v3.26.1
Share capital (Tables)
12 Months Ended
Dec. 31, 2025
Disclosure of classes of share capital [abstract]  
Schedule of share capital issued
(b)
Issued

 

December 31,
2025

 

December 31,
2024

 

December 31,
2023

 

 

Number of
shares

 

 

Stated
Value
$

 

 

Number of
shares

 

 

Stated
Value
$

 

 

Number of
shares

 

 

Stated
Value
$

 

Common shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, beginning of year

 

 

38,403,737

 

 

 

281,296,133

 

 

 

35,586,301

 

 

 

242,487,728

 

 

 

35,230,551

 

 

 

235,611,237

 

Private placement financing, net of issuance costs

 

 

9,450,000

 

 

 

11,964,919

 

 

 

 

 

 

 

 

 

 

 

 

 

Initial public offering, net of issuance costs

 

 

 

 

 

 

 

 

2,000,000

 

 

 

27,460,805

 

 

 

 

 

 

 

DSU exercise (Note 14)

 

 

962,500

 

 

 

15,467,160

 

 

 

173,958

 

 

 

2,733,328

 

 

 

25,000

 

 

 

400,000

 

RSU exercise (Note 14)

 

 

900,000

 

 

 

13,321,000

 

 

 

31,875

 

 

 

460,225

 

 

 

 

 

 

 

Option exercise (Note 14)

 

 

10,000

 

 

 

120,511

 

 

 

489,166

 

 

 

6,019,398

 

 

 

330,750

 

 

 

6,476,491

 

Warrant exercise (Note 15)

 

 

 

 

 

 

 

 

122,437

 

 

 

2,134,649

 

 

 

 

 

 

 

Purchase of shares under ELOC, net of issuance costs

 

 

3,750,000

 

 

 

5,999,500

 

 

 

 

 

 

 

 

 

 

 

 

 

Issued for equity line of credit

 

 

215,852

 

 

 

375,000

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, end of year

 

 

53,692,089

 

 

 

328,544,223

 

 

 

38,403,737

 

 

 

281,296,133

 

 

 

35,586,301

 

 

 

242,487,728