XML 66 R36.htm IDEA: XBRL DOCUMENT v3.23.1
ADDITIONAL PAID-IN CAPITAL (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of number of stock options issued and outstanding [Table Text Block]
    As at December 31, 2022     As at December 31, 2021  
   

Number of
options

   

Weighted
average
exercise price
(CAD)

    Number of
options
    Weighted
average
exercise price
(CAD)
 
Outstanding, beginning of year   19,915,000     0.12     14,690,000     0.08  
Granted   11,394,283     0.08     12,900,000     0.16  
Expired   (1,695,000 )   0.10     (275,000 )   0.65  
Cancelled   -     -     (2,515,000 )   0.15  
Exercised   -     -     (4,885,000 )   0.07  
Outstanding, end of year   29,614,283     0.11     19,915,000     0.12  
Schedule of number of outstanding and exercisable stock options based on expiry date [Table Text Block]
Expiry date  

Exercise price
(CAD)

   

Number of
options
outstanding

   

Remaining
contractual life
in years

   

Number of
options
exercisable

 
September 20, 2023   0.06     1,470,000     0.72     1,470,000  
June 21, 2024   0.07     1,900,000     1.47     1,900,000  
August 8, 2024   0.06     500,000     1.61     500,000  
June 20, 2025   0.08     2,450,000     2.47     2,450,000  
August 18, 2025   0.072     2,394,283     2.63     2,394,283  
June 18, 2026   0.25     3,950,000     3.47     3,950,000  
September 17, 2026   0.11     4,500,000     3.72     4,500,000  
October 21, 2026   0.09     2,700,000     3.81     2,700,000  
December 12, 2026   0.12     750,000     3.95     750,000  
May 25, 2027   0.085     9,000,000     4.40     9,000,000  
Outstanding, December 31, 2022         29,614,283           29,614,283  
Expiry date  

Exercise price
(CAD)

   

Number of
options
outstanding

   

Remaining
contractual life
in years

   

Number of
options
exercisable

 
June 23, 2022   0.10     1,695,000     0.48     1,695,000  
September 20, 2023   0.06     1,470,000     1.72     1,470,000  
June 21, 2024   0.07     1,900,000     2.47     1,900,000  
August 8, 2024   0.06     500,000     2.61     500,000  
June 20, 2025   0.08     2,450,000     3.47     2,450,000  
June 18, 2026   0.25     3,950,000     4.47     1,975,000  
September 17, 2026   0.11     4,500,000     4.72     2,250,000  
October 21, 2026   0.09     2,700,000     4.81     675,000  
December 12, 2026   0.12     750,000     4.95     187,500  
Outstanding, December 31, 2021         19,915,000           13,102,500  
Schedule of assumptions used to calculate fair value of stock options granted [Table Text Block]
   

Year ended December
31, 2022

   

Year ended December
31, 2021

 
Risk-free interest rate   2.58% - 3.28%     0.97% - 1.33%  
Expected life (years)   3 - 5     5  
Annualized volatility   147% - 150%     101% - 107%  
Forfeiture rate   0%     0%  
Dividend yield   0%     0%  
Schedule of number of warrants issued and outstanding [Table Text Block]
    December 31, 2022     December 31, 2021  
   

Number of
warrants

   

Weighted
average
exercise price

   

Number of
warrants

   

Weighted
average
exercise price

 
Outstanding, beginning of year   83,083,504   $ 0.09     12,769,230   $ 0.05  
Issued   29,850,738     0.067     71,314,274     0.10  
Exercised   (2,000,000 )   0.05     (1,000,000 )   0.05  
Expired   (9,769,230 )   0.05     -     -  
Outstanding, end of year   101,165,012   $ 0.09     83,083,504   $ 0.09  
Schedule of number of outstanding warrants based on expiry date [Table Text Block]
Expiry date Currency   Exercise price     December 31,

2022

   

December 31,

2021

 
August 28, 2022 USD   0.05     -     11,000,000  
September 20, 2022 CAD   0.065     -     769,230  
September 13, 2024 USD   0.10     26,488,733     26,488,733  
September 27, 2024 USD   0.10     13,152,909     13,152,909  
October 21, 2024 USD   0.10     31,672,632     31,672,632  
February 17, 2024 USD   0.067     16,044,774     -  
March 8, 2024 USD   0.067     13,805,964     -  
Outstanding at the end of the year           101,165,012     83,083,504  
Schedule of number of RSUs issued and outstanding [Table Text Block]
    Number of

RSUs

 
Outstanding at December 31, 2021   -  
Granted   8,000,000  
Released   (1,333,333 )
Cancelled   (1,333,333 )
Outstanding at December 31, 2022   5,333,334