v3.26.1
DERIVATIVE LIABILITIES (Tables)
3 Months Ended
Mar. 31, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of derivative liability interest rate
       
Interest rate swap   $  
Balance, December 31, 2024     -  
Initial recognition     116,768  
Unrealized loss     20,273  
Balance, December 31, 2025     137,041  
Unrealized gain     (66,377 )
Balance, March 31, 2026     70,664  
Schedule of derivative liability conversion feature
               
    March 31,
2026
    December 31,
2025
 
    $     $  
Balance, beginning of period     -       -  
Fair value of warrants on reclassification     1,539,665       -  
Unrealized gain on changes in fair value     (770,714 )     -  
Balance, end of period     768,951       -  
Schedule of assumptions Black-Scholes option
                                               
Date   Expected dividends     Expected volatility     Risk-free
rate of interest
    Expected term
(years)
    Exercise price     Closing
price per
common share
 
January 1, 2026     0 %     74.74 %     2.90 %     2.76     $ 0.164(CAD$0.225 )   $ 0.51(CAD$0.70 )
March 31, 2026     0 %     76.27 %     2.90 %     2.52     $ 0.161(CAD$0.225 )   $ 0.30(CAD$0.42 )
Schedule of warrants were issued and outstanding
           
Expiry date   Number of
warrants
outstanding
    Weighted
average
exercise price
 
October 5, 2028     4,000,000     $ 0.16(CAD$0.225 )
Schedule of derivative liability conversion feature
     
Conversion feature   $ 
Balance, December 31, 2024    12,504,180 
Conversion    (6,644,436)
Realized loss on conversion    (5,859,744)
Balance, March 31, 2026 and December 31, 2025    - 
Schedule of assumptions fair value of the conversion
                                       
Date   Expected
dividends
    Expected
volatility
    Risk-free
rate of
interest
    Expected
term (years)
    Closing
price per
common share
 
December 5, 2022     0 %     112.3 %     4.53 %     4.00     $ 0.11 (CAD$0.14 )
July 13, 2023     0 %     100.6 %     4.53 %     4.00     $ 0.17 (CAD$0.23 )
August 17, 2023     0 %     100.6 %     4.81 %     4.00     $ 0.19 (CAD$0.25 )
December 31, 2024     0 %     80.5 %     2.92 %     2.53     $ 0.65 (CAD$0.93 )