v3.26.1
Share Capital (Tables)
12 Months Ended
Mar. 31, 2026
Share Capital [Abstract]  
Schedule of Share Purchase Warrant Transactions

The following is a summary of option transactions:

Weighted average 

exercise price per 

  ​ ​ ​

Number of options

  ​ ​ ​

share in CAD

Balance, April 1, 2024

 

1,327,001

$

6.02

Options granted

 

330,000

 

4.41

Replacement options issued upon Adventus Acquisition

 

1,766,721

 

5.71

Options exercised

 

(934,222)

 

3.85

Options cancelled/forfeited

 

(38,334)

 

6.30

Option expired

 

(171,186)

 

9.17

Balance, March 31, 2025

 

2,279,980

$

6.20

Options granted

 

307,500

 

5.63

Options exercised

 

(541,505)

 

4.98

Options cancelled/forfeited

 

(771,701)

 

7.15

Option expired

 

(465,000)

 

8.16

Balance, March 31, 2026

 

809,274

$

4.77

Schedule of Share Purchase Warrants Outstanding

The following table summarizes information about stock options outstanding as at March 31, 2026:

Number of options

Weighted average

Number of options

outstanding at

remaining contractual

exercisable at

Weighted average

Exercise price in CAD

  ​ ​ ​

March 31, 2026

  ​ ​ ​

life (Years)

  ​ ​ ​

March 31, 2026

  ​ ​ ​

exercise price in CAD

$

7.49

20,060

0.65

20,060

$

7.49

3.93

160,000

1.07

160,000

3.93

3.65

12,444

1.65

12,444

3.65

4.08

60,000

1.90

60,000

4.08

2.67

18,270

2.83

18,270

2.67

4.41

245,667

3.00

90,667

4.41

5.07

254,500

4.03

31,583

5.07

4.83

8,333

4.10

10.85

30,000

4.69

$2.67 to $10.85

809,274

2.85

393,024

$

4.27

Schedule of Fair Value of Stock Options Granted

The fair value of stock options granted during the year ended March 31, 2026 were calculated as of the date of grant using the Black-Scholes option pricing model with the following weighted average assumptions:

  ​ ​ ​

Year ended March 31, 2026

Risk free interest rate (%)

 

2.64

Expected life of option (years)

 

2.75

Expected volatility (%)

 

48.73

Expected dividend yield (%)

 

0.67

Estimated forfeiture rate (%)

 

9.74

Weighted average share price at date of grant (in CAD)

 

5.63

Schedule of Share Purchase Warrant Transactions

The following is a summary of share purchase warrant transactions:

Weighted average exercise

  ​ ​ ​

Number of warrants

  ​ ​ ​

 price in CAD

Balance, April 1, 2024

 

$

Warrants issued upon Adventus acquisition

 

2,787,020

 

5.46

Warrants exercised

 

(29,607)

 

6.47

Warrants expired

 

(1,387,164)

 

6.47

Balance, March 31, 2025

 

1,370,249

 

4.41

Warrants exercised

 

(1,370,249)

 

4.41

Balance, March 31, 2026

 

 

Schedule of Derivative Liabilities Fair Value

  ​ ​ ​

Amount

Initial recognition on October 1, 2024

$

2,771

Value of warrants exercised

 

(11)

Change in fair value

 

(897)

Foreign exchange impact

 

(123)

Balance, March 31, 2025

$

1,740

Value of warrants exercised

 

(5,403)

Change in fair value

 

3,644

Foreign exchange impact

 

19

Balance, March 31, 2026

 

Schedule of RSUs

The following is a summary of RSUs transactions:

Weighted average grant

date closing price per

Number of units

share CAD

Balance, April 1, 2024

2,140,250

$

5.23

Granted

 

1,044,750

 

4.41

Forfeited

 

(45,167)

 

4.64

Distributed

 

(941,960)

 

5.87

Balance, March 31, 2025

 

2,197,873

$

4.58

Granted

 

1,210,500

 

5.22

Forfeited

 

(1,262,831)

 

4.61

Distributed

 

(89,333)

 

4.87

Balance, March 31, 2026

 

2,056,209

$

4.93