v3.26.1
Share Capital (Tables)
12 Months Ended
Mar. 31, 2026
Share Capital [Abstarct]  
Schedule of Continuity for Stock Options

The continuity for stock options for the years ended March 31, 2026, 2025 and 2024 is as follows:

 

 

 

Number of Stock Options

Weighted Average

Exercise Price

Balance, fully vested and exercisable at March 31, 2023 1,560,526 $1.04
Granted 2,000,000 $0.59
Balance, fully vested and exercisable at March 31, 2024 3,560,526 $0.79
Granted 1,200,000 $0.18
Balance, fully vested and exercisable at March 31, 2025 4,760,526 $0.63
Expired unexercised (1,036,842) $0.97
Balance, fully vested and exercisable at March 31, 2026 3,723,684 $0.54
Schedule of Stock Options Outstanding

As at March 31, 2026, the following stock options were outstanding:

Expiry Date   Number Outstanding Number Exercisable  Weighted average
exercise price
Average Remaining
Contractual Life
April 26, 2026  (1) 1,200,000 1,200,000 $0.18 0.07
May 14, 2026  (1) 223,684 223,684 $1.33 0.12
July 13, 2026  (1) 236,842 236,842 $0.95 0.28
January 6, 2027   63,158 63,158 $1.33 0.77
June 4, 2028   2,000,000 2,000,000 $0.59 2.18
  3,723,684 3,723,684 $0.54 1.24
Schedule of Share Purchase Warrants

The continuity for share purchase warrants for the years ended March 31, 2026, 2025 and 2024 is as follows:

 

  Number of Warrants Weighted Average
Exercise Price
Balance, March 31, 2023 2,349,429 $1.69
Issued 927,778 $0.65
Expired (1,895,670) $1.69
Balance, March 31, 2024 1,381,537 $1.00
Expired (453,759) $1.71
Balance, March 31, 2025 927,778 $0.65
Issued 9,500,000 $0.25
Expired (927,778) $0.65
Balance, March 31, 2026 9,500,000 $0.25
Schedule of Warrants Outstanding

As at March 31, 2026, the Company had the following warrants outstanding:

  

 

Expiry date

 

Exercise price

Number Outstanding and

Exercisable

Average Remaining

Contractual Life

January 21, 2027 $0.25 3,000,000 0.81
February 2, 2027 $0.25 6,500,000 0.84
  $0.25 9,500,000 0.83
Schedule of Continuity for Restricted Share Units

The continuity for restricted share units for the years ended March 31, 2026, 2025 and 2024 is as follows: 

 

  RSU’s outstanding
Balance, March 31, 2023 -
Granted 1,425,000
Vested and issued (1,425,000)
Balance, March 31, 2024 and March 31, 2025 -
Granted 4,500,000
Vested and issued (4,500,000)
Balance, March 31, 2026 -