The
following table summarizes the DSU activity during the years ended December 31, 2025 and 2024:
Schedule
of Deferred Share Units
| | |
| | |
Weighted
average | |
| | |
| | |
grant
date fair | |
| | |
Number
of | | |
value
per share | |
| | |
shares | | |
(C$) | |
| | |
| | |
| |
| Unvested as at December 31, 2023 | |
| 42,728 | | |
$ | 31.50 | |
| Granted (i, ii) | |
| 81,868 | | |
| 4.55 | |
| Vested (i) | |
| (114,953 | ) | |
| 14.35 | |
| Unvested as at December 31, 2024 | |
| 9,643 | | |
$ | 5.60 | |
| Granted (iii) | |
| 36,535 | | |
| 7.53 | |
| Vested (ii) | |
| (46,178 | ) | |
| 7.12 | |
| Unvested as at December 31, 2025 | |
| - | | |
$ | - | |
| |
(i) |
On
April 1, 2024, 54,510 DSUs were issued to the Company’s Directors which vested immediately. |
| |
|
|
| |
(ii) |
On
October 1, 2024, 9,643 DSUs were issued to one of the Company’s Directors which vests on October 1, 2025. |
| |
|
|
| |
(iii) |
On
October 14, 2025, 36,535 DSUs were issued to the Company’s Directors which vested immediately. |
|