v3.26.1
Schedule of Loans Payable (Details) (Parenthetical)
 12 Months Ended
Dec. 18, 2024
USD ($)
Dec. 13, 2024
USD ($)
Jul. 01, 2023
USD ($)
Apr. 20, 2023
CAD ($)
shares
Dec. 31, 2025
USD ($)
shares
Dec. 31, 2025
TRY (₺)
shares
Dec. 31, 2025
CAD ($)
shares
Dec. 31, 2024
USD ($)
shares
$ / shares
Dec. 31, 2024
TRY (₺)
shares
Dec. 31, 2024
CAD ($)
shares
Dec. 31, 2023
USD ($)
Dec. 31, 2023
shares
Dec. 31, 2023
$ / shares
Dec. 31, 2023
$ / shares
Dec. 31, 2025
CAD ($)
shares
Jul. 17, 2025
USD ($)
Jul. 17, 2025
TRY (₺)
Dec. 31, 2024
CAD ($)
shares
Dec. 27, 2024
USD ($)
Dec. 27, 2024
CAD ($)
Dec. 18, 2024
TRY (₺)
Sep. 01, 2023
USD ($)
Sep. 01, 2023
CAD ($)
Jul. 20, 2023
USD ($)
Jul. 20, 2023
CAD ($)
IfrsStatementLineItems [Line Items]                                                  
Interest rate       12.00% 5.00%                   5.00%                    
Borrowings         $ 4,972,059     $ 5,361,978                                  
Loan, maturity date       April 30, 2025 April 30, 2025 April 30, 2025 April 30, 2025                                    
Weighted average shares | shares         37,820,850 37,820,850 37,820,850 28,463,753 28,463,753 28,463,753   16,216,969                          
Gain loss on extinguishment of loan payable         $ (3,164,162)     $ (3,781,509)     $ (9,932,252)                            
Common stock, shares | shares         1,120,055     981,369             1,120,055     981,369              
Exercise price of warrant               2,330,000 2,330,000 2,330,000     1.10 1.50                      
Broker warrants [member]                                                  
IfrsStatementLineItems [Line Items]                                                  
Common stock, shares | shares       300,000                                          
Exercise price of warrant       2.50                                          
Unsecured loan one [member]                                                  
IfrsStatementLineItems [Line Items]                                                  
Interest rate         6.00%                   6.00%                    
Borrowings [1],[2]         $ 34,415     $ 36,512                                  
Unsecured loan two [member]                                                  
IfrsStatementLineItems [Line Items]                                                  
Interest rate         1.00%                   1.00%                 6.00% 6.00%
Borrowings [3]         $ 3,461,250     3,141,750                                  
Debt instruments issued                                               $ 228,023 $ 300,000
Principal amount         5,536     157,016             $ 8,000     $ 218,509              
Interest payments         $ 1,965   $ 2,693 9,543   $ 13,072                              
Unsecured loan three [member]                                                  
IfrsStatementLineItems [Line Items]                                                  
Interest rate         8.25%                   8.25%             6.00% 6.00%    
Borrowings [4]             1,034,484                                  
Debt instruments issued                                           $ 402,115 $ 546,000    
Principal amount               $ 397,948                   546,000              
Weighted average shares | shares               546,000 546,000 546,000                              
Share price | $ / shares               $ 1.00                                  
Gain loss on extinguishment of loan payable               $ 81,417   $ 109,200                              
Unsecured loan four [member]                                                  
IfrsStatementLineItems [Line Items]                                                  
Interest rate   8.25%     52.00%                   52.00%                    
Borrowings [5]             1,009,883                                  
Loan, maturity date   November 13, 2025                                              
Principal amount   $ 1,120,000                                              
Principal payments         1,035,679     89,857                                  
Accrued interest expense         $ 42,979     7,700                                  
Unsecured loan five [member]                                                  
IfrsStatementLineItems [Line Items]                                                  
Interest rate 52.00%       12.00%                   12.00%           52.00%        
Borrowings [6]         $ 147,391     139,349                                  
Loan, maturity date November 18, 2025                                                
Principal amount $ 1,070,617                                       ₺ 37,500,000        
Interest payments         228,075 ₺ 9,795,037   45,933 ₺ 1,625,000                                
Principal payments         816,877 ₺ 35,081,997   68,349 ₺ 2,418,003                                
Unsecured loan one fund one [member]                                                  
IfrsStatementLineItems [Line Items]                                                  
Interest rate     1.00%                                            
Borrowings     $ 1,065,000                                            
Debt discount     $ 65,000                                            
Loan, maturity date     December 31, 2023                                            
Loan, maturity date extend     December 31, 2024                                            
Interest payment on loan     $ 40,000                                            
Accrued interest         127,800                                        
Unsecured Loan One Fund Two [Member]                                                  
IfrsStatementLineItems [Line Items]                                                  
Interest rate     1.00%                                            
Borrowings     $ 1,597,500                                            
Debt discount     $ 97,500                                            
Loan, maturity date     December 31, 2023                                            
Loan, maturity date extend     December 31, 2024                                            
Interest payment on loan     $ 60,000                                            
Accrued interest         191,700                                        
Unsecured loan six [member]                                                  
IfrsStatementLineItems [Line Items]                                                  
Interest rate                                     12.00% 12.00%          
Borrowings [7]         1,329,003                                      
Debt instruments issued                                     $ 138,782 $ 200,000          
Accrued interest expense         1,617     $ 183             $ 2,031     $ 263              
Unsecured loan seven [member]                                                  
IfrsStatementLineItems [Line Items]                                                  
Debt instruments issued                               $ 1,202,380 ₺ 50,000,000                
Accrued interest expense         $ 164,588                                        
[1] On July 20, 2023, the Company entered into a promissory note for CAD$300,000 (USD$228,023) with a company controlled by a related party as at December 31, 2025 and 2024. The promissory note bears an interest rate of 6% per annum. The principal plus all accrued unpaid interest is to be repaid on demand but no later than December 31, 2024, as a result, the Company is currently in default on this loan. During the year ended December 31, 2025, CAD$8,000 (USD$5,536) of the principal balance was repaid and CAD$2,693 (USD$1,965) in interest was accrued. During the year ended December 31, 2024, CAD$218,509 (USD$157,016) of the principal balance was repaid and CAD$13,072 (USD$9,543) in interest was accrued.
