12.General and Administrative Expenses General and administrative expenses for the years ended December 31, 2025 and 2024 are as follows: | | | | | | | | | For the year ended | | For the year ended | | | December 31, | | December 31, | | | 2025 | | 2024 | Professional and consulting fees(1) | | $ | 14,011 | | $ | 8,532 | Investor relations | | | 1,855 | | | 1,547 | Office and sundry | | | 2,023 | | | 3,047 | Salaries and wages(3) | | | 6,324 | | | 5,813 | Director fees | | | 760 | | | 814 | Share-based compensation(2)(3) | | | 73,533 | | | 9,793 | Transfer agent and filing fees | | | 506 | | | 321 | Travel expenses | | | 760 | | | 777 | General and Administrative Expenses | | $ | 99,772 | | $ | 30,644 |
| (1) | Professional and consulting fees include $3.6 million of expenses settled with RSUs in 2025 (2024: $1.2 million) (Note 18). |
| (2) | Includes $58.9 million related to 6,500,000 options and 11,915,676 RSUs granted to some directors and a consultant on August 28, 2025 (Note 18). |
(3)Reflects underlying corporate-related activities performed by the Company’s personnel.
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