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<div> <div> <div> <div> <div> 1. NATURE OF BUSINESS AND GOING CONCERN Zentek Ltd. (the "Company") was incorporated on July 29, 2008 under the laws of the province of Ontario, Canada. The principal business of the Company is to develop opportunities in the graphene and related nano-materials industry based on its intellectual property, patents and unique Albany graphite. The address of the Company's executive office is 210 - 1205 Amber Drive, Thunder Bay, Ontario, P7B 6M4, Canada. The Company is an emerging high-tech nano-graphite and graphene materials company based in Thunder Bay, Ontario, Canada. The current focus is to bring to market innovative products including surgical masks and HVAC filters with the Company's ZenGUARDTM coating, Rapid Detection Point of Care diagnostics tests and continue to develop potential pharmaceutical products based on its patent-pending graphene-based compound. These consolidated financial statements of the Company for the year ended March 31, 2023 were approved and authorised for issue by the Board of Directors on June 29, 2023. The technology industry presents a high degree of risk and there can be no assurance that the Company's research and development will result in profitable operations. The Company's ability to meet its obligations arising from normal business operations, continue its research and development, and generate future profits is dependent upon its ability to obtain necessary financing. While the Company has been successful at raising funds in the past, there can be no assurance that it will be able to do so in the future. As at March 31, 2023, the Company had not yet achieved profitable operations and had an accumulated deficit of $66,198,308 and expects to incur further losses in the development of its business. These events or conditions indicate that a material uncertainty exists that cast substantial doubt on the Company's ability to continue as a going concern. The ability to continue as a going concern is dependent on obtaining continued financial support, obtaining financing, or generating profitable operations in the future. Management is committed to raising additional capital to meet its obligations; however, additional debt and/or equity financing is subject to the global financial markets and economic conditions. These consolidated financial statements do not reflect the adjustments to the carrying value of assets and liabilities, the reported revenues and expenses, and the statement of financial position classifications that would be necessary if the going concern assumption was not appropriate. Any adjustments necessary to the consolidated financial statements if the Company ceases to be a going concern could be material. </div> </div> </div> </div> </div> 66198308