[2] On September 1, 2023, the Company entered into a promissory note with 2476393 Alberta Ltd for CAD$546,000 (USD$402,115). The promissory note bears an interest rate of 6% per annum. The principal plus all accrued unpaid interest is to be repaid on demand but no later than December 31, 2024. During the year ended December 31, 2024, the Company entered into a debt settlement agreement to settle the CAD$546,000 (USD$397,948) principal amount. The Company issued 546,000 shares at a deemed price of $1.00 per share resulting in a CAD$109,200 (USD$81,417) loss on extinguishment of loan payable.
[3] On July 1, 2023, the Company entered into agreements with TR1 Master Fund to borrow $1,065,000 and $1,597,500. The loans were issued with a $65,000 and $97,500 discount, respectively, and bear an interest rate of 1% per month. The maturity date was December 31, 2023, and the Company is claiming that the principal of TR1 Master Fund agreed to extend the loans to December 31, 2024. In the event that the loan is repaid in full prior to the maturity date, the minimum interest payments on the loans are $40,000 and $60,000, respectively. If, during the period that any amount of the loan remains outstanding, the Company issues any equity, the Lender may demand repayment of all or part of the principal amount of the loan in an amount equal to the aggregate subscription price of the equity offering. Accrued interest in excess of the minimum interest payments of $127,800 and $191,700, respectively were recorded during the year ended December 31, 2025. The Company is currently in default on these loans, however, the Company has filed claims in connection with the ongoing receivership proceedings of the lender and related entities, and is seeking to offset any amounts outstanding against damages claimed by the Company (Note 24).
[4] On December 13, 2024, Park Place Turkey Limited entered into a loan with Garanti Bank in the amount of $1,120,000. The loan matures on November 13, 2025, and bears interest at 8.25% per annum. Principal and accrued interest are paid monthly. During the year ended December 31, 2025, the Company made $1,035,679 in principal payments and $42,979 in interest payments. As at December 31, 2025, the loan amount had been fully repaid. During the year ended December 31, 2024, the Company made $89,857 in principal payments and $7,700 in interest payments.
[5] On December 18, 2024, Park Place Turkey Limited entered into a loan with Garanti Bank in the amount of ₺37,500,000 (or approximately USD$1,070,617). The loan matures on November 18, 2025, and bears interest at 52% per annum. Principal and accrued interest are paid monthly. During the year ended December 31, 2025, the Company made ₺35,081,997 (USD$816,877) in principal payments and ₺9,795,037 (USD$228,075) in interest payments. As at December 31, 2025, the loan amount had been fully repaid. During the year ended December 31, 2024, the Company made ₺2,418,003 (USD$68,349) in principal payments and ₺1,625,000 (USD$45,933) in interest payments.
[6] On December 27, 2024, the Company entered into a loan agreement with an officer of the Company for CAD$200,000 (USD$138,782). The loan bears interest at 12% per annum and is due on demand. As at December 31, 2025, the loan accrued interest of CAD$2,031 (USD$1,617) (2024 - CAD$263 (USD$183)). The Company is not in default on this loan.
[7] On July 17, 2025, Park Place Turkey Limited drew down ₺50,000,000 (or approximately USD$1,202,380) from their overdraft facility with Ziraat Bankasi. This balance bears interest at a variable rate based on the banks effective interest rate (approximately 31% for the year ended December 31, 2025) payable at the end of each quarter. As at and for the year ended December 31, 2025, the loan accrued interest expense of $164,588. The Company is not in default on this loan.