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Share capital
 6 Months Ended
Jun. 30, 2025
Share capital  
Share capital

9

Share capital

Common shares

The Company is authorized to issue an unlimited number of common shares.

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June 30, 

    

December 31, 

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2025

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2024

Issued and outstanding (with no par value)

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$

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$

30,053,142 (December 31, 2024 – 30,039,809) common shares

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281,641

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281,552

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Voting Power

Except as otherwise required by law, the holders of common shares possess all voting power for the election of the Company’s directors and all other matters requiring shareholder action. Holders of common shares are entitled to one vote per share on matters to be voted on by shareholders.

Dividends

Holders of common shares will be entitled to receive such dividends, if any, as may be declared from time to time by the Company’s board of directors in its discretion out of funds legally available therefor. In no event will any stock dividends or stock splits or combinations of stock be declared or made on common stock unless the shares of common stock at the time outstanding are treated equally and identically.

Liquidation, Dissolution and Winding Up

In the event of the Company’s voluntary or involuntary liquidation, dissolution, distribution of assets or winding-up, the holders of the common stock will be entitled to receive an equal amount per share of all of the Company’s assets of whatever kind available for distribution to shareholders, after the rights of the creditors have been satisfied.