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CONSOLIDATED STATEMENTS OF CASH FLOWS - CAD ($)
12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
OPERATING ACTIVITIES    
Loss for the year $ (10,039,658) $ (11,703,990)
Items not affecting cash    
Depreciation and amortisation 600,322 613,714
Loan receivable accrued interest 0 (22,739)
Loss on disposal of equipment 14,544 156,531
Share-based compensation 1,529,934 1,786,453
Valuation allowance on inventory 136,447 203,553
Net change in non-cash working capital balances 1,475,970 914,889
Cash flows used in operating activities (6,282,441) (8,051,589)
INVESTING ACTIVITIES    
Loan receivable advanced (2,587) (36,882)
Loan receivable repayment 545,850 2,500,000
Mineral exploration and evaluation expenditures capitalised (183,214) (271,857)
Proceeds on sale of property and equipment 0 10,000
Purchase of property and equipment (1,398) (320,099)
Cash flows from (used in) investing activities 358,651 1,881,162
FINANCING ACTIVITIES    
Payments on lease liability (151,129) (129,264)
Payments on long-term debt (410,980) (240,353)
Proceeds from stock options exercised 232,500 113,000
Shares purchased for cancellation (142,866) (408,853)
Units issued 3,069,950 0
Unit issue costs (73,624) 0
Cash flows used in financing activities 2,523,851 (665,470)
Change in cash and cash equivalents during the year (3,399,939) (6,835,897)
Cash and cash equivalents, beginning of year 3,521,420 10,357,317
Cash and cash equivalents, end of year $ 121,481 $ 3,521,420