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Derivative warrant liabilities (Tables)
12 Months Ended
Mar. 31, 2024
Derivative warrant liabilities  
Schedule of quantitative information regarding Level 2 fair value measurements of warrants

    

Warrant Inputs at

Warrant Inputs at

 

January 25, 2024

March 31, 2024

Share price

 

4.79

1.14

Expected dividend yield

 

Nil

Nil

Exercise price

 

11.50

11.50

Risk-free interest rate

 

4.01

%

4.21

%

Expected life

 

5.00

5.00

Expected volatility

 

17.67

%

59.98

%

Expiry date

January 25, 2029

January 25, 2029

Summary of warrant transactions and the number of warrants outstanding

Public Warrants

Private Warrants

Weighted

Weighted

Average

Average

Number of

Exercise

Number of

Exercise

    

Warrants

    

Price

    

Warrants

    

Price

Balance, March 31, 2023

$

$

Issued

12,500,000

11.50

570,000

11.50

Balance, March 31, 2024

12,500,000

$

11.50

570,000

$

11.50

Schedule of warrants outstanding and exercisable

Number of

Number of

Exercise

Warrants

Warrants

Issue Date

    

Expiry Date

    

Price

    

Outstanding

    

Exercisable

January 25, 2024

January 25, 2029

$

11.50

13,070,000

13,070,000

Balance, March 31, 2024

$

11.50

13,070,000

13,070,000