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Note 9 - Capital Stock and Reserve (Tables)

9 Months Ended

Dec. 31, 2023

Statement Line Items [Line Items]

Disclosure of number and weighted average exercise prices of share options [text block]

Expiry Date		Exercise Price				Balance March 31, 2023				Granted				Exercised				Forfeited/ Expired				Balance December 31, 2023				Exercisable
March 1, 2024		$	16.50				15,000				-				-				-				15,000				15,000
November 14, 2024		$	3.65				-				36,000				(36,000	)			-				-				-
March 8, 2025		$	15.50				4,000				-				-				-				4,000				4,000
September 2, 2025		$	12.75				20,000				-				-				-				20,000				20,000
September 6, 2025		$	13.75				8,000				-				-				-				8,000				8,000
November 20, 2025		$	4.00				6,000				-				-				-				6,000				6,000
December 2, 2025		$	9.00				62,000				-				-				-				62,000				62,000
December 13, 2025		$	9.50				31,000				-				-				(10,000	)			21,000				21,000
January 15, 2026		$	7.25				35,300				-				-				-				35,300				35,300
August 25, 2026		$	5.65				-				17,500				-				-				17,500				17,500
September 6, 2026		$	6.60				-				40,000				-				-				40,000				40,000
November 1, 2026		$	7.50				10,000				-				-				-				10,000				10,000
December 4, 2026		$	5.47				-				20,000				-				-				20,000				20,000
February 16, 2027		$	17.50				20,000				-				-				(20,000	)			-				-
September 6, 2028		$	6.60				-				85,000				-				-				85,000				85,000
Total							211,300				198,500				(36,000	)			(30,000	)			343,800				343,800
Weighted average exercise price						$	10.81			$	5.87			$	3.65			$	14.83			$	8.46			$	8.46
Weighted average remaining life (years)																							2.61

Expiry Date		Exercise Price				Balance March 31, 2022				Granted				Exercised				Forfeited/ Expired				Balance March 31, 2023				Exercisable
January 4, 2023		$	14.25				105,000				-				-				(105,000	)			-				-
March 1, 2024		$	16.50				15,000				-				-				-				15,000				15,000
March 8, 2025		$	15.50				4,000				-				-				-				4,000				4,000
September 2, 2025		$	12.75				-				20,000				-				-				20,000				20,000
September 6, 2025		$	13.75				-				8,000				-				-				8,000				8,000
November 20, 2025		$	4.00				8,000				-				(2,000	)			-				6,000				6,000
December 2, 2025		$	9.00				-				62,000				-				-				62,000				62,000
December 13, 2025		$	9.50				-				31,000				-				-				31,000				31,000
January 15, 2026		$	7.25				41,300				-				(6,000	)			-				35,300				35,300
October 21, 2026		$	5.25				5,000				-				(5,000	)			-				-				-
November 1, 2026		$	7.50				10,000				-				-				-				10,000				10,000
December 3, 2026		$	12.50				6,000				-				-				(6,000	)			-				-
January 17, 2027		$	20.50				10,000				-				-				(10,000	)			-				-
February 16, 2027		$	17.50				20,000				-				-				-				20,000				20,000
Total							224,300				121,000				(13,000	)			(121,000	)			211,300				211,300
Weighted average exercise price						$	12.88			$	10.06			$	5.98			$	14.67			$	10.81			$	10.81
Weighted average remaining life (years)																							2.57

Expiry Date		Exercise Price				Balance March 31, 2023				Granted				Exercised				Forfeited/ Expired				Balance December 31, 2023				Exercisable
March 31, 2024		$	14.25				15,000				-				-				-				15,000				-
Total							15,000				-				-				-				15,000				-
Weighted average exercise price						$	14.25				-				-				-			$	14.25				-
Weighted average remaining life (years)																							0.75

Expiry Date		Exercise Price				Balance March 31, 2022				Granted				Exercised				Forfeited/ Expired				Balance March 31, 2023				Exercisable
March 31, 2024		$	14.25				15,000				-				-				-				15,000				-
Total							15,000				-				-				-				15,000				-
Weighted average exercise price						$	14.25				-				-				-			$	14.25				-
Weighted average remaining life (years)																							1.25

Disclosure of indirect measurement of fair value of goods or services received, share options granted during period [text block]

		Weighted Average for the period ended December 31, 2023				Weighted Average for the year ended March 31, 2023
Fair value per option		$	4.07			$	6.00
Exercise price		$	5.87			$	11.00
Expected life (years)			3.50				3.00
Interest rate			4.22	%			3.49	%
Annualized volatility (based on historical volatility)			109	%			118	%
Dividend yield			0.00	%			0.00	%

Disclosure of detailed information about warrant transactions [text block]

Expiry Date		Exercise Price				Balance March 31, 2023				Granted				Exercised				Cancelled/ Expired				Balance December 31, 2023
December 2, 2023		$	6.50				24,000				-				-				(24,000	)			-
August 24, 2028		USD$6.25					-				800,000				-				-				800,000
Total							24,000				800,000				-				(24,000	)			800,000
Weighted average exercise price						$	6.50			USD$6.25					-			$	6.50			USD$6.25
Weighted average remaining life (years)																							4.65

Expiry Date		Exercise Price				Balance March 31, 2022				Granted				Exercised				Cancelled/ Expired				Balance March 31, 2023
August 28, 2022		$	3.75				53,778				-				(53,778	)			-				-
August 28, 2022		$	5.00				121,600				-				(121,600	)			-				-
October 29, 2022		$	12.50				36,166				-				(3,572	)			(32,594	)			-
December 15, 2022		$	5.00				22,000				-				(10,000	)			(12,000	)			-
December 2, 2023		$	6.50				47,800				-				(23,800	)			-				24,000
Total							281,344				-				(212,750	)			(44,594	)			24,000
Weighted average exercise price						$	5.98				-			$	4.98			$	10.48			$	6.50
Weighted average remaining life (years)																							0.67

Expiry Date		Exercise Price				Balance March 31, 2023				Granted				Exercised				Cancelled/ Expired				Balance December 31, 2023
July 19, 2024		$	10.00				5,765				-				-				-				5,765
August 21, 2028		USD$6.25					-				40,000				-				-				40,000
Total							5,765				40,000				-				-				45,765
Weighted average exercise price						$	10.00			USD$6.25					-				-				-
Weighted average remaining life (years)																							4.13

Expiry Date		Exercise Price				Balance March 31, 2022				Granted				Exercised				Cancelled/ Expired				Balance March 31, 2023
July 19, 2024		$	10.00				-				5,765				-				-				5,765
Total							-				5,765				-				-				5,765
Weighted average exercise price							-			$	10.00				-				-			$	10.00
Weighted average remaining life (years)																							1.30

Agent warrants [member]

Statement Line Items [Line Items]

Disclosure of indirect measurement of fair value of warrants granted during period [text block]

		For the period ended December 31, 2023				For the year ended March 31, 2023
Fair value per agents warrant		$	5.67			$	3.81
Exercise price		USD$6.25				$	10.00
Expected life (years)			5.00				2.00
Interest rate			4.14	%			3.30	%
Annualized volatility (based on historical volatility)			113	%			120	%

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+ References

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