<div> 2. SIGNIFICANT ACCOUNTING POLICIES <div> <div> <div> Statement of Compliance These consolidated financial statements have been prepared in accordance with International Financial Reporting Standards and Interpretations ("IFRS") as issued by the International Accounting Standards Board ("IASB"). </div> <div> Basis of Presentation The consolidated financial statements have been prepared using the measurement bases specified by IFRS for each type of asset, liability, income and expense. The measurement bases are more fully described in the accounting policies below. The consolidated financial statements are prepared on the historical cost basis. In addition, these consolidated financial statements are prepared using the accrual basis of accounting, except for cash flow information. The preparation of consolidated financial statements in conformity with IFRS requires management to make judgments, estimates, and assumptions that affect the application of policies and reported amounts of assets and liabilities and disclosures of contingent assets and contingent liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the year. The consolidated financial statements consolidate the accounts of the Company and all of its subsidiaries. The Company has the following wholly owned subsidiaries: 1000114904 Ontario Inc., Zentek USA Inc. and Albany Graphite Corp. </div> <div> Foreign Currency Translation The consolidated financial statements are presented in Canadian dollars, which is the functional currency of the Company and its subsidiaries. In preparing the consolidated financial statements, transactions in currencies other than the entity's functional currency are recognised at the rates of exchange prevailing at the dates of the transactions. At the end of each reporting period, monetary items denominated in foreign currencies are retranslated at the rates prevailing at that date. Non-monetary items that are denominated in foreign currencies are retranslated at the rates prevailing at the date when the fair value was determined. Gains/losses on translation are recorded in profit or loss. </div> <div> Financial Instruments Financial assets Initial recognition and measurement Non-derivative financial assets within the scope of IFRS 9 are classified and measured as "financial assets at fair value", as either Fair Value Through Profit or Loss ("FVPL") or Fair Value Through Other Comprehensive Income ("FVOCI"), and "financial assets at amortised costs", as appropriate. The Company determines the classification of financial assets at the time of initial recognition based on the Company's business model and the contractual terms of the cash flows. All financial assets are recognised initially at fair value plus, in the case of financial assets not at FVPL, directly attributable transaction costs on the trade date at which the Company becomes a party to the contractual provisions of the instrument. Financial assets with embedded derivatives are considered in their entirety when determining their classification at FVPL or at amortised cost. Cash and amounts receivable held for collection of contractual cash flows are measured at amortised cost. <div></div> Subsequent measurement - financial assets at amortised cost After initial recognition, financial assets measured at amortised cost are subsequently measured at the end of each reporting period at amortised cost using the Effective Interest Rate ("EIR") method. Amortised cost is calculated by taking into account any discount or premium on acquisition and any fees or costs that are an integral part of the EIR. The Company's financial assets measured at amortised cost correspond to cash, accounts and other receivables and loan receivable and their nominal value is similar to their amortised cost. Subsequent measurement - financial assets at FVPL Financial assets measured at FVPL include financial assets management intends to sell in the short term and any derivative financial instrument that is not designated as a hedging instrument in a hedge relationship. Financial assets measured at FVPL are carried at fair value in the statements of financial position with changes in fair value recognised in other income or expense in the statements of loss. The Company does not measure any financial assets at FVPL. Subsequent measurement - financial assets at FVOCI Financial assets measured at FVOCI are non-derivative financial assets that are not held for trading and the Company has made an irrevocable election at the time of initial recognition to measure the assets at FVOCI. The Company does not measure any financial assets at FVOCI. After initial measurement, investments measured at FVOCI are subsequently measured at fair value with unrealised gains or losses recognised in other comprehensive income or loss in the statements of comprehensive loss. When the investment is sold, the cumulative gain or loss remains in accumulated other comprehensive income or loss and is not reclassified to profit or loss. Dividends from such investments are recognised in other income in the statements of loss when the right to receive payments is established. Derecognition A financial asset is derecognised when the contractual rights to the cash flows from the asset expire, or the Company no longer retains substantially all the risks and rewards of ownership. Impairment of financial assets The Company's only financial assets subject to impairment are accounts and other receivables and loan receivable, which are measured at amortised cost. The Company has elected to apply the simplified approach to impairment as permitted by IFRS 9, which requires the expected lifetime loss to be recognised at the time of initial recognition of the receivable. To measure estimated credit losses, accounts receivable have been grouped based on shared credit risk characteristics, including the number of days past due. An impairment loss is reversed in subsequent periods if the amount of the expected loss decreases and the decrease can be objectively related to an event occurring after the initial impairment was recognised. Financial liabilities Initial recognition and measurement Financial liabilities are measured at amortised cost, unless they are required to be measured at FVPL as is the case for held for trading or derivative instruments, or the Company has opted to measure the financial liability at FVPL. The Company's financial liabilities include accounts payable and accrued liabilities and long-term debt which are measured at amortised cost. All financial liabilities are recognised initially at fair value and in the case of long-term debt, net of directly attributable transaction costs. <div></div> Subsequent measurement - financial liabilities at amortised cost After initial recognition, financial liabilities measured at amortised cost are subsequently measured at the end of each reporting period at amortised cost using the EIR. Amortised cost is calculated by taking into account any discount or premium on acquisition and any fees or costs that are an integral part of the EIR. The Company's financial liabilities measured at amortised cost correspond to accounts payable, lease liability and long-term debt and their nominal value is similar to their amortised cost. Derecognition A financial liability is derecognised when the obligation under the liability is discharged, cancelled or expires with any associated gain or loss recognised in other income or expense in the statements of loss. </div> <div> Exploration and Evaluation Assets Exploration and evaluation assets include the costs of acquiring licenses, costs associated with exploration and evaluation activity (e.g. geological, geophysical studies, exploratory drilling and sampling), and the fair value (at acquisition date) of exploration and evaluation assets acquired in a business combination or asset purchase. The Company follows the practice of capitalizing all costs related to the acquisition of, exploration for and evaluation of mineral claims and crediting all revenue, including government assistance, received against the cost of related claims. Costs incurred before the Company has obtained the legal rights to explore an area are recognised as expenses of the Company. Capitalised costs are only allocated to the extent that these costs can be related directly to operational activities in the relevant area of interest where it is considered likely to be recoverable by future exploitation or sale or where the activities have not reached a stage which permits a reasonable assessment of the existence of reserves. Exploration and evaluation assets are assessed for impairment at each financial reporting date or when facts and circumstances suggest that the carrying amount exceeds the recoverable amount. The aggregate costs related to abandoned mineral claims are charged to operations at the time of any abandonment or when it has been determined that there is evidence of a permanent impairment. Once the technical feasibility and commercial viability of the extraction of mineral resources in an area of interest are demonstrable, exploration and evaluation assets attributable to that area of interest are first tested for impairment and then reclassified to mining property and development assets within property, plant and equipment. Recoverability of the carrying amount of the exploration and evaluation assets is dependent on successful development and commercial exploitation, or alternatively, sale of the respective areas of interest. While nothing was spent on the Company's exploration and evaluation assets during the year ended March 31, 2023 (2022: $512,206), on May 23, 2023, the Company transferred its interest in the Albany Property to a newly formed subsidiary with the intention to carry on the exploration and evaluation activities through the new subsidiary (see Note 8). </div> <div></div> <div> <div> Property and Equipment Equipment is carried at acquisition cost less subsequent amortization and impairment losses. Amortisation is recognised on a declining balance basis over the estimated useful lives of the equipment less estimated residual value. The rates applicable are: <div style="margin-left:36pt;margin-right:36pt"> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt"> <tr> <td style="width:50%;background-color:#e6efff">Buildings</td> <td style="width:50%;background-color:#e6efff">4%</td> </tr> <tr> <td style="width:50%">Equipment - Automotive</td> <td style="width:50%">20%</td> </tr> <tr> <td style="width:50%;background-color:#e6efff">Equipment - Office</td> <td style="width:50%;background-color:#e6efff">20%</td> </tr> <tr> <td style="width:50%">Equipment - Lab and Field</td> <td style="width:50%">20%</td> </tr> <tr> <td style="width:50%;background-color:#e6efff">Equipment - Manufacturing</td> <td style="width:50%;background-color:#e6efff">Straight-line over 20 years</td> </tr> <tr> <td style="width:50%">Signage</td> <td style="width:50%">20%</td> </tr> <tr> <td style="width:50%;background-color:#e6efff">Computers</td> <td style="width:50%;background-color:#e6efff">20%</td> </tr> <tr> <td style="width:50%">Computer software</td> <td style="width:50%">100%</td> </tr> <tr> <td style="width:50%;background-color:#e6efff">Leasehold improvements</td> <td style="width:50%;background-color:#e6efff">Straight-line over lower of term of lease or economic life</td> </tr> <tr> <td style="width:50%">Right of Use Assets</td> <td style="width:50%">Straight-line over lower of term of lease or economic life</td> </tr> </table> </div> </div> Material residual value estimates and estimates of useful life are updated as required, but at least annually. Gains or losses arising on the disposal of equipment are determined as the difference between the disposal proceeds and the carrying amount of the assets and are recognised in profit or loss. </div> <div> Impairment of Non-Financial Assets At each financial reporting date, the carrying amounts of the Company's non-financial assets are reviewed to determine whether there is any indication that those assets are impaired. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment, if any. The recoverable amount is the higher of fair values less costs to sell, and value in use. Fair value is determined as the amount that would be obtained from the sale of the asset in an arm's length transaction between knowledgeable and willing parties. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount and the impairment loss is recognised in the profit or loss for the period. For the purposes of impairment testing, exploration and evaluation assets are allocated to cash-generating units to which the exploration activity relates. For an asset that does not generate largely independent cash inflows, the recoverable amount is determined for the cash-generating unit to which the asset belongs. When an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss. Tangible assets that have been impaired in prior periods are tested for possible reversal of impairment whenever events or changes in circumstances indicate that the impairment has reversed. If the impairment has reversed, the carrying amount of the asset is increased to its recoverable amount but not beyond the carrying amount that would have been determined had no impairment loss been recognized for the asset in the prior periods. A reversal of an impairment loss is recognized into earnings immediately. </div> </div> <div></div> <div> Share Capital Share capital represents the fair value of consideration received, less related costs. </div> <div> Warrants Warrants are recorded at their fair value on the date of issue, net of issue costs. The Company uses the Black-Scholes option pricing model to estimate the fair value of warrants issued. On the exercise of warrants, consideration received and the accumulated warrant value attributed to the portion exercised is credited to share capital. For those warrants that expire after vesting, the recorded value is transferred to deficit. </div> <div> Share-Based Payments Equity-settled share-based payments to employees and others providing similar services are measured at the fair value of the equity instruments at the grant date. Details regarding the determination of the fair value of equity-settled share-based transactions are set out in the share-based payment note. See note 12(c). The fair value determined at the grant date of the equity-settled share-based payments is expensed over the period during which the employee becomes unconditionally entitled to equity instruments, based on the Company's estimate of equity instruments that will eventually vest. At the end of each reporting period, the Company revises its estimate of the number of equity instruments expected to vest. The impact of the revision of the original estimates, if any, is recognised in profit or loss such that the cumulative expense reflects the revised estimate, with a corresponding adjustment to the equity-settled employee benefits reserve. Equity-settled share-based payment transactions with parties other than employees are measured at the fair value of the goods or services received, except where that fair value cannot be estimated reliably, in which case they are measured at the fair value of the equity instruments granted, measured at the date the entity obtains the goods or the counterparty renders the service. Charges for options that are forfeited before vesting are reversed from share-based payment reserve. For those options that expire after vesting, the recorded value is transferred to deficit. On the exercise of options, consideration received and the accumulated option value attributed to the portion exercised is credited to share capital. </div> <div> Cash and Cash Equivalents The Company's policy is to disclose cash, bank account balances, cashable investment-grade deposit certificates and non-cashable investment-grade deposit certificates that are readily convertible to a known amount of cash and be subject to an insignificant risk of changes in value as cash and cash equivalents. Cash and cash equivalents are held in Canadian chartered banks or financial institutions controlled by a Canadian chartered bank. </div> <div></div> <div> Loss per Share Basic loss per share is calculated using the weighted average number of shares outstanding. In order to determine diluted loss per share, any proceeds from the exercise of dilutive stock options and warrants would be used to repurchase common shares at the average market price during the period, with the incremental number of shares being included in the denominator of the diluted loss per share calculation. The diluted loss per share calculation excludes any potential conversion of warrants and options that would increase earnings per share or decrease loss per share. The outstanding stock options and warrants to purchase common shares disclosed in note 19 were not included in the computation of the diluted loss per share for the periods presented because the effect would be anti-dilutive. </div> <div> Income Taxes Tax expense recognised in profit or loss comprises the sum of deferred tax and current tax not recognised in other comprehensive income or directly in equity. Current income tax assets and/or liabilities comprise those obligations to, or claims from, fiscal authorities relating to the current or prior reporting periods, that are unpaid at the reporting date. Current tax is payable on taxable profit, which differs from profit or loss in the consolidated financial statements. Calculation of current tax is based on tax rates and tax laws that have been enacted or substantively enacted by the end of the reporting period, adjusted for amendments to tax payable with regards to previous years. Deferred income taxes are calculated using the liability method on temporary differences between the carrying amounts of assets and liabilities and their tax bases. However, deferred tax is not provided on the initial recognition of goodwill, or on the initial recognition of an asset or liability unless the related transaction is a business combination or affects tax or accounting profit. Deferred tax on temporary differences associated with joint ventures is not provided if reversal of these temporary differences can be controlled by the Company and it is probable that reversal will not occur in the foreseeable future. Deferred tax assets and liabilities are calculated, without discounting, at tax rates that are expected to apply to their respective period of realization, provided they are enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are always provided for in full. Deferred tax assets are recognised to the extent that it is probable that they will be able to be utilised against future taxable income. The Company has not recognised deferred tax assets to the extent that the company does not consider it probable that a deferred tax asset will be recovered. Deferred tax assets and liabilities are offset only when the Company has a right and intention to offset current tax assets and liabilities from the same taxation authority. Changes in deferred tax assets or liabilities are recognised as a component of taxable income or expense in profit or loss, except where they relate to items that are recognised in other comprehensive income or directly in equity, in which case the related deferred tax is also recognised in other comprehensive income or equity, respectively. </div> <div></div> <div> Restoration, Rehabilitation, and Environmental Obligations An obligation to incur restoration, rehabilitation and environmental costs arises when the Company has a present legal or constructive obligation caused by the exploration, development or ongoing production of a mineral property interest. Such costs arising from the decommissioning of plant and other site preparation work, discounted to their net present value, are provided for and capitalised at the start of each project to the carrying amount of the asset, as soon as the obligation to incur such costs arises. Discount rates using a pre-tax rate that reflect the time value of money are used to calculate the net present value. These costs are charged against profit or loss over the economic life of the related asset, through amortization using either the units-of-production or the straight-line method. The related liability is adjusted for each period for the unwinding of the discount rate and for changes to the current market-based discount rate, amount or timing of the underlying cash flows needed to settle the obligation. Costs for restoration of subsequent site damage which is created on an ongoing basis during production are provided for at their net present values and charged against profits as extraction progresses. The Company had no material restoration, rehabilitation and environmental obligations as at March 31, 2023 or 2022 as the disturbance to date is minimal. </div> <div> Interest Interest income and expenses are reported on an accrual basis using the effective interest method. </div> <div> Leases The Company assesses at inception of a contract, whether the contract is, or contains a lease. A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. To assess whether a contract conveys the right to control the use of an identified asset for a period of time, the Company assesses whether the customer has the following through the period of use: • The right to obtain substantially all of the economic benefits from use of the identified asset; and • The right to direct the use of the identified asset. At the lease commencement date, the Company recognises a right-of-use asset and a lease liability. The right-of-use asset is initially measured at cost. The cost of the right-of-use asset is comprised of the initial amount of the lease liability, any lease payments made at or before the commencement date less any lease incentives received, initial direct costs incurred by the Company, and an estimate of the costs to be incurred by the Company in dismantling and removing the underlying asset and restoring the site on which it is located or restoring the underlying asset to the condition required by the terms and conditions of the lease. After the commencement date, the Company measures right-of-use assets related to property and equipment by applying the cost model, whereby the right-of-use asset is measured at cost less accumulated depreciation and impairment losses and adjusted for any remeasurement of the lease liability. The right-of-use asset is depreciated using the straight-line method from the commencement date to the end of the lease term or the end of the useful life of the right-of-use asset. The estimated useful life of the right-of-use assets are determined on the same basis as those of property, plant and equipment. The determination of the depreciation period is dependent on whether the Company expects that the ownership of the underlying asset will transfer to the Company by the end of the lease term or if the cost of the right-of-use asset reflects that the Company will exercise a purchase option. <div></div> The lease liability is initially measured at the present value of the lease payments not paid at the lease commencement date, discounted using the interest rate implicit in the lease or the Company's incremental borrowing rate, if the interest rate implicit in the lease cannot be readily determined. The lease payments included in the measurement of the lease liability comprise of fixed payments (including in-substance fixed payments) less any lease incentives receivable, variable lease payments that depend on an index or rate, amounts expected to be payable by the Company under a residual value guarantee, the exercise price of a purchase option that the Company is reasonably certain to exercise, and payment of penalties for terminating the lease if the lease term reflects the Company exercising an option to terminate the lease. After the commencement date, the Company measures the lease liability at amortised cost using the effective interest method. The Company remeasures the lease liability when there is a change in the lease term, a change in the Company's assessment of an option to purchase the underlying asset, a change in the Company's estimate of amounts expected to be payable under a residual value guarantee, or a change in future lease payments resulting from a change in an index or a rate used to determine those payments. On remeasurement of the lease liability, a corresponding adjustment is made to the carrying amount of the right-of-use asset, or is recorded in profit or loss if the carrying amount of the right-of-use asset has been reduced to zero. The Company has elected to not recognise right-of-use assets and lease liabilities for short-term leases of property and equipment and low value leases of property and equipment. Short-term leases are leases with a term of twelve months or less. The Company recognises the lease payments associated with these leases as an expense on either a straight-line basis over the lease term or another systematic basis if that basis is more representative of the pattern of the lessee's benefit. </div> <div> Inventories Inventories are comprised of raw materials. Inventories are recorded at the lower of cost and net realizable value. Cost is determined on a standard cost basis, and includes the purchase price and other costs, such as import duties, taxes and transportation costs. Inventory cost is determined on a first-in, first-out basis and any trade discounts and rebates are deducted from the purchase price. Raw material costs include the purchase cost of the materials and freight-in. </div> <div> Government grants Government grants are recognised in profit or loss on a systematic basis over the periods in which the Company recognises expenses as related costs for which funded expenditures are incurred. Government grants are recognised when there is reasonable assurance that the Company will comply with the terms and conditions associated with the grants and the grants will be received. An unconditional government grant is recognised in profit or loss when the Company is entitled to receive the grant funding. </div> <div></div> <div> Revenue Recognition The Company's accounting policy for revenue recognition under IFRS 15, Revenue from Contracts with Customers, follows a five-step model to determine the amount and timing of revenue to be recognized: 1. Identifying the contract with a customer; 2. Identifying the performance obligations within the contract; 3. Determining the transaction price; 4. Allocating the transaction price to the performance obligations; and 5. Recognizing revenue when/as performance obligation(s) are satisfied. The Company enters into sales contracts with its customers that outline the payment, shipping and return policies under these commercial arrangements. The performance obligation within the sales contracts is primarily the delivery of the Company's proprietary graphene oxide solution ("Solution") and / or masks. These products are sold for contractually determined prices that include consideration for the products delivered and variable consideration consisting of royalties for masks sold by the Company's customers that have been coated with the Solution. The transaction price is allocated to the Solution and the masks based on their standalone selling price and is recognized when the control of these products is obtained by the Company's customers which is generally upon delivery. Royalty revenue is recognized when the Company is entitled to these royalties which is when the coated masks are sold by the Company's customers. Where the consideration payable by the Company's customers includes volume rebates and merchandise discounts, they are considered in determining the transaction price and are estimated and recognised at the time of the sale as a deduction against recognized revenue. To date, these rebates and discounts have been immaterial. </div> <div> New Accounting Standards and Interpretations not yet Adopted Certain IFRS pronouncements were issued that were mandatory for accounting periods beginning on or after April 1, 2023 or later periods. Many have been excluded as management does not expect them to have a material effect, however, management is still in the process of evaluating any potential impacts. The following have not yet been adopted and are being evaluated to determine their impact on the Company. IAS 1 - Presentation of Financial Statements ("IAS 1") and IFRS Practice Statement 2. In February 2021, the IASB issued amendments to IAS 1 and IFRS Practice Statement 2 Making Materiality Judgements, providing guidance to help entities meet the accounting policy disclosure requirements. The amendments aim to make accounting policy disclosures more informative by replacing the requirement to disclose 'significant accounting policies' with 'material accounting policy information'. The amendments also provide guidance under what circumstance, the accounting policy information is likely to be considered material and therefore requiring disclosure. The Company is assessing the impact of the amendment and does not expect it to have a significant effect on the Company's consolidated financial statements. IAS 37 - Provisions, Contingent Liabilities, and Contingent Assets ("IAS 37") was amended. The amendments clarify that when assessing if a contract is onerous, the cost of fulfilling the contract includes all costs that relate directly to the contract - i.e. a full-cost approach. Such costs include both the incremental costs of the contract (i.e. costs a company would avoid if it did not have the contract) and an allocation of other direct costs incurred on activities required to fulfill the contract - e.g. contract management and supervision, or depreciation of equipment used in fulfilling the contract. The Company has adopted this new standard and has determined there was no significant impact on the consolidated financial statements. <div></div> IAS 16 - Property, Plant and Equipment ("IAS 16") was amended. The amendments introduce new guidance, such that the proceeds from selling items before the related property, plant and equipment is available for its intended use can no longer be deducted from the cost. Instead, such proceeds are to be recognised in profit or loss, together with the costs of producing those items. The Company has adopted this new standard and has determined there was no significant impact on the consolidated financial statements. IAS 12 - Income Taxes ("IAS 12"). In May 2021, the IASB issued amendments to IAS 12, which clarify whether the initial recognition exemption applies to certain transactions that result in both an asset and a liability being recognised simultaneously (e.g. a lease in the scope of IFRS 16). The amendments introduce an additional criterion for the initial recognition exemption, whereby the exemption does not apply to the initial recognition of an asset or liability which at the time of the transaction, gives rise to equal taxable and deductible temporary differences.The Company is assessing the impact of the amendment and does not expect it to have a significant effect on the Company's consolidated financial statements. IAS 8 - Accounting Policies, Changes in Accounting Estimates and Errors (IAS 8). The amendment to IAS 8, which added the definition of accounting estimates, clarifies that the effects of a change in an input or measurement technique are changes in accounting estimates, unless resulting from the correction of prior period errors. These amendments clarify how entities make the distinction between changes in accounting estimate, changes in accounting policy and prior period errors. The Company is assessing the impact of the amendment and does not expect it to have a significant effect on the Company's consolidated financial statements. </div> </div> </div> </div>

