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Capital Stock (Tables) | 6 Months Ended
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May 31, 2023
Equity [Abstract] |
Schedule of Allocation of Fair Value of Common Shares and Common Share Purchase Warrants | Schedule of Allocation of Fair Value of Common Shares and Common Share Purchase Warrants
|  | ($) |
Fair value of common shares |  |  | 18,208,955 |
Fair value of common share purchase warrants |  |  | 1,791,045 |
Total gross proceeds from the IPO |  |  | 20,000,000 |
Gross proceeds |  |  | 20,000,000 |
Common share issuance costs |  |  | (883,311 | )
Common share purchase warrant issuance costs |  |  | (86,883 | )
Net proceeds received |  |  | 19,029,806 |
Fair value allocation to: |  |  |  |
Common shares |  |  | 17,325,644 |
Common share purchase warrants |  |  | 1,704,162 |
Total Fair Value Allocated to Shares and Warrants |  |  | 19,029,806 |
Schedule of Outstanding Share Purchase Warrants | Schedule of Outstanding Share Purchase Warrants
|  | Number of Warrants |  |  | Weighted Average Exercise Price |
Balance at November 30, 2022 |  |  | - |  |  | $ | - |
Common share purchase warrants issued at the IPO |  |  | 2,000,000 |  |  |  | 13.00 |
Exercised |  |  | (210,513 | ) |  |  | 13.00 |
Balance, May 31, 2023 |  |  | 1,789,487 |  |  | $ | 13.00 |
Schedule of Stock Option Activity | The following table summarizes the Company’s stock option activity during this period: Schedule of Stock Option Activity
|  | Number of Stock Options |  |  | Weighted Average Exercise Price |  |  | Weighted Average Remaining Contractual Term (in years) |  |  | Aggregate Intrinsic Value |
Balance, November 30, 2022 |  |  | - |  |  | $ | - |  |  |  |  |  |  | $ | - |
Granted |  |  | 82,500 |  |  |  | 10.00 |  |  |  |  |  |  |  |  |
Balance, May 31, 2023 |  |  | 82,500 |  |  | $ | 10.00 |  |  |  | 4.93 |  |  | $ | 404,250 |

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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-1 + Details
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