Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.20.1
STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Feb. 29, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

 

Risk free rate     1.07—1.68 %
Expected dividends     0 %
Expected volatility     143.90—144.28 %
Expected life     5 years  
Market price of the Company’s common stock on date of grant   $ 0.19  

Exercise price

  $ 0.19  

 

 

 

Share-based Payment Arrangement, Option, Activity [Table Text Block]
    Stock     Weighted Average
Exercise Price Per Stock
Option 
 
    Options     CDN$     USD$  
Outstanding, November 30, 2019   2,911,667     0.19     0.14  
Granted   4,027,500     0.25     0.19  
Expired   (50,000 )   (0.38 )   (0.29 )
Cancelled            
Outstanding, February 29, 2020   6,889,167     0.23     0.17  
Exercisable, February 29, 2020   4,889,167     0.23     0.17  

 

 

 

 

Schedule of Incentive Warrants, Valuation Assumptions [Table Text Block]

 

Risk free rate   1.47%  
Expected dividends   0%  
Expected volatility   56.92 %  
Expected life   1.1 years  
Market price of the Company’s common stock on date of grant $  0.22  

Exercise price

$   0.25