| Warrants |
Following is a summary of the warrant activity during the three and six months ended June 30, 2025 and 2024:
|
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|
|
|
|
|
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|
Number of Share Purchase Warrants |
|
|
Weighted Average Exercise Price |
|
Outstanding January 1, 2024 |
|
|
22,571,471 |
|
|
$ |
1.22 |
|
Issued |
|
|
— |
|
|
|
— |
|
Exercised |
|
|
— |
|
|
|
— |
|
Expired |
|
|
(4,838,707 |
) |
|
|
1.24 |
|
Outstanding March 31, 2024 |
|
|
17,732,764 |
|
|
$ |
1.21 |
|
Issued |
|
|
— |
|
|
|
— |
|
Exercised |
|
|
— |
|
|
|
— |
|
Expired |
|
|
— |
|
|
|
— |
|
Outstanding June 30, 2024 |
|
|
17,732,764 |
|
|
$ |
1.21 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding January 1, 2025 |
|
|
17,732,764 |
|
|
$ |
1.21 |
|
Issued |
|
|
— |
|
|
|
— |
|
Exercised |
|
|
— |
|
|
|
— |
|
Expired |
|
|
— |
|
|
|
— |
|
Outstanding March 31, 2025 |
|
|
17,732,764 |
|
|
$ |
1.21 |
|
Issued |
|
|
— |
|
|
|
— |
|
Exercised |
|
|
— |
|
|
|
— |
|
Expired |
|
|
— |
|
|
|
— |
|
Outstanding June 30, 2025 |
|
|
17,732,764 |
|
|
$ |
1.21 |
|
As of June 30, 2025, the following share purchase warrants were outstanding and exercisable:
|
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|
|
|
|
|
|
|
|
|
Outstanding |
|
|
Exercise Price |
|
Remaining life
(years) |
|
|
Expiry Date |
|
7,537,313 |
|
|
$1.50 |
|
|
0.83 |
|
|
April 29, 2026 |
|
10,195,451 |
|
|
$1.00 |
|
|
5.00 |
|
|
Jun 30, 2030 |
|
17,732,764 |
|
|
|
|
|
|
|
|
As of June 30, 2024, the following share purchase warrants were outstanding and exercisable:
|
|
|
|
|
|
|
|
|
|
|
Outstanding |
|
|
Exercise Price |
|
Remaining life
(years) |
|
|
Expiry Date |
|
7,537,313 |
|
|
$1.50 |
|
|
1.83 |
|
|
April 29, 2026 |
|
10,195,451 |
|
|
$1.00 |
|
|
6.00 |
|
|
June 30, 2030 |
|
17,732,764 |
|
|
|
|
|
|
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|