Quarterly report pursuant to Section 13 or 15(d)

Condensed Interim Consolidated Statements of Cash Flows

v3.8.0.1
Condensed Interim Consolidated Statements of Cash Flows - USD ($)
 3 Months Ended
Feb. 28, 2018
Feb. 28, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss for the period $ (355,712) $ (139,968)
Items not requiring an outlay of cash:    
Value of issue of options (included in selling, general and administration expenses) 16,734 0
Amortization of deferred financing costs 0 45,281
Accretion 28,748 68,662
Foreign currency translation loss 8,027 13,822
Accrued interest converted to convertible debentures 0 26,809
Change in fair value of derivative liabilities (1,391) (571,648)
Issue of common shares for services 0 50,000
Depreciation 3,353 11,972
Changes in non-cash working capital:    
Accounts receivable 19,136 25,250
Prepaid expenses and other receivables (151,753) (23,963)
Inventory (33,238) (37,693)
Accounts payable and accrued liabilities (7,228) 53,825
NET CASH USED IN OPERATING ACTIVITIES (473,324) (477,651)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (2,456) (21,703)
NET CASH USED IN INVESTING ACTIVITIES (2,456) (21,703)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net proceeds from secured convertible debentures 0 1,433,716
Repayment of unsecured convertible debentures (40,357) 0
NET CASH (USED) PROVIDED BY FINANCING ACTIVITIES (40,357) 1,433,716
Effects of foreign currency exchange rate changes (11,319) 22,712
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS FOR THE PERIOD (527,456) 957,074
Cash and cash equivalents, beginning of period 1,965,043 192,826
CASH AND CASH EQUIVALENTS, END OF PERIOD 1,437,587 1,149,900
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS:    
INCOME TAXES PAID 0 0
INTEREST PAID $ 2,574 $ 35,307