v3.25.2
Common Stock
6 Months Ended
Sep. 30, 2024
Common Stock [Abstract]  
Common Stock
12. Common Stock

 

Common stock issued during the year ended March 31, 2024

 

On October 16, 2023, the board of directors approved a performance-related bonus for Scott Poulter, Chief Executive Officer in relation to the commitment to the Sheaf project, which comprises 4,500,000 shares in the Company which are issuable immediately upon the commitment being made, and $3,664,000 (£3,000,000) in cash, of which $3,053,000 (£2,500,000) is payable immediately upon the commitment being made, and $611,000 (£500,000) is payable in monthly instalments over 24 months. The shares were issued on April 18, 2024.