			16,049,909			$	0.66

Schedule of information about stock options outstanding

The following table summarizes information about Options outstanding at March 31, 2018:

Exercise Price (C$)				Expiry Date		Number Outstanding				Aggregate Intrinsic Value (C$)				Number Exercisable				Aggregate Intrinsic Value (C$)
$	0.47			November 9, 2022			3,925,000			$	510				3,925,000			$	510
$	0.62			January 19, 2021			5,264,909				—				5,264,909				—
$	0.76			March 6, 2022			5,650,000				—				4,237,500				—
$	0.94			April 28, 2018			400,000				—				400,000				—
$	0.94			April 28, 2019			100,000				—				75,000				—
$	0.94			July 21, 2021			710,000				—				710,000				—
							16,049,909			$	510				14,612,409			$	510

Schedule of warrant transactions

Warrant transactions are summarized as follows:

		Warrants				Weighted Average Exercise Price (C$)
Balance June 30, 2017			20,609,086			$	0.79
Granted			6,980,652				0. 73
Balance, March 31, 2018			27,589,738			$	0. 77

Schedule of outstanding exercisable warrants

At March 31, 2018, the Company has outstanding exercisable Warrants, as follows:

Number				Exercise Price (C$)				Expiry Date
	355,132				0.54			December 6, 2020
	308,901				0.62			October 31, 2020
	283,413				0.66			September 28, 2020
	541,435				0.69			February 7, 2021
	529,344				0.70			February 5, 2021
	3,125,000				0.72			December 22, 2018
	1,546,882				0.72			January 30, 2021
	260,483				0.73			August 15, 2020
	9,150,285				0.75			January 19, 2019
	3,155,062				0.79			July 26, 2021
	3,860,800				0.85			February 14, 2020
	3,043,024				0.85			February 21, 2020
	539,307				0.85			February 28, 2020
	890,670				0.90			March 31, 2020
	27,589,738

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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