| Schedule of Stock option transactions |
Stock option transactions are summarized as follows:
| For the years ended January 31,
|
| 2026
| 2025
| 2024
|
|
Number
of
Options
| Weighted
Average
Exercise
Price
|
Number
of
Options
| Weighted
Average
Exercise
Price
|
Number
of
Options
| Weighted
Average
Exercise
Price
|
|
|
|
|
|
|
|
Outstanding,
beginning of year
| 3,333,000
| $ 2.38
| 2,465,000
| $ 2.87
| 3,225,000
| $ 2.84
|
Granted
| 1,430,000
| $ 2.13
| 1,568,000
| $ 1.89
| 700,000
| $ 3.00
|
Expired
| (1,400,000)
| $ 2.00
| (700,000)
| $ 3.00
| (1,460,000)
| $ 2.86
|
|
|
|
|
|
|
|
Outstanding,
end of year
| 3,363,000
| $ 2.43
| 3,333,000
| $ 2.38
| 2,465,000
| $ 2.87
|
|
|
|
|
|
|
|
Options exercisable,
end of year
| 3,363,000
| $ 2.43
| 3,333,000
| $ 2.38
| 2,465,000
| $ 2.87
|
|
|
|
|
|
|
|
Weighted average remaining life of
outstanding options granted in years
| 0.58
|
| 1.14
|
| 2.10
|
|
|
|
|
|
|
|
Weighted average fair value
per option granted
| $ 0.41
|
| $ 0.14
|
| $ 0.06
|
|