Pacific Green (PGTK) 10-Q 12 Sep 17 2018 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Jun. 30, 2017	Sep. 08, 2017
Document and Entity Information [Abstract]
Entity Registrant Name	Pacific Green Technologies Inc.
Entity Central Index Key	1,553,404
Trading Symbol	PGTK
Amendment Flag	false
Current Fiscal Year End Date	--03-31
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2,018
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		26,830,763

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2017	Mar. 31, 2017
ASSETS
Cash	$ 527,639	$ 382,167
Amounts receivable	5,057	25,780
Prepaid expenses	146,571	11,004
Due from related parties (Note 9)	25,081	24,987
Total Current Assets	704,348	443,938
Property and equipment (Note 3)	1,518,164	1,327,196
Intangible assets (Note 4)	11,278,927	11,497,880
Total Assets	13,501,439	13,269,014
Current Liabilities
Accounts payable and accrued liabilities	722,432	860,050
Loan payable (Note 5)	334,986	361,931
Convertible debenture (Note 6)	90,000	90,000
Note payable, net of unamortized discount of $nil and $33,438, respectively (Note 8)	5,000,000	4,966,562
Due to related parties (Note 9)	3,943,713	4,110,693
Derivative liabilities (Note 7)	297,346	192,286
Total Liabilities	10,388,477	10,581,522
Nature of Operations and Continuance of Business (Note 1)
Commitments (Note 14)
Subsequent Events (Note 15)
Stockholders' Equity
Preferred stock, 10,000,000 shares authorized, $0.001 par value Nil shares issued and outstanding
Common stock, 500,000,000 shares authorized, $0.001 par value 26,830,763 and 26,297,430 shares issued and outstanding, respectively	26,831	26,297
Common stock issuable (Note 10)	770,000	50,000
Additional paid-in capital	66,582,083	65,907,617
Accumulated other comprehensive income	305,839	261,789
Deficit	(64,571,791)	(63,558,211)
Total Stockholders' Equity	3,112,962	2,687,492
Total Liabilities and Stockholders' Equity	$ 13,501,439	$ 13,269,014

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)	Jun. 30, 2017	Mar. 31, 2017
Statement of Financial Position [Abstract]
Unamortized discount, note payable, current		$ 33,438
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, shares authorized	500,000,000	500,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	26,830,763	26,297,430
Common stock, shares outstanding	26,830,763	26,297,430

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Expenses
Advertising and promotion	$ 15,850
Amortization of intangible assets (Note 4)	218,953	218,953
Consulting fees (Note 9)	101,803	209,257
Depreciation (Note 3)	2,356
Foreign exchange loss (gain)	98,471	(111,934)
Office and miscellaneous	46,831	35,409
Professional fees	39,529	64,604
Research and development	52,304	228,854
Transfer agent and filing fees	13,301	13,120
Travel	50,419	32,823
Total expenses	639,817	691,086
Loss before other income (expense)	(639,817)	(691,086)
Other income (expense)
Gain (loss) on change in fair value of derivative liabilities (Note 7)	(105,060)	257,237
Interest expense (Notes 5, 6, and 8)	(268,703)	(304,556)
Total other income (expense)	(373,763)	(47,319)
Net loss for the period	(1,013,580)	(738,405)
Other comprehensive income
Foreign currency translation gain	44,050	13,002
Comprehensive loss for the period	$ (969,530)	$ (725,403)
Net loss per share, basic and diluted	$ (0.04)	$ (0.03)
Weighted average number of shares outstanding	26,467,393	23,448,004

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Operating Activities
Net loss for the period	$ (1,013,580)	$ (738,405)
Adjustments to reconcile net loss to net cash used in operating activities:
Accretion of discounts on note payable and convertible debenture	33,438	79,556
Amortization of intangible assets	218,953	218,953
Depreciation	2,356
Imputed interest	225,000	225,000
Loss (gain) on change in fair value of derivative liabilities	105,060	(257,237)
Changes in operating assets and liabilities:
Amounts receivable	20,723	274
Prepaid expenses	(135,567)	(37,705)
Due from related party	(94)	(1,118)
Accounts payable and accrued liabilities	(137,618)	(29,313)
Due to related parties	63,837	141,086
Net Cash Used In Operating Activities	(617,492)	(398,909)
Investing Activities
Purchase of property and equipment	(87,647)
Net Cash Used In Investing Activities	(87,647)
Financing Activities
Proceeds from issuance of common stock and share subscriptions received	1,170,000	905,500
Proceeds from related parties		249
Repayments to related parties	(331,783)	(319,512)
Repayment of loan payable	(30,917)
Net Cash Provided by Financing Activities	807,300	586,237
Effect of Foreign Exchange Rate Changes on Cash	43,311	(76,768)
Increase in Cash	145,472	110,560
Cash, Beginning of Period	382,167	40,108
Cash, End of Period	527,639	150,668
Supplemental Disclosures:
Interest paid
Income taxes paid

