v3.26.1
Issued capital
 12 Months Ended
Dec. 31, 2025
Disclosure of classes of share capital [abstract]  
Issued capital [Text Block]
13) Issued capital

a) Authorized

Unlimited common shares without par value.

b) Issued

    Year ended
December 31, 2025		     Year ended
December 31, 2024		  
    Number of
Shares		     Cost     Number of
Shares		     Cost  
Balance, beginning of the year   64,112   $ 412,988     64,051   $ 412,295  
Exercise of restricted share units (note 14)   381     204     61     693  
Share issuance   19,180     10,092     -     -  
Balance, end of the year   83,673   $ 423,284     64,112   $ 412,988  

During the year ended December 31, 2025, the Company issued 19,180 shares in a private placement, at $0.53 per share, for gross proceeds of $10,092.

On October 22, 2025, the Company sold: (i) 14,262 warrants (“October 2025 Warrants”) to purchase up to 14,262 common shares, which have an exercise price of $1.22 per share, and became exercisable immediately upon issuance with a term of five (5) years from the date of issuance; and (ii) to Arias Resource Capital Fund III L.P., an affiliate of the Company’s largest shareholder, 4,918 common shares and warrants (“Backstop Warrants”) to purchase up to 4,918 common shares. The Backstop Warrants have substantially the same terms as the October 2025 Warrants described above, with certain exceptions. See note 14.