
	2024 Debentures		2023 Debentures		2020 Debentures		2020 IsoEnergy Debentures		2022 IsoEnergy Debentures		Total
Fair value at December 31, 2022	$	-	$	-	$	52,615	$	22,269	$	5,137	$	80,021
Fair value on issuance		-		143,702		-		-		-		143,702
Fair value adjustment		-		14,776		20,158		13,938		1,305		50,177
Settlement with shares		-		-		(72,773)		-		-		(72,773)
Disposals due to deconsolidation of IsoEnergy		-		-		-		(36,207)		(6,442)		(42,649)
Fair value at December 31, 2023	$	-	$	158,478	$	-	$	-	$	-	$	158,478
Fair value on issuance		330,916		-		-		-		-		330,916
Fair value adjustment		(33,203)		(408)		-		-		-		(33,611)
Fair Value at December 31, 2024	$	297,713	$	158,070	$	-	$	-	$	-	$	455,783

The inputs used in the pricing model as at December 31, 2024 and December 31, 2023 are as follows:


	December 31, 2024		December 31, 2023
Volatility		40.00%		43.00%
Expected life		3.7 years		4.7 years
Risk free interest rate		4.05%		3.84%
Expected dividend yield		0%		0%
Credit spread		22.89%		16.60%
Underlying share price of the Company		US$6.60		US$7.00
Conversion exercise price		US$6.76		US$6.76
Exchange rate (C$:US$)		$0.6952		$0.7551