Quarterly report pursuant to Section 13 or 15(d)

Condensed Interim Consolidated Statements of Cash Flows

v3.10.0.1
Condensed Interim Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended
May 31, 2018
May 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss for the period $ (840,021) $ (821,556)
Items not requiring an outlay of cash:    
Value of issue of options (included in selling, general and administration expenses) 35,582 152,216
Amortization of deferred financing costs 0 55,598
Accretion 58,111 155,271
Foreign currency translation gain (11,600) (6,811)
Accrued interest converted to convertible debentures 0 26,809
Change in fair value of derivative liabilities 61,349 (595,700)
Issue of common shares for services 162,500 150,000
Depreciation 6,759 25,122
Changes in non-cash working capital:    
Accounts receivable (95,443) 10,171
Prepaid expenses and other receivables (132,160) 32,218
Inventory (21,848) (225,377)
Accounts payable and accrued liabilities (107,361) 11,015
NET CASH USED IN OPERATING ACTIVITIES (884,132) (1,031,024)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of patents (110,000) 0
Purchase of property and equipment (11,114) (21,703)
NET CASH USED IN INVESTING ACTIVITIES (121,114) (21,703)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net proceeds from 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 (639) 21,973
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS FOR THE PERIOD (1,046,242) 402,962
Cash and cash equivalents, beginning of period 1,965,043 192,826
CASH AND CASH EQUIVALENTS, END OF PERIOD 918,801 595,788
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS:    
INCOME TAXES PAID 0 0
INTEREST PAID $ 67,179 $ 94,989