Stockholders' deficiency (Details Textuals 7)
12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Jan. 25, 2014
Dec. 31, 2013
Warrants
USD ($)
Dec. 31, 2011
Warrants
Dec. 31, 2013
Issued as broker warrants
Dec. 31, 2013
Issued as broker warrants
March 1st, 2015
Dec. 31, 2013
Issued for services
Dec. 31, 2013
Issued for services
Installments
Dec. 31, 2013
Placement Agent Warrants [Member]
USD ($)
Stockholders Equity Note [Line Items]                    
Fair value of contingent warrant 5,250,000 [1] 105,000 [2]     500,000          
Exercise price of warrants (in Canadian dollars per warrant)           1.20     1.76  
Exercise of CDN $0.50 unit warrants               0.50    
Number of warrants expired             100,000      
Number of placement agent warrants issued       200,000       345,000   5,250,000
Number of warrants exercisable     20,000              
Number of installments for vesting of warrants                 12  
Vesting period of warrant               12 months    
Non cash issue costs allocated to common stock       $ 123,810           $ 4,087,586
Non cash issue costs allocated to derivative liability                   $ 2,201,008
Fair value assumptions dividend rate                   0.00%
Fair value assumptions volatility rate                   104.00%
Fair value assumptions risk free rate                   1.00%
Fair value assumptions expected term                   5 years
[1] As part of the Company's unit offering the Company has issued 5,250,000 Placement Agent Warrants (note 8(f)). The Placement Agent Warrants have been recognized as non-cash issue costs and the costs have been allocated to common stock and derivative liability. The portion allocated to additional paid in capital was $4,087,586 and the portion allocated to derivative liability was $2,201,008. The Placement Agent warrants have been valued using a simulated probability valuation model using the following assumptions: dividend rate - 0%, volatility - 104%, risk free rate - 1.0% and a term of five years.
[2] The Company has issued broker warrants as finder's fees in relation to the issuance of certain units. All of the warrants were issued on March 1, 2012 and have an exercise price of CDN $0.50 per warrant. Of the total, 100,000 expire March 1, 2015 and 5,000 expire March 1, 2014.