Quarterly report pursuant to Section 13 or 15(d)

Interim Consolidated Statements of Cash Flows

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Interim Consolidated Statements of Cash Flows - USD ($)
 9 Months Ended
Aug. 31, 2017
Aug. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss for the period $ (1,361,181) $ (1,343,954)
Items not requiring an outlay of cash:    
Amortization of deferred financing costs 65,915 47,892
Amortization of debt discount 174,038 0
Foreign currency translation loss 72,246 0
Accrued interest converted to convertible debentures 26,809 0
Stock-based compensation 197,378 2,574
Change in fair value of derivative liabilities (664,413) 0
Issue of common shares for services 150,000 0
Depreciation 42,596 34,886
Changes in non-cash working capital:    
Accounts receivable 5,301 22,944
Prepaid expenses and other receivables 31,534 (55,434)
Inventory (202,980) 27,335
Accounts payable and accrued liabilities 81,795 (83,764)
NET CASH USED IN OPERATING ACTIVITIES (1,380,962) (1,347,521)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (21,703) 0
NET CASH USED IN INVESTING ACTIVITIES (21,703) 0
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from promissory note 70,640 0
Repayment of convertible debentures (66,640) 0
Net proceeds from convertible debentures 1,433,716 0
NET CASH PROVIDED BY FINANCING ACTIVITIES 1,437,716 0
Effects of foreign currency exchange rate changes 27,017 (15,276)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENT FOR THE PERIOD 62,068 (1,362,797)
Cash and cash equivalent, beginning of period 192,826 1,851,021
CASH AND CASH EQUIVALENT, END OF PERIOD 254,894 488,224
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS:    
INCOME TAXES PAID 0 0
INTEREST PAID $ 103,840 $ 161,372