Short-Term Investments and Amounts in Escrow

9 Months Ended

Dec. 31, 2023

Short-Term Investments and Amounts in Escrow [Abstract]

Short-term Investments and Amounts in Escrow

3. Short-term Investments and Amounts in Escrow

At December 31, 2023, the Company has a $nil (March 31, 2023 - $56,483) Guaranteed Investment Certificate (“GIC”) held as security against a corporate credit card. The GIC bore interest at 0.5% per annum and matured on December 13, 2023. The account was closed on May 30, 2023.

At December 31, 2023, the Company’s solicitor is holding $nil (March 31, 2023 – $nil) as all the proceeds under customer contracts have been released after satisfying performance obligations.