v3.25.2
FINANCIAL INSTRUMENTS (Tables)
 12 Months Ended
Mar. 31, 2025
Investments, All Other Investments [Abstract]  
SCHEDULE OF FAIR VALUE HIERARCHY

 

As of March 31, 2025  Level 1   Level 2   Level 3   Total 
Assets:                    
Cash and restricted cash  $4,816,906   $-   $-   $4,816,906 
Due from related parties  $68,080   $-   $-   $68,080 
Liabilities:                    
Accounts payable  $2,036,916   $-   $-   $2,036,916 
Accrued liabilities  $41,736   $-   $-   $41,736 
Provision for legal claim  $8,948,085   $-   $-   $8,948,085 
Restricted share unit liability  $-   $3,911,823   $-   $3,911,823 
Loans payable  $139,039   $-   $-   $139,039 

 

As of March 31, 2024  Level 1   Level 2   Level 3   Total 
Assets:                    
Cash  $892,727   $-   $-   $892,727 
Accounts receivable  $100,000   $-   $-   $100,000 
Due from related parties  $64,936   $-   $-   $64,936 
Liabilities:                    
Accounts payable  $2,782,502   $-   $-   $2,782,502 
Accrued liabilities  $82,500   $-   $-   $82,500 
Promissory notes  $2,000,000   $-   $-   $2,000,000 
Provision for legal claim  $9,921,298   $-   $-   $9,921,298 
Restricted share unit liability  $-   $576,214   $-   $576,214 
Loans payable  $140,904   $-   $-   $140,904 
SCHEDULE OF CONTRACTUAL CASH FLOW REQUIREMENT

Contractual cash flow requirements as of March 31, 2025, were as follows:

 

    Less than 1 year    1 to 2 years    2 to 5 years    After 5 years    Total 
  

<1 year

$

  

1-2 years

$

  

2-5 years

$

  

>5 years

$

  

Total

$

 
Accounts payable   2,036,916    -    -    -    2,036,916 
Accrued liabilities   41,736    -    -    -    41,736 
Loans payable   7,752    7,752    23,256    15,067,532    15,106,292 
Total   2,086,404    7,752    23,256    15,067,532    17,184,944 
SCHEDULE OF FOREIGN EXCHANGE RISK EXPOSURE OF FINANCIAL INSTRUMENTS

The foreign exchange risk exposure of the Company financial instruments as at March 31, 2025 is as below:

 

             
           +/- 10% fluctuation 
   Currency   Increase/(decrease) 
Financial Instrument Type  CAD$   $   $ impact 
Cash   5,445,994    3,788,233    378,823    (378,823)
Tax receivable   870,173    605,293    60,529    (60,529)
Prepaid expenses   408,202    283,946    28,395    (28,395)
Accounts payable   (1,362,055)   (947,445)   (94,745)   94,745 
Accrued liabilities   (60,000)   (41,736)   (4,174)   4,174 
Restricted share unit liability   (5,623,668)   (3,911,824)   (391,182)   391,182 
Foreign currency future instrument    (321,354)   (223,534)   (22,354)   22,354 

 

             
           +/- 10% fluctuation 
   Currency       Increase/(decrease) 
Financial Instrument Type  EURO   $   $ impact 
Restricted cash   113,701    122,740    12,274    (12,274)
Tax receivable   (352)   (380)   (38)   38 
Accounts payable   (16,622)   (17,944)   (1,794)   1,794 
Deferred Grant   (62,615)   (67,732)   (6,773)   6,773 
Foreign currency future instrument    34,111    104,416    3,668    (3,668)