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Condensed Interim Consolidated Statements of Net Loss and Comprehensive Loss (Unaudited) - CAD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
EXPENSES        
Consulting (Note 8) $ 44,849 $ 80,708 $ 92,640 $ 111,289
Investor relations and promotion (Note 8) 275,852 237,570 812,175 263,611
Listing fee 5,000 47,485 5,000 47,485
Management and director fees (Note 8) 168,000 93,900 334,500 228,900
Office and miscellaneous 80,374 78,226 157,245 89,521
Professional fees 601,175 402,054 800,725 733,211
Share-based payments (Notes 7 and 8) 112,200 694,987 112,200 710,774
Transfer agent and filing fees 26,540 132,745 61,303 171,863
Travel 6,128 37,594 8,414 41,778
Loss before other items (1,320,118) (1,805,269) (2,384,202) (2,398,432)
Finance income on sublease 0 378 0 1,314
Foreign exchange loss (30,200) (38,730) (32,755) (31,645)
Change in fair value of derivatives (Note 7) 52,806 186,378 228,283 186,378
Gain on forgiveness of debt (Note 5) 0 0 50,200 0
Gain on sublease 0 1,481 0 2,962
Interest expense (Notes 6) (34,517) (39,591) (66,932) (64,458)
Other income 161 797 161 797
Penalties and interest (190,911) 0 (190,911) 0
Recovery of flow-through premium liability (Note 7) (1,131) 0 15,152 0
Write-off of prepaid expenses 0 (1,000) 0 (1,000)
Unrealized gain on marketable securities 0 1,500 0 1,850
Realized loss on marketable securities 0 (1,595) 0 (1,595)
Net Loss and Comprehensive Loss for the period $ (1,523,910) $ (1,695,651) $ (2,381,004) $ (2,303,829)
Basic and diluted loss per common share (in CAD per share) $ (0.28) $ (0.39) $ (0.44) $ (0.56)
Weighted average number of common shares outstanding – Basic and Diluted (in shares) 5,494,542 4,327,750 5,438,679 4,150,843