v3.25.4
CONDENSED CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Aug. 01, 2024
Jan. 31, 2026
Jan. 31, 2025
Jan. 31, 2026
Jan. 31, 2025
Jul. 31, 2025
Operating activities            
Net loss for the period   $ (3,414,563) $ (4,557,626) $ (3,936,109) $ (8,614,060)  
Items not affecting cash:            
Depreciation   0 361 0 722  
Share based compensation       116,638 292,896  
Change in fair value of derivative liabilities   0 (2,067,350) 1,500 (719,000)  
Change in fair value of mandatory convertible debentures   0 0 0 (70,500)  
Change in fair value of warrant liabilities $ 454,571     (3,757,599) (9,223)  
Change in fair value of stock option liabilities       (101,423) (177,459)  
Staking income   (25,911) 0 (40,245) 0  
Loss on revaluation of cryptocurrencies   1,689,591 0 2,113,072 0  
Loss on investment in associate   10,610 106,850 100,177 106,850  
Gain on settlement of accounts payable       0 (899,015)  
Gain on settlement of debt   0 0 (17,007) 0  
Impairment of carbon credits   12,968 1,207,800 12,968 1,207,800  
Stop-loss provision loss   19,810 1,024,713 49,340 1,024,713  
Accrued interest       557,401 76,601  
Accretion expense       468,111 168,945  
Retirement of carbon credits       50,000 0  
Changes in non-cash working capital items:            
Trade receivable       (340) 0  
GST receivable       (17,541) (30,689)  
Other receivables       0 (171,573)  
Carbon credits       (44,424) (100,000)  
Prepaid expenses       (335,253) (4,008)  
Accounts payable and accrued liabilities       (1,157,546) 3,865,220  
Net cash used in operating activities       (5,938,280) (4,051,780)  
Investing activities            
Cash assumed on RTO       0 1,661,645  
Purchase of cryptocurrencies       (5,125,100) 0  
Net cash provided by (used in) investing activities       (5,125,100) 1,661,645  
Financing activities            
Proceeds from convertible debentures       0 67,650  
Proceeds from warrant exercise       0 86,237  
Proceeds from PIPE financing       2,000,004 2,230,000  
Proceeds from ELOC drawdown       1,655,952 0  
Repayment of convertible debentures       (347,952) 0  
Net cash provided by financing activities       3,308,004 2,383,887  
Effect of exchange rate changes on cash       (128) 1,807  
Net decrease in cash       (7,755,504) (4,441)  
Cash, Beginning $ 21,106     9,851,111 21,106 $ 21,106
Cash, Ending   2,095,607 16,665 2,095,607 16,665 9,851,111
Presented as:            
Cash   815,707 16,665 815,707 16,665 $ 3,446,111
Restricted cash   $ 1,279,900 $ 0 1,279,900 0  
Supplemental information:            
Taxes paid       0 0  
Interest paid       347,952 0  
Fair value of warrants exercised       0 389,729  
Fair value of securities issued for the RTO (Note 4)       0 3,147,118  
Fair value of securities issued for settlement of accounts payable       0 10,888,912  
Fair value of securities issued for services       0 585,155  
Fair value of securities issued for carbon credits       0 1,982,424  
Fair value of securities issued for the acquisition of interest in associate       0 1,220,000  
Fair value of securities issued for ELOC commitment       0 305,000  
Repayment of convertible debentures from ELOC drawdown proceeds       $ 551,986 $ 0