<div> Financial Instruments Financial assets Initial recognition and measurement Non-derivative financial assets within the scope of IFRS 9 are classified and measured as "financial assets at fair value", as either Fair Value Through Profit or Loss ("FVPL") or Fair Value Through Other Comprehensive Income ("FVOCI"), and "financial assets at amortised costs", as appropriate. The Company determines the classification of financial assets at the time of initial recognition based on the Company's business model and the contractual terms of the cash flows. All financial assets are recognised initially at fair value plus, in the case of financial assets not at FVPL, directly attributable transaction costs on the trade date at which the Company becomes a party to the contractual provisions of the instrument. Financial assets with embedded derivatives are considered in their entirety when determining their classification at FVPL or at amortised cost. Cash and amounts receivable held for collection of contractual cash flows are measured at amortised cost. <div></div> Subsequent measurement - financial assets at amortised cost After initial recognition, financial assets measured at amortised cost are subsequently measured at the end of each reporting period at amortised cost using the Effective Interest Rate ("EIR") method. Amortised cost is calculated by taking into account any discount or premium on acquisition and any fees or costs that are an integral part of the EIR. The Company's financial assets measured at amortised cost correspond to cash, accounts and other receivables and loan receivable and their nominal value is similar to their amortised cost. Subsequent measurement - financial assets at FVPL Financial assets measured at FVPL include financial assets management intends to sell in the short term and any derivative financial instrument that is not designated as a hedging instrument in a hedge relationship. Financial assets measured at FVPL are carried at fair value in the statements of financial position with changes in fair value recognised in other income or expense in the statements of loss. The Company does not measure any financial assets at FVPL. Subsequent measurement - financial assets at FVOCI Financial assets measured at FVOCI are non-derivative financial assets that are not held for trading and the Company has made an irrevocable election at the time of initial recognition to measure the assets at FVOCI. The Company does not measure any financial assets at FVOCI. After initial measurement, investments measured at FVOCI are subsequently measured at fair value with unrealised gains or losses recognised in other comprehensive income or loss in the statements of comprehensive loss. When the investment is sold, the cumulative gain or loss remains in accumulated other comprehensive income or loss and is not reclassified to profit or loss. Dividends from such investments are recognised in other income in the statements of loss when the right to receive payments is established. Derecognition A financial asset is derecognised when the contractual rights to the cash flows from the asset expire, or the Company no longer retains substantially all the risks and rewards of ownership. Impairment of financial assets The Company's only financial assets subject to impairment are accounts and other receivables and loan receivable, which are measured at amortised cost. The Company has elected to apply the simplified approach to impairment as permitted by IFRS 9, which requires the expected lifetime loss to be recognised at the time of initial recognition of the receivable. To measure estimated credit losses, accounts receivable have been grouped based on shared credit risk characteristics, including the number of days past due. An impairment loss is reversed in subsequent periods if the amount of the expected loss decreases and the decrease can be objectively related to an event occurring after the initial impairment was recognised. Financial liabilities Initial recognition and measurement Financial liabilities are measured at amortised cost, unless they are required to be measured at FVPL as is the case for held for trading or derivative instruments, or the Company has opted to measure the financial liability at FVPL. The Company's financial liabilities include accounts payable and accrued liabilities and long-term debt which are measured at amortised cost. All financial liabilities are recognised initially at fair value and in the case of long-term debt, net of directly attributable transaction costs. <div></div> Subsequent measurement - financial liabilities at amortised cost After initial recognition, financial liabilities measured at amortised cost are subsequently measured at the end of each reporting period at amortised cost using the EIR. Amortised cost is calculated by taking into account any discount or premium on acquisition and any fees or costs that are an integral part of the EIR. The Company's financial liabilities measured at amortised cost correspond to accounts payable, lease liability and long-term debt and their nominal value is similar to their amortised cost. Derecognition A financial liability is derecognised when the obligation under the liability is discharged, cancelled or expires with any associated gain or loss recognised in other income or expense in the statements of loss. </div>

