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Financial Instruments and Financial Risk Management (Tables)
 12 Months Ended
Mar. 31, 2025
Financial Instruments and Financial Risk Management [Abstract]  
Schedule of Carrying Value of the Financial Instruments

The table below presents the carrying value of the Company’s financial instruments:

 

   Level 1   Level 2   Level 3   Total 
Investment in Psyence Labs Ltd   
-
    745,000    
-
    745,000 
Derivative warrant liabilities – public warrants   200,096    
-
    
-
    200,096 
Balance, March 31, 2025   200,096    745,000    
-
    945,096 

 

   Level 1   Level 2   Level 3   Total 
Derivative warrant liabilities – private warrants   
-
    26,608    
-
    26,608 
Derivative warrant liabilities – public warrants   875,000    
-
    
-
    875,000 
Convertible notes   
-
    
-
    7,657,397    7,657,397 
NCAC Sponsor promissory note   
-
    
-
    1,474,256    1,474,256 
PGI promissory note   
-
    
-
    1,316,236    1,316,236 
Balance, March 31, 2024   875,000    26,608    10,447,889    11,349,497 
Schedule of Maturity of the Contractual Obligations

The following table set forth the maturity of the contractual obligations as at March 31, 2025 and after

 

   Carrying Amount   Contractual Cash Flows   Less than 1 year   Between 1 and 3 years 
Accounts payable & accrued liabilities   394,270    394,270    394,270    
         -
 
Total contractual obligations   394,270    394,270    394,270    
-