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CONVERTIBLE DEBT

6 Months Ended

Dec. 31, 2019

4.	CONVERTIBLE DEBT

	As of
	December 31, 2019		June 30, 2019
Convertible notes, current portion	$	800	$	800
Convertible security, current portion		86		-
	$	886	$	800

Convertible security, noncurrent potion	$	-	$	1,102

Convertible Notes

The changes in the derivative liability related to the conversion feature are as follows:

	Derivative Liability
Balance, June 30, 2019	$	-
Change in fair value of derivative liability		82
Balance, December 31, 2019	$	82

Effective October 10, 2019, the due date for the Company's outstanding convertible promissory notes was extended for one year to October 14, 2020. All other terms and conditions remained unchanged.

Convertible Security Funding

The change in the Lind Asset Management IV, LLC ("Lind") convertible securities balance is comprised of the following:

	Convertible Security
Balance, June 30, 2019	$	1,012
Conversions, at fair value		(933	)
Changes in fair market value		7
Balance, December 31, 2019	$	86

The convertible security issued to Lind pursuant to the Convertible Security Funding Agreement, dated June 27, 2018, between the Company and Lind (the "Second Convertible Security"), is convertible into common shares of the Company ("Common Shares") at a conversion price equal to 85% of the volume weighted average trading price of the Common Shares (in Canadian dollars) on the Toronto Stock Exchange for the five consecutive trading days immediately prior to the date on which Lind provides the Company with notice of its intention to convert an amount of the applicable Convertible Security from time to time. During the six months ended December 31, 2019, $825 principal amount of the Second Convertible Security was converted into 2,343,383 Common Shares.