XML 72 R55.htm IDEA: XBRL DOCUMENT v3.23.1
SHARE CAPITAL, WARRANTS AND OPTIONS (Details Narrative)
 1 Months Ended 3 Months Ended 12 Months Ended
Aug. 03, 2022
$ / shares
shares
Apr. 26, 2022
Apr. 30, 2022
USD ($)
$ / shares
shares
Apr. 30, 2022
CAD ($)
Mar. 31, 2023
CAD ($)
$ / shares
shares
Mar. 31, 2022
CAD ($)
shares
Dec. 31, 2022
CAD ($)
shares
Dec. 31, 2021
shares
IfrsStatementLineItems [Line Items]                
Share consolidation description         5-for-1      
Common share issued           86,540,753    
Warrants outstanding         1,551,005   1,098,786  
Outstanding shares 31,748,399              
Share capital of the company immediately post RTO, Shares 113,905,935              
Share based compensation | $         $ 2,593,095    
Reserves | $         $ 284,116   $ 7,731,117  
Deferred share unit plan [member]                
IfrsStatementLineItems [Line Items]                
Shares outstanding         322,901   200,000  
Share based compensation | $         $ 157,292   $ 298,000  
Premium nickel resources corporation [member]                
IfrsStatementLineItems [Line Items]                
Common share issued 82,157,536              
Common stock price per shares | $ / shares $ 2.00              
Outstanding shares 77,948,368              
North American Nickel Inc [member]                
IfrsStatementLineItems [Line Items]                
Share capital of the company immediately post RTO, Shares 31,748,399              
North American Nickel Inc [member] | Amalgamation Agreement [Member]                
IfrsStatementLineItems [Line Items]                
Share consolidation description   5-to-1            
Exchange ratio for RTO   1.054            
Brokered private placement [member]                
IfrsStatementLineItems [Line Items]                
Common share issued         4,437,184      
Common stock price per shares | $ / shares         $ 1.75      
Gross proceeds | $         $ 7,765,072      
Broker warrants [member]                
IfrsStatementLineItems [Line Items]                
[custom:DescriptionForOfferingShares]         In connection with the Offering, the Company: (a) paid to the agents a cash commission of $473,383, equal to 6% of the gross proceeds (other than on certain president’s list purchasers on which a cash commission of 3% was paid); and (b) issued to the agents that number of non-transferable broker warrants of the Company (the “Broker Warrants”) as is equal to 6% of the number of common Shares sold under the Offering (other than on common shares issued to president’s list purchasers on which Broker Warrants equal to 3% were issued).      
[custom:WarrantExercisePrice-0] | $ / shares         $ 1.75      
Warrants outstanding         221,448      
Fair value of warrants liability | $         $ 167,939      
Share issuance cost | $         $ 133,164      
Ordinary shares [member]                
IfrsStatementLineItems [Line Items]                
Common share issued         120,958,527   116,521,343  
Shares outstanding         120,958,527 82,106,977 [1] 116,521,343 76,679,908
Non-brokered private placement [member]                
IfrsStatementLineItems [Line Items]                
Gross proceeds     $ 17,731,238 $ 22,388,599        
Common share price per share | $ / shares     $ 2.00          
Non-brokered private placement [member] | Finder one [member]                
IfrsStatementLineItems [Line Items]                
Commision percentage     6.00%          
Cash commission | $       1,535,727        
Non-brokered private placement [member] | Finder two [member]                
IfrsStatementLineItems [Line Items]                
Commision percentage     6.00%          
Value of shares issued | $       $ 176,398        
Series 1 convertible preferred shares [member]                
IfrsStatementLineItems [Line Items]                
Convertible preferred shares         100,000,000      
Ordinary shares [member] | Non-brokered private placement [member]                
IfrsStatementLineItems [Line Items]                
Common share issued     8,936,167          
Ordinary shares [member] | Non-brokered private placement [member] | Finder two [member]                
IfrsStatementLineItems [Line Items]                
Common share issued     70,548          
[1] The number of shares shown is on a pre-RTO and pre-consolidation basis, representing the actual number of shares outstanding of PNRC as at March 31, 2022. In connection with the RTO, shareholders of PNRC exchanged their shares at a rate of 1.054 shares of the Company for each share of PNRC (Note 3). The number of shares on a post-RTO, post-consolidation basis as at March 31, 2022 would be 86,540,753.