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STOCKHOLDERS’ DEFICIENCY (Tables)
3 Months Ended
Jun. 30, 2025
Equity [Abstract]  
SCHEDULE OF SERIES B PREFERRED STOCK FOR MEZZANINE EQUITY

A roll-forward of activity is presented below for the three months ended June 30, 2025:

 SCHEDULE OF SERIES B PREFERRED STOCK FOR MEZZANINE EQUITY

   Fiscal Year 2026 
   $ 
Balance beginning of year – March 31   2,000,290 
Net proceeds received pursuant to the issuance of preferred shares   - 
Recognition of derivative liabilities (Note 8)   - 
Conversion into common shares   - 
Balance end of year – June 30   2,000,290 

SCHEDULE OF WARRANTS OUTSTANDING

Warrant activity during the three months ended June 30, 2025 is indicated below:

 

   Broker Warrants   Consultant and Noteholder Warrants   Warrants Issued on Convertible Notes   Total 
As at March 31, 2025   808,927    1,438,994    868,098    3,116,019 
As at June 30, 2025   808,927    1,438,994    868,098    3,116,019 
                     
Exercise Price   $0.5 to $22.5    $0.43 to $14.40   $4.18      
Expiration Date   August 2026 to October 2033    March 2029 to Dec 2032    October 2027      
SCHEDULE OF FAIR VALUE OF OPTION GRANTED USING VALUATION ASSUMPTIONS

The fair value of each option granted is estimated at the time of grant using multi-nominal lattice model using the following assumptions, for each of the respective three month periods ended June 30:

 

  

June 30,

2025

  

June 30,

2024

 
Exercise price ($)   0.43 - 0.43    1.48 
Risk free interest rate (%)   4.24 - 4.33    4.33 
Expected term (Years)   1.46 - 5.00    5.5-6.5 
Expected volatility (%)   113.9% - 142.2    107.7% - 109.8 
Expected dividend yield (%)   0.00    0 
Fair value of option ($)   1.097 - 1.360    0.689 - 0.733 
Expected forfeiture (attrition) rate (%)   0.00    0