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STOCK PURCHASE OPTIONS AND WARRANTS | 12 Months Ended
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Nov. 30, 2016
STOCK PURCHASE OPTIONS AND WARRANTS [Text Block] |
7. | STOCK PURCHASE OPTIONS AND WARRANTS
| a) | OPTIONS
The following table summarizes the options outstanding under the Stock Option Plan:
|  |  | Number of options |
|  |  | 2016 |  |  | 2015 |
| Outstanding, beginning of year |  | 4,750,000 |  |  | 3,360,000 |
| Granted |  | 375,000 |  |  | 1,675,000 |
| Expired |  | (100,000 | ) |  | (200,000 | )
| Exercised |  | - |  |  | (35,000 | )
| Forfeited |  | - |  |  | - |
| Cancelled |  | (400,000 | ) |  | (50,000 | )
| Outstanding, end of year |  | 4,625,000 |  |  | 4,750,000 |
| Exercisable, end of year |  | 4,625,000 |  |  | 4,750,000 |
| Year 2016 |  |  |  |  | Number of |
|  |  | Option price |  |  | options |
| Expiry date |  | per share |  |  | 2016 |
| March 18, 2017 | $ | 0.31 |  |  | 350,000 |
| August 5, 2017 | $ | 0.32 |  |  | 150,000 |
| May 8, 2019 | $ | 0.32 |  |  | 600,000 |
| September 10, 2019 | $ | 0.36 |  |  | 1,625,000 |
| October 19, 2020 | $ | 0.29 |  |  | 1,525,000 |
| August 17, 2021 | $ | 0.11 |  |  | 25,000 |
| October 19, 2021 | $ | 0.08 |  |  | 350,000 |
| TOTAL |  |  |  |  | 4,625,000 |
| Weighted average exercise price: |  |  |  |  |  |
| Options outstanding at end of year |  |  |  | $ | 0.30 |
| Options granted during the year |  |  |  |  | 0.08 |
| Options exercised during the year |  |  |  |  | - |
| Options expired during the year |  |  |  |  | 0.45 |
| Options cancelled during the year |  |  |  |  | 0.33 |
| Year 2015 |  |  |  |  | Number of |
|  |  | Option price |  |  | options |
| Expiry date |  | per share |  |  | 2015 |
| October 25, 2016 | $ | 0.45 |  |  | 100,000 |
| March 18, 2017 | $ | 0.31 |  |  | 350,000 |
| August 5, 2017 | $ | 0.32 |  |  | 150,000 |
| May 8, 2019 | $ | 0.32 |  |  | 600,000 |
| September 10, 2019 | $ | 0.36 |  |  | 1,875,000 |
| October 19, 2020 | $ | 0.29 |  |  | 1,675,000 |
| TOTAL |  |  |  |  | 4,750,000 |
| Weighted average exercise price: |  |  |  |  |  |
| Options outstanding at end of year | $ |  |  |  | 0.33 |
| Options granted during the year |  |  |  |  | 0.29 |
| Options exercised during the year |  |  |  |  | 0.20 |
| Options expired during the year |  |  |  |  | 0.42 |
| Options cancelled during the year |  |  |  |  | 0.31 |
The share options outstanding at the end of the year had a weighted average remaining contractual life as follows:
|  |  | 2016 |  |  | 2015 |
|  |  | (Years) |  |  | (Years) |
| Total outstanding options |  | 2.8 |  |  | 3.8 |
| Total exercisable options |  | 2.8 |  |  | 3.8 |
| b) | WARRANTS
|  |  | Number of |  |  |  |  |  |  |
|  |  | Warrants |  |  | Exercise |  |  | Expiry |
|  |  | Granted |  |  | Prices |  |  | Date |
|  |  |  |  | $ |  |  |  |  |
| Outstanding at November 30, 2014 and average exercise price |  | 4,794,545 |  |  | 0.24 |  |  |  |
| Granted in year 2015 |  | - |  |  | - |  |  |  |
| Exercised |  | (27,500 | ) |  | 0.20 |  |  |  |
| Exercised |  | (68,750 | ) |  | 0.13 |  |  |  |
| Exercised |  | (9,350 | ) |  | 0.25 |  |  |  |
| Forfeited |  | - |  |  | - |  |  |  |
| Expired |  | (622,500 | ) |  | 0.20 |  |  |  |
| Expired |  | (75,000 | ) |  | 0.42 |  |  |  |
| Expired |  | (1,223,645 | ) |  | 0.47 |  |  |  |
| Cancelled |  | - |  |  | - |  |  |  |
| Outstanding at November 30, 2015 and average exercise price* |  | 2,767,800 |  |  | 0.17 |  |  |  |
| Granted in year 2016 |  | - |  |  | - |  |  |  |
| Exercised |  | - |  |  | - |  |  |  |
| Expired |  | (131,250 | ) |  | 0.13 |  |  |  |
| Expired |  | (151,900 | ) |  | 0.45 |  |  |  |
| Cancelled |  | - |  |  | - |  |  |  |
| Outstanding at November 30, 2016 and average exercise price* |  | 2,484,650 |  |  | 0.16 |  |  |  |
| Exercisable at November 30, 2016 |  | 2,484,650 |  |  | 0.16 |  |  |  |
| Exercisable at November 30, 2015 |  | 2,767,800 |  |  | 0.17 |  |  |  |
* On September 24, 2015, the board of directors extended the expiry dates of 572,000 warrants issued in 2010 and 1,505,000 warrants issued in 2012. In addition, on June 9, 2016, the board of directors extended the expiry of 400,000 warrants issued in 2012 by an additional 4 years (refer to note 6) The warrants outstanding at the end of the year had a weighted average remaining contractual life as follows:
|  |  | 2016 |  |  | 2015 |
|  |  | (Years) |  |  | (Years) |
| Total outstanding warrants |  | 3.25 |  |  | 2.87 |
| Total exercisable warrants |  | 3.25 |  |  | 2.87 |

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- Definition STOCK PURCHASE WARRANTS [Text Block] + References No definition available. + Details
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Namespace Prefix: | sdev_
Data Type: | nonnum:textBlockItemType
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