Nature of Operations and Contin

Nature of Operations and Continuance of Business	3 Months Ended
	Jun. 30, 2017
Nature of Operations and Continuance of Business [Abstract]
Nature of Operations and Continuance of Business	1. Nature of Operations and Continuance of Business Pacific Green Technologies Inc. (the “Company”) is engaged in the commercialization and development of its proprietary emissions control and scrubber technologies. With its technical and manufacturing partners, the Company has developed applications for the marine, manufacturing, and utility sectors to reduce pollutants and contaminants from emissions. The Company's goal is to bring new emission control solutions to help address the world’s need for clean and sustainable energy. The accompanying condensed consolidated financial statements of the Company should be read in conjunction with the consolidated financial statements and accompanying notes filed with the U.S. Securities and Exchange Commission in the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2017. In the opinion of management, the accompanying condensed consolidated financial statements reflect all adjustments of a recurring nature considered necessary to present fairly the Company’s financial position and the results of its operations and its cash flows for the periods shown. The preparation of these condensed consolidated financial statements in accordance with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported. Actual results could differ materially from those estimates. The results of operations and cash flows for the periods shown are not necessarily indicative of the results to be expected for the full year. These condensed consolidated financial statements have been prepared on a going concern basis, which implies the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders and note holders, the ability of the Company to obtain necessary equity financing to continue operations, and ultimately the attainment of profitable operations. As at June 30, 2017, the Company has not generated any revenues, has a working capital deficit of $9,684,129, and has an accumulated deficit of $64,571,791 since inception. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern. These condensed consolidated financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

Significant Accounting Policies

Significant Accounting Policies	3 Months Ended
	Jun. 30, 2017
Significant Accounting Policies [Abstract]
Significant Accounting Policies	2. Significant Accounting Policies (a) Principles of Consolidation These condensed consolidated financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in U.S. dollars. These condensed consolidated financial statements include the accounts of the Company and the following entities: Pacific Green Technologies Marine Limited (PGTML) Wholly-owned subsidiary Pacific Green Technologies International Limited (“PGTIL”) Wholly-owned subsidiary Energy Park Sutton Bridge Ltd. (“EPSB”) Wholly-owned subsidiary of PGTIL Pacific Green Technologies Asia Limited ("PGTA") Wholly-owned subsidiary of PGTIL Pacific Green Technologies China Limited ("PGTC") Wholly-owned subsidiary of PGTA All inter-company balances and transactions have been eliminated. (b) Financial Instruments ASC 820, “Fair Value Measurements and Disclosures” requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 prioritizes the inputs into three levels that may be used to measure fair value: Level 1 Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. The Company’s financial instruments consist principally of cash, amounts receivable, amounts due from and to related parties, accounts payable and accrued liabilities, loan payable, convertible debenture, and note payable. The recorded values of all other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations. The following table represents assets and liabilities that are measured and recognized at fair value as of June 30, 2017, on a recurring basis: Level 1 Level 2 Level 3 Cash 527,639 – – Derivative liabilities – 297,346 – Total 527,639 297,346 – During the three months ended June 30, 2017, the Company recognized a loss on change in fair value of derivative liabilities of $105,060 (2016 - gain of $257,237). (c) Recent Accounting Pronouncements The Company has implemented all new accounting pronouncements that are in effect and that may impact its consolidated financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Property and Equipment

Property and Equipment	3 Months Ended
	Jun. 30, 2017
Property and Equipment [Abstract]
Property and Equipment	3. Property and Equipment Cost Accumulated June 30, March 31, Furniture and equipment 4,155 623 3,532 3,739 Leasehold improvements 25,784 6,446 19,338 21,487 Scrubber system 1,495,294 – 1,495,294 1,301,970 Total 1,525,233 7,069 1,518,164 1,327,196 As at June 30, 2017, the Company has not recorded depreciation on the scrubber system as it is still being manufactured and has not been placed in use.

Intangible Assets

Intangible Assets	3 Months Ended
	Jun. 30, 2017
Intangible Assets [Abstract]
Intangible Assets	4. Intangible Assets Cost Accumulated Impairment June 30, March 31, Patents and technical information 35,852,556 (4,116,374 ) (20,457,255 ) 11,278,927 11,497,880 On May 17, 2013, the Company entered into an Assignment of Assets agreement with EnviroTechnologies, Inc. (“Enviro”), a company with a common significant shareholder who has a significant influence on the operations of both companies. Pursuant to the agreement, the Company acquired various patents and technical information related to the manufacture of a wet scrubber for removing sulphur, other pollutants, and the particulate matter from diesel engine exhaust. In exchange for these assets, the Company waived all obligations owing to the Company as well as agreed to return a total of 88,876,443 of Enviro’s shares back to Enviro. The obligations waived consisted of $237,156 owing to the Company as well as $93,721 of debt owing to Pacific Green Group Limited (“PGG”), a company controlled by a shareholder of the Company who has a significant influence n the Company’s operations, which was assigned to the Company. This shareholder became a director of the Company on May 8, 2017. The Company entered into share exchange agreements with Enviro shareholders pursuant to which it issued shares of its common stock in exchange for shares of Enviro on a one-for-ten basis. The intangible assets acquired were recorded at cost and is being amortized using the straight-line method over the estimated useful life of 17 years.

