Annual reports filed by certain Canadian issuers pursuant to Section 15(d) and Rule 15d-4

EQUITY (Tables)

v3.22.1
EQUITY (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure of classes of share capital [abstract]  
Disclosure of composition of share capital [Table Text Block]
   
December 31, 2021
   
December 31, 2020
 
   
Authorized
   
Issued and outstanding
   
Authorized
   
Issued and outstanding
 
   
Number of shares
 
                         
Common Shares without par value
    Unlimited       68,217,894       Unlimited       39,765,799  
Disclosure of changes in issued and outstanding share capital [Table Text Block]
   
Number of shares
 
       
Balance as of January 1, 2020
    36,435,837  
         
Common Shares issued as a result of Warrants and Compensation options exercised
    3,169,769  
Common Shares issued as a result of options exercises
    160,193  
         
Balance as of December 31, 2020
    39,765,799  
         
Common Shares issued as a result of Warrants and Compensation options exercised
    633,784  
Common Shares issued as a result of options exercises
    517,346  
Purchase of treasury common shares
    (101,649
)
Common Shares issued related secondary transaction and business combinations
    27,402,614  
         
Balance as of December 31, 2021
    68,217,894  
Disclosure of detailed information about options, valuation assumptions [Table Text Block]
   
Year ended
December 31,
 
   
2021
   
2020
 
             
Exercise price (in CAD)
 
 
$4.5 - $10.12
   
 
$1.6 - $8.56
 
Dividend yield (%)
    -       -  
Expected life of share options (Years)
   
3-4
     
2.77 - 9
 
Volatility (%)
   
80.61-83.68
     
74.8 - 80.39
 
Annual risk-free rate (%)
   
0.52-0.77
     
0.25 – 0.37
 
Share price (in CAD)
 
 
$10.02    
 
$1.48 – $8.56
 
Disclosure of restricted share units [Table Text Block]
   
Number of RSU
 
       
Outstanding at the beginning of the year
   
-
 
         
Granted during the year
    550,000  
         
Outstanding at the end of the year
    550,000  
         
Exercisable at the end of year
   
229,006
 
Disclosure of number and weighted average exercise prices of share options [Table Text Block]
   
Year ended December 31, 2021
 
   
Number of options
   
Weighted average exercise price
 
         
in CAD
 
             
Options outstanding at the beginning of the year
    3,154,870       2.2  
                 
Options granted during the year
    2,964,265       6.2  
Options exercised during the year
    (517,346
)
    2.43  
Options forfeited during the year
    (158,544
)
    4.08  
                 
Options outstanding at the end of year
    5,443,245       3.91  
                 
Options exercisable at the end of year
    1,888,480       2  

 

 
   
Year ended December 31, 2020
 
   
Number of options
   
Weighted average exercise price
 
         
in CAD
 
             
Options outstanding at the beginning of the year
    2,940,000       1.6  
                 
Options granted during the year
    905,000       4.24  
Options exercised during the year
    (160,193
)
    1.8  
Options forfeited during the year
    (529,937
)
    1.8  
                 
Options outstanding at the end of year
    3,154,870       2.2  
                 
Options exercisable at the end of year
    1,328,770       1.8