<div> Exploration and Evaluation Assets Exploration and evaluation assets include the costs of acquiring licenses, costs associated with exploration and evaluation activity (e.g. geological, geophysical studies, exploratory drilling and sampling), and the fair value (at acquisition date) of exploration and evaluation assets acquired in a business combination or asset purchase. The Company follows the practice of capitalizing all costs related to the acquisition of, exploration for and evaluation of mineral claims and crediting all revenue, including government assistance, received against the cost of related claims. Costs incurred before the Company has obtained the legal rights to explore an area are recognised as expenses of the Company. Capitalised costs are only allocated to the extent that these costs can be related directly to operational activities in the relevant area of interest where it is considered likely to be recoverable by future exploitation or sale or where the activities have not reached a stage which permits a reasonable assessment of the existence of reserves. Exploration and evaluation assets are assessed for impairment at each financial reporting date or when facts and circumstances suggest that the carrying amount exceeds the recoverable amount. The aggregate costs related to abandoned mineral claims are charged to operations at the time of any abandonment or when it has been determined that there is evidence of a permanent impairment. Once the technical feasibility and commercial viability of the extraction of mineral resources in an area of interest are demonstrable, exploration and evaluation assets attributable to that area of interest are first tested for impairment and then reclassified to mining property and development assets within property, plant and equipment. Recoverability of the carrying amount of the exploration and evaluation assets is dependent on successful development and commercial exploitation, or alternatively, sale of the respective areas of interest. While nothing was spent on the Company's exploration and evaluation assets during the year ended March 31, 2023 (2022: $512,206), on May 23, 2023, the Company transferred its interest in the Albany Property to a newly formed subsidiary with the intention to carry on the exploration and evaluation activities through the new subsidiary (see Note 8). </div>

512206

<div> Property and Equipment Equipment is carried at acquisition cost less subsequent amortization and impairment losses. Amortisation is recognised on a declining balance basis over the estimated useful lives of the equipment less estimated residual value. The rates applicable are: <div style="margin-left:36pt;margin-right:36pt"> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt"> <tr> <td style="width:50%;background-color:#e6efff">Buildings</td> <td style="width:50%;background-color:#e6efff">4%</td> </tr> <tr> <td style="width:50%">Equipment - Automotive</td> <td style="width:50%">20%</td> </tr> <tr> <td style="width:50%;background-color:#e6efff">Equipment - Office</td> <td style="width:50%;background-color:#e6efff">20%</td> </tr> <tr> <td style="width:50%">Equipment - Lab and Field</td> <td style="width:50%">20%</td> </tr> <tr> <td style="width:50%;background-color:#e6efff">Equipment - Manufacturing</td> <td style="width:50%;background-color:#e6efff">Straight-line over 20 years</td> </tr> <tr> <td style="width:50%">Signage</td> <td style="width:50%">20%</td> </tr> <tr> <td style="width:50%;background-color:#e6efff">Computers</td> <td style="width:50%;background-color:#e6efff">20%</td> </tr> <tr> <td style="width:50%">Computer software</td> <td style="width:50%">100%</td> </tr> <tr> <td style="width:50%;background-color:#e6efff">Leasehold improvements</td> <td style="width:50%;background-color:#e6efff">Straight-line over lower of term of lease or economic life</td> </tr> <tr> <td style="width:50%">Right of Use Assets</td> <td style="width:50%">Straight-line over lower of term of lease or economic life</td> </tr> </table> </div> </div> Material residual value estimates and estimates of useful life are updated as required, but at least annually. Gains or losses arising on the disposal of equipment are determined as the difference between the disposal proceeds and the carrying amount of the assets and are recognised in profit or loss. </div>

<div> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt"> <tr> <td style="width:50%;background-color:#e6efff">Buildings</td> <td style="width:50%;background-color:#e6efff">4%</td> </tr> <tr> <td style="width:50%">Equipment - Automotive</td> <td style="width:50%">20%</td> </tr> <tr> <td style="width:50%;background-color:#e6efff">Equipment - Office</td> <td style="width:50%;background-color:#e6efff">20%</td> </tr> <tr> <td style="width:50%">Equipment - Lab and Field</td> <td style="width:50%">20%</td> </tr> <tr> <td style="width:50%;background-color:#e6efff">Equipment - Manufacturing</td> <td style="width:50%;background-color:#e6efff">Straight-line over 20 years</td> </tr> <tr> <td style="width:50%">Signage</td> <td style="width:50%">20%</td> </tr> <tr> <td style="width:50%;background-color:#e6efff">Computers</td> <td style="width:50%;background-color:#e6efff">20%</td> </tr> <tr> <td style="width:50%">Computer software</td> <td style="width:50%">100%</td> </tr> <tr> <td style="width:50%;background-color:#e6efff">Leasehold improvements</td> <td style="width:50%;background-color:#e6efff">Straight-line over lower of term of lease or economic life</td> </tr> <tr> <td style="width:50%">Right of Use Assets</td> <td style="width:50%">Straight-line over lower of term of lease or economic life</td> </tr> </table> </div>

0.04

0.20

Straight-line over 20 years

0.20

Straight-line over lower of term of lease or economic life

<div> Income Taxes Tax expense recognised in profit or loss comprises the sum of deferred tax and current tax not recognised in other comprehensive income or directly in equity. Current income tax assets and/or liabilities comprise those obligations to, or claims from, fiscal authorities relating to the current or prior reporting periods, that are unpaid at the reporting date. Current tax is payable on taxable profit, which differs from profit or loss in the consolidated financial statements. Calculation of current tax is based on tax rates and tax laws that have been enacted or substantively enacted by the end of the reporting period, adjusted for amendments to tax payable with regards to previous years. Deferred income taxes are calculated using the liability method on temporary differences between the carrying amounts of assets and liabilities and their tax bases. However, deferred tax is not provided on the initial recognition of goodwill, or on the initial recognition of an asset or liability unless the related transaction is a business combination or affects tax or accounting profit. Deferred tax on temporary differences associated with joint ventures is not provided if reversal of these temporary differences can be controlled by the Company and it is probable that reversal will not occur in the foreseeable future. Deferred tax assets and liabilities are calculated, without discounting, at tax rates that are expected to apply to their respective period of realization, provided they are enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are always provided for in full. Deferred tax assets are recognised to the extent that it is probable that they will be able to be utilised against future taxable income. The Company has not recognised deferred tax assets to the extent that the company does not consider it probable that a deferred tax asset will be recovered. Deferred tax assets and liabilities are offset only when the Company has a right and intention to offset current tax assets and liabilities from the same taxation authority. Changes in deferred tax assets or liabilities are recognised as a component of taxable income or expense in profit or loss, except where they relate to items that are recognised in other comprehensive income or directly in equity, in which case the related deferred tax is also recognised in other comprehensive income or equity, respectively. </div>

<div> Leases The Company assesses at inception of a contract, whether the contract is, or contains a lease. A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. To assess whether a contract conveys the right to control the use of an identified asset for a period of time, the Company assesses whether the customer has the following through the period of use: • The right to obtain substantially all of the economic benefits from use of the identified asset; and • The right to direct the use of the identified asset. At the lease commencement date, the Company recognises a right-of-use asset and a lease liability. The right-of-use asset is initially measured at cost. The cost of the right-of-use asset is comprised of the initial amount of the lease liability, any lease payments made at or before the commencement date less any lease incentives received, initial direct costs incurred by the Company, and an estimate of the costs to be incurred by the Company in dismantling and removing the underlying asset and restoring the site on which it is located or restoring the underlying asset to the condition required by the terms and conditions of the lease. After the commencement date, the Company measures right-of-use assets related to property and equipment by applying the cost model, whereby the right-of-use asset is measured at cost less accumulated depreciation and impairment losses and adjusted for any remeasurement of the lease liability. The right-of-use asset is depreciated using the straight-line method from the commencement date to the end of the lease term or the end of the useful life of the right-of-use asset. The estimated useful life of the right-of-use assets are determined on the same basis as those of property, plant and equipment. The determination of the depreciation period is dependent on whether the Company expects that the ownership of the underlying asset will transfer to the Company by the end of the lease term or if the cost of the right-of-use asset reflects that the Company will exercise a purchase option. <div></div> The lease liability is initially measured at the present value of the lease payments not paid at the lease commencement date, discounted using the interest rate implicit in the lease or the Company's incremental borrowing rate, if the interest rate implicit in the lease cannot be readily determined. The lease payments included in the measurement of the lease liability comprise of fixed payments (including in-substance fixed payments) less any lease incentives receivable, variable lease payments that depend on an index or rate, amounts expected to be payable by the Company under a residual value guarantee, the exercise price of a purchase option that the Company is reasonably certain to exercise, and payment of penalties for terminating the lease if the lease term reflects the Company exercising an option to terminate the lease. After the commencement date, the Company measures the lease liability at amortised cost using the effective interest method. The Company remeasures the lease liability when there is a change in the lease term, a change in the Company's assessment of an option to purchase the underlying asset, a change in the Company's estimate of amounts expected to be payable under a residual value guarantee, or a change in future lease payments resulting from a change in an index or a rate used to determine those payments. On remeasurement of the lease liability, a corresponding adjustment is made to the carrying amount of the right-of-use asset, or is recorded in profit or loss if the carrying amount of the right-of-use asset has been reduced to zero. The Company has elected to not recognise right-of-use assets and lease liabilities for short-term leases of property and equipment and low value leases of property and equipment. Short-term leases are leases with a term of twelve months or less. The Company recognises the lease payments associated with these leases as an expense on either a straight-line basis over the lease term or another systematic basis if that basis is more representative of the pattern of the lessee's benefit. </div>

