Annual report [Section 13 and 15(d), not S-K Item 405]

WARRANTS

v3.25.1
WARRANTS
12 Months Ended
Dec. 31, 2024
WARRANTS  
WARRANTS

7.WARRANTS

As of December 31, 2024, outstanding Common Share warrants and exercise prices related to unit offerings are as follows:

Exercise

    

Number of

    

Price $

 

Warrants

Expiry date

C$12.00

 

279,613

 

November 2025

US$12.60

 

524,088

 

August 2026

US$9.60

 

146,744

 

August 2026

US$7.50

 

345,938

 

April 2028

US$6.10

 

69,188

 

April 2028

US$1.75

 

11,227,714

 

February 2029

US$2.02

14,128,696

January 2026

US$2.02

14,128,696

January 2027

US$2.50

14,128,696

July 2029

US$0.01

2,162,013

None

 

57,141,386

During the years ended December 31, 2024 and 2023, 407,978 and 100,073 warrants expired without being exercised.

During the years ended December 31, 2024 and 2023, 2,803,738 and 360,000 pre-funded warrants were exercised for an equivalent number of common shares for net proceeds of $28,038 and $3,600, respectively.