Stock Options (Tables)

12 Months Ended

Dec. 31, 2023

Notes and other explanatory information [abstract]

Summary of Changes in Stock Options

A continuity of the Company’s outstanding stock options for the year ended December 31, 2023 and the year ended December 31, 2022 is presented below:

	Number of options			Weighted average exercise price (CAD)
Outstanding, December 31, 2021		1,528,000		$	0.79
Granted		1,442,000			1.86
Exercised		(669,000	)		1.33
Expired		(1,000	)		0.50
Outstanding, December 31, 2022		2,300,000		$	1.27
Exercised		(440,000	)		1.65
Expired		(240,000	)		0.79
Outstanding, December 31, 2023		1,620,000		$	1.24
Exercisable, December 31, 2023		1,620,000		$	1.24

Schedule of Stock Options Outstanding and Exercisable

At December 31, 2023 the Company had the following outstanding stock options:

Outstanding	Exercise Price		Expiry Date	Vested
660,000		0.75 CAD	September 19, 2024		660,000
128,000		0.40 CAD	July 31, 2025		128,000
512,000		1.50 CAD	July 26, 2025		512,000
50,000		1.90 CAD	June 6, 2026		50,000
150,000		2.20 CAD	October 27, 2025		150,000
70,000		2.20 CAD	December 9, 2024		70,000
50,000		2.20 CAD	December 9, 2025		50,000
1,620,000					1,620,000