XML 42 R32.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Note 7 - Capital Stock and Reserves (Details Textual)
 3 Months Ended 9 Months Ended 12 Months Ended 15 Months Ended
Aug. 22, 2023
CAD ($)
$ / shares
shares
Aug. 22, 2023
USD ($)
$ / shares
shares
Jun. 30, 2024
CAD ($)
$ / shares
shares
Jun. 30, 2023
CAD ($)
Mar. 31, 2024
CAD ($)
$ / shares
shares
Mar. 31, 2024
CAD ($)
$ / shares
shares
Jun. 30, 2024
CAD ($)
$ / shares
shares
Aug. 24, 2023
CAD ($)
shares
Mar. 31, 2023
CAD ($)
shares
Statement Line Items [Line Items]                  
Proceeds from issuing shares     $ 1,350,129 $ 0          
Payments for share issue costs     22,869 (0) $ 480,415        
Total equity     $ 13,722,691 $ 9,980,831 13,209,537 $ 13,209,537 $ 13,722,691   $ 10,387,622
Increase (decrease) in number of shares outstanding, issued for services (in shares) | shares           30,900      
Issue of equity, shares issued for services           $ 187,872      
Number of share options exercised in share-based payment arrangement     (0)     36,000      
Proceeds from exercise of options           $ 131,400      
Increase (decrease) through exercise of options, equity         $ 131,400        
Exercise price of outstanding share options (in CAD per share) | $ / shares         $ 4.95 $ 4.95      
Stock options, term (Year)     10 years       10 years    
Number of share options granted in share-based payment arrangement     0     238,500      
Number of share options expired in share-based payment arrangement           80,300      
Share-based arrangement, payment reserve, forfeited           $ 860,158      
Common shares [member]                  
Statement Line Items [Line Items]                  
Number of share options exercised in share-based payment arrangement           36,000      
Proceeds from exercise of options           $ 131,400      
Increase (decrease) through exercise of options, equity           $ 53,400      
Exercise price of outstanding share options (in CAD per share) | $ / shares         $ 4.95 $ 4.95      
The 2023 stock incentive plan [member]                  
Statement Line Items [Line Items]                  
Share-based compensation, number of shares authorized (in shares) | shares     850,000       850,000    
Options issued to consultant one [member]                  
Statement Line Items [Line Items]                  
Number of share options granted in share-based payment arrangement           17,500      
Weighted average exercise price of share options granted in share-based payment arrangement (in CAD per share) | $ / shares           $ 5.65      
Share-based payment arrangement, award vesting period (Year)           3 years      
Share-based payment arrangement, options, fair value         $ 60,200 $ 60,200      
Options issued to directors and a consultant [member]                  
Statement Line Items [Line Items]                  
Number of share options granted in share-based payment arrangement           40,000      
Weighted average exercise price of share options granted in share-based payment arrangement (in CAD per share) | $ / shares           $ 6.6      
Share-based payment arrangement, award vesting period (Year)           3 years      
Share-based payment arrangement, options, fair value         173,500 $ 173,500      
Options issued to officers [member]                  
Statement Line Items [Line Items]                  
Number of share options granted in share-based payment arrangement           85,000      
Weighted average exercise price of share options granted in share-based payment arrangement (in CAD per share) | $ / shares           $ 6.6      
Share-based payment arrangement, award vesting period (Year)           5 years      
Share-based payment arrangement, options, fair value         445,500 $ 445,500      
Options issued to consultant two [member]                  
Statement Line Items [Line Items]                  
Number of share options granted in share-based payment arrangement           36,000      
Weighted average exercise price of share options granted in share-based payment arrangement (in CAD per share) | $ / shares           $ 3.65      
Share-based payment arrangement, options, fair value         53,400 $ 53,400      
Options Issued to Director [Member]                  
Statement Line Items [Line Items]                  
Number of share options granted in share-based payment arrangement           20,000      
Weighted average exercise price of share options granted in share-based payment arrangement (in CAD per share) | $ / shares           $ 5.47      
Share-based payment arrangement, award vesting period (Year)           3 years      
