Annual report pursuant to Section 13 and 15(d)

Note 16 - Subsequent Events

v3.20.1
Note 16 - Subsequent Events
 12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Subsequent Events [Text Block]
16.
 Subsequent events
 
(a)
 Subsequent to the year end, the Company issued
5,808,834
stock options with an average exercise price of
$6.82.
The stock options vest
50%
after
one
year and
16.67%
on each of the next
three
anniversaries, except for
861,834
options which vest
50%
after
one
year and
25%
on each of the next
two
anniversaries.
 
(b)
 Subsequent to the year end, the Company issued
161,775
common shares upon the exercise of stock options, with an average exercise price of
$2.68.