v3.25.1
Warrants
3 Months Ended
Mar. 31, 2025
Warrants  
Warrants

Note 6.  Warrants

 

Warrant transactions for the three-months ended March 31, 2025 are summarized as follows:

        
   Number of
Warrants
   Weighted Average Exercise Price 
         $ 
Outstanding, December 31, 2024   6,000,000    0.028 
   Warrants granted   13,200,000    0.01 
Outstanding at March 31, 2025   19,200,000    0.017 

  

The following warrants were outstanding and exercisable as at March 31, 2025:

        
Number of Warrants   Exercise Price   Expiry Date
         
 6,000,000    0.028   December 12, 2028 
 500,000*   0.01   February 17, 2026
 1,500,000*   0.01   February 20, 2026
 500,000*   0.01   February 21, 2026  
 2,000,000*   0.01   February 28, 2026
 750,000*   0.01   March 15, 2026
 450,000*   0.01   March 15, 2026
 7,500,000*   0.01   March 27, 2026
 19,200,000        Total

 

* Each warrant exercises into ½ share of common stock.