v3.25.2
FINANCIAL RISK MANAGEMENT (Tables)
6 Months Ended
Jun. 30, 2025
FINANCIAL RISK MANAGEMENT  
Schedule of impact on pre-tax loss of a 10% change in the USD:CAD exchange rate on financial assets and liabilities denominated in CAD

The following table shows the impact on pre-tax loss of a 10% change in the USD:CAD exchange rate on financial assets and liabilities denominated in CAD, as of June 30, 2025, with all other variables held constant:

    

Impact of currency rate change on pre-tax loss

10% increase

    

10% decrease

Cash and cash equivalents

$

6,842

$

(6,842)

Receivables and other

 

1,415

 

(1,415)

Marketable securities

 

1,374

 

(1,374)

Accounts payable and accrued liabilities

 

(3,388)

 

3,388

Schedule of carrying amount of financial assets represents the maximum credit exposure

    

June 30, 

    

December 31,

2025

2024

Cash and cash equivalents

$

448,765

$

381,899

Short-term investments

 

3,813,219

 

4,914,382

$

4,261,984

$

5,296,281

Schedule of contractual undiscounted cash flow requirements for contractual obligations

Contractual undiscounted cash flow requirements for contractual obligations as at June 30, 2025 are as follows:

    

Carrying

    

Contractual

    

Due within

    

Due within

    

Due within

amount

cash flows

1 year

2 years

3 years

Accounts payable and accrued liabilities

$

95,892

$

95,892

$

95,892

$

$

$

95,892

$

95,892

$

95,892

$

$

Schedule of financial assets and liabilities by level within the fair value hierarchy

As at June 30, 2025

    

    

Fair value

Carrying

    

value

    

Level 1

    

Level 2

    

Level 3

Financial assets

 

  

 

  

 

  

 

  

Marketable securities

$

13,736

$

13,736

$

$

$

13,736

$

13,736

$

$

As at December 31, 2024

    

    

Fair value

Carrying 

    

value

    

Level 1

    

Level 2

    

Level 3

Financial assets

 

  

 

  

 

  

 

  

Marketable securities

$

12,404

$

12,404

$

$

$

12,404

$

12,404

$

$