v3.26.1
Stock-based compensation (Tables)
12 Months Ended
Dec. 31, 2025
Stock-based compensation  
Schedule for stock option transactions

Year ended,

Year ended,

December 31, 2025

December 31, 2024

Number of

Weighted average

Number of

Weighted average

  ​ ​ ​

options

  ​ ​ ​

exercise price

  ​ ​ ​

options

  ​ ​ ​

exercise price

Outstanding, beginning of year

 

13,879,589

 

CA$0.73

 

14,134,363

 

CA$0.71

Granted

 

13,923,028

 

CA$0.74

 

1,162,500

 

CA$0.73

Exercised

 

(413,563)

 

CA$0.50

 

 

Forfeited and expired

 

(952,972)

 

CA$0.79

 

(1,417,274)

 

CA$0.56

Outstanding, end of year

 

26,436,082

 

CA$0.73

 

13,879,589

 

CA$0.73

Schedule of stock options outstanding by exercise price range

As at December 31, 2025, the Company had the following outstanding options:

Options Outstanding

Options Exercisable

Weighted

average

Weighted

Weighted

Number of

remaining

average

Number of

average

Exercise Prices

  ​ ​ ​

options

  ​ ​ ​

contractual life

  ​ ​ ​

exercise price

  ​ ​ ​

options

  ​ ​ ​

exercise price

CA$0.32-$0.50

 

3,385,477

 

7.42

 

CA$0.40

 

2,281,762

 

CA$0.39

CA$0.50-$0.66

 

9,861,983

 

8.27

 

CA$0.59

 

3,931,036

 

CA$0.60

CA$0.66-$1.80

 

13,188,622

 

8.39

 

CA$0.93

 

2,671,787

 

CA$1.47

 

26,436,082

 

8.22

 

CA$0.73

 

8,884,585

 

CA$0.81

Schedule of assumptions to determine the fair value of stock options granted

Year ended,

Year ended,

 

  ​ ​ ​

December 31, 2025

  ​ ​ ​

December 31, 2024

 

Expected life of stock options

 

10 years

 

10 years

Expected weighted average volatility

 

84

%  

84

%

Expected dividend yield

 

nil

%  

nil

%

Weighted average risk-free interest rate

 

3.1

%  

3.03

%

Weighted average fair value of stock options granted in the year

$

0.44

$

0.44