v3.26.1
Consolidated Statements of Changes in Shareholders' Deficit - CAD ($)
Share Capital
Warrants
Equity Component of Convertible Debentures
Contributed Surplus
Accumulated Deficit
Total
Balance beginning (in shares) at Dec. 31, 2023 161,182,098          
Balance beginning at Dec. 31, 2023 $ 85,894,218 $ 1,694,494 $ 2,671,669 $ 8,737,314 $ (106,215,303) $ (7,217,608)
Share issuance financing (in shares) 7,141,784          
Share issuance financing $ 1,814,999         1,669,604
Share issuance costs (145,395)          
Flow-through premium $ (106,716)         $ (106,716)
Convertible debenture conversion (in shares) 1,594,314         1,594,314
Convertible debenture conversion $ 326,565   (12,303)     $ 314,262
Share-based compensation       756,784   756,784
Net loss for the year         (5,230,946) (5,230,946)
Balance ending (in shares) at Dec. 31, 2024 169,918,196          
Balance ending at Dec. 31, 2024 $ 87,783,671 1,694,494 2,659,366 9,494,098 (111,446,249) (9,814,620)
Share issuance financing (in shares) 4,038,955          
Share issuance financing $ 1,130,907         1,130,907
Share issuance financing, flow-through (in shares) 4,350,000          
Share issuance financing, flow-through $ 2,175,000         2,175,000
Share issuance costs $ (252,277)         $ (252,277)
Stock options exercised (in shares) 2,952,500         2,952,500
Stock options exercised $ 1,350,728     (539,578)   $ 811,150
Warrants exercised (in shares) 2,019,477          
Warrants exercised $ 807,791         $ 807,791
Convertible debenture conversion (in shares) 26,335,252         26,088,257
Convertible debenture conversion $ 5,025,114   (172,626)     $ 4,852,488
Shares issued to settle RSUs vested (in shares) 1,000,000         1,000,000
Shares issued to settle RSUs vested $ 300,000     (300,000)    
Share-based compensation       2,464,626   $ 2,464,626
Reclassification of equity component of convertible debentures to deficit     $ (2,486,740)   2,486,740  
Net loss for the year         (5,524,828) (5,524,828)
Balance ending (in shares) at Dec. 31, 2025 210,614,380          
Balance ending at Dec. 31, 2025 $ 98,320,934 $ 1,694,494   $ 11,119,146 $ (114,484,337) $ (3,349,763)