Long-Term Debt
9 Months Ended
Nov. 30, 2018
Notes to Financial Statements  
Note 5. Long-Term Debt

    November 30, 2018     February 28, 2018  
Instalment loan   $ 1,008,697     $ 1,088,426  
Less current portion     52,628       54,649  
Non-current portion   $ 956,069     $ 1,033,777  

 

Interest paid on the instalment loan during the three and nine months ended November 30, 2018 amounted to $15 thousand and $41 thousand respectively (2017 – nil). As at November 30, 2018, the Company was in compliance with its financial covenants.