Annual report pursuant to Section 13 and 15(d)

Derivative Financial Instruments (Tables)

v3.19.3
Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2018
Investments, All Other Investments [Abstract]  
Schedule of Derivative Liabilities

A summary of the activity of the derivative liabilities is shown below:

 

       
Balance, January 1, 2018   $  
Additions     30,012  
Fair value adjustments     7,001  
As at December 31, 2018   $ 37,013  
Schedule of Derivative Liability of Fair Value Assumption

Expected life was determined based on historical exercise data of the Company.

 

    December 31, 2018  
Risk-free interest rate     2.48% - 2.88%  
Expected life     2.4 - 3.0 years  
Expected dividend rate     0 %
Expected volatility     202% - 293%