4.EQUITY INVESTMENTS The equity investments are summarized as follows: | | | | | | | | | June 30, 2025 | | June 30, 2024 | Common shares | | | | | | | Public companies | | $ | 54,020 | | $ | 56,539 |
The continuity of equity investments is summarized as follows: | | | | | | | | | | | Accumulated mark-to- | | | | | market gain included | | | Fair value | | in deficit | Balance, July 1, 2023 | | $ | 283,081 | | $ | 3,792,631 | Proceeds on disposal | | | (312,340) | | $ | — | Change in fair value | | | 92,877 | | | 92,877 | Foreign exchange impact | | | (7,079) | | | — | Balance, June 30, 2024 | | $ | 56,539 | | $ | 3,885,508 | Change in fair value | | | (2,641) | | | (2,641) | Foreign exchange impact | | | 122 | | | — | Balance, June 30, 2025 | | $ | 54,020 | | $ | 3,882,867 |
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