DERIVATIVE LIABILITIES (Tables)

3 Months Ended

Jun. 30, 2024

Debt Instrument [Line Items]

SCHEDULE OF DERIVATIVE LIABILITIES

	Fiscal Year 2025			Fiscal Year 2024
	$			$
Derivative liabilities, beginning of period - March 31		1,435,668			759,065
New issuance [Note 9]		472,341			—
Change in fair value of derivatives during period – June 30		300,438			(79,827	)
Reduction due to preferred shares converted [Note 9]		(885,073	)		—
Derivative liabilities, end of period		1,323,374			679,238

SCHEDULE OF DERIVATIVE COMPONENTS VALUATION ASSUMPTIONS

The lattice methodology was used to value the derivative components of Series A Preferred Stock, using the following assumptions during the three months ended June 30, 2024 and 2023:

	June 30, 2024		June 30, 2023
Dividend yield (%)		12		12
Risk-free rate for term (%)		5 - 5.1		4.7 – 13.7
Volatility (%)		91.2 - 118.3		71.9 – 119.1
Remaining terms (Years)		0.92 - 1.59		0.25 – 2.01
Stock price ($ per share)		0.9 - 1.14		0.98 – 3.82

The Monte Carlo simulation methodology was used to value the derivative components of Series B Preferred Stock, using the following assumptions during the three months ended June 30, 2024:

	June 30, 2024
Dividend yield (%)		12
Risk-free rate for term (%)		4.7 - 5.1
Volatility (%)		154.9 - 182.2
Remaining terms (Years)		1.22 - 2
Stock price ($ per share)		0.9 - 1.34

Convertible Debt [Member]

Debt Instrument [Line Items]

SCHEDULE OF DERIVATIVE LIABILITIES

	Fiscal Year 2025			Fiscal Year 2024
	$			$
Balance beginning of period – March 31		991,866			1,008,216
New Issuance		—			1,014,703
Conversion to common shares		(475,616	)		—
Change in fair value of derivative liabilities		6,416			(21,625	)
Convertible note redemption		(6,559	)		(16,513	)
Balance end of period – June 30		516,107			1,984,781

SCHEDULE OF DERIVATIVE COMPONENTS VALUATION ASSUMPTIONS

The Monte-Carlo methodology was used to value the convertible note and warrant derivative components during the three months ended June 30, 2024 and 2023, using the following assumptions:

	June 30, 2024	June 30, 2023
Risk-free rate for term (%)	5 - 5.2	4.2 - 5
Volatility (%)	91.2 - 120.5	93.8 - 126.6
Remaining terms (Years)	0.25 - 0.44	0.5 - 1.49
Stock price ($ per share)	0.9 - 1.45	0.46 - 0.7