XML 56 R26.htm IDEA: XBRL DOCUMENT
v3.24.2

Share Capital (Tables) | 12 Months Ended
--- | ---
Apr. 30, 2024
Warrants [Member] |
Disclosure of terms and conditions of share-based payment arrangement [line items] |
Disclosure of warrant transactions [Table Text Block] |
|  | April 30, 2024 |  |  | April 30, 2023 |
|  | Number of warrants |  |  | Weighted average exercise price |  |  | Number of warrants |  |  | Weighted average exercise price |
|  |  |  |  | $ |  |  |  |  |  | $ |
Warrants outstanding, beginning of the year |  | 14,771,833 |  |  | 1.91 |  |  | 32,424,902 |  |  | 2.68 |
Issued |  | 1,380,000 |  |  | 1.50 |  |  | 14,967,963 |  |  | 1.91 |
Exercised |  | (714,670 | ) |  | (1.46 | ) |  | (196,130 | ) |  | (1.97 | )
Expired |  | - |  |  | - |  |  | (32,424,902 | ) |  | (2.68 | )
Warrants outstanding, end of the year |  | 15,437,163 |  |  | 1.89 |  |  | 14,771,833 |  |  | 1.91 |
Disclosure of warrants outstanding and exercisable [Table Text Block] |
Expiry date | Exercise price $ | Number of warrants outstanding and exercisable
15-Nov-24 | 2.00 | 11,705,850
15-Nov-24 | 1.45 | 714,150
09-Feb-25 | 1.65 | 1,637,163
28-Feb-26 | 1.50 | 1,380,000
|  | 15,437,163
Disclosure of fair value assumptions of warrants granted [Table Text Block] |
| For the year ended
| April 30, 2024 | April 30, 2023
Risk Free Interest Rate | 4.18% | 3.86% - 3.98%
Expected Dividend Yield | - | -
Expected Volatility | 61.35% | 101.32%
Expected Term in Years | 2 years | 2 years
Stock option plan [Member] |
Disclosure of terms and conditions of share-based payment arrangement [line items] |
Disclosure of continuity of stock options [Table Text Block] |
|  | April 30, 2024 |  |  | April 30, 2023 |
|  | Number of options |  |  | Weighted average exercise price |  |  | Number of options |  |  | Weighted average exercise price |
|  |  |  | $ |  |  |  |  |  | $ |
Options outstanding, beginning of the year |  | 15,926,972 |  |  | 1.69 |  |  | 14,640,472 |  |  | 1.64 |
Issued |  | 4,500,000 |  |  | 1.57 |  |  | 2,720,000 |  |  | 1.63 |
Cancelled |  | (841,000 | ) |  | (1.85 | ) |  | (658,153 | ) |  | (2.06 | )
Exercised |  | (782,250 | ) |  | (1.38 | ) |  | (775,347 | ) |  | (0.41 | )
Options outstanding, end of the year |  | 18,803,722 |  |  | 1.66 |  |  | 15,926,972 |  |  | 1.69 |
Options exercisable, end of the year |  | 15,469,222 |  |  | 1.68 |  |  | 13,692,722 |  |  | 1.69 |
Disclosure of options outstanding and exercisable [Table Text Block] |
Expiry date |  | Exercise price $ |  |  | Adjusted exercise price $ |  |  | Number of Options outstanding |  |  | Number of Options exercisable |
27-Feb-29 |  | 0.15 |  |  | 0.14 |  |  | 605,000 |  |  | 605,000 |
13-Jun-24 |  | 0.17 |  |  | 0.16 |  |  | 350,000 |  |  | 350,000 |
30-Dec-24 |  | 0.69 |  |  | 0.66 |  |  | 875,000 |  |  | 875,000 |
07-Jan-25 |  | 0.72 |  |  | 0.69 |  |  | 60,000 |  |  | 60,000 |
29-Jun-25 |  | 0.79 |  |  | 0.76 |  |  | 920,000 |  |  | 920,000 |
06-Aug-25 |  | 2.15 |  |  | 2.07 |  |  | 1,490,000 |  |  | 1,490,000 |
01-Oct-25 |  | 1.46 |  |  | 1.40 |  |  | 115,000 |  |  | 115,000 |
01-Dec-25 |  | 1.46 |  |  | 1.40 |  |  | 100,000 |  |  | 100,000 |
12-Jan-26 |  | 1.71 |  |  | 1.64 |  |  | 60,000 |  |  | 60,000 |
17-Feb-26 |  | 1.50 |  |  | 1.44 |  |  | 1,867,722 |  |  | 1,867,722 |
22-Jun-26 |  | 2.31 |  |  | 2.22 |  |  | 3,581,000 |  |  | 3,581,000 |
12-Jul-26 |  | 2.44 |  |  | 2.34 |  |  | 220,000 |  |  | 220,000 |
27-Jul-26 |  | 2.44 |  |  | 2.34 |  |  | 139,000 |  |  | 139,000 |
24-Sep-26 |  | 2.25 |  |  | 2.25 |  |  | 1,825,000 |  |  | 1,825,000 |
01-Feb-27 |  | 2.45 |  |  | 2.45 |  |  | 300,000 |  |  | 300,000 |
02-Jun-27 |  | 1.74 |  |  | 1.74 |  |  | 509,000 |  |  | 412,000
10-Feb-28 |  | 1.60 |  |  | 1.60 |  |  | 1,797,000 |  |  | 1,083,000 |
19-May-28 |  | 1.60 |  |  | 1.60 |  |  | 3,340,000 |  |  | 1,324,000 |
15-Nov-28 |  | 1.36 |  |  | 1.36 |  |  | 400,000 |  |  | 80,000 |
18-Dec-25 |  | 1.53 |  |  | 1.53 |  |  | 250,000 |  |  | 62,500 |
|  |  |  |  |  |  |  | 18,803,722 |  |  | 15,469,222 |
Disclosure of fair value assumptions of options granted [Table Text Block] |
| For the year ended
| April 30, 2024 | April 30, 2023
Risk Free Interest Rate | 3.29%-3.99% | 2.89% - 3.31%
Expected Dividend Yield | - | -
Expected Volatility | 63.00%-96.24% | 101.32%
