| Warrants Classified as Equity |
| 13. | Warrants Classified as Equity |
| | |
Number of Warrants | | |
Weighted Average Exercise Price (CAD$) | |
| Balance, December 31, 2023 | |
| 10,124,330 | | |
| 7.12 | |
| Expired | |
| (4,427,903 | ) | |
| 7.70 | |
| Balance, December 31, 2024 | |
| 5,696,427 | | |
| 6.67 | |
| Issued | |
| 801,889 | | |
| 0.001 | |
| Exercised | |
| (801,889 | ) | |
| 0.001 | |
| Expired | |
| (5,696,427 | ) | |
| 6.67 | |
| Balance, December 31, 2025 | |
| - | | |
| - | |
As of December
31, 2025, no equity-classified warrants are outstanding.
The following table reflects the warrants issued and outstanding as of December 31, 2024:
| Number of | | | | | | Weighted Average | | | | Warrants Outstanding | | | Exercise Price (CAD$) | | | Contractual Life (years) | | | Expiry Date | | | 311,526 | | | | 8.03 | | | | 0.27 | | | April 9, 2025 (1) | | | 2,112,773 | | | | 7.11 | | | | 0.27 | | | April 9, 2025 | | | 242,380 | | | | 6.25 | | | | 0.69 | | | September 9, 2025 (1) | | | 3,029,748 | | | | 6.25 | | | | 0.69 | | | September 9, 2025 | | | 5,696,427 | | | | 6.67 | | | | 0.51 | | | |
|