Share capital and reserves (Details) |
12 Months Ended | |||||
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Oct. 07, 2022
CAD ($)
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Dec. 31, 2023
USD ($)
$ / shares
shares
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Dec. 31, 2023
CAD ($)
shares
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Dec. 31, 2022
USD ($)
$ / shares
shares
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Dec. 31, 2021
USD ($)
$ / shares
shares
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Nov. 08, 2021
shares
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Share capital and reserves | ||||||
Average Remaining contractual life | 4 years 3 months | |||||
Value of shares issued from exercise of warrants | $ | $ 296 | $ (64) | $ 2,273,043 | |||
[custom:ExpectedLife] | 5 years | 5 years | 5 years | |||
Expected volatility | 100.00% | 100.00% | 100.00% | 100.00% | ||
Share based payment expense | $ | $ 120,984 | $ 487,940 | $ 396,423 | |||
Number of warrants issued | shares | 1,998,848 | 1,998,848 | 1,670,071 | 1,443,293 | 362,333 | |
Fair value of the warrants | $ | $ 185,738 | $ 3,714,757 | ||||
Share price on date of grant | $ / shares | $ 9.09 | |||||
Expected life | 5 years | 5 years | 5 years | |||
Exercise price warrant | $ / shares | $ 10.98 | |||||
Risk free rate | 3.66% | 3.66% | ||||
Expected dividend yield | 0.00% | 0.00% | ||||
Warrant reserve [member] | ||||||
Share capital and reserves | ||||||
Average Remaining contractual life | 3 years 1 month 24 days | 3 years 1 month 24 days | 4 years 1 month 24 days | |||
Stock Options [Member] | ||||||
Share capital and reserves | ||||||
Average Remaining contractual life | 3 years 14 days | 3 years 14 days | 3 years 5 months 4 days | |||
Derivative Warrant Liabilities [Member] | ||||||
Share capital and reserves | ||||||
Expected volatility | 100.00% | 100.00% | 100.00% | 100.00% | ||
Exercise price warrant | $ / shares | $ 2.31 | $ 7.29 | $ 18.45 | |||
Expected dividend yield | 0.00% | 0.00% | 0.00% | 0.00% |
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- Definition The expected volatility of the share price used to calculate the fair value of the share options granted. Expected volatility is a measure of the amount by which a price is expected to fluctuate during a period. The measure of volatility used in option pricing models is the annualised standard deviation of the continuously compounded rates of return on the share over a period of time. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table. No definition available.
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- Definition The exercise price of share options granted. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of expense from share-based payment transactions with employees. [Refer: Expense from share-based payment transactions] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The increase (decrease) in equity resulting from the exercise of warrants. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The number of shares issued by the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The weighted average remaining contractual life of outstanding share options. [Refer: Weighted average [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- References No definition available.
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- References No definition available.
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- Definition Average yield on nontaxable investment securities. No definition available.
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- References No definition available.
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