Expected Term in Years | 2-5 years | 5 years
Restricted shares units ("RSU") [Member] |
Disclosure of terms and conditions of share-based payment arrangement [line items] |
Disclosure of number and weighted average exercise prices of RSUs [Table Text Block] |
|  | April 30, 2024 |  |  | April 30, 2023 |
|  | Number of RSUs |  |  | Weighted average exercise price |  |  | Number of RSUs |  |  | Weighted average exercise price |
|  |  |  |  | $ |  |  |  |  |  | $ |
RSUs outstanding, beginning of the year |  | 1,133,572 |  |  | 1.60 |  |  | - |  |  | - |
Issued |  | 318,000 |  |  | 1.89 |  |  | 1,133,572 |  |  | 1.60 |
Exercised and converted to shares |  | (206,786 | ) |  | (1.60 | ) |  | - |  |  | - |
Cancelled |  | (200,713 | ) |  | (1.60 | ) |  | - |  |  | - |
RSUs outstanding, end of the year |  | 1,044,073 |  |  | 1.69 |  |  | 1,133,572 |  |  | 1.60 |
Disclosure of RSUs outstanding and exercisable [Table Text Block] |
Expiry date | Exercise price $ | Number of RSUs outstanding | Number of RSUs exercisable
10-Feb-26 | 1.60 | 726,073 | 130,165
01-Apr-27 | 1.89 | 318,000 | -
|  | 1,044,073 | 130,165

X
- Definition The disclosure of information about indirect, by reference to the fair value of the equity instruments granted, measurement of the fair value of goods or services received as consideration for the entity's other equity instruments (ie other than share options). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2023-01-01 -Paragraph 47 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2023-en-r&anchor=para_47_b&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedOtherEquityInstrumentsGrantedDuringPeriodExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of information about indirect, by reference to the fair value of the equity instruments granted, measurement of the fair value of goods or services received as consideration for the entity's share options. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2023-01-01 -Paragraph 47 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2023-en-r&anchor=para_47_a&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the number and weighted average exercise prices of other equity instruments (ie other than share options). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 2 -IssueDate 2023-01-01 -Paragraph 45 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2023-en-r&anchor=para_45&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the number and weighted average exercise prices of share options. [Refer: Weighted average [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2023-01-01 -Paragraph 45 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2023-en-r&anchor=para_45_b&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the range of exercise prices for outstanding share options. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2023-01-01 -Paragraph 45 -Subparagraph d -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2023-en-r&anchor=para_45_d&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfRangeOfExercisePricesOfOutstandingShareOptionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table. + References No definition available. + Details
Name: | ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Information about disclosure of range of exercise prices of outstanding share options other equity instruments. + References No definition available. + Details
Name: | vzla_DisclosureOfRangeOfExercisePricesOfOutstandingShareOptionsOtherEquityInstrumentsExplanatory
Namespace Prefix: | vzla_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Information related to disclosure of restricted stock unit outstanding . + References No definition available. + Details
Name: | vzla_DisclosureOfRestrictedStockUnitOutstandingTableTextBlock
Namespace Prefix: | vzla_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of information bout restricted stock unit oustanding. + References No definition available. + Details
Name: | vzla_DisclosureOfRestrictedStockUnitTableTextBlock
Namespace Prefix: | vzla_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ifrs-full_WarrantsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=vzla_StockOptionPlanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ifrs-full_RestrictedShareUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |