XML 63 R33.htm IDEA: XBRL DOCUMENT v3.25.0.1
SHARE CAPITAL (Tables)
12 Months Ended
Dec. 31, 2024
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, 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
  
51,565,802
  
$     5.08  
Granted
  
5,953,000
  
9.26  
Exercised
  
(8,757,006)
  
2.30  
Forfeited
  
(145,001)
  
7.06  
 At December 31, 2024 – Outstanding
  
48,616,795
  
$     6.09  
 At December 31, 2024 – Exercisable
  
41,107,599
  
$     5.61  
Summary of Company's Stock Options Outstanding and Exercisable
The following table summarizes information about the exercisable share options outstanding as at December 31, 2024:
 
           
Options Outstanding
   
Options Exercisable
 
Range of
exercise price
   
Weighted average
remaining
contractual life
(years)
 
Number of
options
   
Weighted
average exercise
price
   
Number of
options
    
Weighted
average exercise
price
 
$1.80 - $4.99
 
0.74
 
8,458,333
 
$ 2.64
 
8,458,333
  
$ 2.64
$5.00 - $5.99
 
2.11
 
23,641,400
 
5.59
 
23,641,400
  
5.59
$6.00 - $6.99
 
3.61
 
5,095,000
 
6.96
 
3,396,669
  
6.96
$7.00 - $7.99
 
4.59
 
1,864,062
 
7.51
 
627,864
  
7.52
$8.00 - $10.05
 
4.39
 
9,558,000
 
9.63
 
4,983,333
  
9.52
       
2.57
 
48,616,795
 
$ 6.09
 
41,107,599
  
$ 5.61
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,  
 
  
2024  
  
2023  
 Expected stock price volatility
  
61.62%
  
61.24%
 
 
 Expected life of options
  
5 years
  
5 years
 
 
 Risk free interest rate
  
3.00%
  
3.67%
 
 
 Expected forfeitures
  
0%
  
0%
 
 
 Expected dividend yield
  
0%
  
0%
 
 
 Weighted average fair value per option granted in period
  
$5.05
  
$4.48
 
 
 Weighted average exercise price
  
$9.26
  
$8.15