v3.25.1
Condensed Interim Consolidated Statements of Cash Flows (Unaudited) - CAD ($)
 3 Months Ended 12 Months Ended
Mar. 31, 2025
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
OPERATING ACTIVITIES        
Net loss for the year   $ (15,228,330) $ (9,347,180)  
Items not affecting cash:        
DSUs granted   281,249  
Fair value movement of DSUs   (10,824) (226,602)  
Share-based compensation   1,027,581 389,612  
Depreciation   635,828 364,228  
Provision for leave and severance   76,567 123,102  
Accrued interest and accretion on loans   170,847 240,904  
Accrued interest on lease liability   69,700  
Loss on Term Loan extinguishment $ (5,982,434) 5,982,434  
Changes in non-cash working capital        
Prepaid expenses and other receivables   282,670 142,492  
Trade payables and accrued expenses   768,263 (523,454)  
Net cash used in operating activities   (6,294,964) (8,485,949)  
INVESTING ACTIVITIES        
Acquisition of property, plant and equipment   (50,033) (1,051,902)  
Net cash used in investing activities   (50,033) (1,051,902)  
FINANCING ACTIVITIES        
Proceeds from issuance of units   46,000,000  
Share issue costs   (397,250)  
Vehicle loan repayments, net of financing   (34,518) (24,840)  
Lease payments   (329,635)  
Net cash provided by (used in) financing activities   45,568,232 (354,475)  
Effect of exchange rate changes on cash and cash equivalents   137,671 13,519  
Change in cash and cash equivalents for the period   39,360,906 (9,878,807)  
Cash and cash equivalents at the beginning of the period   6,105,933 19,245,628 $ 19,245,628
Cash and cash equivalents at the end of the period $ 45,466,839 45,466,839 9,366,821 $ 6,105,933
Supplemental cash flow information        
Income taxes paid    
Interest paid   $ 273,731 $ 592,440