XML 49 R28.htm IDEA: XBRL DOCUMENT
v3.25.1

SHARE CAPITAL (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Disclosure of classes of share capital [abstract] |
Disclosure of detailed information about number and weighted average exercise prices of stock options [Table Text Block] |
|  | Weighted |  |  |  |  |
|  | Average |  |  |  |  |
|  | Exercise Price |  |  |  | Number |
|  | (C$) |  |  |  | Outstanding |
As at December 31, 2022 | $ | 7.26 |  |  |  | 2,818,902 |
Granted |  | 4.05 |  |  |  | 922,500 |
Issued as part of Nova Transaction (Note 4) |  | 6.10 |  |  |  | 2,013,118 |
Exercised (1) |  | 2.91 |  |  |  | (779,527 | )
Expired |  | 11.73 |  |  |  | (60,000 | )
Forfeited |  | 5.98 |  |  |  | (80,000 | )
As at December 31, 2023 | $ | 6.83 |  |  |  | 4,834,993 |
Granted |  | 4.14 |  |  |  | 160,000 |
Exercised (1) |  | 3.69 |  |  |  | (820,781 | )
Expired |  | 8.43 |  |  |  | (1,176,005 | )
Forfeited |  | 4.47 |  |  |  | (115,000 | )
As at December 31, 2024 | $ | 7.02 |  |  |  | 2,883,207 |
(1) During the year ended December 31, 2024, 771,063 stock options were exercised on a net exercise basis with a total of 163,999 Common Shares issued for the exercise (2023 - 581,226 and 264,988, respectively).
Disclosure of detailed information about pricing model with weighted average assumptions for share option granted [Table Text Block] |
|  | Year ended |
|  | December 31, |  |  |  | December 31, |
|  | 2024 |  |  |  | 2023 |
Risk free interest rate |  | 3.62% |  |  |  | 3.71% |
Expected dividend yield |  | 0% |  |  |  | 0% |
Expected stock price volatility |  | 51% |  |  |  | 53% |
Expected life in years |  | 3.25 |  |  |  | 3.25 |
Forfeiture rate |  | 0% |  |  |  | 0% |
Disclosure of detailed information about range of exercise prices of outstanding share options [Table Text Block] |
|  |  | Exercise Price |  |  |  | Number |  |  |  | Number |
Expiry Date |  |  | (C$) |  |  |  | Outstanding |  |  |  | Exercisable |
January 15, 2025 |  | $ | 7.66 |  |  |  | 383,750 |  |  |  | 383,750 |
November 6, 2025 |  | $ | 12.85 |  |  |  | 315,000 |  |  |  | 315,000 |
April 27, 2026 |  | $ | 11.73 |  |  |  | 310,000 |  |  |  | 310,000 |
August 27, 2026 |  | $ | 9.17 |  |  |  | 217,800 |  |  |  | 217,800 |
July 20, 2027 |  | $ | 4.33 |  |  |  | 118,800 |  |  |  | 118,800 |
August 16, 2027 |  | $ | 5.98 |  |  |  | 445,000 |  |  |  | 445,000 |
February 22, 2028 |  | $ | 4.12 |  |  |  | 100,357 |  |  |  | 100,357 |
December 28, 2028 |  | $ | 4.05 |  |  |  | 832,500 |  |  |  | 416,250 |
July 23, 2029 |  | $ | 4.14 |  |  |  | 160,000 |  |  |  | - |
|  |  |  |  |  |  | 2,883,207 |  |  |  | 2,306,957 |
Disclosure of detailed information about number and weighted average exercise prices of restricted share units [Table Text Block] |
|  | Number |
|  | Outstanding |
As at December 31, 2022 |  | 721,554 |
Granted |  | 587,500 |
Settled |  | (270,704 | )
Forfeited |  | (60,000 | )
As at December 31, 2023 |  | 978,350 |
Granted |  | 300,000 |
Settled |  | (305,690 | )
Forfeited |  | (75,000 | )
As at December 31, 2024 |  | 897,660 |

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfClassesOfShareCapitalAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
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 2024-01-01 -Paragraph 47 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2024-en-r&anchor=para_47_a&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022: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 2024-01-01 -Paragraph 45 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2024-en-r&anchor=para_45&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022: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 2024-01-01 -Paragraph 45 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2024-en-r&anchor=para_45_b&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022: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 2024-01-01 -Paragraph 45 -Subparagraph d -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2024-en-r&anchor=para_45_d&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfRangeOfExercisePricesOfOutstandingShareOptionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration