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SHARE-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity The following table summarizes the Company’s stock option activity and related information:
Number of OptionsWeighted Average Price (CAD$)Weighted Average Years
Balance, December 31, 202391,702,766 $0.34 3.78
Forfeited/Expired(692,500)$1.34 — 
Balance, June 30, 202491,010,266 $0.33 4.29
Schedule of Stock Options Values using Black-Scholes Model with Key Assumptions In determining the amount of share-based compensation during the six months ended June 30, 2023, the Company used the Black-Scholes option pricing model to establish the fair value of options granted with the following key assumptions:
Six Months Ended June 30,
2023
Risk-Free Interest Rate4.05 %
Expected Life (in Years)3.2 years
Expected Annualized Volatility85.32 %
Forfeiture Rate— %
Expected Dividend Yield—