The following table presents the Company’s financial instruments, including those measured at fair value on a recurring basis and their classification within the fair value hierarchy.


		Fair Value
Categories of Financial Instruments		Hierarchy		December 31, 2025			December 31, 2024
Financial assets
Amortized cost
Cash		—		$	117,633		$	3,480
Commodity taxes and other receivables (Note 6)		—			664			249
				$	118,297		$	3,729

Financial liabilities
Amortized cost
Accounts payable and accrued liabilities (Note 13)		—		$	46,048		$	42,754
Short-term debt		—			—			11,775
Fair value through profit or loss
Royalty liability (Note 10)		Level 3			145,000			14,000
Warrants liability (Note 16)		Level 3			13,351			912
				$	204,399		$	69,441