DERIVATIVE LIABILITIES (Tables)

3 Months Ended

Jun. 30, 2022

Debt Instrument [Line Items]

SCHEDULE OF DERIVATIVE LIABILITIES

	Total $
Derivative liabilities as at March 31, 2022		352,402
Change in fair value of derivatives during the period		195,521
Reduction due to preferred shares redeemed		(10,605	)
Derivative liabilities as at June 30, 2022		537,318

SCHEDULE OF WARRANT DERIVATIVE COMPONENTS VALUATION ASSUMPTIONS

The lattice methodology was used to value the derivative components, using the following assumptions for the three months ended June 30, 2022:

	Assumptions
Dividend yield		12	%
Risk-free rate for term		2.13% - 2.54	%
Volatility		94.4% - 101.9	%
Remaining terms (Years)		1.50 to 3.01
Stock price ($ per share)	$	1.23 to $1.77

Convertible Debt [Member]

Debt Instrument [Line Items]

SCHEDULE OF DERIVATIVE LIABILITIES

	Total
	$
Balance at March 31, 2022		520,747
For the three months ended June 30, 2022
Conversion to common shares		(104,118	)
Change in fair value of derivative liabilities		2,703
Balance at June 30, 2022		419,332

SCHEDULE OF WARRANT DERIVATIVE COMPONENTS VALUATION ASSUMPTIONS

The monte-carlo methodology was used to value the convertible note and warrant derivative components, using the following assumptions for the three months ended June 30 2022:

	Conversion and redemption features
Risk-free rate for term (%)	1.82 – 2.37
Volatility (%)	87.6 – 95.5
Remaining terms (Years)	0.50 – 0.63
Stock price ($ per share)	1.10 – 1.77