RELATED PARTY DISCLOSURES

9 Months Ended

Jun. 30, 2026

Notes and other explanatory information [abstract]

18.

RELATED PARTY DISCLOSURES

(a)

Key management personnel transactions

Key management includes the Company’s directors, officers and any consultants with the authority and responsibility for planning, directing, and controlling the activities of an entity, directly or indirectly, and includes Chief Executive Officer, Chief Financial Officer, Chief Technical Officer. Amounts owing to related parties consists of amounts due to key management.

During the three and nine months ended June 30, 2026 and 2025, key management personnel compensation consisted of short-term and long-term benefits and remuneration, and was classified as follows:

	Three months ended June 30, 2026		Three months ended June 30, 2025		Nine months ended June 30, 2026		Nine months ended June 30, 2025
Cash compensation:		$		$		$		$

Mohammed Salah Bakhashwain		—		—		113,000		338,000
Giovanni Gaudenzi		40,000		200,000		90,000		270,000
Frank Aadnevik		—		241,000		75,000		241,000
Total cash compensation		40,000		441,000		278,000		849,000
Share-based payments:
Mohammed Salah Bakhashwain		—		1,000,000		3,000,000		5,000,000
Giovanni Gaudenzi		—		—		700,000		1,200,000
Frank Aadnevik		—		625,000		—		625,000
Total share-based payments		—		1,625,000		3,700,000		6,825,000

Total compensation		40,000		2,066,000		3,978,000		7,674,000

Related parties include the Company’s directors and officers, entities controlled by them, and other parties meeting the definition in IAS 24. These balances are unsecured, due on demand and non-interest-bearing unless otherwise stated.

As at June 30, 2026 and September 30, 2025, amounts due to related parties consisted of the following:

	June 30, 2026		September 30, 2025
		$		$

Balances included in accounts and other payables		—		95,758
Related party advances		151,361		150,794

The Company’s unsecured convertible loan from its former Chief Executive Officer had a carrying amount, including accrued interest, of $1,752,590 as at June 30, 2026. The loan and related conversion right remain subject to the dispute described in Note 23.