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Quebec Acquisition | 12 Months Ended
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Mar. 31, 2022
Quebec Acquisition [Member] |
Disclosure of detailed information about business combination [line items] |
Acquisition [Text Block] | 6. Quebec Acquisition On April 8, 2020, the Company completed the acquisition of 100% of the common shares of 9376-9974 Quebec Inc. ("9376"), a digital currency mining operation located in Lachute, Quebec from Cryptologic Corp. In consideration for 100% of the common shares of 9376, the Company paid total consideration of $3,738,809 consisting of: (i) Issuance of 3,000,000 common shares on closing valued at a price of C$1.15 per common share for a total of $2,458,470 (C$3,450,000); and (ii) Cash payment of $1,235,873 (C$1,734,315) and holdback of $44,466. The allocation of the total purchase price to the net assets acquired is as follows:
Prepaid expenses | $ | 719,699 |
Plant and equipment (Note 11) |  | 2,322,077 |
Right of use asset (Note 17) |  | 2,469,327 |
Intangible asset* |  | 872,545 |
Accounts payable |  | (175,512 | )
Lease liability |  | (2,469,327 | )
Net assets acquired | $ | 3,738,809 |
Cash paid |  | 1,235,873 |
Shares issued |  | 2,458,470 |
Holdback payable |  | 44,466 |
Total consideration | $ | 3,738,809 |
* Intangible asset relates to favourable supply arrangements acquired as part of the business acquisition and is being amortized over the term of the existing facility lease.

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