Capital Management
The Company’s capital management objectives are to safeguard its ability to provide returns for shareholders and benefits for other stakeholders, by ensuring it has sufficient cash resources to fund its activities, to pursue its commercialization efforts and to maintain its ongoing operations. The Company includes long-term debt and shareholders’ equity (deficit) in the definition of capital.
The below table sets forth the Company’s capital structure:
|
| | | | |
As at | Dec 31, 2017 |
| Dec 31, 2016 |
|
Long-term debt (Note 14) | 3,688,418 |
| 3,707,543 |
|
Shareholders' Equity (Deficit) | (1,910,513 | ) | (377,573 | ) |
| 1,777,905 |
| 3,329,970 |
|