Loan Payable

Loan Payable	3 Months Ended
	Jun. 30, 2017
Loan Payable [Abstract]
Loan Payable	5. Loan Payable As at June 30, 2017, PGTIL, the Company’s wholly owned subsidiary, owes $334,986 (£257,781) (March 31, 2017 - $361,931 (£289,144)) to a significant shareholder of the Company, which bears interest at 6.5% per annum, is unsecured, and is due on demand.

Convertible Debenture

Convertible Debenture	3 Months Ended
	Jun. 30, 2017
Convertible Debenture [Abstract]
Convertible Debenture	6. Convertible Debenture On November 10, 2015, the Company entered into a $110,000 convertible debenture with a non-related party, in exchange for $100,000, net of $10,000 for legal fees which have been deferred and will be amortized over the term of the debenture. Under the terms of the debenture, the amount is unsecured, bears interest at 10% per annum, and is due on November 10, 2016. The note is convertible into shares of common stock of the Company equal to the lower of: (a) $0.40 or (b) 60% of the lowest trading price of the Company’s common stock during the 20 consecutive trading days prior to the date of conversion. As at June 30, 2017, the Company recorded accrued interest of $21,649 (March 31, 2017 - $17,164), which has been included in accounts payable and accrued liabilities. The Company analyzed the conversion option under ASC 815, and determined that the conversion feature should be classified as a liability and recorded at fair value due to there being no explicit limit to the number of shares to be delivered upon settlement of the conversion option. In accordance with ASC 815, the Company recognized the intrinsic value of the embedded beneficial conversion feature of $110,000. During the three months ended June 30, 2017, the Company had amortized $nil (2016 - $12,420) of the debt discount to interest expense. On February 22, 2017, the Company issued 50,000 shares of common stock for the conversion of $20,000 of this debenture. As at June 30, 2017, the carrying value of the debenture was $90,000 (March 31, 2017 - $90,000) and the fair value of the derivative liability was $297,346 (March 31, 2017 - $192,286). Refer to Note 15(c).

Derivative Liabilities

Derivative Liabilities	3 Months Ended
	Jun. 30, 2017
Derivative Liabilities [Abstract]
Derivative Liabilities	7. Derivative Liabilities The Company records the fair value of the conversion price of the convertible debenture disclosed in Note 6 in accordance with ASC 815. The fair value of the derivative liabilities was calculated using a binomial option pricing model. The fair value of the derivative liabilities is revalued on each balance sheet date with corresponding gains and losses recorded in the consolidated statement of operations. During the three months ended June 30, 2017, the Company recorded a loss on the change in fair value of derivative liabilities of $105,060 (2016 - gain of $257,237). As at June 30, 2017, the Company recorded derivative liabilities of $297,346 (March 31, 2017 - $192,286). The following inputs and assumptions were used to calculate the fair value of the beneficial conversion feature of the convertible debenture outstanding as at June 30, 2017, assuming no expected dividends: June 30, Estimated common stock issuable upon extinguishment 405,996 Estimated exercise price per common share 0.28 Risk-free interest rate 1.03 % Expected volatility 161 % Expected life (in years) 0.25 A summary of the activity of the derivative liabilities is shown below: $ Balance, March 31, 2017 192,286 Mark-to-market adjustment 105,060 Balance, June 30, 2017 297,346

Note Payable

Note Payable	3 Months Ended
	Jun. 30, 2017
Note Payable [Abstract]
Note Payable	8. Note Payable June 30, March 31, Opening balance 4,966,562 4,786,493 Accretion of unamortized discount 33,438 180,069 Ending balance 5,000,000 4,966,562 Less: current portion (5,000,000 ) (4,966,562 ) Long-term portion – – On June 14, 2012, the Company entered into an Assignment and Share Transfer Agreement with PGG, a company controlled by a shareholder of the Company who has a significant influence on the Company’s operations, concerning the assignment of the Representation Agreement entered between PGG and Enviro and the purchase of 100% of the issued and outstanding common shares of PGTML, a subsidiary of PGG, in exchange for an aggregate of 5,000,000 shares of common stock as well as a $5,000,000 promissory note. The note payable will be repaid in instalments of $1,000,000 on the anniversary of the agreement beginning on June 12, 2013 with the income earned under the terms of the Representation Agreement. If the Company is unable to meet the repayment schedule, PGG will have the option to either roll over any unpaid portion to the following payment date or to convert the outstanding amount into shares of the Company’s stock. The note had been discounted at a market rate of 18% to arrive at the net present value of $3,127,171 as at June 12, 2012. The note is unsecured and cannot itself be used by PGG to cause the Company to become insolvent. During the three months ended June 30, 2017, the Company recorded imputed interest of $225,000 (2016 - $225,000) at a rate of 18% per annum which has been included in additional paid-in capital.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Jun. 30, 2017
Related Party Transactions [Abstract]
Related Party Transactions	9. Related Party Transactions (a) As at June 30, 2017, the Company was owed $25,081 (March 31, 2017 - $24,987) from a director of the Company. The amount owed is unsecured, non-interest bearing, and due on demand. (b) As at June 30, 2017, the Company owed $3,753,726 (March 31, 2017 - $3,945,833) to PGG, a company controlled by a shareholder and director of the Company who has a significant influence on the Company’s operations, of which $nil (March 31, 2017 - $25,127) was recorded in accounts payable and accrued liabilities. The amounts owing are unsecured, non-interest bearing, and due on demand. On July 20, 2016, the Company entered into a conversion agreement with the company controlled by a director of the Company, whereby up to $1,000,000 in outstanding amounts may be converted at a rate of $0.70 per share for a one year period between July 20, 2016 and July 20, 2017. The Company determined that the convertible debt contained no embedded beneficial conversion feature as the conversion price was the same as the fair market value of the Company’s common stock on the date of issuance. (c) As at June 30, 2017, the Company owed $204,281 (March 31, 2017 - $200,017) to directors of the Company, of which $14,294 (March 31, 2017 - $10,030) was recorded in accounts payable and accrued liabilities. The amounts owing are unsecured, non-interest bearing, and due on demand. (d) During the three months ended June 30, 2017, the Company incurred $60,000 (2016 – $60,000) in consulting fees to a company controlled by a director of the Company. (e) During the three months ended June 30, 2017, the Company incurred $3,837 (2016 – $57,220) in consulting fees to companies controlled by directors of the Company.

