CONDENSED INTERIM CONSOLIDATED STATEMENTS OF LOSS AND COMPREHENSIVE LOSS - USD ($) |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
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Administrative expenses | ||||
Management salaries and consulting fees | $ 155,619 | $ 156,155 | $ 312,634 | $ 321,768 |
Share-based compensation | 40,171 | 210,885 | 180,368 | 565,363 |
Insurance | 55,506 | 72,405 | 120,249 | 158,445 |
Professional fees | 47,260 | 28,572 | 114,222 | 142,593 |
Listing and filing fees | 3,133 | 3,255 | 67,861 | 63,146 |
Investor relations and marketing | 24,245 | 196,320 | 44,424 | 273,469 |
General and administrative | 9,583 | 11,089 | 21,750 | 20,279 |
Travel expenses | 3,782 | 5,304 | 18,392 | 13,194 |
Shareholder information | 10,230 | 33,030 | 13,813 | 40,442 |
Depreciation | 694 | 612 | 1,389 | 858 |
Operating loss | (350,223) | (717,627) | (895,102) | (1,599,557) |
Write-off of E&E assets | 0 | 0 | (770) | (1,050) |
Unrealized fair value gain on marketable securities | 5,356 | 5,453 | 1,332 | 6,922 |
Foreign exchange gain (loss) | 3,797 | 1,347 | 3,835 | (1,134) |
Interest and finance income | 45,569 | 95,701 | 95,845 | 204,174 |
Loss before taxes | (295,501) | (615,126) | (794,860) | (1,390,645) |
Current income tax expense | 0 | 0 | (150) | (150) |
Net loss and comprehensive loss for the period | $ (295,501) | $ (615,126) | $ (795,010) | $ (1,390,795) |
Loss per share - basic and diluted | ||||
Basic (in dollars per share) | $ (0.02) | $ (0.05) | $ (0.06) | $ (0.1) |
Diluted (in dollars per share) | $ (0.02) | $ (0.05) | $ (0.06) | $ (0.1) |
Weighted average number of shares | ||||
Basic (in shares) | 13,271,750 | 13,271,750 | 13,271,750 | 13,271,750 |
Diluted (in shares) | 13,271,750 | 13,271,750 | 13,271,750 | 13,271,750 |
X | ||||||||||
- Definition The amount of expenses related to shareholder information. No definition available.
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- Definition The amount of exploration costs relating to write-off of exploration and evaluation assets. No definition available.
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- Definition The amount of expense relating to investor relations and marketing. No definition available.
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X | ||||||||||
- Definition The amount of listing and filing fees. No definition available.
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X | ||||||||||
- Definition The amount management salaries and consulting fees . No definition available.
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- Definition The amount of unrealized fair value loss on marketable securities. No definition available.
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X | ||||||||||
- Definition The weighted average number of ordinary shares outstanding plus the weighted average number of ordinary shares that would be issued on the conversion of all the dilutive potential ordinary shares into ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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X | ||||||||||
- Definition The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of depreciation expense. Depreciation is the systematic allocation of depreciable amounts of tangible assets over their useful lives. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator), divided by the weighted average number of ordinary shares outstanding during the period (the denominator), both adjusted for the effects of all dilutive potential ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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X | ||||||||||
- References No definition available.
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X | ||||||||||
- References No definition available.
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X | ||||||||||
- Definition The amount of expense arising from share-based payment transactions in which the goods or services received did not qualify for recognition as assets. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of income associated with interest and other financing activities of the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of exchange differences recognised in profit or loss that arise from foreign currency transactions, excluding those arising on financial instruments measured at fair value through profit or loss in accordance with IFRS 9. [Refer: At fair value [member]; Classes of financial instruments [domain]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of expense relating to general and administrative activities of the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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X | ||||||||||
- Definition The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of expense arising from purchased insurance. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of fees paid or payable for professional services. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The profit (loss) before tax expense or income. [Refer: Profit (loss)] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The profit (loss) from operating activities of the entity. [Refer: Profit (loss)] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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X | ||||||||||
- Definition The amount of expense arising from travel. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares bought back or issued during the period multiplied by a time-weighting factor. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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X | ||||||||||
- References No definition available.
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