| Disclosure of financial assets and liabilities |
The fair values of financial assets and liabilities, together with the carrying amounts shown in the consolidated statements of financial position, are as follows:
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Financial
instrument
classification |
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Carrying
amount |
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Fair value |
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As at December 31, 2025 |
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$ |
— |
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$ |
— |
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Financial assets: |
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Cash and cash equivalents |
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FVTPL |
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27,779,666 |
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27,779,666 |
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Amounts receivable |
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Amortized cost |
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— |
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— |
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Financial liabilities: |
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Trade payables and accrued liabilities |
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Amortized cost |
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2,622,889 |
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2,622,889 |
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Lease liability |
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Amortized cost |
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554,149 |
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554,149 |
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Warrant Liability |
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FVTPL |
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5,559,800 |
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5,559,800 |
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As at December 31, 2024 |
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$ |
— |
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$ |
— |
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Financial assets: |
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Cash and cash equivalents |
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FVTPL |
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18,861,029 |
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18,861,029 |
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Amounts receivable |
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Amortized cost |
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— |
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— |
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Financial liabilities: |
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Trade payables and accrued liabilities |
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Amortized cost |
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3,016,988 |
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3,016,988 |
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Lease liability |
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Amortized cost |
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605,605 |
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605,605 |
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Warrant Liability |
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FVTPL |
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|
132,200 |
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132,200 |
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