Common Stock

Common Stock	3 Months Ended
	Jun. 30, 2017
Common Stock [Abstract]
Common Stock	10. Common Stock (a) On June 1, 2017, the Company issued 33,333 shares of common stock relating to a non-brokered private placement at a price of $1.50 per share for proceeds of $50,000, which was recorded as common stock issuable as at March 31, 2017. (b) On June 1, 2017, the Company issued 500,000 shares of common stock relating to a non-brokered private placement at a price of $0.80 per share for proceeds of $400,000. (c) As at June 30, 2017, the Company had $770,000 of share subscription proceeds for 962,500 shares of common stock at a price of $0.80 per share relating to a non-brokered private placement, which was recorded in common stock issuable.

Share Purchase Warrants

Share Purchase Warrants	3 Months Ended
	Jun. 30, 2017
Share Purchase Warrants [Abstract]
Share Purchase Warrants	11. Share Purchase Warrants Number of Weighted Balance, March 31 and June 30, 2017 2,268,297 0.88 As at June 30, 2017, the following share purchase warrants were outstanding: Number of Exercise Expiry date 934,963 0.001 January 8, 2018 666,667 1.50 December 23, 2017 666,667 1.50 December 23, 2018 2,268,297

Stock Options

Stock Options	3 Months Ended
	Jun. 30, 2017
Stock Options [Abstract]
Stock Options	12. Stock Options The following table summarizes the continuity of stock options: Number of Weighted Weighted Aggregate Balance, March 31 and June 30, 2017 362,500 0.01 1.1 358,875 Additional information regarding stock options outstanding as at June 30, 2017 is as follows: Outstanding and exercisable Range of Number of shares Weighted average Weighted 0.01 362,500 1.1 0.01

Segmented Information

Segmented Information	3 Months Ended
	Jun. 30, 2017
Segmented Information [Abstract]
Segmented Information	13. Segmented Information The Company is located and operates in the United States and its subsidiaries are primarily located and operating in the United Kingdom and China. The Company's scrubber system is presently located in Europe while all other non-current assets are located in the United States. June 30, 2017 United Europe Total Property and equipment 22,870 1,495,294 1,518,164 Intangible assets 11,278,927 – 11,278,927 Total non-current assets 11,301,797 1,495,294 12,797,091

Commitments

Commitments	3 Months Ended
	Jun. 30, 2017
Commitments [Abstract]
Commitments	14. Commitments (a) On May 1, 2010, the Company entered into consulting agreements with Sichel Limited (“Sichel”), the parent company of PGG. Sichel will assist the Company in developing commercial agreements for green technology and the building of an international distribution centre. Effective December 31, 2013, this consulting agreement was assigned to Pacific Green Development Ltd., a company controlled by a shareholder of the Company who has a significant influence in the Company's operations. The agreement shall continue for four years with consideration as follows: i) Stock consideration to PGG or to any third party as directed by PGG of 5,000 ordinary shares of common stock of the Company upon signing of the agreement, which have been waived by PGG; ii) Monthly consultancy fees of $20,000 are to be paid within fourteen days of each month-end. If the Company is unable to pay this fee, then PGG has the option to elect to be paid 5,000 shares of common stock of the Company in lieu of cash; iii) Sales commission of 10% of sales value excluding shipping and local sales taxes; and iv) Finance commission of 10% of net proceeds of any funds raised by way of issued of stock, debt or convertible note after any brokers commission as introduced by PGG. (b) On November 17, 2015, PGTC entered into a commercial joint venture agreement (the “Agreement”) with a non-related party (the "Supplier") wherein the Supplier would receive and process orders, manufacture, and install products for the Company's customers. In return, the Company agreed to design the product and provide a technology license and technical support (the "Technology") to the Supplier. During the term of the Agreement, the Company will provide the Supplier with a non-transferrable right and license to use the Technology to manufacture and install the product within the Peoples’ Republic of China. Upon receiving each order from the Company, the Supplier and the Company shall submit to each other the respective estimated budgets. For each project, after receipt of the revenue from the relevant customer, the expenses of the Company and the Supplier shall be deducted and reimbursed from the revenue proportionally. The parties have agreed to share the gross profits at an even split of 50% each. Refer to Note 15(c). (c) On August 4, 2016, the Company entered into a three year lease agreement commencing November 15, 2016. The minimum lease payments over the remaining term of the lease are as follows: Fiscal year $ 2018 44,125 2019 61,229 2020 39,339 144,693 (d) On September 22, 2016, PGTC entered into a one year research and development agreement with a non-related party to conduct testing on the scrubber system after it is installed and accepted by a customer of the non-related party in Yancheng, China. Pursuant to the agreement, PGTC will pay $160,198 (RMB1,050,000) to the non-related party on each of the three and six month anniversaries from the date of acceptance of the system. (e) On November 19, 2016, the Company entered into an agreement with a non-related party for professional engineering and design services for the Company’s emission control systems. Pursuant to the agreement the Company shall pay $31,500 to the consultant on or before December 31, 2016, and a cash bonus of $20,000 to the Professional Chief Engineer of the consultant for the successful performance of the high sulphur test conducted at the joint venture project delivered by the Company and the non-related party. (f) On January 1, 2017, PGTC entered into a one year tooling development agreement with a non-related party to begin tooling for pending projects in advance of orders to facilitate shorter delivery times. Pursuant to the agreement, PGTC will pay $160,198 (RMB1,050,000), on the one year anniversary of the acceptance of the system. (g) On January 1, 2017, PGTC entered into a nine month sales and marketing agreement with a non-related party to conduct sales and marketing services for the scrubber system in China. Pursuant to the agreement, PGTC will pay $160,198 (RMB1,050,000), on the nine month anniversary of the acceptance of the system.