Share-based payment arrangement, options, fair value         75,500 $ 75,500      
Options issued to officer [member]                  
Statement Line Items [Line Items]                  
Number of share options granted in share-based payment arrangement           20,000      
Weighted average exercise price of share options granted in share-based payment arrangement (in CAD per share) | $ / shares           $ 3.98      
Share-based payment arrangement, award vesting period (Year)           5 years      
Share-based payment arrangement, options, fair value         66,600 $ 66,600      
Options issued to consultant three [member]                  
Statement Line Items [Line Items]                  
Number of share options granted in share-based payment arrangement           20,000      
Weighted average exercise price of share options granted in share-based payment arrangement (in CAD per share) | $ / shares           $ 3.3      
Share-based payment arrangement, award vesting period (Year)           2 years      
Share-based payment arrangement, options, fair value         66,600 $ 66,600      
Performance stock options [member]                  
Statement Line Items [Line Items]                  
Number of share options expired in share-based payment arrangement           15,000      
Total expense from share-based payment transactions     $ 0     $ 0      
Warrants issued in public offering [member]                  
Statement Line Items [Line Items]                  
Class of warrant or right, exercise price of warrants or rights (in CAD per share) | $ / shares $ 6.25                
Class of warrant or right, granted, value           270,400      
Class of warrant or right, number of securities called by each warrant or right (in shares) | shares 1                
Warrants and rights outstanding, term (Year) 5 years 5 years              
Derivative financial liabilities $ 823,597       $ 656,946 656,946      
Total gains (losses) on financial liabilities at fair value through profit or loss           $ 166,651      
Class of warrant or right, granted (in shares) | shares           40,000      
Underwriter warrants [member]                  
Statement Line Items [Line Items]                  
Class of warrant or right, granted (in shares) | shares 40,000 40,000              
Total equity $ 270,400                
Unit warrants expiring August 24, 2028 [member]                  
Statement Line Items [Line Items]                  
Class of warrant or right outstanding 1 (in shares) | shares     800,000   800,000 800,000 800,000 800,000 0
Class of warrants or rights outstanding, value     $ 481,469   $ 656,946 $ 656,946 $ 481,469 $ 823,597  
Unit warrants expiring April 29, 2026 [member]                  
Statement Line Items [Line Items]                  
Class of warrant or right outstanding 1 (in shares) | shares     247,471   0 0 247,471    
Class of warrants or rights outstanding, value     $ 480,000       $ 480,000    
Unit warrants expiring March 13, 2026 [member]                  
Statement Line Items [Line Items]                  
Class of warrant or right outstanding 1 (in shares) | shares     341,592   341,592 341,592 341,592   0
Class of warrants or rights outstanding, value     $ 377,911       $ 377,911    
Agent warrants [member]                  
Statement Line Items [Line Items]                  
Class of warrant or right, granted, value     $ 100            
Class of warrant or right, granted (in shares) | shares     51            
Class of warrant or right outstanding 1 (in shares) | shares     49,090   49,039 49,039 49,090   5,765
Agent warrants [member] | Certain underwriters or agents [member]                  
Statement Line Items [Line Items]                  
Number of warrants issued during the period (in shares) | shares     51     40,000      
Peg North Property [member]                  
Statement Line Items [Line Items]                  
Increase (decrease) in number of shares outstanding, exploration and evaluation assets option agreement (in shares) | shares     28,818     13,072      
Increase (decrease) in equity, evaluation and exploration assets option agreement     $ 100,000     $ 100,000      
Lac Simard South property [member]                  
Statement Line Items [Line Items]                  
Increase (decrease) in number of shares outstanding, exploration and evaluation assets option agreement (in shares) | shares           10,700      
Increase (decrease) in equity, evaluation and exploration assets option agreement           $ 85,600      
Jean Lake Property [member]                  