<div> Revenue Recognition The Company's accounting policy for revenue recognition under IFRS 15, Revenue from Contracts with Customers, follows a five-step model to determine the amount and timing of revenue to be recognized: 1. Identifying the contract with a customer; 2. Identifying the performance obligations within the contract; 3. Determining the transaction price; 4. Allocating the transaction price to the performance obligations; and 5. Recognizing revenue when/as performance obligation(s) are satisfied. The Company enters into sales contracts with its customers that outline the payment, shipping and return policies under these commercial arrangements. The performance obligation within the sales contracts is primarily the delivery of the Company's proprietary graphene oxide solution ("Solution") and / or masks. These products are sold for contractually determined prices that include consideration for the products delivered and variable consideration consisting of royalties for masks sold by the Company's customers that have been coated with the Solution. The transaction price is allocated to the Solution and the masks based on their standalone selling price and is recognized when the control of these products is obtained by the Company's customers which is generally upon delivery. Royalty revenue is recognized when the Company is entitled to these royalties which is when the coated masks are sold by the Company's customers. Where the consideration payable by the Company's customers includes volume rebates and merchandise discounts, they are considered in determining the transaction price and are estimated and recognised at the time of the sale as a deduction against recognized revenue. To date, these rebates and discounts have been immaterial. </div>

<div> New Accounting Standards and Interpretations not yet Adopted Certain IFRS pronouncements were issued that were mandatory for accounting periods beginning on or after April 1, 2023 or later periods. Many have been excluded as management does not expect them to have a material effect, however, management is still in the process of evaluating any potential impacts. The following have not yet been adopted and are being evaluated to determine their impact on the Company. IAS 1 - Presentation of Financial Statements ("IAS 1") and IFRS Practice Statement 2. In February 2021, the IASB issued amendments to IAS 1 and IFRS Practice Statement 2 Making Materiality Judgements, providing guidance to help entities meet the accounting policy disclosure requirements. The amendments aim to make accounting policy disclosures more informative by replacing the requirement to disclose 'significant accounting policies' with 'material accounting policy information'. The amendments also provide guidance under what circumstance, the accounting policy information is likely to be considered material and therefore requiring disclosure. The Company is assessing the impact of the amendment and does not expect it to have a significant effect on the Company's consolidated financial statements. IAS 37 - Provisions, Contingent Liabilities, and Contingent Assets ("IAS 37") was amended. The amendments clarify that when assessing if a contract is onerous, the cost of fulfilling the contract includes all costs that relate directly to the contract - i.e. a full-cost approach. Such costs include both the incremental costs of the contract (i.e. costs a company would avoid if it did not have the contract) and an allocation of other direct costs incurred on activities required to fulfill the contract - e.g. contract management and supervision, or depreciation of equipment used in fulfilling the contract. The Company has adopted this new standard and has determined there was no significant impact on the consolidated financial statements. <div></div> IAS 16 - Property, Plant and Equipment ("IAS 16") was amended. The amendments introduce new guidance, such that the proceeds from selling items before the related property, plant and equipment is available for its intended use can no longer be deducted from the cost. Instead, such proceeds are to be recognised in profit or loss, together with the costs of producing those items. The Company has adopted this new standard and has determined there was no significant impact on the consolidated financial statements. IAS 12 - Income Taxes ("IAS 12"). In May 2021, the IASB issued amendments to IAS 12, which clarify whether the initial recognition exemption applies to certain transactions that result in both an asset and a liability being recognised simultaneously (e.g. a lease in the scope of IFRS 16). The amendments introduce an additional criterion for the initial recognition exemption, whereby the exemption does not apply to the initial recognition of an asset or liability which at the time of the transaction, gives rise to equal taxable and deductible temporary differences.The Company is assessing the impact of the amendment and does not expect it to have a significant effect on the Company's consolidated financial statements. IAS 8 - Accounting Policies, Changes in Accounting Estimates and Errors (IAS 8). The amendment to IAS 8, which added the definition of accounting estimates, clarifies that the effects of a change in an input or measurement technique are changes in accounting estimates, unless resulting from the correction of prior period errors. These amendments clarify how entities make the distinction between changes in accounting estimate, changes in accounting policy and prior period errors. The Company is assessing the impact of the amendment and does not expect it to have a significant effect on the Company's consolidated financial statements. </div>

<div> <div> <div> 3. CRITICAL JUDGMENTS AND ESTIMATION UNCERTAINTIES The preparation of consolidated financial statements in conformity with IFRS requires the Company's management to make judgments, estimates and assumptions about future events that affect the amounts reported in the consolidated financial statements and related notes. Although these estimates are based on management's best knowledge of the amount, event or actions, actual results may differ from those estimates and these differences could be material. The areas which require management to make significant judgments, estimates and assumptions in determining carrying values include, but are not limited to: Inventory Judgement is required in determining whether net realizable value should be evaluated on a product by product basis or if products cannot be evaluated separately from other products in inventory and should be grouped with similar products. Expected credit loss allowance and provision The Company determines an expected credit loss allowance for trade receivables based on the estimated expected lifetime credit loss, considering the actual credit loss in prior years and forward-looking estimates of expected collections. This estimate varies depending on the nature of the trade receivables, the majority of which are associated with the health sciences business; however, also includes receivables from government agencies. The loss allowance is reviewed on a quarterly basis and any change in estimate is accounted for prospectively. Collectivity of customer balances classified as trade receivables may vary from the Company's estimation. The Company also assesses the expected credit loss of non-trade financial assets, such as the loan receivable which is secured by property mortgages, to determine if an allowance is required. <div></div> <div> </div> </div> Impairment (impairment reversal) of exploration and evaluation assets While assessing whether any indications of impairment or impairment reversal exist for exploration and evaluation assets, consideration is given to both external and internal sources of information. Information the Company considers includes changes in the market, economic and legal environment in which the Company operates that are not within its control that could affect the recoverable amount of exploration and evaluation assets. Internal sources of information include the manner in which exploration and evaluation assets are being used or are expected to be used and indications of expected economic performance of the assets. Estimates include but are not limited to estimates of the discounted future pre-tax cash flows expected to be derived from the Company's mineral exploration properties, costs to sell the properties and the appropriate discount rate. Reductions in metal price forecasts, increases in estimated future costs of production, increases in estimated future capital costs, reductions in the amount of recoverable mineral reserves and mineral resources and/or adverse current economics can result in a write-down of the carrying amounts of the Company's exploration and evaluation assets. Income taxes and recoverability of potential deferred tax assets In assessing the probability of realizing income tax assets recognised, management makes estimates related to expectations of future taxable income, applicable tax planning opportunities, expected timing of reversals of existing temporary differences and the likelihood that tax positions taken will be sustained upon examination by applicable tax authorities. In making its assessments, management gives additional weight to positive and negative evidence that can be objectively verified. Estimates of future taxable income are based on forecasted cash flows from operations and the application of existing tax laws in each jurisdiction. The Company considers whether relevant tax planning opportunities are within the Company's control, are feasible, and are within management's ability to implement. Examination by applicable tax authorities is supported based on individual facts and circumstances of the relevant tax position examined in light of all available evidence. Where applicable tax laws and regulations are either unclear or subject to ongoing varying interpretations, it is reasonably possible that changes in these estimates can occur that materially affect the amounts of income tax assets recognised. Also, future changes in tax laws could limit the Company from realizing the tax benefits from the deferred tax assets. The Company reassesses unrecognised income tax assets at each reporting period. Impairment (impairment reversal) of property and equipment Judgements are required to assess when internal or external indicators of impairment or impairment reversal exist, and impairment testing is required. Management considers internal and external sources of information including forecasted sales, cashflows and expected production volumes. Judgement is required to assess these internal and external factors when determining if the carrying amount of an asset is impaired, or in the case of a previously impaired asset, whether the carrying amount of the asset has been restored. Share-based payments Management determines costs for share-based payments using market-based valuation techniques. The fair value of the market-based and performance-based share awards are determined at the date of grant using generally accepted valuation techniques. Assumptions are made and judgment used in applying valuation techniques. These assumptions and judgments include estimating the future volatility of the stock price, expected dividend yield, future employee turnover rates and future employee stock option exercise behaviors and corporate performance. Such judgments and assumptions are inherently uncertain. Changes in these assumptions affect the fair value estimates. <div></div> <div> </div> </div> Contingencies By their nature, contingencies will only be resolved when one or more future events transpire. The assessment of contingencies inherently involves estimating the outcomes of future events. The Company has disclosed its disputes and was required to exercise judgement in assessing the recorded amounts. </div>

