SHARE CAPITAL (Tables)
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12 Months Ended |
Jun. 30, 2025 |
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| SHARE CAPITAL |
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| Schedule of stock options |
| | | | | | | | | | Weighted average exercise | | | Number of options | | price (CAD$) | Balance, July 1, 2023 | | 3,957,167 | | $ | 3.37 | Options granted | | 1,335,000 | | | 2.10 | Options exercised | | (85,000) | | | 2.15 | Options forfeited | | (745,000) | | | 3.68 | Options expired | | (689,167) | | | 2.15 | Balance, June 30, 2024 | | 3,773,000 | | $ | 3.11 | Options granted | | 1,810,333 | | | 1.58 | Options exercised | | (4,167) | | | 2.10 | Options forfeited | | (883,166) | | | 2.26 | Balance, June 30, 2025 | | 4,696,000 | | $ | 2.68 |
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| Schedule of fair value of options granted |
| | | | | | | | Years ended June 30, | | | | 2025 | | 2024 | | Risk free interest rate | | 2.76 | % | 3.71 | % | Expected volatility | | 70.35 | % | 72.69 | % | Expected life of options in years | | 2.75 | | 2.75 | | Estimated forfeiture rate | | 14.41 | % | 15.05 | % |
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| Schedule of information about Stock options outstanding |
| | | | | | | | | | | | | | Number of options | | Weighted | | Number of options | | Weighted | Exercise | | outstanding as at | | average remaining | | exercisable as at | | average | prices (CAD$) | | June 30, 2025 | | contractual life (years) | | June 30, 2025 | | exercise price (CAD$) | $ | 1.58 | | 1,429,833 | | 4.62 | | — | | $ | — | | 2.10 | | 1,028,167 | | 3.55 | | 342,832 | | | 2.10 | | 3.33 | | 533,000 | | 1.60 | | 533,000 | | | 3.33 | | 3.42 | | 726,000 | | 2.55 | | 485,334 | | | 3.42 | | 3.67 | | 20,000 | | 2.57 | | 13,333 | | | 3.67 | | 3.89 | | 10,000 | | 1.65 | | 10,000 | | | 3.89 | | 3.92 | | 20,000 | | 2.79 | | 13,333 | | | 3.92 | | 4.00 | | 929,000 | | 1.93 | | 929,000 | | | 4.00 | $ | 1.58 - $4.00 | | 4,696,000 | | 3.17 | | 2,326,832 | | $ | 3.44 |
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| Schedule of continuity RSUs |
| | | | | | | | | | Weighted average grant | | | | | date closing price per | | | Number of shares | | share (CAD$) | Balance, July 1, 2023 | | 1,897,160 | | $ | 3.79 | Granted | | 1,024,000 | | | 2.10 | Forfeited | | (278,999) | | | 3.67 | Distributed | | (514,947) | | | 4.00 | Balance, June 30, 2024 | | 2,127,214 | | $ | 2.94 | Granted | | 1,139,333 | | | 1.58 | Forfeited | | (476,666) | | | 2.07 | Distributed | | (601,015) | | | 3.02 | Balance, June 30, 2025 | | 2,188,866 | | $ | 2.40 |
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| Schedule of loss Per Share |
| | | | | | | | | | | | | | | | | | | | | For the years ended June 30, | | | 2025 | | 2024 | | | Loss | | Shares | | Per-share | | Loss | | Shares | | Per-share | | | (Numerator) | | (Denominator) | | Amount | | (Numerator) | | (Denominator) | | Amount | Net loss Attributable to equity holders of the Company | | $ | (3,757,057) | | $ | — | | $ | — | | $ | (6,021,706) | | $ | — | | $ | — | | | | | | | | | | | | | | | | | | | | Basic loss per share | | | (3,757,057) | | | 171,635,884 | | $ | (0.02) | | | (6,021,706) | | | 167,765,072 | | $ | (0.04) | Effect of dilutive securities: | | | | | | | | | | | | | | | | | | | Stock options and RSUs | | | — | | | — | | | — | | | — | | | — | | | — | Diluted loss per share | | $ | (3,757,057) | | | 171,635,884 | | $ | (0.02) | | $ | (6,021,706) | | | 167,765,072 | | $ | (0.04) |
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