Subsequent Events

Subsequent Events	3 Months Ended
	Jun. 30, 2017
Subsequent Events [Abstract]
Subsequent Events	15. Subsequent Events (a) Subsequent to June 30, 2017, the Company received share subscription proceeds of $150,000 for shares of common stock at a price of $0.80 per share relating to a non-brokered private placement. (b) On July 14, 2017, the Company entered into a new memorandum of understanding (“MOU”) to define terms for a new joint venture (the “Venture”) with a non-related party replacing the joint venture agreement described in Note 14(b). The Company will hold 50.1% of the new Venture share capital and determine specified strategic decision making, and provide technical support. The Venture will be responsible for sales of ENVI-systems, manufacturing and support in the Asia and Russia regions. (c) On August 10, 2017, the Company was provided notice to convert $20,000 of the principal outstanding on the convertible debenture. Refer to Note 6.

Significant Accounting Polici21

Significant Accounting Policies (Policies)	3 Months Ended
	Jun. 30, 2017
Significant Accounting Policies [Abstract]
Principles of Consolidation	(a) Principles of Consolidation These condensed consolidated financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in U.S. dollars. These condensed consolidated financial statements include the accounts of the Company and the following entities: Pacific Green Technologies Marine Limited (PGTML) Wholly-owned subsidiary Pacific Green Technologies International Limited (“PGTIL”) Wholly-owned subsidiary Energy Park Sutton Bridge Ltd. (“EPSB”) Wholly-owned subsidiary of PGTIL Pacific Green Technologies Asia Limited ("PGTA") Wholly-owned subsidiary of PGTIL Pacific Green Technologies China Limited ("PGTC") Wholly-owned subsidiary of PGTA All inter-company balances and transactions have been eliminated.
Financial Instruments	Financial Instruments ASC 820, “Fair Value Measurements and Disclosures” requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 prioritizes the inputs into three levels that may be used to measure fair value: Level 1 Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. The Company’s financial instruments consist principally of cash, amounts receivable, amounts due from and to related parties, accounts payable and accrued liabilities, loan payable, convertible debenture, and note payable. The recorded values of all other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations. The following table represents assets and liabilities that are measured and recognized at fair value as of June 30, 2017, on a recurring basis: Level 1 Level 2 Level 3 Cash 527,639 – – Derivative liabilities – 297,346 – Total 527,639 297,346 – During the three months ended June 30, 2017, the Company recognized a loss on change in fair value of derivative liabilities of $105,060 (2016 - gain of $257,237).
Recent Accounting Pronouncements	(c) Recent Accounting Pronouncements The Company has implemented all new accounting pronouncements that are in effect and that may impact its consolidated financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Significant Accounting Polici22

Significant Accounting Policies (Tables)	3 Months Ended
	Jun. 30, 2017
Significant Accounting Policies [Abstract]
Schedule of assets and liabilities that are measured and recognized at fair value	Level 1 Level 2 Level 3 Cash 527,639 – – Derivative liabilities – 297,346 – Total 527,639 297,346 –

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
	Jun. 30, 2017
Property and Equipment [Abstract]
Schedule of property and equipment	Cost Accumulated June 30, March 31, Furniture and equipment 4,155 623 3,532 3,739 Leasehold improvements 25,784 6,446 19,338 21,487 Scrubber system 1,495,294 – 1,495,294 1,301,970 Total 1,525,233 7,069 1,518,164 1,327,196

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	Jun. 30, 2017
Intangible Assets [Abstract]
Schedule of intangible assets	Cost Accumulated Impairment June 30, March 31, Patents and technical information 35,852,556 (4,116,374 ) (20,457,255 ) 11,278,927 11,497,880

