9. Long-Term Debt

		2025			2024
(a)i.) Mortgage Payable-Past due June 1, 2024	$	4,097,638		$	3,903,315
(a)ii) Mortgage Payable-Past due March 1, 2024		1,094,400			1,042,500
(a)iii) Mortgage Payable-Past due November 2, 2025		1,459,200			1,390,000
(a)iv) Mortgage Payable-Past due November 2, 2024		766,080			729,750
(a)v) Mortgage Payable-Past due December 14, 2024		1,629,413			1,552,141
(a)vi.) Mortgage Payable-Past due October 2, 2024		683,931			303,020
		9,730,662			8,920,726
Current portion		(9,730,662	)		(8,920,726	)
Long-Term portion	$	-		$	-

(a) i On December 1, 2023, this 1st mortgage was renewed with a new maturity date of June 1, 2024, now past due and a fixed interest rate of 13% per annum. On renewal, the 1st mortgage was increased by $303,718 (C$416,280), from $3,793,920 (C$5,200,000) to $4,097,638 (C$5,616,280), to account for increased interest based on the previous variable rate, three months of prepaid interest and a financing fee. The 1st mortgage is secured by the shares held of 1684567, a 1st mortgage on the Belleville Facility and a general assignment of rents. Financing fees on the 1st mortgage, fully amortized by the end of the previous year, totaled $316,516 (C$455,419).

ii On March 1, 2023, the Company obtained a 2nd mortgage in the amount of $1,094,400 (C$1,500,000) bearing interest at the annual rate of 12%, repayable monthly, interest only with a maturity date of March 1, 2024, now past due, secured as noted under paragraph i) above. The Company incurred financing fees of $41,700 (C$60,000), fully amortized by the end of the previous year.

iii On November 2, 2023, the Company completed the purchase of additional land, consisting of a 2.03-acre site in Hamilton, Ontario, Canada for $2,261,760 (C$3,100,000), prior to an additional disbursement of $42,663 (C$58,475) representing land transfer tax. The Company obtained a vendor take-back mortgage in the amount of $1,459,200 (C$2,000,000) bearing interest at 7% annually, payable monthly, interest only and maturing November 2, 2025, now past due. An additional mortgage, as noted below under paragraph iv), was arranged to complete the purchase. Refer also to subsequent events, note 20(a).

iv In connection with the purchase of additional land noted above under paragraph iii) above, a 2nd mortgage was obtained in the amount of $766,080 (C$1,050,000) bearing interest at 13% annually, payable monthly interest only and secured by a 3rd mortgage on the property at the Belleville Facility.

v On December 14, 2023, the Company made arrangements to repay the previous 1st mortgage on the first property purchased in Hamilton, Ontario, Canada on August 17, 2021, for a new 1st mortgage in the amount of $1,629,413 (C$2,233,298) with new creditors. The original 1st mortgage was a vendor take back mortgage, as noted below under paragraph vi). 

vi On April 2, 2024, the Company received funds in the amount of $143,022 (C$196,028) for a $236,234 ($323,786) 4th mortgage secured by the Belleville Facility bearing interest at 12% annually payable monthly interest only maturing October 2, 2024, cross collateralized by a 3rd mortgage secured by the additional land in Hamilton, Ontario, Canada, net of unpaid interest, a financing fee of $18,765 (C$27,000), fully amortized at the end of the previous year and six months of capitalized interest. Further, additional sums totaling $447,697 (C$613,619) were advanced after April 2, 2024, resulting in a balance of $683,931 (C$937,405) at December 31, 2025. The additional advances by the private lenders were used to fund general and administrative expenses.

As at December 31, 2025, $1,934,432 (C$2,651,359) (December 31, 2024-$867,045; C$1,247,547) of accrued interest is included in accrued liabilities in the consolidated balance sheets.

For the year ended December 31, 2025, $1,096,557 (C$1,532,145) (2024-$1,126,326; C$1,542,490) in interest was incurred on the mortgages payable.

All the long-term debt is in default. Refer also to going concern, note 2 and subsequent events, note 20(e).