v3.26.1
SHARE CAPITAL AND RESERVES (Tables)
12 Months Ended
Mar. 31, 2026
SHARE CAPITAL AND RESERVES  
Schedule of purchase options

 

 

March 31, 2026

 

 

March 31, 2025

 

 

 

Weighted

Average Exercise Price

 

 

Number

 of Options

 

 

Weighted

 Average Exercise Price

 

 

Number

of Options

 

Beginning balance

 

 

0.133

 

 

 

5,945,332

 

 

 

0.102

 

 

 

13,410,000

 

Cancelled

 

 

0.670

 

 

 

(50,000)

 

 

0.116

 

 

 

(1,480,000)

Exercised

 

 

0.274

 

 

 

(183,332)

 

 

0.095

 

 

 

(6,214,668)

Expired

 

NA

 

 

 

 

 

 

0.120

 

 

 

(60,000)

Granted

 

 

1.115

 

 

 

600,000

 

 

 

0.670

 

 

 

290,000

 

Ending balance

 

 

0.218

 

 

 

6,312,000

 

 

 

0.133

 

 

 

5,945,332

 

Schedule of options outstanding

 

 

 

 

Weighted Average

 

 

Number of

 

 

Number of

 

 

 

 

 

 

Remaining Contractual

 

 

Options

 

 

Options

 

Exercise price

 

 

Expiry date

 

Life (periods)

 

 

Outstanding

 

 

Exercisable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

0.125

 

 

11-Apr-26

 

 

0.03

 

 

 

120,000

 

 

 

120,000

 

$

0.105

 

 

22-Mar-29

 

 

2.98

 

 

 

5,100,000

 

 

 

5,100,000

 

$

0.105

 

 

22-Mar-27

 

 

0.98

 

 

 

302,000

 

 

 

302,000

 

$

0.670

 

 

4-Feb-30

 

 

3.85

 

 

 

190,000

 

 

 

126,667

 

$

0.680

 

 

27-Jun-30

 

 

4.24

 

 

 

100,000

 

 

 

100,000

 

$

0.770

 

 

9-Jul-27

 

 

1.27

 

 

 

100,000

 

 

 

100,000

 

$

1.310

 

 

25-Feb-31

 

 

4.91

 

 

 

400,000

 

 

 

66,667

 

 

 

 

 

 

 

 

2.97

 

 

 

6,312,000

 

 

 

5,915,333

 

Schedule of share purchase warrants

 

 

March 31, 2026

 

 

March 31, 2025

 

 

 

Weighted

Average

Exercise Price

 

 

Number

 of Warrants

 

 

Weighted

Average

 Exercise Price

 

 

Number

of Warrants

 

Beginning balance

 

 

0.08

 

 

 

4,807,693

 

 

 

0.07

 

 

 

10,984,163

 

Exercised

 

NA

 

 

 

 

 

 

0.06

 

 

 

(6,176,470)

Ending balance

 

 

0.08

 

 

 

4,807,693

 

 

 

0.08

 

 

 

4,807,693

 

Schedule of option pricing model

 

 

March 31, 2026

 

 

March 31, 2025

 

Risk-free rate:

 

2.66% to 2.86

%

 

 

2.66%

Expected life:

 

2 to 5 years

 

 

5 years

 

Expected volatility:

 

99% - 114

%

 

 

120%

Expected dividends:

 

Nil

 

 

Nil

 

Weighted average fair value per option:

 

$0.821

 

 

$0.576

 

Schedule of warrants outstanding

Weighted Average

Remaining Contractual

Warrants

Exercise price

Expiry date

Life (periods)

Outstanding

 $0.080

1-Dec-28

2.67

4,807,693

 

 

2.67

4,807,693