Share capital (Tables)
|
9 Months Ended |
Apr. 30, 2025 |
|---|
| Share capital [Abstract] |
|
| Share Purchase Warrants Outstanding |
The continuity of share purchase warrants is as follows:
| |
|
Number of
warrants
|
|
|
Weighted Average
Exercise price
|
|
|
Remaining
life (Years)
|
|
|
Balance, July 31, 2023
|
|
|
1,509,817
|
|
|
$
|
4.25
|
|
|
|
1.85
|
|
|
Exercised
|
|
|
(180,971
|
)
|
|
$
|
0.97
|
|
|
|
-
|
|
|
Balance, July 31, 2024
|
|
|
1,328,846
|
|
|
$
|
4.72
|
|
|
|
0.67
|
|
|
Issued on RTO (Note 4)
|
|
|
22,699,987 |
|
|
$ |
1.52 |
|
|
|
-
|
|
|
Exercised
|
|
|
(91,760
|
)
|
|
$
|
0.95
|
|
|
|
-
|
|
|
Expired
|
|
|
(1,038,016 |
) |
|
$ |
5.67 |
|
|
|
-
|
|
|
Balance, April 30, 2025
|
|
|
22,899,057
|
|
|
$
|
1.52
|
|
|
|
4.74
|
|
|
13.
|
Share capital (continued)
|
As at April 30, 2025, the following share purchase warrants were outstanding:
|
Number of warrants outstanding
|
|
Exercise price
|
|
Expiry date
|
|
|
12,999
|
|
CAD$13.08
|
|
June 30, 2025
|
|
|
186,071
|
|
CAD$1.31
|
|
September 29, 2026
|
|
|
22,699,987*
|
|
$1.52
|
|
November 6, 2029
|
|
|
22,899,057
|
|
|
|
|
|
*Each warrant exercisable for 0.9692
common stock.
|
| Stock Options Activity |
The continuity of the Company’s stock options is as follows:
| |
|
Number of
options
|
|
Weighted average
exercise price
|
|
Outstanding, October 31, 2024 and July 31, 2024
|
|
|
627,786
|
|
$4.01
|
|
Forfeited
|
|
|
(13,991 |
) |
$3.79 |
Granted
|
|
|
500,000 |
|
$0.23 |
| Cancelled |
|
|
(27,301 |
) |
$3.79 |
|
Outstanding, April 30, 2025
|
|
|
1,086,494
|
|
$2.28
|
|
Exercisable, July 31, 2024
|
|
|
334,964
|
|
$4.01
|
|
Exercisable, April 30, 2025
|
|
|
446,102
|
|
$3.99
|
|
| Stock Options Outstanding and Exercisable |
As at April 30, 2025, the following stock options were outstanding and exercisable:
|
Number of options
outstanding
|
|
|
Exercise price
|
|
|
Expiry date
|
|
|
Number of
options
exercisable
|
|
|
26,763
|
|
|
CAD$5.24
|
|
|
January 17, 2028
|
|
|
|
26,763
|
|
|
91,760
|
|
|
CAD$5.24
|
|
|
February 6, 2028
|
|
|
|
91,760
|
|
|
84,113
|
|
|
CAD$7.26
|
|
|
May 15, 2028
|
|
|
|
53,909
|
|
|
7,646
|
|
|
CAD$7.72
|
|
|
June 26, 2028
|
|
|
|
5,734
|
|
|
229,398
|
|
|
CAD$5.24
|
|
|
January 17, 2032
|
|
|
|
160,578
|
|
|
45,880
|
|
|
CAD$5.24
|
|
|
March 1, 2032
|
|
|
|
32,116
|
|
|
9,176
|
|
|
CAD$5.24
|
|
|
March 14, 2032
|
|
|
|
6,424
|
|
|
76,466
|
|
|
CAD$5.24
|
|
|
October 12, 2032
|
|
|
|
53,526
|
|
|
15,292
|
|
|
CAD$5.24
|
|
|
February 6, 2033
|
|
|
|
15,292
|
|
| 500,000 |
|
|
$0.23 |
|
|
March 26, 2030 |
|
|
|
- |
|
|
1,086,494
|
|
|
|
|
|
|
|
|
|
446,102
|
|
|
| RSUs Outstanding |
The continuity of the Company’s RSU’s is as follows:
| |
|
Number of RSU’s
|
|
|
Outstanding, July 31, 2023
|
|
|
1,036,892
|
|
|
Granted
|
|
|
177,949
|
|
Outstanding, July 31, 2024
|
|
|
1,214,841 |
|
Granted
|
|
|
305,867 |
|
Forfeited
|
|
|
(37,541 |
) |
|
Outstanding, April 30, 2025
|
|
|
1,483,167
|
|
As at April 30, 2025, the following RSUs were outstanding and vested:
|
Number of RSUs
outstanding
|
|
|
Grant date
|
|
Number of RSUs
Vested
|
|
| |
9,176
|
|
|
November 30, 2021
|
|
|
9,176
|
|
| |
382,335
|
|
|
December 24, 2021
|
|
|
267,634
|
|
| |
10,094
|
|
|
March 1, 2022
|
|
|
10,094
|
|
| |
627,029
|
|
|
March 14, 2022
|
|
|
452,684
|
|
| |
148,666
|
|
|
July 30, 2024
|
|
|
55,332
|
|
| |
305,867 |
|
|
March 26, 2025
|
|
|
214,107 |
|
| |
1,483,167
|
|
|
|
|
|
1,009,027
|
|
|
| Weighted Average Common Shares Outstanding |
| |
|
Nine months
ended
April 30,
|
|
|
Nine months
ended
April 30,
|
|
|
Three months
ended
April 30,
|
|
|
Three months
ended
April 30,
|
|
| |
|
2025
|
|
|
2024
|
|
|
2025
|
|
|
2024
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss)
|
|
$
|
(5,091,435
|
)
|
|
$
|
(6,828,193
|
)
|
|
$
|
3,522,625
|
|
|
$
|
(1,717,619
|
)
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average number of shares:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Issued common shares at the beginning of the period
|
|
|
11,638,713
|
|
|
|
11,457,741
|
|
|
|
28,343,067
|
|
|
|
11,638,712
|
|
|
Effect of common shares issued during the period
|
|
|
10,885,479
|
|
|
|
169,120
|
|
|
|
803,206
|
|
|
|
-
|
|
|
Weighted average number of shares - basic
|
|
|
22,524,192
|
|
|
|
11,626,861
|
|
|
|
29,146,273
|
|
|
|
11,638,712
|
|
|
Restricted Stock Units in issuance
|
|
|
-
|
|
|
|
-
|
|
|
|
1,483,167
|
|
|
|
-
|
|
|
Weighted average number of shares - diluted
|
|
|
22,524,192
|
|
|
|
11,626,861
|
|
|
|
30,629,440
|
|
|
|
11,638,712
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) per share, basic
|
|
$
|
(0.23
|
)
|
|
$
|
(0.59
|
)
|
|
$
|
0.12
|
|
|
$
|
(0.15
|
)
|
|
Net income (loss) per share, diluted
|
|
$
|
(0.23
|
)
|
|
$
|
(0.59
|
)
|
|
$
|
0.12
|
|
|
$ |
(0.15 |
) |
|