Annual report pursuant to Section 13 and 15(d)

STOCK PURCHASE OPTIONS AND WARRANTS (Tables)

v3.3.1.900
STOCK PURCHASE OPTIONS AND WARRANTS (Tables)
12 Months Ended
Nov. 30, 2015
Nov. 30, 2014
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
    Number of options  
    2015     2014  
             
Outstanding, beginning of year   3,360,000     1,510,000  
Granted   1,675,000     3,025,000  
Expired   (200,000 )   (125,000 )
Exercised   (35,000 )   (50,000 )
Forfeited   -     -  
Cancelled   (50,000 )   (1,000,000 )
Outstanding, end of year   4,750,000     3,360,000  
Exercisable, end of year   4,750,000     3,360,000  
 
Schedule of Share-based Compensation, Stock Options [Table Text Block]
2015         Number of  
    Option price     options  
Expiry date   per share     2015  
October 25, 2016 $ 0.45     100,000  
March 18, 2017 $ 0.31     350,000  
August 5, 2017 $ 0.32     150,000  
May 8, 2019 $ 0.32     600,000  
September 10, 2019 $ 0.36     1,875,000  
October 19, 2020 $ 0.29     1,675,000  
TOTAL         4,750,000  
             
Weighted average exercise price:            
Options outstanding at end of year       0.33  
Options granted during the year         0.29  
Options exercised during the year         0.20  
Options expired during the year         0.42  
Options forfeited/cancelled during the year         0.31  
2014            
          Number of  
    Option price     options  
Expiry date   per share     2014  
June 15, 2015 $ 0.20     35,000  
October 2, 2015 $ 0.42     200,000  
October 25, 2016 $ 0.45     100,000  
March 18, 2017 $ 0.31     400,000  
August 5, 2017 $ 0.32     150,000  
May 8, 2019 $ 0.32     600,000  
September 10, 2019 $ 0.36     1,875,000  
             
TOTAL         3,360,000  
             
Weighted average exercise price:            
Options outstanding at end of year       $ 0.35  
Options granted during the year         0.34  
Options exercised during the year         0.25  
Options expired during the year         0.25  
Options forfeited/cancelled during the year         0.45  
Share-based Compensation Arrangement by Share-based Payment Award, Remaining Contractual Term, Outstanding and Exercisable [Table Text Block]
    2015     2014  
    (Years)     (Years)  
Total outstanding options   3.8     4.0  
Total exercisable options   3.8     4.0  
 
Schedule of Stockholders' Equity Note, Warrants or Rights, Activity [Table Text Block]
    Number of              
    Warrants     Exercise     Expiry  
    Granted     Prices     Date  
           $        
Outstanding at November 30, 2013 and average exercise price   5,542,645     0.23        
Granted in year 2014   151,900     0.45     8/5/2016  
Exercised   -     -        
Forfeited   -     -        
Expired   (850,000 )   0.25        
Expired   (50,000 )   0.25        
Cancelled   -     -        
Outstanding at November 30, 2014 and average exercise price   4,794,545     0.24        
Granted in year 2015   -     -        
Exercised   (27,500 )   0.20        
Exercised   (68,750 )   0.13        
Exercised   (9,350 )   0.25        
Forfeited   -     -        
Expired   (622,500 )   0.20        
Expired   (75,000 )   0.42        
Expired   (1,223,645 )   0.47        
Cancelled   -     -        
Outstanding at November 30, 2015 and average exercise price*   2,767,800     0.17        
                   
Exercisable at November 30, 2015   2,767,800     0.17        
Exercisable at November 30, 2014   4,794,545     0.24        
 
Schedule of Stockholders' Equity Note, Warrants or Rights, Weighted Average Remaining Contractual Term, Outstanding and Exercisable [Table Text Block]
    2015     2014  
    (Years)     (Years)  
Total outstanding warrants   2.87     0.9  
Total exercisable warrants   2.87     0.9