(i)Loss per share 

The basic and diluted loss per share shown in these Financial Statements is calculated using the weighted-average number of common shares outstanding during the year.

The weighted average number of common shares outstanding for the year ended January 31, 2026 does not include the 3,363,000 (2025 – 3,333,000; 2024 – 2,465,000) stock options outstanding as the inclusion of these amounts would reduce the loss per share amount and are therefore considered anti-dilutive.