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Capital management

12 Months Ended

Dec. 31, 2021

22 Capital management

The Company’s capital management objectives are to safeguard its ability to continue as a going concern and to provide returns for shareholders and benefits for other stakeholders by ensuring it has sufficient cash resources to fund its research and development activities, to pursue its commercialization efforts and to maintain its ongoing operations. The Company includes its share capital, deficit and long-term debt in the definition of capital.

A summary of the Company’s capital structure is as follows:


	2021	2020
	$	$

Common shares	219,579	211,527
Deficit	(160,693)	(129,994)
	58,886	81,533