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COMMON STOCK
 6 Months Ended
Dec. 31, 2019
Equity [Abstract]  
COMMON STOCK
5.COMMON STOCK

 

a)Stock Options

 

   Number of Options   Weighted Average Exercise Price (C$) 
Balance, June 30, 2019   19,449,909   $0.62 
Issued   -    - 
Exercised   -    - 
Cancelled/expired   -    - 
Balance, December 31, 2019   19,449,909   $0.62 

  

The following table summarizes information about options to purchase Common Shares ("Options") outstanding at December 31, 2019:

 

Exercise Price (C$)  Expiry Date  Number Outstanding   Aggregate Intrinsic Value   Number Exercisable   Aggregate Intrinsic Value 
$ 0.62  January 19, 2021   5,264,909   C$1,052    5,264,909   C$1,052 
$ 0.94  July 21, 2021   540,000    -    540,000    - 
$ 0.76  March 6, 2022   5,400,000    324    5,400,000    324 
$ 0.47  November 9, 2022   3,800,000    1,330    3,800,000    1,330 
$ 0.54  November 15, 2023   4,445,000    1,245    3,333,750    933 
         19,449,909   C$3,951    18,338,659   C$3,639 

 

The aggregate intrinsic value in the preceding table represents the total intrinsic value, based on the Company's closing Common Share price of C$0.82 as of December 31, 2019, that would have been received by the Option holders had all Option holders exercised their Options as of that date. The total number of in-the-money Options vested and exercisable as of December 31, 2019, was 17,798,659.

 

As of December 31, 2019, there was $40 of unrecognized compensation cost related to unvested share-based compensation arrangements granted under the Option plans. The cost is expected to be recognized over a remaining weighted average period of approximately 0.4 years.

 

b)Warrants

 

   Warrants   Weighted Average Exercise Price 
Balance June 30, 2019   21,374,801   C$0.78 
Granted   -    - 
Exercised   -    - 
Expired   -    - 
Balance, December 31, 2019   21,374,801   C$0.78 

 

At December 31, 2019, the Company had outstanding exercisable Warrants, as follows:

 

Number   Exercise Price (C$)   Expiry Date
 3,860,800   C$0.85   February 14, 2020
 3,043,024   C$0.85   February 21, 2020
 539,307   C$0.85   February 28, 2020
 890,670   C$0.90   March 31, 2020
 260,483   C$0.73   August 15, 2020
 1,458,792   C$0.75   September 14, 2020
 1,028,785   C$0.75   September 28, 2020
 283,413   C$0.66   September 28, 2020
 308,901   C$0.62   October 31, 2020
 355,132   C$0.54   December 6, 2020
 1,546,882   C$0.72   January 30, 2021
 529,344   C$0.70   February 5, 2021
 541,435   C$0.69   February 7, 2021
 1,058,872   C$0.72   April 5, 2021
 833,330   C$0.72   April 29, 2021
 645,250   C$0.72   May 9, 2021
 1,035,319   C$0.77   July 9, 2021
 3,155,062   C$0.79   July 26, 2021
 21,374,801