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Share Purchase Warrants
12 Months Ended
Jun. 30, 2023
Share Purchase Warrants  
Share Purchase Warrants

13. Share Purchase Warrants

 

During the fiscal year ended June 30, 2023, the Company received cashless warrant exercises of 50,000, however the resulting 45,545 common shares were issued after year-end, during the first fiscal quarter ending September 30, 2023.

 

 

   Number of
Warrants
   Weighted Average
Exercise Price
 
         
Balance, June 30, 2022   2,680,708   $18.15 
Granted   3,098,652   $11.25 
Exercised   (50,000)  $(1.20)
Expired   -   $- 
Balance, June 30, 2023   5,729,360   $14.53 

 

Additional information regarding share purchase warrants as of June 30, 2023, is as follows:

 

   Outstanding and Exercisable 
Range of Exercise Prices  Number of Warrants   Weighted Average Remaining Contractual Life (years) 
           
$1.20 - $3.75   807,744    0.14 
$6.60 - $13.20   3,098,641    1.60 
$23.10 - $26.25   1,822,975    0.92 
    5,729,360    2.66