v3.26.1
FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
 6 Months Ended
Jun. 30, 2026
Investments, All Other Investments [Abstract]  
SCHEDULE OF CARRYING VALUE AND FAIR VALUE OF OTHER FINANCIAL INSTRUMENTS

 

      June 30, 2026   December 31, 2025 
   Classification 

Carrying Value

$

  

Fair Value

$

  

Carrying Value

$

  

Fair Value

$

 
DSU liability(1)  Level 1   294,987    294,987    373,392    373,392 
NSR option liability(2)  Level 3   2,750,000    2,750,000    2,750,000    2,750,000 

 

Notes:

 

(1) For DSU liability, the fair value of the DSUs is measured using the closing price of the Company’s Common Shares at the end of each reporting period.
   
(2) The fair value of the NSR options is determined using a valuation model that incorporates such factors as discounted cash flow projections, metal price volatility, and risk-free interest rate. As the NSR options are exercisable entirely at the discretion of Cymbria and the underlying projects are in the exploration stage, the fair value of the call and put on the options as at June 30, 2026, and December 31, 2025, is $nil. The Option Payment of $2,750,000 was recorded as a non-current liability.
SCHEDULE OF FUTURE DEBT MATURITIES

The following represents a summary of the Company’s future debt maturities based on the principal amounts outstanding for vehicle financing and mortgage payable at June 30, 2026:

 

2026

$

  

2027

$

  

2028

$

  

2029

$

  

2030

$

  

Total

$

 
 188,556    363,305    331,266    314,502    224,520    1,422,149