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INCOME TAXES (Tables) | 12 Months Ended
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Mar. 31, 2015
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block] |
|  | 2015 |  |  | 2014 |  |  | 2013 |
|  | $ |  |  | $ |  |  | $ |
U.S |  | 9,301,988 |  |  | 1,067,284 |  |  | 8,517,850 |
Non-U.S. |  | 536,329 |  |  | - |  |  | - |
|  | 9,838,317 |  |  | 1,067,284 |  |  | 8.517,750 |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
| 2015 | 2014 | 2013
| $ | $ | $
Statutory tax rate | 34.00% | 25.00% | 25.00%
Loss before income taxes | (9,838,317) | (1,067,284) | (8,517,850)
Expected income tax recovery | (3,345,000) | (270,000) | (2,151,000)
Increase (decrease) in income tax recovery resulting from: |  |  |
Derivative liability | 251,000 | - |
Share based payments | 796,000 | 275,000 | 2,890,000
Other permanent difference | 12,000 | - | -
Share issue costs | (140,000) | - |
Effect of change in statutory rate | (41,000) | (93,000) | (745,000)
Effect of foreign exchange | 89,000 | - |
Foreign income taxed at foreign rate | 14,000 | - |
Increase in valuation allowance | 2,364,000 | 88,000 | 6,000
Income tax expense | - | - | -
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
|  | 2015 |  |  | 2014 |  |  | 2013 |
|  | $ |  |  | $ |  |  | $ |
Deferred income tax assets (liabilities) |  |  |  |  |  |  |  |  |
Operating losses carried forward |  | 2,074,000 |  |  | 94,000 |  |  | 6,000 |
Intangible costs |  | 285,000 |  |  |  |  |  |  |
Share issuance costs |  | 99,000 |  |  | - |  |  |  |
Valuation allowance |  | (2,458,000 | ) |  | (94,000 | ) |  | (6,000 | )
Net deferred income tax asset |  | - |  |  | - |  |  | - |

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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319 + Details
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- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)(1)(i)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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