Capital Stock (Tables)

3 Months Ended

Jul. 31, 2017

Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]

		Exercise	Expiry
Number		Price	Date
437,500	$	0.60	June 17, 2018
62,500	$	0.60	July 17, 2018
147,056	$	0.60	July 28, 2018
111,765	$	0.60	October 3, 2018
1,000,000	$	0.60	November 22, 2018
80,883	$	0.60	February 17, 2019
187,500	$	0.60	February 22, 2019
36,764	$	0.60	March 23, 2019
31,250	$	0.60	June 5, 2019

2,095,217

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References + Details

GARMATEX HOLDINGS LTD. 10-Q