XML 71 R36.htm IDEA: XBRL DOCUMENT v3.24.0.1
SHARE CAPITAL - (Tables)
 12 Months Ended
Dec. 31, 2023
Text block [abstract]  
Summary of Stock Option Transactions and the Number of Stock Options
A summary of the changes in the share options is presented below:
 
 
 
 
 
 
 
 
 
 
     
     
Options outstanding
     
Weighted average  
exercise price (C$)  
  
 At December 31, 2021
      43,436,494      $      3.69    
Granted
      9,744,729        5.47    
Exercised
      (3,247,332)        3.08    
Expired
      (65,000)        5.52    
Forfeited
      (230,001)        5.33    
 At December 31, 2022
      49,638,890      $ 4.07    
Granted
      10,849,062        8.15    
Exercised
      (8,608,816)        3.06    
Forfeited
      (313,334)        5.51    
 At December 31, 2023 – Outstanding
   
 
51,565,802
 
   
$
5.08  
 
 At December 31, 2023 – Exercisable
   
 
41,268,569
 
   
$
4.52  
 
Summary of Company's Stock Options Outstanding and Exercisable
The following table summarizes information about the exercisable share options outstanding as at December 31, 2023:

 
Number of share
options
outstanding
 
Number of share
options exercisable
 
 
Exercise prices (C$)
 
 
Remaining
contractual life
(years)
 
 
Expiry date  
500,000
     500,000       2.27       0.22     March 21, 2024
250,000
     250,000       2.22       0.24     March 27, 2024
2,900,000
     2,900,000       1.92       0.45     June 12, 2024
188,679
     188,679       1.59       0.63     August 16, 2024
3,400,000
     3,400,000       1.59       0.98     December 24, 2024
3,875,000
     3,875,000       1.80       1.45     June 12, 2025
4,766,666
     4,766,666       3.24       1.95     December 11, 2025
250,000
     250,000       5.16       2.13     February 16, 2026
250,000
     250,000       4.53       2.25     April 1, 2026
8,330,000
     8,330,000       5.84       2.44     June 10, 2026
6,781,666
     6,781,666       5.44       2.96     December 14, 2026
94,277
     47,139       5.76       3.05     January 18, 2027
3,370,000
     2,240,014       5.31       3.63     August 17, 2027
55,452
     27,726       5.41       3.76     October 4, 2027
5,905,000
     3,925,013       5.57       3.97     December 18, 2027
300,000
     100,000       6.55       4.09     January 31, 2028
4,795,000
     1,598,333       6.99       4.65     August 22, 2028
39,062
     -       7.68       4.76     October 4, 2028
5,515,000
     1,838,333       9.33       4.95     December 11, 2028
51,565,802
  
 
41,268,569
 
                    
Summary of Weighted Average Grant Date Fair Values
The following weighted average assumptions were used for Black-Scholes valuation of the share options granted:
 
 
 
 
 
 
 
 
 
 
      For the year ended December 31,  
     
2023
  		    2022  
 Expected stock price volatility
      61.24%        62.38%  
 Expected life of options
      5 years        5 years  
 Risk free interest rate
      3.67%        2.87%  
 Expected forfeitures
      0%        0%  
 Expected dividend yield
      0%        0%  
 Weighted average fair value per option granted in period
      $4.48        $3.01  
 Weighted average exercise price
      $8.15        $5.47