v3.26.1
WARRANTS (Tables)
3 Months Ended
Mar. 31, 2026
Warrants  
Schedule of Warrants Activity Summary Table

The following is a summary of the activity of warrants:

 

   2026-03-31   2025-12-31 
   $   $ 
Opening balance   6,465,936    761,495 
Issue of Warrants   4,803    6,532,539 
Warrants expired       (674,600)
Warrants cancelled       (153,498)
Closing balance   6,470,739    6,465,936 

 

   Three months ended March
31, 2026
 
   Number of
warrants
   Weighted
average
exercise price
 
       $ 
Opening balance   6,359,067    4.43 
Granted during the period   4,757    4.34 
Closing balance, as at March 31, 2026   6,363,824    4.43 
Closing balance of exercisable warrants, as at March 31, 2026   28,867    24.53 

 

   Twelve months ended
December 31, 2025
 
   Number of
warrants
   Weighted
average
exercise price
 
         $ 
Opening balance   61,797    114.00 
Granted during the period   6,404,177    4.82 
Expired during the period   (26,333)   168.61 
Cancelled during the period   (80,574)   39.79 
Closing balance, as at December 31, 2025   6,359,067    4.43 
Closing balance of exercisable warrants, as at December 31, 2025   6,140    78.66 

Schedule of Warrants Outstanding and Exercisable Table

The following is a summary of warrants outstanding and exercisable, as at March 31, 2026:

 

    Warrants
outstanding
   Warrants
exercisable
 
    Number   Weighted
average
contractual
life (years)
   Number   Weighted
average
contractual
life (years)
 
March 31, 2026
Exercise price
                     
$4.34    6,265,137    4.73         
$4.34    65,063    4.75         
$4.34    4,757    4.84         
$9.90    22,727    2.66    22,727    2.66 
$75.00    5,640    0.41    5,640    0.41 
$120.00    500    0.41    500    0.41 
     6,363,824         28,867      

 

 

    Warrants
outstanding
   Warrants
exercisable
 
December 31, 2025
Exercise price
   Number   Weighted
average
contractual
life (years)
   Number   Weighted
average
contractual
life (years)
 
$4.34    6,265,137    4.98         
$4.34    65,063    5.00         
$9.90    22,727    2.91         
$75.00    5,640    0.66    5,640    0.66 
$120.00    500    0.66    500    0.66 
     6,359,067         6,140