Note 6. Warrants
Warrant transactions for the three-months ended March 31, 2026 are summarized
as follows:
| Schedule of warrant transactions |
|
|
|
|
|
|
| |
|
Number of
Warrants |
|
|
Weighted Average Exercise Price |
|
| |
|
|
|
|
|
|
$ |
|
| Outstanding, December 31, 2025 |
|
|
23,700,000 |
|
|
|
0.01 |
|
| Warrants expired |
|
|
13,200,000 |
|
|
|
0.01 |
|
| Outstanding at March 31, 2026 |
|
|
10,500,000 |
|
|
|
0.02 |
|
The following warrants were outstanding
and exercisable as at March 31, 2026:
| Schedule of warrants were outstanding and exercisable | |
| |
|
| Number of Warrants | |
Exercise Price | |
Expiry Date |
| | 1,000,000 | |
| 0.01 | |
April 02, 2026 |
| | 2,000,000 | |
| 0.01 | |
April 08, 2026 |
| | 500,000 | |
| 0.01 | |
April 11, 2026 |
| | 500,000 | |
| 0.01 | |
June 26, 2026 |
| | 500,000 | |
| 0.01 | |
July 25, 2026 |
| | 6,000,000 | |
| 0.02 | |
December 12, 2028 |
| | 10,500,000 | |
| | |
|
*Each warrant exercises into ½ share common stock.
|