15.
Share Purchase Warrants
During
the six months ended December 31, 2025, there were 9,004,271 common shares issued related to warrants exercised.
Schedule of Share Purchase Warrants Activity
| | |
Number
of
Warrants | | |
Weighted
Average
Exercise
Price | | |
Weighted
Average
Remaining
Contractual
Term | | |
Aggregate
Intrinsic
Value | |
| | |
| | |
| | |
| | |
| |
| Balance,
June 30, 2025 | |
| 17,380,150 | | |
$ | 5.28 | | |
| | | |
| | |
| Granted | |
| 5,279,660 | | |
| 1.01 | | |
| | | |
| | |
| Exercised | |
| (4,000,000 | ) | |
| 1.10 | | |
| | | |
| | |
| Forfeited | |
| (166,378 | ) | |
| 4.80 | | |
| | | |
| | |
| Expired | |
| - | | |
| - | | |
| | | |
| | |
| Balance,
September 30, 2025 | |
| 18,493,432 | | |
$ | 5.01 | | |
| 3.56 | | |
$ | - | |
| Granted | |
| - | | |
| - | | |
| | | |
| | |
| Exercised | |
| (5,474,663 | ) | |
| 1.63 | | |
| | | |
| | |
| Forfeited | |
| - | | |
| - | | |
| | | |
| | |
| Expired | |
| (50,000 | ) | |
| 1.00 | | |
| | | |
| | |
| Balance,
December 31, 2025 | |
| 12,968,769 | | |
$ | 6.39 | | |
| 3.22 | | |
$ | - | |
| Exercisable,
December 31, 2025 | |
| 8,999,315 | | |
$ | 8.56 | | |
| 3.09 | | |
$ | - | |
|