v3.26.1
Notes Payable
 12 Months Ended
Feb. 28, 2026
Debt Disclosure [Abstract]  
Notes payable
6.
Notes Payable
 
a)
On May 20, 2020, the Company entered into a promissory note with a third-party lender for $25,000, which is unsecured, bears interest of 10% per annum and matured on May 20, 2023. As at February 28, 2026, the Company has recognized accrued interest of $14,452 (2025
–
$
11,952), which is included in accounts payable and accrued liabilities.
 
b)
On May 27, 2020, the Company entered into a promissory note with the U.S. Small Business Administration for $77,800, which is secured by the assets of the Company, bears interest of 3.75% per annum and matures on May 27, 2050. Instalment payments, including principal and interest, of $380 per month will begin 12 months from the date of the promissory note. As at February 28, 2026, the Company has recognized accrued interest of $16,030 (2025
–
$13,112), which is included in accounts payable and accrued liabilities.
 
c)
On October 22, 2021, the Company entered into a promissory note with a third-party lender for $25,500, which is unsecured, bears interest of 10% per annum and matured on October 13, 2023. As at February 28, 2026, the Company has recognized accrued interest of $11,108
(2025
–
$8,558), which is
included in accounts payable and accrued liabilities.