14. Warrants
The following summarizes the broker warrants activity for the year ended October 31, 2025:
| |
|
Number of |
|
|
Grant date Fair |
|
|
Weighted average |
|
| |
|
warrants |
|
|
value |
|
|
exercise price |
|
| Outstanding at October 31, 2023 |
|
- |
|
$ |
- |
|
$ |
- |
|
| Granted |
|
247,000 |
|
|
3,909 |
|
|
0.04 |
|
| Outstanding at October 31, 2024 |
|
247,000 |
|
|
3,909 |
|
$ |
0.04 |
|
| Exercised |
|
(184,000 |
) |
|
(700 |
) |
|
(0.04 |
) |
| Outstanding at October 31, 2025 |
|
63,000 |
|
$ |
3,209 |
|
$ |
0.07 |
|
The following table summarizes the warrants outstanding and exercisable as at October 31, 2025:
| Expiry |
Number of |
|
Exercise |
Remaining |
| date |
warrants |
|
price |
contractual life |
| December 22, 2025 |
63,000 |
|
$0.07 ($0.095 CAD) |
0.14
|
| |
63,000 |
|
$0.07 ($0.095 CAD) |
0.14
|
|