<div> <div style="margin-top:0pt;margin-bottom:0pt"> <div style="margin-top:0pt;margin-bottom:0pt">4. ACCOUNTS AND OTHER RECEIVABLES</div> <div style="margin-top:0pt;margin-bottom:0pt"> </div> </div> <div style="margin-top:0pt;margin-bottom:0pt"> <div style="margin-top:0pt;margin-bottom:0pt"> <div style="margin-top:0pt;margin-bottom:0pt"> <div style="margin-left:19.8pt;margin-top:0pt;margin-bottom:0pt"> <div style="margin-top:0pt;margin-bottom:0pt"> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-size:10pt;width:100%;border-color:rgb(0, 0, 0);margin-top:0pt;margin-bottom:0pt"> <tr style="margin-top:0pt;margin-bottom:0pt"> <td style="margin-top:0pt;margin-bottom:0pt;text-align:center;vertical-align:bottom"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:center;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:center;white-space:nowrap;margin-top:0pt;margin-bottom:0pt">March 31, 2023 $</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:center;white-space:nowrap;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:center;white-space:nowrap;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:center;white-space:nowrap;margin-top:0pt;margin-bottom:0pt">March 31, 2022 $</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:center;margin-top:0pt;margin-bottom:0pt"> </td> </tr> <tr style="margin-top:0pt;margin-bottom:0pt"> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);padding-left:3.85pt;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt">Trade receivables</td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);text-align:left;width:1%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);text-align:right;width:12%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt">106,458</td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);text-align:left;width:2%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);width:1%;text-align:left;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);width:12%;text-align:right;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt">314,375</td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);width:2%;text-align:left;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> </tr> <tr style="margin-top:0pt;margin-bottom:0pt"> <td style="vertical-align:bottom;padding-left:3.85pt;margin-top:0pt;margin-bottom:0pt">Government grants receivable</td> <td style="vertical-align:bottom;text-align:left;width:1%;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;margin-top:0pt;margin-bottom:0pt">151,440</td> <td style="vertical-align:bottom;text-align:left;width:2%;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;margin-top:0pt;margin-bottom:0pt">-</td> <td style="vertical-align:bottom;text-align:left;width:2%;margin-top:0pt;margin-bottom:0pt"> </td> </tr> <tr style="margin-top:0pt;margin-bottom:0pt"> <td style="vertical-align:bottom;padding-left:3.85pt;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt">HST recoverable</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt">172,496</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt">341,789</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> </tr> <tr style="margin-top:0pt;margin-bottom:0pt"> <td style="vertical-align:bottom;padding-left:3.85pt;margin-top:0pt;margin-bottom:0pt">Accrued interest receivable on guaranteed investment certificates</td> <td style="vertical-align:bottom;text-align:left;width:1%;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;margin-top:0pt;margin-bottom:0pt">238,614</td> <td style="vertical-align:bottom;text-align:left;width:2%;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;margin-top:0pt;margin-bottom:0pt">-</td> <td style="vertical-align:bottom;text-align:left;width:2%;margin-top:0pt;margin-bottom:0pt"> </td> </tr> <tr style="margin-top:0pt;margin-bottom:0pt"> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);padding-left:3.85pt;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt">Less: valuation allowance on trade receivables</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:left;width:1%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:right;width:12%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt">(100,000</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:left;width:2%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt">)</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:left;width:1%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:right;width:12%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt">-</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:left;width:2%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> </tr> <tr style="margin-top:0pt;margin-bottom:0pt"> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);border-bottom:1.88pt solid rgb(0, 0, 0);padding-left:3.85pt;margin-top:0pt;margin-bottom:0pt">Total accounts and other receivables</td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);border-bottom:1.88pt solid rgb(0, 0, 0);text-align:left;width:1%;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);border-bottom:1.88pt solid rgb(0, 0, 0);text-align:right;width:12%;margin-top:0pt;margin-bottom:0pt">569,008</td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);border-bottom:1.88pt solid rgb(0, 0, 0);text-align:left;width:2%;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);border-bottom:1.88pt solid rgb(0, 0, 0);width:1%;text-align:left;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);border-bottom:1.88pt solid rgb(0, 0, 0);width:12%;text-align:right;margin-top:0pt;margin-bottom:0pt">656,164</td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);border-bottom:1.88pt solid rgb(0, 0, 0);width:2%;text-align:left;margin-top:0pt;margin-bottom:0pt"> </td> </tr> </table> </div> </div> Included in trade receivables is an amount of $100,000 relating to a sale made in the prior year. The entire amount has been provided for in the valuation allowance as collectability is indeterminable. </div> </div> </div> </div>

<div style="margin-top:0pt;margin-bottom:0pt"> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-size:10pt;width:100%;border-color:rgb(0, 0, 0);margin-top:0pt;margin-bottom:0pt"> <tr style="margin-top:0pt;margin-bottom:0pt"> <td style="margin-top:0pt;margin-bottom:0pt;text-align:center;vertical-align:bottom"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:center;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:center;white-space:nowrap;margin-top:0pt;margin-bottom:0pt">March 31, 2023 $</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:center;white-space:nowrap;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:center;white-space:nowrap;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:center;white-space:nowrap;margin-top:0pt;margin-bottom:0pt">March 31, 2022 $</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:center;margin-top:0pt;margin-bottom:0pt"> </td> </tr> <tr style="margin-top:0pt;margin-bottom:0pt"> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);padding-left:3.85pt;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt">Trade receivables</td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);text-align:left;width:1%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);text-align:right;width:12%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt">106,458</td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);text-align:left;width:2%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);width:1%;text-align:left;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);width:12%;text-align:right;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt">314,375</td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);width:2%;text-align:left;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> </tr> <tr style="margin-top:0pt;margin-bottom:0pt"> <td style="vertical-align:bottom;padding-left:3.85pt;margin-top:0pt;margin-bottom:0pt">Government grants receivable</td> <td style="vertical-align:bottom;text-align:left;width:1%;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;margin-top:0pt;margin-bottom:0pt">151,440</td> <td style="vertical-align:bottom;text-align:left;width:2%;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;margin-top:0pt;margin-bottom:0pt">-</td> <td style="vertical-align:bottom;text-align:left;width:2%;margin-top:0pt;margin-bottom:0pt"> </td> </tr> <tr style="margin-top:0pt;margin-bottom:0pt"> <td style="vertical-align:bottom;padding-left:3.85pt;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt">HST recoverable</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt">172,496</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt">341,789</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> </tr> <tr style="margin-top:0pt;margin-bottom:0pt"> <td style="vertical-align:bottom;padding-left:3.85pt;margin-top:0pt;margin-bottom:0pt">Accrued interest receivable on guaranteed investment certificates</td> <td style="vertical-align:bottom;text-align:left;width:1%;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;margin-top:0pt;margin-bottom:0pt">238,614</td> <td style="vertical-align:bottom;text-align:left;width:2%;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;margin-top:0pt;margin-bottom:0pt">-</td> <td style="vertical-align:bottom;text-align:left;width:2%;margin-top:0pt;margin-bottom:0pt"> </td> </tr> <tr style="margin-top:0pt;margin-bottom:0pt"> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);padding-left:3.85pt;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt">Less: valuation allowance on trade receivables</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:left;width:1%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:right;width:12%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt">(100,000</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:left;width:2%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt">)</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:left;width:1%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:right;width:12%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt">-</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);text-align:left;width:2%;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> </td> </tr> <tr style="margin-top:0pt;margin-bottom:0pt"> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);border-bottom:1.88pt solid rgb(0, 0, 0);padding-left:3.85pt;margin-top:0pt;margin-bottom:0pt">Total accounts and other receivables</td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);border-bottom:1.88pt solid rgb(0, 0, 0);text-align:left;width:1%;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);border-bottom:1.88pt solid rgb(0, 0, 0);text-align:right;width:12%;margin-top:0pt;margin-bottom:0pt">569,008</td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);border-bottom:1.88pt solid rgb(0, 0, 0);text-align:left;width:2%;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);border-bottom:1.88pt solid rgb(0, 0, 0);width:1%;text-align:left;margin-top:0pt;margin-bottom:0pt"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);border-bottom:1.88pt solid rgb(0, 0, 0);width:12%;text-align:right;margin-top:0pt;margin-bottom:0pt">656,164</td> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);border-bottom:1.88pt solid rgb(0, 0, 0);width:2%;text-align:left;margin-top:0pt;margin-bottom:0pt"> </td> </tr> </table> </div>

106458

314375

151440 0

172496

341789

238614

100000 0

569008

656164

100000 <div> <div> <div> 5. LOAN RECEIVABLE In March 2022, a loan was advanced to a third party, who is an insignificant shareholder of the Company and not an insider nor an employee of the Company, earning 6% interest per annum, calculated and payable monthly. The loan is secured by mortgages against properties held by the borrower. The original maturity date was July 1, 2022 and an amended and restated promissory note was completed in 2023 with a revised maturity date of September 29, 2023 and changes to the security held as collateral. The Company performed an analysis of collectivity and based on the collateral against the loan, determined that no provision was required. A continuity of the loan principal and interest balances is presented below: <div style="margin-left:21.6pt"> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-size:10pt;width:100%;border-color:#000000"> <tr> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:center"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:center;white-space:nowrap">March 31, 2023 $</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:center;white-space:nowrap">March 31, 2022 $</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:center"> </td> </tr> <tr> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;padding-left:4.55pt;background-color:#e6efff">Loan balance, beginning of year</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;text-align:right;width:12%;background-color:#e6efff">2,950,000</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;text-align:right;width:12%;background-color:#e6efff">-</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:4.55pt">Loans advanced</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">33,642</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">2,950,000</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:4.55pt;background-color:#e6efff">Interest earned</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">180,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">-</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;padding-left:4.55pt">Interest payments received</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:right;width:12%">(180,000</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:2%">)</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:right;width:12%">-</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;padding-left:4.55pt;background-color:#e6efff">Loan balance, end of year</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:right;width:12%;background-color:#e6efff">2,983,642</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;width:12%;text-align:right;background-color:#e6efff">2,950,000</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> </table> </div> Subsequent to year end, the Company received a payment of $2,500,000 on the loan receivable described above. The remaining $483,642 balance of the loan is due on September 29, 2023. </div> </div> </div>

