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SHARE CAPITAL AND SHAREBASED PAYMENTS (Tables)
12 Months Ended
Dec. 31, 2022
SHARE CAPITAL AND SHAREBASED PAYMENTS  
Schedule Of Stock Options

 

 

Underlying

Shares

 

 

Weighted Average Exercise Price (C$)

 

 

 

 

 

 

 

 

Stock options outstanding, January 1, 2021

 

 

3,483,000

 

 

$1.77

 

Exercised

 

 

264,000)

 

$1.16

 

Expired

 

 

(360,000)

 

$2.95

 

Cancelled / Forfeited

 

 

(20,000)

 

$1.64

 

Stock options outstanding, December 31, 2021

 

 

2,839,000

 

 

$1.68

 

Granted

 

 

2,390,000

 

 

$1.20

 

Exercised

 

 

(48,000)

 

$0.79

 

Expired

 

 

(880,000)

 

$1.98

 

Cancelled / Forfeited

 

 

(45,000)

 

$1.40

 

Stock options outstanding, December 31, 2022

 

 

4,256,000

 

 

$1.36

 

Stock options exercisable, December 31, 2022

 

 

3,658,500

 

 

$1.39

 

Schedule Of Stock Options Outsanding And Exercisable

 

 

 

 

Outstanding

 

 

Exercisable

 

        Expiry Date

 

Price (C$)

 

 

Number of Options

 

 

Weighted Average Remaining Contractual Life (Years)

 

 

Number of Options

 

 

Weighted Average Remaining Contractual Life (Years)

 

August 28, 2023

 

$1.30

 

 

 

105,000

 

 

 

0.66

 

 

 

105,000

 

 

 

0.66

 

August 21, 2024

 

$0.79

 

 

 

126,000

 

 

 

1.64

 

 

 

126,000

 

 

 

1.64

 

August 4, 2025

 

$1.64

 

 

 

1,660,000

 

 

 

2.59

 

 

 

1,660,000

 

 

 

2.59

 

March 25, 2027

 

$1.20

 

 

 

2,340,000

 

 

 

4.23

 

 

 

1,755,000

 

 

 

4.23

 

May 4, 2027

 

$0.92

 

 

 

25,000

 

 

 

4.34

 

 

 

12,500

 

 

 

4.34

 

 

 

 

 

 

 

 

4,256,000

 

 

 

3.43

 

 

 

3,658,500

 

 

 

3.43

 

Schedule of fair value of the stock options was calculated using the Black-Scholes model

 

 

December 31,

2022

 

 

December 31,

2021

 

Weighted average assumptions:

 

 

 

 

 

 

 Risk-free interest rate

 

 

2.49%

 

-%

 

 Expected dividend yield

 

 

0.00%

 

-%

 

 Expected option life (years)

 

 

5.00

 

 

 

-

 

 Expected stock price volatility

 

 

59.98%

 

-%

 

 Expected forfeiture rate

 

 

20%

 

-%

 

Weighted average fair value

 

$0.63

 

 

 

-

 

Schedule Of Rsu Outstanding

 

 

Underlying

Shares

 

 

Weighted Average Price (C$)

 

 

 

 

 

 

 

 

RSUs outstanding, January 1, 2021

 

 

2,874,000

 

 

$1.28

 

Exercised

 

 

(1,330,167)

 

$1.22

 

Cancelled / Forfeited

 

 

(104,356)

 

$1.54

 

RSUs outstanding, December 31, 2021

 

 

1,439,477

 

 

$1.32

 

Granted

 

 

1,799,000

 

 

$1.19

 

Exercised

 

 

(982,879)

 

$1.18

 

Forfeited

 

 

(64,932)

 

$1.40

 

RSUs outstanding, December 31, 2022

 

 

2,190,666

 

 

$1.27

 

Schedule of summarizes information about the RSUs

        Issuance Date

 

Price (C$)

 

 

Number of RSUs Outstanding

 

August 4, 2020

 

$1.64

 

 

 

412,666

 

March 25, 2022

 

$1.19

 

 

 

1,778,000

 

 

 

 

 

 

 

 

2,190,666

 

Schedule Of Basic Earnings Per Share And Diluted Earnings Per Share

 

 

2022

 

 

2021

 

Net income (loss) from continuing operations for the period

 

$3,096

 

 

$(2,057)

Net income (loss) for the period

 

$3,096

 

 

$(2,057)

Basic weighted average number of shares outstanding

 

 

114,372,371

 

 

 

100,161,357

 

Effect of dilutive share options, warrants, and RSUs (‘000)

 

 

3,243,527

 

 

 

-

 

Diluted weighted average number of shares outstanding

 

 

117,615,898

 

 

 

100,161,137

 

Basic and diluted earnings (loss) from continuing operations per share

 

$0.03

 

 

$(0.02)

Basic and diluted earnings (loss) per share

 

$0.03

 

 

$(0.02)