v3.25.3
Share Purchase Warrants
3 Months Ended
Sep. 30, 2025
Share Purchase Warrants  
Share Purchase Warrants

15. Share Purchase Warrants

 

During the three months ended, there were 5,279,660 total warrants issued under its compensation agreements. During the three months ended September 30, 2025, there were 4,000,000 common shares issued related to warrants exercised.

 

 

   Number of
Warrants
   Weighted Average
Exercise Price
  

Weighted Average

Remaining Contractual Term

   Aggregate Intrinsic Value 
                 
Balance, June 30, 2025   17,380,150   $5.28           
Granted   5,279,660    1.01           
Exercised   (4,000,000)   1.10           
Forfeited   (166,378)   4.80           
Expired   -    -           
Balance, September 30, 2025   18,493,432   $5.01    3.56   $     - 
Exercisable, September 30, 2025   14,412,368   $5.50    2.56   $- 

 

See Note 20 regarding a discussion of warrant exercises occurring after the period ended September 30, 2025.