Derivative Liabilities (Tables)

Derivative Liabilities (Tables)	3 Months Ended
	Jun. 30, 2017
Derivative Liabilities [Abstract]
Schedule of convertible debentures outstanding	June 30, Estimated common stock issuable upon extinguishment 405,996 Estimated exercise price per common share 0.28 Risk-free interest rate 1.03 % Expected volatility 161 % Expected life (in years) 0.25
Summary of activity of derivative liabilities	$ Balance, March 31, 2017 192,286 Mark-to-market adjustment 105,060 Balance, June 30, 2017 297,346

Note Payable (Tables)

Note Payable (Tables)	3 Months Ended
	Jun. 30, 2017
Note Payable [Abstract]
Schedule of note payable	June 30, March 31, Opening balance 4,966,562 4,786,493 Accretion of unamortized discount 33,438 180,069 Ending balance 5,000,000 4,966,562 Less: current portion (5,000,000 ) (4,966,562 ) Long-term portion – –

Share Purchase Warrants (Tables

Share Purchase Warrants (Tables)	3 Months Ended
	Jun. 30, 2017
Share Purchase Warrants [Abstract]
Schedule of share purchase warrants	Number of Weighted Balance, March 31 and June 30, 2017 2,268,297 0.88
Schedule of share purchase warrants outstanding	Number of Exercise Expiry date 934,963 0.001 January 8, 2018 666,667 1.50 December 23, 2017 666,667 1.50 December 23, 2018 2,268,297

Stock Options (Tables)

Stock Options (Tables)	3 Months Ended
	Jun. 30, 2017
Stock Options [Abstract]
Summary of continuity of stock options	Number of Weighted Weighted Aggregate Balance, March 31 and June 30, 2017 362,500 0.01 1.1 358,875
Schedule of additional information regarding stock options outstanding	Outstanding and exercisable Range of Number of shares Weighted average Weighted 0.01 362,500 1.1 0.01

Segmented Information (Tables)

Segmented Information (Tables)	3 Months Ended
	Jun. 30, 2017
Segmented Information [Abstract]
Schedule of segment reporting information	June 30, 2017 United Europe Total Property and equipment 22,870 1,495,294 1,518,164 Intangible assets 11,278,927 – 11,278,927 Total non-current assets 11,301,797 1,495,294 12,797,091

Commitments (Tables)

Commitments (Tables)	3 Months Ended
	Jun. 30, 2017
Commitments [Abstract]
Schedule of minimum lease payments	Fiscal year $ 2018 44,125 2019 61,229 2020 39,339 144,693

Nature of Operations and Cont31

Nature of Operations and Continuance of Business (Details) - USD ($)	Jun. 30, 2017	Mar. 31, 2017
Nature of Operations and Continuance of Business (Textual)
Working capital deficit	$ 9,684,129
Accumulated deficit	$ (64,571,791)	$ (63,558,211)

Significant Accounting Polici32

Significant Accounting Policies (Details) - Fair value, measurements, recurring [Member]	Jun. 30, 2017USD ($)
Level 1 [Member]
Schedule of assets and liabilities that are measured and recognized in fair value
Cash	$ 527,639
Derivative liabilities
Total	527,639
Level 2 [Member]
Schedule of assets and liabilities that are measured and recognized in fair value
Cash
Derivative liabilities	297,346
Total	297,346
Level 3 [Member]
Schedule of assets and liabilities that are measured and recognized in fair value
Cash
Derivative liabilities
Total

Significant Accounting Polici33

Significant Accounting Policies (Details Textual) - USD ($)	3 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Significant Accounting Policies (Textual)
Fair value adjustment of derivative liabilities	$ (105,060)	$ 257,237

Property and Equipment (Details

Property and Equipment (Details) - USD ($)	Jun. 30, 2017	Mar. 31, 2017
Property, Plant and Equipment [Line Items]
Cost	$ 1,525,233
Accumulated amortization	7,069
Net carrying value	1,518,164	$ 1,327,196
Furniture and equipment [Member]
Property, Plant and Equipment [Line Items]
Cost	4,155
Accumulated amortization	623
Net carrying value	3,532	3,739
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Cost	25,784
Accumulated amortization	6,446
Net carrying value	19,338	21,487
Scrubber system [Member]
Property, Plant and Equipment [Line Items]
Cost	1,495,294
Accumulated amortization
Net carrying value	$ 1,495,294	$ 1,301,970

Intangible Assets (Details)

Intangible Assets (Details) - Patents and technical information [Member] - USD ($)	3 Months Ended
	Jun. 30, 2017	Mar. 31, 2017
Schedule of intangible assets
Cost	$ 35,852,556
Accumulated amortization	(4,116,374)
Impairment	(20,457,255)
Net carrying value	$ 11,278,927	$ 11,497,880

Intangible Assets (Details Text

Intangible Assets (Details Textual) - USD ($)	1 Months Ended	3 Months Ended
	May 17, 2013	Jun. 30, 2017
Intangible Assets (Textual)
Number of shares repurchased, value	$ 237,156
Estimated useful life		17 years
Enviro [Member]
Intangible Assets (Textual)
Number of shares repurchased	88,876,443
PGG [Member]
Intangible Assets (Textual)
Number of shares repurchased, value	$ 93,721

