v3.26.1
Consolidated Statements of Changes in Equity - CAD ($)
Share Capital
Reserves - Equity settled share-based payments
Reserves - Warrants
Deficit
Total
Balance at beginning of period at Dec. 31, 2023 $ 290,244,029 $ 34,751,151 $ 3,918 $ (259,496,078) $ 65,503,020
Balance at beginning (in shares) at Dec. 31, 2023 186,873,012        
Issued on acquisition of the Kingsway Project $ 20,000,000       20,000,000
Issued on acquisition of the Kingsway Project (in shares) 5,263,157        
Issued on acquisition of exploration and evaluation assets $ 1,226,707       1,226,707
Issued on acquisition of exploration and evaluation assets (in shares) 369,583        
Issued in prospectus offering $ 27,522,494       27,522,494
Issued in prospectus offering (in shares) 5,857,242        
Share issue costs $ (914,807)       (914,807)
Issued in settlement of legal claim $ 1,750,100       1,750,100
Issued in settlement of legal claim (in shares) 370,000        
Stock options exercised $ 1,518,193 (655,693)     862,500
Stock options exercised (in shares) 1,725,000        
Share-based compensation   889,045     889,045
Loss and comprehensive loss for the year       (50,268,354) (50,268,354)
Balance at end of period at Dec. 31, 2024 $ 341,346,716 34,984,503 3,918 (309,764,432) 66,570,705
Balance at ending (in shares) at Dec. 31, 2024 200,457,994        
Issued on acquisition of exploration and evaluation assets $ 261,232       261,232
Issued on acquisition of exploration and evaluation assets (in shares) 89,463        
Issued in prospectus offering $ 63,480,000       63,480,000
Issued in prospectus offering (in shares) 28,980,000        
Issued in private placement $ 20,000,001       20,000,001
Issued in private placement (in shares) 12,269,939        
Flow-through premium $ (16,242,600)       (16,242,600)
Share issue costs (4,004,528)       (4,004,528)
Acquisition of Maritime Resources Corp $ 275,222,290 4,072,395 31,524,813   310,819,498
Acquisition of Maritime Resources Corp ( in shares) 94,254,209        
Issued pursuant to share - for - debt settlement $ 4,632,963       4,632,963
Issued pursuant to share - for - debt settlement (in shares) 1,085,003        
Acquisition of Exploits property claims $ 12,160,906       12,160,906
Acquisition of Exploits property claims (in shares) 2,821,556        
Stock options exercised $ 4,711,424 (2,164,153)     $ 2,547,271
Stock options exercised (in shares) 1,838,399       1,838,399
Warrants exercised $ 1,695,714   (1,179,048)   $ 516,666
Warrants exercised (in shares) 533,102        
Share-based compensation   5,927,761     5,927,761
Loss and comprehensive loss for the year       (47,572,620) (47,572,620)
Balance at end of period at Dec. 31, 2025 $ 703,264,118 $ 42,820,506 $ 30,349,683 $ (357,337,052) $ 419,097,255
Balance at ending (in shares) at Dec. 31, 2025 342,329,665