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 $)
 6 Months Ended
May 31, 2014
May 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss for the period $ (1,109,531) $ (1,032,410)
Items not requiring an outlay of cash:    
Fair value of options and warrants (included in general and administration expenses) 188,470 99,245
Depreciation 21,539 17,181
Amortization of debt discount 0 8,022
Changes in non-cash working capital:    
Accounts receivable 7,579 0
Prepaid expenses and other receivables (15,854) 1,073
Inventory (33,024) 0
Deferred costs 0 (61,230)
Accounts payable and accrued liabilities* (13,947) 231,531
NET CASH USED IN OPERATING ACTIVITIES (954,768) (736,588)
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisition of Plant and Equipment (37,625) (45,219)
NET CASH USED IN INVESTING ACTIVITIES (37,625) (45,219)
CASH FLOWS FROM FINANCING ACTIVITIES    
Loan from related party 0 96,700
Loan from non-related parties 0 531,850
NET CASH PROVIDED BY FINANCING ACTIVITIES 0 628,550
Effects of foreign currency exchange rate changes (18,943) 0
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS FOR THE PERIOD (1,011,336) (153,257)
Cash, beginning of period 1,842,149 232,471
CASH AND CASH EQUIVALENT END OF PERIOD 830,813 79,214
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS:    
INCOME TAXES PAID 0 0
INTEREST PAID $ 0 $ 0