0.06

The original maturity date was July 1, 2022 and an amended and restated promissory note was completed in 2023 with a revised maturity date of September 29, 2023

2950000

33642

2950000

180000

2983642

2950000

2500000

483642

<div> 6. INVENTORIES <div style="margin-left:21.6pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">March 31,</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">March 31,</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2023</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2022</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Raw materials</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">2,418,530</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">477,095</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Finished goods</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:right">430,543</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:right">188,477</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff">Total inventories</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">2,849,073</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">665,572</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> </table> </div> The cost of inventories recognized as an expense and included in supplies and materials amounted to $50,067 (March 31, 2022: $182,579) Included in prepaids and deposits are $114,725 (March 31, 2022: $855,415) of prepayments made for inventory to be delivered subsequent to year end. A continuity of prepaid inventory is presented below: <div style="margin-left:21.6pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">March 31,</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">March 31,</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2023</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2022</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Prepaid inventory, beginning of year</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">855,415</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Prepayments made during the year</td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">-</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">1,126,575</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Inventory received</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">(740,690</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff">)</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">(271,160</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff">)</td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom">Prepaid inventory, end of year</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right">114,725</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right">855,415</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> </tr> </table> </div> </div>

2418530

477095

430543

188477

2849073

665572

50067 182579 114725 855415 <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">March 31,</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">March 31,</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2023</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2022</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Prepaid inventory, beginning of year</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">855,415</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Prepayments made during the year</td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">-</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">1,126,575</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Inventory received</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">(740,690</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff">)</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">(271,160</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff">)</td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom">Prepaid inventory, end of year</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right">114,725</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right">855,415</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> </tr> </table> 855415 0 0 1126575 -740690 -271160 114725 855415

<div> <div> <div> 7. PROPERTY AND EQUIPMENT <div style="margin-left:21.6pt"> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Land and</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Plant and</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Office furniture</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Leasehold</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Under</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">Building</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">Equipment</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">and Equipment</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">Improvement</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">Right of Use</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">Construction</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">Total</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Cost</td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Balance at April 1, 2021</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">253,138</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">91,713</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">111,190</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">478,223</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">934,264</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Additions</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">2,064,993</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">1,052,822</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">229,744</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">147,641</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">2,439,710</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">5,934,910</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Disposals</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;background-color:#e6efff">Transfers</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom">Balance at March 31, 2022</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%">2,064,993</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%">1,305,960</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%">321,457</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%">258,831</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%">478,223</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%">2,439,710</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%">6,869,174</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Additions</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">689,765</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">18,019</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">95,874</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">481,565</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">1,574,540</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">2,859,763</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Disposals</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">(36,983</td> <td style="text-align:left;vertical-align:bottom;width:2%">)</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">(95,977</td> <td style="text-align:left;vertical-align:bottom;width:2%">)</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">(132,960</td> <td style="text-align:left;vertical-align:bottom;width:2%">)</td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff">Transfers</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">2,068,202</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">(2,068,202</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom">Balance at March 31, 2023</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">2,064,993</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">4,026,944</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">243,499</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">354,705</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">959,788</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">1,946,048</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">9,595,977</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Accumulated Amortisation</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Balance at April 1, 2021</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">91,206</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">75,007</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">37,063</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">25,767</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">229,043</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Amortisation for the period</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">61,950</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">242,951</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">64,124</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">86,277</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">159,408</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">614,710</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Disposals</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom">Transfers</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;background-color:#e6efff">Balance at March 31, 2022</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">61,950</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">334,157</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">139,131</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">123,340</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">185,175</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">843,753</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Amortisation for the period</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">48,574</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">171,734</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">37,126</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">122,852</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">159,407</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">539,693</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Disposals</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">(33,669</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">(89,667</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">(123,336</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom">Transfers</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff">Balance at March 31, 2023</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">110,524</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">472,222</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">86,590</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">246,192</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">344,582</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">1,260,110</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff">Carrying Amounts</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom">Balance at March 31, 2022</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">2,003,043</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">971,803</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">182,326</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">135,491</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">293,048</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">2,439,710</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">6,025,421</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff">Balance at March 31, 2023</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">1,954,469</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">3,554,722</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">156,909</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">108,513</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">615,206</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">1,946,048</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">8,335,867</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> </table> </div> </div> The Company's property and equipment includes an asset under construction in the amount of $1,946,048 (March 31, 2022: $2,439,710) related to costs incurred for a production line at the silver-graphene oxide pilot plant. No amortisation has been recorded on this asset as it is not yet available for use. The Company's right-of-use asset includes its manufacturing facility located in Guelph, Ontario. It is the Company's policy to amortise the right-of-use asset using the straight-line method from the commencement date to the earlier of the end of the useful life of the right-of-use asset or the end of the lease term. </div> </div> </div>

<div> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Land and</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Plant and</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Office furniture</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Leasehold</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Under</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">Building</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">Equipment</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">and Equipment</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">Improvement</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">Right of Use</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">Construction</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">Total</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Cost</td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Balance at April 1, 2021</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">253,138</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">91,713</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">111,190</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">478,223</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">934,264</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Additions</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">2,064,993</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">1,052,822</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">229,744</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">147,641</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">2,439,710</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">5,934,910</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Disposals</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;background-color:#e6efff">Transfers</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom">Balance at March 31, 2022</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%">2,064,993</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%">1,305,960</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%">321,457</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%">258,831</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%">478,223</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%">2,439,710</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:0.75pt solid #000000;text-align:right;vertical-align:bottom;width:8%">6,869,174</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Additions</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">689,765</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">18,019</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">95,874</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">481,565</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">1,574,540</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">2,859,763</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Disposals</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">(36,983</td> <td style="text-align:left;vertical-align:bottom;width:2%">)</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">(95,977</td> <td style="text-align:left;vertical-align:bottom;width:2%">)</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">(132,960</td> <td style="text-align:left;vertical-align:bottom;width:2%">)</td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff">Transfers</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">2,068,202</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">(2,068,202</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom">Balance at March 31, 2023</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">2,064,993</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">4,026,944</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">243,499</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">354,705</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">959,788</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">1,946,048</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">9,595,977</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Accumulated Amortisation</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Balance at April 1, 2021</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">91,206</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">75,007</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">37,063</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">25,767</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">229,043</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Amortisation for the period</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">61,950</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">242,951</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">64,124</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">86,277</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">159,408</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">614,710</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Disposals</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom">Transfers</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;background-color:#e6efff">Balance at March 31, 2022</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">61,950</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">334,157</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">139,131</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">123,340</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">185,175</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">843,753</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Amortisation for the period</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">48,574</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">171,734</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">37,126</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">122,852</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">159,407</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%">539,693</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Disposals</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">(33,669</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">(89,667</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:8%;background-color:#e6efff">(123,336</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom">Transfers</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff">Balance at March 31, 2023</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">110,524</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">472,222</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">86,590</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">246,192</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">344,582</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">-</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">1,260,110</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:8%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff">Carrying Amounts</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom">Balance at March 31, 2022</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">2,003,043</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">971,803</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">182,326</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">135,491</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">293,048</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">2,439,710</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%">6,025,421</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff">Balance at March 31, 2023</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">1,954,469</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">3,554,722</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">156,909</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">108,513</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">615,206</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">1,946,048</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:8%;background-color:#e6efff">8,335,867</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> </table> </div>