Loan Payable (Details)

Loan Payable (Details)	Jun. 30, 2017USD ($)	Jun. 30, 2017EGP	Mar. 31, 2017USD ($)	Mar. 31, 2017EGP
Loan Payable (Textual)
Loans payable	$ 334,986		$ 361,931
PGTIL [Member]
Loan Payable (Textual)
Loans payable	$ 334,986	EGP 257,781	$ 361,931	EGP 289,144
Bears interest	6.50%	6.50%	6.50%	6.50%

Convertible Debenture (Details)

Convertible Debenture (Details) - USD ($)	Nov. 10, 2015	Jun. 12, 2013	Feb. 22, 2017	Jun. 30, 2017	Jun. 30, 2016	Mar. 31, 2017
Convertible Debenture (Textual)
Convertible debenture	$ 110,000		$ 20,000	$ 90,000		$ 90,000
Exchange fees	100,000
Net legal fees	$ 10,000
Interest rate	10.00%
Convertible debenture, due date		Jun. 12, 2017
Accrued interest included in accounts payable and accrued liabilities				21,649		17,164
Intrinsic value of embedded beneficial conversion feature				110,000
Amortized of debt discount on convertible debentures				33,438	$ 79,556	180,069
Fair value of derivative liability				297,346		$ 192,286
Common stock issued for conversion, shares			50,000
Convertible Debt [Member]
Convertible Debenture (Textual)
Convertible debenture, due date	Nov. 10, 2016
Convertible debenture, description	The note is convertible into shares of common stock of the Company equal to the lower of: (a) $0.40 or (b) 60% of the lowest trading price of the Company’s common stock during the 20 consecutive trading days prior to the date of conversion.
Amortized of debt discount on convertible debentures					$ 12,420

Derivative Liabilities (Details

Derivative Liabilities (Details)	3 Months Ended
	Jun. 30, 2017$ / sharesshares
Schedule of convertible debentures outstanding
Estimated common stock issuable upon extinguishment | shares	405,996
Estimated exercise price per common share | $ / shares	$ 0.28
Risk-free interest rate	1.03%
Expected volatility	161.00%
Expected life (in years)	2 months 30 days

Derivative Liabilities (Detai40

Derivative Liabilities (Details 1)	3 Months Ended
	Jun. 30, 2017USD ($)
Schedule of derivative liabilities
Beginning Balance	$ 192,286
Mark-to-market adjustment	105,060
Ending Balance	$ 297,346

Derivative Liabilities (Detai41

Derivative Liabilities (Details Textual) - USD ($)	3 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Mar. 31, 2017
Derivative Liabilities (Textual)
Gain (loss) on change in fair value of derivative liabilities	$ (105,060)	$ 257,237
Derivative liabilities	$ 297,346		$ 192,286

Note Payable (Details)

Note Payable (Details) - USD ($)	3 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Mar. 31, 2017
Note Payable [Abstract]
Opening balance	$ 4,966,562	$ 4,786,493	$ 4,786,493
Accretion of unamortized discount	33,438	$ 79,556	180,069
Ending balance	5,000,000		4,966,562
Less: current portion	(5,000,000)		(4,966,562)
Long-term portion

Note Payable (Details Textual)

Note Payable (Details Textual) - USD ($)	Jun. 12, 2013	Jun. 14, 2012	Jun. 30, 2017	Jun. 30, 2016	Jun. 12, 2012
Note Payable (Textual)
Percentage of shares issued and outstanding		100.00%
Note repayment installment amount	$ 1,000,000
Discounted at a market rate	18.00%
Imputed interest			$ 225,000	$ 225,000
Imputed interest rate			18.00%	18.00%
Net present value of promissory note					$ 3,127,171
Due of payable	Jun. 12, 2017
PGG [Member]
Note Payable (Textual)
Number of shares issued to company		5,000,000
Promissory notes of common stock, shares		$ 5,000,000

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	1 Months Ended	3 Months Ended
	Jul. 20, 2016	Jun. 30, 2017	Jun. 30, 2016	Mar. 31, 2017
Related Party Transactions (Textual)
Accounts payable and accrued liabilities		$ 722,432		$ 860,050
Director [Member]
Related Party Transactions (Textual)
Amount owed to subsidiaries		25,081		24,987
Accounts payable and accrued liabilities				25,127
Debt outstanding for conversion	$ 1,000,000
Debt conversion price per share	$ 0.70
Debt conversion period	One year period between July 20, 2016 and July 20, 2017.
Consulting fees		60,000	$ 60,000
Director 1 [Member]
Related Party Transactions (Textual)
Amount owed to subsidiaries		204,281		200,017
Accounts payable and accrued liabilities		14,294		10,030
Consulting fees		3,837	$ 57,220
Shareholder [Member]
Related Party Transactions (Textual)
Amount owed to subsidiaries		$ 3,753,726		$ 3,945,833

Common Stock (Details)

