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		March 31,			December 31,
Categories of Financial Instruments		Hierarchy		2026			2025
Financial assets
Amortized cost
Cash		—		$	119,682		$	117,633
Commodity taxes and other receivables		—			727			664
				$	120,409		$	118,297

Financial liabilities
Amortized cost
Accounts payable and accrued liabilities (Note 11)		—		$	53,858		$	46,048
Fair value through profit or loss
Royalty liability (Note 8)		Level 3			145,000			145,000
Warrants liability (Note 12)		Level 3			2,689			13,351
				$	201,547		$	204,399