Share Purchase Warrants

6 Months Ended

Dec. 31, 2023

Share Purchase Warrants

Share Purchase Warrants

13. Share Purchase Warrants

During the six months ended December 31, 2023, there were 58,087 common shares issued related to warrants exercised, of which 24,753 were issued pursuant to a cashless exercise of 33,333 share purchase warrants. In addition, there were 68,974 warrants granted related to stock-based compensation.

	Number of Warrants			Weighted Average Exercise Price
Balance, June 30, 2023		5,729,360		$	14.53
Granted		68,974		$	6.53
Exercised		(66,668	)	$	(1.13	)
Expired		–		$	–
Balance, December 31, 2023		5,731,666		$	14.59

Additional information regarding share purchase warrants as of December 31, 2023, is as follows:

	Outstanding and Exercisable
Range of Exercise Prices	Number of Warrants		Weighted Average Remaining Contractual Life (years)
$1.13 - $3.75		741,076		0.09
$6.53 - $13.13		3,167,615		1.43
$23.10 - $26.25		1,822,975		0.83
		5,731,666		2.41