CONVERTlBLE DEBENTURES (Tables)

3 Months Ended

Mar. 31, 2026

Convertlble Debentures

Schedule of Convertible and Unsecured Convertible Debentures Table

		Convertible debentures				Unsecured Convertible debentures				Total
			$				$				$

Balance at December 31, 2024			2,424,087				2,645,502				5,069,589
Fair Value			335,063				—				335,063
Amortization of OID			1,002,561				—				1,002,561
Conversion (a)			(800,000	)			—				(800,000	)
Accretion			422,853				—				422,853
Settlement (b)			(3,384,564	)			—				(3,384,564	)
Closing balance, as at December 31, 2025			—				2,645,502				2,645,502

Closing balance, as at March 31, 2026			—				2,645,502				2,645,502

Schedule of Debenture Pricing Model For Conversion Options Assumption

Share price	$33
Exercise price	$120
Time to maturity	6 months
Risk-free rate	3.91%
Expected volatility	26.80%
Dividend yield	Nil
Dilution factor	41.06%

Schedule of Debenture Pricing Model For Conversion Options Estimated

Share price	$27
Exercise price	$60
Time to maturity	2 years
Risk-free rate	3.03%
Expected volatility	60.18%
Dividend yield	Nil
Dilution factor	38.43%