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MARKETABLE SECURITIES (Tables)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
MARKETABLE SECURITIES    
Schedule of fair value of the marketable securities

    

December 31, 

    

December 31, 

2022

2021

Opening balance

$

196,847

$

334,676

Realized gain on sale of marketable securities

 

 

6,443

Proceeds from disposition of marketable securities

 

 

(38,632)

Foreign exchange movements

 

(5,740)

 

3,013

Unrealized fair value loss on marketable securities

 

(174,634)

 

(108,653)

Ending balance

$

16,473

$

196,847

 
Schedule of estimated fair value of the warrants in NGE using the Black-Scholes pricing model

    

December 31, 

    

December 31, 

 

2022

2021

 

Share price

C$

0.01

 

C$

0.11

Exercise price

C$

0.50

 

C$

0.50

Expected life

 

0.02 years

 

1.02 years

Expected volatility

 

93.10

%  

86.99

%

Risk-free interest rate

 

4.30

%  

0.25

%

Expected dividend yield

 

Nil

 

Nil

    

December 31, 2021

    

December 31, 2020

 

Share price

$

0.11

$

0.15

Exercise price

$

0.50

$

0.50

Volatility

 

87

%  

 

104

%

Risk free interest rate

 

0.25

%  

 

0.25

%

Expected life

 

1.02

years

 

2.0

years

Expected dividend yield

$

nil

$

nil