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Derivative Liability (Tables)
 12 Months Ended
Dec. 31, 2016
Derivative Liability Tables  
Derivative liability

At origination, the Company valued the conversion feature of the convertible promissory note described in note 7(a) using the Black-Scholes option pricing model with the following assumptions:

 

Expected life     0.75 years  
Expected volatility     226 %
Share price   $ 0.15  
Risk-free interest rate     0.48 %
Expected dividend yield     Nil  

 

At December 31, 2016, the Company revalued the conversion feature of the convertible promissory note using the following assumptions:

 

Expected life     0.22 years  
Expected volatility     246 %
Share price   $ 0.035  
Risk-free interest rate     0.51 %
Expected dividend yield    

 Nil

  

 

At origination, the Company valued the conversion feature of the convertible promissory note described in note 7(b) using the following assumptions:

 

Expected life     0.97 years  
Expected volatility     197 %
Share price   $ 0.15  
Risk-free interest rate     0.48 %
Expected dividend yield    

Nil

 

  

 

At December 31, 2016, the Company revalued the conversion feature of the convertible promissory note using the following assumptions:

  

Expected life     0.49 years  
Expected volatility     166 %
Share price   $ 0.035  
Risk-free interest rate     0.62 %
Expected dividend yield     Nil