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STOCK-BASED COMPENSATION (Tables) | 9 Months Ended
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Aug. 31, 2020
Share-based Payment Arrangement [Abstract] |
Schedule of stock options valuation assumptions | Employee, Director and Non-Employee Options (Black-Scholes option pricing model)
|  | 2020 |  |  | 2019 |
Risk free rate |  |  | 0.00 – 1.68 | % |  |  | 2.00 | %
Expected dividends |  |  | 0 | % |  |  | 0 | %
Expected volatility |  |  | 131 - 144 | % |  |  | 133 | %
Expected life |  |  | 5 years |  |  |  | 5 years |
Market price of the Company’s common stock on date of grant |  | $ | 0.19 – 1.36 |  |  | $ | 0.14 |
Exercise price |  | $ | 0.19 – 1.38 |  |  | $ | 0.14
Schedule of stock options activity |
| The following table summarizes option activity under the 2017 Plan during the nine months ended August 31, 2020:
|  |  | Stock |  |  | Weighted-Average Exercise Price Per Stock Option |
|  |  | Options |  |  | CDN$ |  |  | USD$ |
Outstanding, November 30, 2019 |  |  |  | 2,911,667 |  |  |  | 0.19 |  |  |  | 0.14 |
Granted |  |  |  | 4,452,500 |  |  |  | 0.40 |  |  |  | 0.30 |
Expired |  |  |  | (212,500 | ) |  |  | (0.28 | ) |  |  | (0.21 | )
Exercised |  |  |  | (15,000 | ) |  |  | (0.25 | ) |  |  | (0.19 | )
Cancelled |  |  |  | — |  |  |  | — |  |  |  | — |
Outstanding, August 31, 2020 |  |  |  | 7,136,667 |  |  |  | 0.31 |  |  |  | 0.24 |
Exercisable, August 31, 2020 |  |  |  | 5,137,667 |  |  |  | 0.36 |  |  |  | 0.27
Schedule of warrants valuation assumptions | The assumptions the Company used to determine the grant-date fair value of warrants granted to consultants during the nine months ended August 31, 2020 and 2019 were as follows:
| (Black-Scholes option pricing model)
|  | 2020 |  |  | 2019 |
Risk free rate |  |  | 1.47 | % |  |  | 2.00 | %
Expected dividends |  |  | 0 | % |  |  | 0 | %
Expected volatility |  |  | 57 | % |  |  | 149 | %
Expected life |  |  | 1.1 years |  |  |  | 3.0 years |
Market price of the Company’s common stock on date of grant |  | $ | 0.22 |  |  | $ | 0.16 |
Exercise price |  | $ | 0.25 |  |  | $ | 0.16 |

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- Definition Tabular disclosure of incentive warrants, valuation assumptions. + References No definition available. + Details
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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