RIGHT-OF-USE BUILDING

12 Months Ended

Dec. 31, 2023

Right-of-use Building

RIGHT-OF-USE BUILDING

NOTE 5 - RIGHT-OF-USE BUILDING

A summary of the Company’s right-of-use building asset at December 31, 2023 and 2022 is as follows: 

	2023			2022
Opening balance	$	6,050,540		$	–
Additions		–			6,320,666
Depreciation		(180,399	)		(270,126	)
Closing balance	$	5,870,141		$	6,050,540

Included in the additions for the year ended December 31, 2022 is a $922,918 increase relating to a lease liability deposit (See Notes 1 and 11).