v3.26.1
DERIVATIVE LIABILITIES (Tables)
 3 Months Ended
Jun. 30, 2026
SCHEDULE OF DERIVATIVE LIABILITIES

 

   June 30, 2026   March 31, 2026 
   $   $ 
Derivative liabilities, beginning of period   1,396,908    1,478,717 
New issuance [Note 9]   -    - 
Change in fair value of derivatives during period   105,616    125,814 
Reduction due to preferred shares converted [Note 9]   -    (207,623)
Derivative liabilities, end of period   1,502,524    1,396,908 
Convertible Debt [Member]  
SCHEDULE OF CONVERTIBLE NOTE AND WARRANT DERIVATIVE COMPONENTS VALUATION ASSUMPTIONS

The Monte-Carlo methodology was used to value the convertible note and warrant derivative components during the three months ended June 30, 2026 and March 31, 2026, using the following assumptions:

 

    June 30, 2026    March 31, 2026 
Risk-free rate for term (%)   0.2 – 4.1    0.2 – 4.1 
Volatility (%)   104.7 – 172.5    104.7 – 172.5 
Remaining terms (Years)   0.25 – 0.47    0.25 – 0.47 
Stock price ($ per share)   0.12 – 0.71    0.24 – 0.71 
SCHEDULE OF CONVERTIBLE NOTE AND WARRANT DERIVATIVE LIABILITIES

 

   June 30, 2026   March 31, 2026 
   $   $ 
         
Balance beginning of period   445,893    424,200 
Issuance   -    - 
Conversion to common shares   -    - 
Convertible note redemption   -    (19,842)
Change in fair value of derivative liabilities   4,435    41,535 
End of derivative treatment   -    - 
Balance end of period –   450,328    445,893 
Series A Preferred Stock [Member]  
SCHEDULE OF CONVERTIBLE NOTE AND WARRANT DERIVATIVE COMPONENTS VALUATION ASSUMPTIONS

The lattice methodology was used to value the derivative components of Preferred Stock, using the following assumptions during the three months ended June 30, 2026, and March 31, 2026:

 

   June 30, 2026   March 31, 2026 
Dividend yield (%)   12    12 
Risk-free rate for term (%)   3.5-4.1    3.5 – 4.1 
Volatility (%)   104.7-156.4    104.7 – 156.4 
Remaining terms (Years)   0.25-0.5    0.25 – 0.5 
Stock price ($ per share)   0.12-0.53    0.24 – 0.53