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SHARE-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 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
Granted1,730,000 $0.14 3.48
Forfeited/Expired(10,949,260)$0.49 — 
Balance, September 30, 202482,483,506 $0.31 4.56
Schedule of Stock Options Values using Black-Scholes Model with Key Assumptions In determining the amount of share-based compensation during the nine months ended September 30, 2024 and 2023, the Company used the Black-Scholes option pricing model to establish the fair value of options granted with the following key assumptions:
Nine Months Ended September 30,
20242023
Risk-Free Interest Rate3.78 %4.02 %
Expected Life (in Years)3.5 years3.4 years
Expected Annualized Volatility96.50 %86.62 %
Forfeiture Rate— %— %
Expected Dividend Yield— —