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COMMON STOCK (Tables)

6 Months Ended

Dec. 31, 2020

Equity [Abstract]

Schedule of stock option

			Number of Options				Weighted Average Exercise Price (C$)
Balance, June 30, 2020				19,129,409			$	0.62
Granted				3,700,000				0.78
Exercised				(438,617	)			0.56
Cancelled/expired				(165,883	)			0.47
Balance, December 31, 2020				22,224,909			$	0.65

Schedule of information and assumptions used to determine option costs

The following table summarizes information about options to purchase Common Shares (“Options”) outstanding at December 31, 2020: 

Exercise Price (C$)				Expiry Date		Number Outstanding				Aggregate Intrinsic Value				Number Exercisable				Aggregate Intrinsic Value
$	0.62			January 19, 2021			4,684,909			C$	890				4,684,909			C$	890
$	0.94			July 21, 2021			540,000				—				540,000				—
$	0.76			March 6, 2022			5,400,000				270				5,400,000				270
$	0.47			November 9, 2022			3,455,000				1,175				3,455,000				1,175
$	0.84			September 18, 2023			1,300,000				—				1,300,000				—
$	0.54			November 15, 2023			4,445,000				1,200				4,445,000				1,200
$	0.75			December 14, 2023			1,850,000				111				1,850,000				111
$	0.75			December 16, 2023			550,000				33				550,000				33
							22,224,909			C$	3,679				22,224,909			C$	3,679

Schedule of warrant transactions

			Warrants				Weighted Average Exercise Price
Balance June 30, 2020				12,376,451			C$	0.74
Granted				500,000				0.80
Exercised				(2,777,422	)			0.71
Expired				(388,535	)			0.75
Balance, December 31, 2020				9,710,494			C$	0.75

Schedule of outstanding exercisable warrants

At December 31, 2020, the Company had outstanding exercisable Warrants, as follows: 

Number				Exercise Price				Expiry Date
	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
	3,020,062			C$	0.79			July 26, 2021
	500,000			C$	0.80			December 18, 2022
	9,710,494

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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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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