v3.26.1
Subsequent Events
3 Months Ended
Jun. 30, 2026
Subsequent Events [Abstract]  
Subsequent Events [Text Block]

29.  Subsequent Events

Subsequent to the period ended June 30, 2026, the Company issued 1,273,625 common shares under the RSU plan upon the exercise of restricted share units.

Subsequent to the period ended June 30, 2026, the Company issued 2,002,330 November 2025 ATM Shares pursuant to the November 2025 ATM Equity Program for gross proceeds of $6.3 million.  The November 2025 ATM shares were sold at prevailing market prices for an average price per November 2025 ATM Share of $3.13 (C$4.41). Pursuant to the November 2025 Equity Distribution Agreement, a cash commission of $0.2 million on the aggregate gross proceeds raised was paid to the Agents in connection with its services under the November 2025 Equity Distribution Agreement.

On July 17, 2026 the Company’s wholly-owned subsidiary Buzz Beta Cloud Inc., entered into a binding purchase agreement for the acquisition of equipment and related services totalling $186.9 million. Under the terms of the agreement a 10% non-refundable deposit was required to secure the order, and on July 24, 2026, the Company paid the required deposit of approximately $18.7 million.  A further 15% is payable upon notification that the OEM has received the required components, with the remaining 75% due prior to shipment. The Company intends to fund the remaining balance from existing cash resources and available financing sources.