v3.25.2
Stock Options (Tables)
6 Months Ended
Jun. 30, 2025
Stock Options  
Schedule of assumptions used to value stock options

 

 

Six Months Ended

June 30, 2024

 

Risk free interest rate

 

 

4.0%

Stock volatility factor

 

 

98%

Weighted average expected life of options

 

5 years

 

Expected dividend yield

 

 

0%
Schedule of stock options activity

 

 

Period Ended June 30, 2025

 

 

Period Ended June 30, 2024

 

 

 

Options

 

 

Weighted Average Exercise Price

 

 

Options

 

 

Weighted Average Exercise Price

 

Outstanding, beginning of period

 

 

4,100,000

 

 

$0.10

 

 

 

3,700,000

 

 

$0.22

 

Granted

 

 

-

 

 

 

-

 

 

 

500,000

 

 

 

0.04

 

Repricing

 

 

-

 

 

 

(0.06)

 

 

-

 

 

 

(0.06)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding, end of period

 

 

4,100,000

 

 

$0.04

 

 

 

4,200,000

 

 

$0.04

 

Schedule of stock options outstanding

Issue Date

 

Number

 

 

Price

 

 

Expiry Date

 

Outstanding at

March 31, 2025

 

 

Weighted Average Remaining Contractual Life

(in years)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

May 26, 2022

 

 

3,600,000

 

 

$0.04

 

 

May 26, 2027

 

 

3,600,000

 

 

 

2.15

 

January 10, 2024

 

 

500,000

 

 

$0.04

 

 

January 10, 2029

 

 

500.000

 

 

 

4.01