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DERIVATIVE LIABILITIES
12 Months Ended
Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
DERIVATIVE LIABILITIES [Text Block]

8. DERIVATIVE LIABILITIES

Warrants & Conversion Feature Derivative Liability

As at December 31, 2021, the Company had certain outstanding share purchase warrants that are exercisable in a currency different from the Company's functional currency. These warrants were classified as derivative liabilities and carried at fair value and revalued at each reporting date. These warrants expired during the year ended December 31, 2022 and thus, the derivative liability attached to these warrants have been reduced to $nil.

During the years ended December 31, 2023 and 2022, the Company issued certain share purchase warrants and issued convertible debt with a conversion feature that are both exercisable in a currency different from the Company's functional currency (Note 9). The warrants and the conversion feature were classified as derivative liabilities, carried at fair value and revalued at each reporting date.

A continuity schedule of the Company's derivative liabilities is as follows:

Balance December 31, 2021 $ 55  
Expiry of warrants   (55 )
Issuance of Warrants (Note 9)   247  
Issuance of convertible debentures with conversion feature (Note 9)   131  
Fair value change on derivative liabilities   (374 )
Balance December 31, 2022   4  
Issuance of Warrants (Note 9)   280  
Issuance of convertible debentures with conversion feature (Note 9)   248  
Fair value change on derivative liabilities   (356 )
Balance December 31, 2023 $ 176