Derivative Warrant Liabilities (Tables)
|
12 Months Ended |
Mar. 31, 2026 |
|---|
| Derivative Warrant Liabilities [Abstract] |
|
| Schedule of Private Warrants |
The Company utilizes a Black-Scholes
options valuation model to value the private warrants at each reporting period, using the following main assumptions: | | | Warrant
Inputs at
March 31,
2026 | | | Warrant
Inputs at
March 31,
2025 | | | Share price | | $ | 2.46 | | | $ | 29.89 | | | Expected dividend yield | | | Nil | | | | Nil | | | Exercise price | | $ | 42,963.28 | | | $ | 42,963.28 | | | Risk-free interest rate | | | 4.21 | % | | | 4.21 | % | | Expected life | | | 3.00 | | | | 4.00 | | | Expected volatility | | | 59.98 | % | | | 59.98 | % | | Expiry date | | | January 25, 2029 | | | | January 25, 2029 | |
|
| Schedule of Derivative Warrant Liability |
As at March 31, 2026, the derivative warrant liability
was reconciled as follows:
| | |
Number | | |
Amount ($) | |
| At listing January 25, 2024 | |
| 3,499 | | |
| 595,358 | |
| Fair value loss | |
| - | | |
| 306,250 | |
| Opening balance April 1, 2024 | |
| 3,499 | | |
| 901,608 | |
| Warrant exchange | |
| (177 | ) | |
| (6,996 | ) |
| Fair value gain | |
| - | | |
| (694,516 | ) |
| Balance as at March 31, 2025 | |
| 3,322 | | |
| 200,096 | |
| Fair value loss | |
| - | | |
| 15,380 | |
| Balance as at March 31, 2026 | |
| 3,322 | | |
| 215,476 | |
|
| Schedule of Warrant Transactions |
Warrant transactions and the number of warrants
outstanding are summarized as follows:
| | |
Public Warrants | | |
Private Warrants | |
| | |
Number of
Warrants | | |
Weighted
Average
Exercise
Price | | |
Number of
Warrants | | |
Weighted
Average
Exercise
Price | |
| Balance, March 31, 2024 | |
| 3,346 | | |
$ | 42,963.28 | | |
| 153 | | |
$ | 42,963.28 | |
| Warrant exchange | |
| (177 | ) | |
$ | 42,963.28 | | |
| - | | |
$ | 42,963.28 | |
| Balance, March 31, 2025 | |
| 3,169 | | |
$ | 42,963.28 | | |
| 153 | | |
$ | 42,963.28 | |
| Balance, March 31, 2026 | |
| 3,169 | | |
$ | 42,963.28 | | |
| 153 | | |
$ | 42,963.28 | |
|
| Schedule of Warrants Outstanding and Exercisable |
The following warrants were outstanding and exercisable
at March 31, 2026:
| Issue Date | | Expiry Date | | Exercise
Price | | | Number of
Warrants
Outstanding | | | Number of
Warrants
Exercisable | | | January 25, 2024 | | January 25, 2029 | | $ | 42,963.28 | | | | 3,322 | | | | 3,322 | |
|