| Schedule of stock option plan |
| | | | | | | | | | | | | | | | | | | | Six Months Ended | | | Year Ended | | | June 30, 2026 | | | December 31, 2025 | | | | | Weighted | | | | | | | | Weighted | | | | | | | | Average | | Aggregate | | | | | Average | | Aggregate | | | Number of | | Exercise Price | | Intrinsic Value | | | Number of | | Exercise Price | | Intrinsic Value | | | Options | | (C$) | | (C$) | | | Options | | (C$) | | (C$) | | | | | | | | | | | | | | | | | | | Balance, beginning of the period | | 3,455,000 | | $ | 0.79 | | | | | | 4,152,232 | | $ | 0.78 | | | | Granted | | 240,000 | | | 3.33 | | | | | | 240,000 | | | 1.25 | | | | Exercised | | (560,000) | | | 0.65 | | | | | | — | | | — | | | | Forfeited/cancelled | | — | | | — | | | | | | (500,000) | | | 0.64 | | | | Expired | | — | | | — | | | | | | (437,232) | | | 1.14 | | | | Balance, end of the period | | 3,135,000 | | $ | 1.01 | | $ | 5,948,550 | | | 3,455,000 | | $ | 0.79 | | $ | 6,014,550 |
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| Schedule of stock options outstanding |
| | | | | | | | | | | | | | | | | | June 30, 2026 | | | December 31, 2025 | | | Exercise | | Number of | | | | | Exercise | | Number of | | | Expiry Date | | Price (C$) | | Options | | Exercisable | | | Price (C$) | | Options | | Exercisable | May 27, 2026* | | $ | 0.92 | | 225,000 | | 225,000 | | | $ | 0.92 | | 255,000 | | 255,000 | May 25, 2027 | | $ | 1.31 | | 240,000 | | 240,000 | | | $ | 1.31 | | 240,000 | | 240,000 | May 24, 2028 | | $ | 0.92 | | 240,000 | | 240,000 | | | $ | 0.92 | | 240,000 | | 240,000 | May 23, 2029 | | $ | 0.63 | | 210,000 | | 210,000 | | | $ | 0.63 | | 240,000 | | 240,000 | May 29, 2030 | | $ | 0.94 | | 240,000 | | 240,000 | | | $ | 0.94 | | 240,000 | | 160,000 | December 2, 2026 | | $ | 0.64 | | 1,500,000 | | 1,500,000 | | | $ | 0.64 | | 2,000,000 | | 2,000,000 | June 4, 2031 | | $ | 1.25 | | 240,000 | | 160,000 | | | $ | 1.25 | | 240,000 | | 80,000 | May 27, 2032 | | $ | 3.33 | | 240,000 | | 80,000 | | | | — | | — | | — | | | | — | | 3,135,000 | | 2,895,000 | | | | — | | 3,455,000 | | 3,215,000 |
*Expiry date automatically extended to August 28, 2026, the tenth business day following the end of a normally scheduled quarterly blackout period imposed on the holders of the stock options, pursuant to the terms of the Stock Option Plan.
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| Schedule of deferred share units outstanding |
| | | | | | | | | | | | | | Six Months Ended | | | Year Ended | | | June 30, 2026 | | | December 31, 2025 | | | | | Weighted Average | | | | | Weighted Average | | | Number of | | Grant Date Fair | | | Number of | | Grant Date Fair | | | Units | | Value (C$) | | | Units | | Value (C$) | Balance, beginning of the period | | 3,476,102 | | $ | 0.88 | | | 3,144,102 | | $ | 0.84 | Issued | | 264,543 | | | 3.35 | | | 332,000 | | | 1.25 | Balance, end of the period | | 3,740,645 | | $ | 1.06 | | | 3,476,102 | | $ | 0.88 |
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