DERIVATIVE LIABILITIES (Tables)

9 Months Ended

Dec. 31, 2022

Debt Instrument [Line Items]

SCHEDULE OF DERIVATIVE LIABILITIES

	Fiscal Year 2023 $			Fiscal Year 2022 $
Derivative liabilities as at March 31, 2022 and 2021		352,402			410,042
Change in fair value of derivatives during the period		195,521			(203,525	)
Reduction due to preferred shares redeemed		(10,605	)		-
Derivative liabilities as at June 30, 2022 and 2021		537,318			206,517
New issuance		-			17,084
Change in fair value of derivatives during the period		168,762			(101,173	)
Reduction due to preferred shares redeemed		(4,444	)		-
Derivative liabilities as at September 30, 2022 and 2021		701,636			121,828
Change in fair value of derivatives during the period		78,026			644,774
Reduction due to preferred shares redeemed		(37,987	)		(479,791	)
Derivative liabilities as at December 31, 2022 and 2021		741,675			286,811

SCHEDULE OF WARRANT DERIVATIVE COMPONENTS VALUATION ASSUMPTIONS

The lattice methodology was used to value the derivative components, using the following assumptions:

	December 2022
Dividend yield (%)		12
Risk-free rate for term (%)		4.18 – 4.36
Volatility (%)		92.7 – 93.6
Remaining terms (Years)		1.00 to 2.50
Stock price ($ per share)		0.45 to 0.72

Convertible Debt [Member]

Debt Instrument [Line Items]

SCHEDULE OF DERIVATIVE LIABILITIES

	Fiscal Year 2023 $			Fiscal Year 2022 $
Balance at March 31, 2022 and 2021		520,747			3,633,856
Conversion to common shares		(104,118	)		(403,108	)
Change in fair value of derivative liabilities		2,703			502,508
Balance at June 30, 2022 and 2021		419,332			3,733,256
Conversion to common shares		(35,274	)		(2,744,711	)
Change in fair value of derivative		3,280			(295,801	)
Balance at September 30, 2022 and 2021		387,338			692,744
Convertible note modification		14,083			-
Convertible note redemption		(17,979	)		-
Conversion to common shares		(53,402	)		(250,738	)
Change in fair value of derivative		21,679			129,999
Balance at December 31, 2022 and 2021		351,719			572,005

SCHEDULE OF WARRANT DERIVATIVE COMPONENTS VALUATION ASSUMPTIONS

The monte-carlo methodology was used to value the convertible note derivative components, using the following assumptions:

	December 2022
Risk-free rate for term (%)	3.74 - 4.37
Volatility (%)	90.4 - 99.6
Remaining terms (Years)	0.50 - 0.75
Stock price ($ per share)	0.50 - 1.00