v3.26.1
Warrants
 12 Months Ended
Jan. 31, 2026
Warrants  
Warrants

NOTE 10 – Warrants

 

As of January 31, 2026, there were 16,621,508 warrants outstanding and 16,113,976 warrants exercisable. The warrants have a weighted average remaining life of 1.03 years and a weighted average exercise price of $0.12 per warrant for one common share. Warrants outstanding on January 31, 2026 and 2025 are as follows:

 

  

Number of

warrants

   Weighted
average
exercise price
per share		 
         
Outstanding, January 31, 2025   14,254,813    0.21 
Issued   566,787    0.11 
Expired   (1,410,018)   0.52 
Exercised   –    – 
Outstanding, January 31, 2025   13,411,582    0.17 
Issued   3,486,131    0.08 
Expired   (276,205)   1.94 
Exercised   –    – 
Outstanding, January 31, 2026   16,621,508    0.12 
           
Exercisable, January 31, 2026   16,113,976    0.10 

 

The weighted average intrinsic value for warrants outstanding was $11,700 and $843,373 as of January 31, 2026 and 2025, respectively.