| Schedule of Shares Issued and Outstanding |
Shares issued and outstanding
| | |
Number of shares | | |
Capital | |
| Balance, December 31, 2023 | |
| 989 | | |
$ | 51,020,121 | |
| Issuance of shares from private placement | |
| 3,452 | | |
| 1,396,702 | |
| Issuance of shares upon exercise of prefunded warrants | |
| 24,091 | | |
| 11,528,116 | |
| Cancelled shares | |
| (2,111 | ) | |
| (1,445,188 | ) |
| Share issuance costs | |
| — | | |
| (728,056 | ) |
| Fair value of RSUs redeemed at $577.97 per share | |
| 2,677 | | |
| 1,547,703 | |
| Balance, December 31, 2024 | |
| 29,098 | | |
| 63,319,398 | |
| Issuance of shares from private placement | |
| 3,250 | | |
| 320,000 | |
| Issuance of shares upon conversion of promissory note | |
| 408,427 | | |
| 10,737,400 | |
| Fair value adjustment on the converted promissory note | |
| — | | |
| (777,627 | ) |
| Share issuance costs | |
| — | | |
| (44,071 | ) |
| Impact on loss of control of Canmart | |
| — | | |
| (3 | ) |
| Balance, December 31, 2025 | |
| 440,775 | | |
$ | 73,555,097 | |
|
| Schedule of Shares Outstanding Special Shares |
A summary of the Company’s outstanding
Special Shares as at December 31, 2025 are as follows:
| | |
Number of Class A Special Shares | | |
Number of Class B Special Shares | | |
Capital | |
| Balance, December 31, 2024 | |
| — | | |
| — | | |
$ | — | |
| Issuance of special shares pursuant to the acquisition of First Towers | |
| 6,441 | | |
| 212,265 | | |
| 20,298,721 | |
| Issuance of special shares pursuant to a debt settlement | |
| — | | |
| 32,549 | | |
| 754,356 | |
| Balance, December 31, 2025 | |
| 6,441 | | |
| 244,814 | | |
$ | 21,053,077 | |
|
| Schedule of Outstanding RSUs |
A summary of the Company’s outstanding
RSUs as at December 31, 2025 are as follows:
| | |
Number of RSUs | |
| Balance, December 31, 2023 | |
| — | |
| Granted | |
| 2,677 | |
| Exercised | |
| (2,677 | ) |
| Balance, December 31, 2024 and 2025 | |
| — | |
|