v3.25.2
Note 19 - Subsequent Event
12 Months Ended
Mar. 31, 2025
Statement Line Items [Line Items]  
Disclosure of non-adjusting events after reporting period [text block]

19.

SUBSEQUENT EVENTS

 

Subsequent to year ended March 31, 2025 the Company:

 

i)            issued 31,250 common shares to a non-related consulting firm for services. The common shares were subsequently returned and cancelled.

 

ii)          initiated a warrant incentive program, reducing the exercise price of 487,848 warrants from $4.00 to $1.75 until June 5, 2025.  As an incentive, upon exercise, the holder will receive an incentive warrant exercisable at $2.20 for one year from the date of issuance. 480,494 warrants were exercised subsequent to year end leaving 7,354 of the original warrants exercisable at $4.00 through March 13, 2026. The following replacement warrants were issued.

 

Expiry Date

 

 

Exercise Price

  

Issued

 
         

May 6, 2026

 $2.20   48,784 

May 20, 2026

 $2.20   170,000 

May 22, 2026

 $2.20   40,883 

May 23, 2026

 $2.20   19,971 

May 26, 2026

 $2.20   2,945 

May 27, 2026

 $2.20   150,000 

June 4, 2026

 $2.20   47,911 

Total

      480,494