v3.26.1
Warrants
12 Months Ended
Dec. 31, 2025
Warrants  
Warrants

9.Warrants

Warrants have been issued as part of equity financings and include compensation to agents and brokers of the Company. Pre-Funded Warrants are listed separately on the consolidated statement of financial position and on the consolidated statement of changes in shareholders’ equity and are excluded from the tables below.

The following is a summary of changes in warrants:

Year ended,

Year ended,

December 31, 2025

December 31, 2024

  ​ ​ ​

Number of

  ​ ​ ​

Weighted average

  ​ ​ ​

Number of

  ​ ​ ​

Weighted average

warrants

exercise price

warrants

exercise price

Outstanding, beginning of year

 

10,726,111

 

CA$0.53

 

12,346,419

 

CA$0.53

Exercised

 

(5,623,087)

 

CA$0.53

 

(1,608,214)

 

CA$0.52

Expired

 

(5,103,024)

 

CA$0.53

 

(12,094)

 

CA$0.40

Outstanding, end of year

 

 

 

10,726,111

 

CA$0.53