Common Stock (Details) - USD ($)	Jun. 01, 2017	Jun. 30, 2017	Jun. 30, 2016
Common Stock (Textual)
Proceeds from issuance of common shares		$ 1,170,000	$ 905,500
Non-brokered private placement [Member]
Common Stock (Textual)
Shares of common stock issued, shares	33,333
Share issued per share price	$ 1.50
Proceeds from issuance of common shares	$ 50,000
Non-brokered private placement 1 [Member]
Common Stock (Textual)
Shares of common stock issued, shares	500,000
Share issued per share price	$ 0.80
Proceeds from issuance of common shares	$ 400,000
Common stock issuance [Member]
Common Stock (Textual)
Share issued per share price		$ 0.80
Proceeds from issuance of common shares		$ 962,500
Shares of common stock issued		$ 770,000

Share Purchase Warrants (Detail

Share Purchase Warrants (Details) - $ / shares	Jun. 30, 2017	Mar. 31, 2017
Share Purchase Warrants [Abstract]
Number of warrants	2,268,297	2,268,297
Weighted average exercise price	$ 0.88	$ 0.88

Share Purchase Warrants (Deta47

Share Purchase Warrants (Details 1)	3 Months Ended
	Jun. 30, 2017$ / sharesshares
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Number of warrants outstanding	2,268,297
Exercise Price 0.001 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Number of warrants outstanding	934,963
Exercise price | $ / shares	$ 0.001
Expiry date	Jan. 8, 2018
Exercise Price 1.50 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Number of warrants outstanding	666,667
Exercise price | $ / shares	$ 1.50
Expiry date	Dec. 23, 2017
Exercise Price 1.50 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Number of warrants outstanding	666,667
Exercise price | $ / shares	$ 1.50
Expiry date	Dec. 23, 2018

Stock Options (Details)

Stock Options (Details) - USD ($)	3 Months Ended	12 Months Ended
	Jun. 30, 2017	Mar. 31, 2017
Stock Options [Abstract]
Number of options	362,500	362,500
Weighted average exercise price	$ 0.01	$ 0.01
Weighted average remaining contractual life (years)	1 year 1 month 6 days	1 year 1 month 6 days
Aggregate intrinsic value	$ 358,875	$ 358,875

Stock Options (Details 1)

Stock Options (Details 1)	3 Months Ended
	Jun. 30, 2017$ / sharesshares
Stock Options [Abstract]
Range of exercise prices	$ 0.01
Outstanding and exercisable, Number of shares | shares	362,500
Outstanding and exercisable, Weighted average contractual life (years)	1 year 1 month 6 days
Outstanding and exercisable, Weighted average exercise price	$ 0.01

Segmented Information (Details)

Segmented Information (Details) - USD ($)	Jun. 30, 2017	Mar. 31, 2017
Segment Reporting Information [Line Items]
Property and equipment	$ 1,518,164	$ 1,327,196
Intangible assets	11,278,927	$ 11,497,880
Total non-current assets	12,797,091
United States [Member]
Segment Reporting Information [Line Items]
Property and equipment	22,870
Intangible assets	11,278,927
Total non-current assets	11,301,797
Europe [Member]
Segment Reporting Information [Line Items]
Property and equipment	1,495,294
Intangible assets
Total non-current assets	$ 1,495,294

Commitments (Details)

Commitments (Details)	Jun. 30, 2017USD ($)
Commitments [Abstract]
2,018	$ 44,125
2,019	61,229
2,020	39,339
Total	$ 144,693

Commitments (Details Textual)

Commitments (Details Textual)	Jan. 01, 2017USD ($)	Jan. 01, 2017CNY (¥)	May 01, 2010USD ($)shares	Nov. 19, 2016USD ($)	Sep. 22, 2016USD ($)	Sep. 22, 2016CNY (¥)	Nov. 17, 2015
Commitments (Textual)
Professional consultant				$ 31,500
Cash bonus of professional chief engineer				$ 20,000
Consulting Agreements [Member]
Commitments (Textual)
Supply commitment, description							The parties have agreed to share the gross profits at an even split of 50% each
Sichel Limited [Member] | Consulting Agreements [Member]
Commitments (Textual)
Term of agreement			4 years
Stock consideration to PGG | shares			5,000
Monthly consultancy fees			$ 20,000
Monthly consultancy fees payment description			Within fourteen days of each month-end.
Common stock issued for consulting agreement | shares			5,000
Percentage of sales commission			10.00%
Percentage of finance commission			10.00%
PGTC [Member]
Commitments (Textual)
Research and development arrangement					$ 160,198	¥ 1,050,000
PGTC One [Member]
Commitments (Textual)
Research and development arrangement	$ 160,198	¥ 1,050,000
PGTC Two [Member]
Commitments (Textual)
Research and development arrangement	$ 160,198	¥ 1,050,000

Subsequent Events (Details)

Subsequent Events (Details) - USD ($)	Aug. 10, 2017	Jun. 30, 2017	Jun. 30, 2016	Jul. 14, 2017
Subsequent Events (Textual)
Proceeds from issuance of common shares		$ 1,170,000	$ 905,500
Non-brokered private placement [Member]
Subsequent Events (Textual)
Share issued per share price		$ 0.80
Proceeds from issuance of common shares		$ 150,000
Subsequent Events [Member]
Subsequent Events (Textual)
Percentage of new venture share capital				50.10%
Principal outstanding on convertible debenture	$ 20,000