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Note 7 - Capital Stock and Reserves (Tables)
12 Months Ended
Mar. 31, 2024
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, 2024

  

Granted

  

Exercised

  

Forfeited / Expired

  

Balance June 30, 2024

  

Exercisable

 
                             

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   -   -   (20,000)  42,000   42,000 

December 13, 2025

 $9.50   21,000   -   -   -   21,000   21,000 

March 26, 2026

 $3.30   20,000   -   -   -   20,000   20,000 

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 

September 6, 2028

 $6.60   85,000   -   -   (32,500)  52,500   52,500 

February 15, 2029

 $3.98   20,000   -   -   -   20,000   20,000 
                             

Total

      333,500   -   (-)  (52,500)  281,000   281,000 
                             

Weighted average exercise price

     $7.38  $-  $-  $7.51  $7.36  $7.36 
                             

Weighted average remaining life (years)

     $2.61               2.33     

Expiry Date

 

Exercise Price

  

Balance March 31, 2023

  

Granted

  

Exercised

  

Forfeited / Expired

  

Balance March 31, 2024

  

Exercisable

 
                             

March 1, 2024

 $16.50   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)  -   - 

March 26, 2026

 $3.30   -   20,000   -   -   20,000   20,000 

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 

February 15, 2029

 $3.98   -   20,000   -   -   20,000   20,000 
  $-   -   -   -   -   -   - 
                             

Total

      211,300   238,500   (36,000)  (80,300)  333,500   333,500 
                             

Weighted average exercise price

     $10.81  $5.87  $4.70  $9.95  $7.38  $7.38 
                             

Weighted average remaining life (years)

     $2.57               2.61     

Expiry Date

 

Exercise Price

  

Balance March 31, 2023

  

Granted

  

Exercised

  

Forfeited / Expired

  

Balance March 31, 2024 and June 30, 2024

  

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)

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

March 31,
2024

 
     

Fair value per option

 $5.42 

Exercise price

 $5.49 

Expected life (years)

  3.50 

Interest rate

  4.17%

Annualized volatility (based on historical volatility)

  108%

Dividend yield

  0.00%
Disclosure of detailed information about warrant transactions [text block]

Expiry Date

 

Exercise Price

  

Balance March 31, 2024

  

Granted

  

Exercised

  

Forfeited / Expired

  

Balance June 30, 2024

 
                         

August 24, 2028

 $USD 6.25   800,000   -   -   -   800,000 

March 13, 2026

 $4.00   341,592   -   -   -   341,592 

April 29, 2026

 $4.00   -   247,471   -   -   247,471 
                         

Total

      1,141,592   247,471   -   -   1,389,063 
                         

Weighted average exercise price

     $5.58  $4.00  $-  $-  $5.30 
                         

Weighted average remaining life (years)

      3.67               3.14 

Expiry Date

 

Exercise Price

  

Balance March 31, 2023

  

Granted

  

Exercised

  

Forfeited / Expired

  

Balance March 31, 2024

 
                         

December 2, 2023

 $6.50   24,000   -   -   (24,000)  - 

August 24, 2028

 $USD 6.25   -   800,000   -   -   800,000 

March 13, 2026

 $4.00   -   341,592   -   -   341,592 
                         

Total

      24,000   1,141,592   -   (24,000)  1,141,592 
                         

Weighted average exercise price

     $6.50  $5.58  $-  $6.50  $5.58 
                         

Weighted average remaining life (years)

      0.67               3.67 

Expiry Date

 

Exercise Price

  

Balance March 31, 2024

  

Granted

  

Exercised

  

Cancelled / Expired

  

Balance March 31, 2024

 
                         

July 19, 2024

 $10.00   5,765   -   -   -   5,765 

August 21, 2028

 $USD 6.25   40,000   -   -   -   40,000 

March 13, 2026

 $3.40   3,274   -   -   -   3,274 

April 29, 2026

 $3.40   -   51   -   -   51 
                         

Total

      49,039   51   -   -   49,090 
                         

Weighted average exercise price

     $6.50  $3.40  $-  $-  $6.49 
                         

Weighted average remaining life (years)

      2.94               3.51 

Expiry Date

 

Exercise Price

  

Balance March 31, 2023

  

Granted

  

Exercised

  

Cancelled / Expired

  

Balance March 31, 2024

 
                         

July 19, 2024

 $10.00   5,765   -   -   -   5,765 

August 21, 2028

 $USD 6.25   -   40,000   -   -   40,000 

March 13, 2026

 $3.40   -   3,274   -   -   3,274 
                         

Total

      5,765   43,274   -   -   49,039 
                         
          $USD 6.25             

Weighted average exercise price

     $10.00  $CAD 3.40  $-  $-  $6.50 
                         

Weighted average remaining life (years)

                      2.94 
Disclosure of derivative financial instruments [text block]
  

As at
June 30, 2024

  

As at
March 31, 2024

  

At grant date
August 24, 2023

 
             

Number of warrants outstanding

  800,000   800,000   800,000 

Warrant price at valuation date

 

0.44 USD

  

0.61 USD

  

0.76 USD

 

Exchange rate

  1.36781   1.35397   1.35460 

Fair value of warrants outstanding (derivative liability)

 $481,469  $656,946  $823,597 
Unit warrants expiring on both March 13, 2026 and April 29, 2026 [member]  
Statement Line Items [Line Items]  
Disclosure of indirect measurement of fair value of warrants granted during period [text block]
  

June 30,
2024

  

March 31,
2024

 
         

Fair value per option

 $3.71  $3.77 

Exercise price

 $4.00  $4.00 

Expected life (years)

  2.00   2.00 

Interest rate

  4.30%  3.50%

Annualized volatility (based on historical volatility)

  100.90%  110.96%

Dividend yield

  0.00%  0.00%
  

June 30,
2024

  

March 31,
2024

 
         

Fair value per option

 $1.96  $7.95 

Exercise price

 $3.40  $8.09 

Expected life (years)

  2.00   4.78 

Interest rate

  4.30%  4.09%

Annualized volatility (based on historical volatility)

  100.9%  113.0%

Dividend yield

  0.00%  0.00%