| Schedule of Lease Liability Recognized |
The details of the lease liability
recognized as at December 31, 2025 are as follows:
| | |
Office Lease | | |
Tower Leases | | |
Total | |
| Balance, December 31, 2023 | |
$ | 135,337 | | |
$ | — | | |
$ | 135,337 | |
| Accrued interest | |
| 4,663 | | |
| — | | |
| 4,663 | |
| Lease payables transferred back from AP for cash settlement | |
| 160,000 | | |
| — | | |
| 160,000 | |
| Cash payments | |
| (300,000 | ) | |
| — | | |
| (300,000 | ) |
| Movement in exchange rates | |
| — | | |
| — | | |
| — | |
| Balance, December 31, 2024 | |
| — | | |
| — | | |
| — | |
| Additions | |
| 272,274 | | |
| 64,653 | | |
| 336,927 | |
| Acquisition (note 4) | |
| — | | |
| 189,096 | | |
| 189,096 | |
| Accrued interest | |
| 11,564 | | |
| 8,973 | | |
| 20,537 | |
| Cash payments | |
| (96,000 | ) | |
| (17,782 | ) | |
| (113,782 | ) |
| Reclass to Accounts payable | |
| (48,000 | ) | |
| — | | |
| (48,000 | ) |
| Movement in exchange rates | |
| — | | |
| 11,343 | | |
| 11,343 | |
| Balance, December 31, 2025 | |
$ | 139,838 | | |
$ | 256,283 | | |
$ | 396,121 | |
The Company has committed to the following
undiscounted minimum lease payments remaining as at December 31, 2025:
| Years ended December 31: | |
| |
| 2026 | |
$ | 213,739 | |
| 2027 | |
| 51,553 | |
| 2028 | |
| 51,553 | |
| 2029 | |
| 51,553 | |
| 2030 | |
| 51,553 | |
| Thereafter | |
| 67,227 | |
| | |
$ | 487,178 | |
|