Share Capital and Reserves (Tables)

9 Months Ended

Mar. 31, 2024

Share Capital and Reserves [Abstract]

Schedule of Assumptions Used in the Black-Scholes Model

The assumptions used in the Black-Scholes model to value the new warrants issued during the nine months ended March 31, 2024, are set forth in the table immediately below.

	2024
Exercise price	$	0.83 – 1.04
Risk-free interest rate		4.82	%
Volatility		109 – 111	%
Expected life (years)		5.0 – 5.5
Dividend yield	$	0	%

The assumptions used in the Black-Scholes model to value the modification of warrants issued during the nine months ended March 31, 2024, are set forth in the table immediately below.

	2024
Exercise price	$	0.83 – 3.04
Risk-free interest rate		0.56 – 4.82	%
Volatility		109 – 614	%
Expected life (years)		0 – 6.8
Dividend yield	$	0	%

Schedule of Warrant Activity

A summary of the Company’s warrant activity and related information for the periods covered were as follows:

	Number of Shares Under Warrants			Weighted Average Exercise Price
Warrants Outstanding at July 1, 2023		3,516,529		$	3.83
Warrants Granted		12,978,075			0.64
Exercised		(3,272,733	)		0.83
Expire/Cancelled		(17,778	)		18.50
Warrants Outstanding at March 31, 2024		13,204,093		$	0.87
Warrants Exercisable at March 31, 2024		13,204,093		$	0.87