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Employee Stock Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Grant Date Fair Value
Grant Date 8/15/14
Option – grant date price (Cdn$) $1.60
Options granted 1,990,000
Expected life years 5.0
Expected volatility 66%
Risk free interest rate 1.6%
Weighted average fair value $0.81
Grant date fair value $1,618,000
Summary Stock Options
  2015 2014
    Weighted     Weighted  
    Average Aggregate   Average Aggregate
    Exercise Intrinsic   Exercise Intrinsic
  Options Price (Cdn$) Value(1) Options Price (Cdn)$ Value(1)
2006 Plan            
Outstanding, beginning of year 2,348,000  $1.66   2,419,000  $2.22  
Granted -   -     1,990,000  1.60   
Exercised -   -     -   -    
Cancelled/expired (2)(3) (2,188,000) 1.66   (2,061,000) 2.31  
Forfeited (120,000) 1.60   -   -    
Outstanding, end of year 40,000  $1.60 $   -    2,348,000  $1.66 $   -   
Exercisable, end of year 20,000  $1.60 $   -    814,250  $1.78 $   -   

 

 

  2015 2014
    Weighted     Weighted  
    Average Aggregate   Average Aggregate
  RSUs/ Exercise Intrinsic   Exercise Intrinsic
  Options Price Value(1) Options Price Value(1)
2013 Plan            
Outstanding, beginning of year 1,400,000  $0.96    1,400,000  $0.96   
Granted -     50,562  0.89   
Exercised -     (50,562) 0.89   
Cancelled (2) (1,250,000) 0.94    -   -    
Forfeited (150,000) 1.10    -   -    
Outstanding, end of year -   -   $   -    1,400,000  $0.96 $   -   
Exercisable, end of year -   -   $   -    700,000  $0.96 $   -