Statement Line Items [Line Items]                  
Increase (decrease) in number of shares outstanding, exploration and evaluation assets option agreement (in shares) | shares           6,128      
Increase (decrease) in equity, evaluation and exploration assets option agreement           $ 50,000      
Tranche 2 of private placement [member]                  
Statement Line Items [Line Items]                  
Cash finder's fees paid     175            
Legal and filing fees     22,869            
Flow-through premium liability     57,012       $ 57,012    
Warrant premium     480,000       480,000    
Commitment to incur expenses     1,455,129       $ 1,455,129    
Qualifying CEE     $ 117,839            
Tranche 2 of private placement [member] | Flow-through shares issued in private placement [member]                  
Statement Line Items [Line Items]                  
Number of instruments granted in share-based payment arrangement     247,471            
Class of warrant or right, exercise price of warrants or rights (in CAD per share) | $ / shares     $ 5.88       $ 5.88    
Proceeds from exercise of warrants     $ 1,455,129     105,000      
Tranche 2 of private placement [member] | Warrants issued in non-brokered private placement [member]                  
Statement Line Items [Line Items]                  
Class of warrant or right, exercise price of warrants or rights (in CAD per share) | $ / shares     $ 4       4    
Weighted average trading price (in CAD per share) | $ / shares     6       6    
Tranche 2 of private placement [member] | Finders warrants [member]                  
Statement Line Items [Line Items]                  
Class of warrant or right, exercise price of warrants or rights (in CAD per share) | $ / shares     $ 3.4       $ 3.4    
Increase (decrease) in number of shares outstanding, shares issued, share purchase finders warrants (in shares) | shares     51       51    
Class of warrant or right, granted, value     $ 100            
Shares issued in public offering [member]                  
Statement Line Items [Line Items]                  
Total increase (decrease) in number of shares outstanding (in shares) | shares 800,000 800,000              
Number of warrants per unit (in shares) | shares 1                
Number of common shares per unit (in shares) | shares 1                
Shares issued, price per share (in CAD per share) | (per share) $ 6.77 $ 5              
Proceeds from issuing shares $ 5,418,400 $ 4,000,000              
Payments for share issue costs $ 387,416 $ 286,000              
Tranche 1 of private placement [member]                  
Statement Line Items [Line Items]                  
Cash finder's fees paid           11,134      
Flow-through premium liability         $ 20,143 20,143      
Warrant premium         377,911 377,911      
Commitment to incur expenses         $ 1,109,268 $ 1,109,268      
Qualifying CEE             $ 1,109,268    
Tranche 1 of private placement [member] | Flow-through shares issued in private placement [member]                  
Statement Line Items [Line Items]                  
Number of instruments granted in share-based payment arrangement           188,651      
Class of warrant or right, exercise price of warrants or rights (in CAD per share) | $ / shares         $ 5.88 $ 5.88      
Proceeds from exercise of warrants           $ 1,109,268      
Tranche 1 of private placement [member] | Warrants issued in non-brokered private placement [member]                  
Statement Line Items [Line Items]                  
Class of warrant or right, exercise price of warrants or rights (in CAD per share) | $ / shares         4 $ 4      
Weighted average trading price (in CAD per share) | $ / shares         6 6      
Tranche 1 of private placement [member] | Finders warrants [member]                  
Statement Line Items [Line Items]                  
Class of warrant or right, exercise price of warrants or rights (in CAD per share) | $ / shares         $ 3.4 $ 3.4      
Increase (decrease) in number of shares outstanding, shares issued, share purchase finders warrants (in shares) | shares         3,274 3,274      
Class of warrant or right, granted, value           $ 9,700      
Tranche 1 of private placement [member] | Non-flow-through units issued in private placement [member]                  
Statement Line Items [Line Items]                  
Number of instruments granted in share-based payment arrangement           152,941      
Class of warrant or right, exercise price of warrants or rights (in CAD per share) | $ / shares         $ 3.4 $ 3.4      
Proceeds from exercise of warrants           $ 520,000