253138

91713

111190

478223

934264

2064993

1052822

229744

147641

2439710

5934910

2064993

1305960

321457

258831

478223

2439710

6869174

689765

18019

95874

481565

1574540

2859763

-36983

-95977

-132960

2068202

-2068202

2064993

4026944

243499

354705

959788

1946048

9595977

-0

-91206

-75007

-37063

-25767

-229043

61950

242951

64124

86277

159408

614710

-61950

-334157

-139131

-123340

-185175

-843753

48574

171734

37126

122852

159407

539693

-33669

-89667

-123336

-110524

-472222

-86590

-246192

-344582

-1260110

2003043

971803

182326

135491

293048

2439710

6025421

1954469

3554722

156909

108513

615206

1946048

8335867

1946048

2439710

<div> <div> <div> 8. EXPLORATION AND EVALUATION PROPERTY The 100%-owned Albany Graphite Deposit (the "Albany Property") is located in Northern Ontario, Canada. During the year ended March 31, 2013, the Company reached an agreement with the optionor pursuant to the following terms and conditions: a) The Company will issue to the optionor a total of 1,250,000 common shares. Total shares remaining to be issued are 750,000 common shares valued at $472,500 based on their fair market value on the date of the agreement; b) The Company granted the optionor a net smelter return royalty of 0.75% on the 4F claim block, of which 0.5% can be purchased at any time for $500,000; and <div> <div> c) The agreement provides a clawback right that allows the optionor to reduce the Company's interest in the other claims to 30% subsequent to the exercise of the second option by giving notice within 30 days that the optionor intends to commence sole funding up to completion of a feasibility study within 48 months and within 30 days deliver a payment of $27,500,000. Albany Property </div> </div> </div> </div> <div> <div> <div> <div> <div> <div style="margin-left:21.6pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">(Restated)</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom">(Note 23)</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Balance at March 31, 2021</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">26,159,729</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Expenditures</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">512,206</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Impairment</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">(19,671,935</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> </tr> <tr> <td style="vertical-align:bottom">Balance at March 31, 2022</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">7,000,000</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Expenditures</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Impairment</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff">Balance at March 31, 2023</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;background-color:#e6efff">7,000,000</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> </table> </div> </div> </div> </div> <div> <div> On September 30, 2021, as a result of the Company's change in business from a mining issuer to an industrial, technology, life sciences issuer, the Company conducted an impairment test and determined the recoverable amount of the exploration and evaluation property to be $7,000,000 (see note 23). Accordingly, the Company recognised an impairment charge on the exploration and evaluation property to reduce the carrying value to $7,000,000. The exploration and evaluation expenditures incurred up to the date of impairment were capitalized. After the date of impairment, exploration and evaluation expenditures incurred were recognised as an expense in the consolidated statements of loss and comprehensive loss as the exploration and evaluation assets were presented at management's estimate of their recoverable amount. The recoverable amount of $7,000,000 was determined as the exploration and evaluation property's fair value less costs of disposal. The value of the exploration and evaluation property is categorised as Level 2 within the fair value hierarchy. In February 2023, a new subsidiary corporation, Albany Graphite Corp. ("Albany"), was incorporated for the purpose of transferring the Albany Property. On February 13, 2023, a non-binding letter of intent was signed pursuant to which the Company and Albany agreed to negotiate a transaction involving the transfer of the Albany Property. On May 23, 2023, pursuant to the terms of the property purchase agreement dated April 24, 2023, the Company transferred to Albany the ownership of the Albany Graphite Project. As consideration for the transfer of the Albany Property, the Company received 59,999,900 common shares of Albany. </div> </div> </div> </div> </div>

1 1250000 750000 472500 0.0075 0.005 500000 0.30 27500000 <div> <div> <div style="margin-left:21.6pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">(Restated)</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom">(Note 23)</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Balance at March 31, 2021</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">26,159,729</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Expenditures</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">512,206</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Impairment</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">(19,671,935</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> </tr> <tr> <td style="vertical-align:bottom">Balance at March 31, 2022</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">7,000,000</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Expenditures</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Impairment</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff">Balance at March 31, 2023</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;background-color:#e6efff">7,000,000</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> </table> </div> </div> </div>

26159729

512206

19671935

7000000

7000000 7000000 7000000 59999900

<div> 9. ACCOUNTS PAYABLE AND ACCRUED LIABILITIES <div> <div> <div> <div style="margin-left:21.6pt"> <div> <div> <div> <div> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-size:10pt;width:100%;border-color:#000000"> <tr> <td style="margin-top:0pt;margin-bottom:0pt;text-align:center;vertical-align:bottom"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:center"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:center;white-space:nowrap">March 31, 2023 $</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:center;white-space:nowrap">March 31, 2022 $</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:center;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> Trade payables </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;text-align:right;width:12%;background-color:#e6efff">911,477</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;text-align:right;width:12%;background-color:#e6efff">1,044,587</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);margin-top:0pt;margin-bottom:0pt"> Accrued liabilities </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;width:12%;text-align:right">380,997</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;width:12%;text-align:right">160,000</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;width:2%;text-align:left"> </td> </tr> <tr> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);border-bottom:1.88pt solid rgb(0, 0, 0);background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> Total accounts payable and accrued liabilities </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:right;width:12%;background-color:#e6efff">1,292,474</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:right;width:12%;background-color:#e6efff">1,204,587</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> </table> </div> </div> </div> </div> </div> </div> </div> </div> </div>

<div> <div> <div> <div> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-size:10pt;width:100%;border-color:#000000"> <tr> <td style="margin-top:0pt;margin-bottom:0pt;text-align:center;vertical-align:bottom"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:center"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:center;white-space:nowrap">March 31, 2023 $</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:center;white-space:nowrap">March 31, 2022 $</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:center;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> Trade payables </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;text-align:right;width:12%;background-color:#e6efff">911,477</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;text-align:right;width:12%;background-color:#e6efff">1,044,587</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;border-bottom:1.12pt solid rgb(0, 0, 0);margin-top:0pt;margin-bottom:0pt"> Accrued liabilities </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;width:12%;text-align:right">380,997</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;width:12%;text-align:right">160,000</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;width:2%;text-align:left"> </td> </tr> <tr> <td style="vertical-align:bottom;border-top:1.12pt solid rgb(0, 0, 0);border-bottom:1.88pt solid rgb(0, 0, 0);background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> Total accounts payable and accrued liabilities </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:right;width:12%;background-color:#e6efff">1,292,474</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:right;width:12%;background-color:#e6efff">1,204,587</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> </table> </div> </div> </div> </div>

911477

1044587

380997

160000

1292474

1204587

16050 P3Y 17120 <div> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-size:10pt;width:100%;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap">Year</td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap">Year</td> <td style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap">Ended</td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap">Ended</td> <td style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap">March 31,</td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap">March 31,</td> <td style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap">2023</td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap">2022</td> <td style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="vertical-align:bottom;border-bottom:1.5pt solid #000000"> </td> <td style="vertical-align:bottom;text-align:center;border-bottom:1.5pt solid #000000"> </td> <td style="vertical-align:bottom;text-align:center;border-bottom:1.5pt solid #000000;white-space:nowrap">$</td> <td style="vertical-align:bottom;text-align:center;border-bottom:1.5pt solid #000000;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;border-bottom:1.5pt solid #000000;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;border-bottom:1.5pt solid #000000;white-space:nowrap">$</td> <td style="vertical-align:bottom;text-align:center;border-bottom:1.5pt solid #000000"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:26.25pt;background-color:#e6efff">Lease liability</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">614,120</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">281,872</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;padding-left:26.25pt">Less: current portion</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:right;width:12%">(129,264</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:2%">)</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:right;width:12%">(149,317</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:2%">)</td> </tr> <tr> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;padding-left:26.25pt;background-color:#e6efff">Long-term portion</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:right;width:12%;background-color:#e6efff">484,856</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:right;width:12%;background-color:#e6efff">132,555</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> </table> </div>

614120

281872

129264

149317

484856

132555

43283

70148

<div> 11. LONG-TERM DEBT <div> <div> Pursuant to an asset purchase agreement dated February 10, 2022, the Company acquired the land, building and chattels at 24 Corporate Court in Guelph, Ontario for cash consideration of $351,000 and assumed a mortgage of $1,949,000. The mortgage was assumed in a vendor-take-back agreement with the seller of the property who is an insignificant shareholder and not an insider of the Company. There are no financial covenants associated with this agreement. <div style="margin-left:21.6pt"> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">March 31,</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">March 31,</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2023</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2022</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">First mortgage payable in monthly installments of $85,504 including interest at 5% per annum, due March 1, 2024, with land and building, having a net book value of $2,012,414 [note 7] (March 31, 2022: $2,003,043), pledged as collateral</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">998,080</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">1,949,000</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Less current portion</td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">(998,080</td> <td style="vertical-align:bottom;width:2%;text-align:left">)</td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">(950,930</td> <td style="vertical-align:bottom;width:2%;text-align:left">)</td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff">Total long-term debt</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">998,070</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> </table> </div> </div> On April 1, 2023, the repayment terms were renegotiated to extend the amortization period by an additional 12 months to March 1, 2025 and reduce the monthly installment from $85,504 to $43,764, including interest at 5% per annum. </div> </div> </div>

351000 1949000

85504

0.05

March 1, 2024

2012414 2003043 998080 1949000

998080

950930

998070

85504 43764

0.05

<div> <div> <div> <div> <div> <div> 12. SHARE CAPITAL (a) Share Capital The Company is authorised to issue an unlimited number of common shares, with no par value. During the year ended March 31, 2023, the Company issued 285,924 common shares in connection with the exercise of 348,333 options (2022: 673,333 common shares on exercise of 673,333 options). The carrying value of the options, being $214,133 (2022: $283,567), was removed from share-based payment reserve and added to share capital. During the year ended March 31, 2023, the Company issued nil common shares in connection with the exercise of warrants (2022: 4,256,064 common shares). During the year ended March 31, 2023, the Company issued nil common shares in connection with a private placement (2022: 1,735,199 common shares). During the year ended March 31, 2023, the Company issued nil common shares in connection with a bought-deal prospectus and a concurrent non-brokered private placement (2022: 6,348,864 common shares). </div> </div> <div> <div> (b) Share Purchase Warrants The Company had no share purchase warrants outstanding as of March 31, 2023 and March 31, 2022. The following is a summary of warrants activity for the years ended March 31, 2023 and March 31, 2022: </div> </div> <div> <div> <div> <div> <div style="margin-left:21.6pt"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-size:10pt;width:100%;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td colspan="1" style="text-align:center;vertical-align:bottom"> </td> <td colspan="4" style="text-align:center;vertical-align:bottom;white-space:nowrap">Year ended</td> <td colspan="1" style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td colspan="4" style="text-align:center;vertical-align:bottom;white-space:nowrap">Year ended</td> <td colspan="1" style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td colspan="1" style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> <td colspan="4" style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">March 31, 2023</td> <td colspan="1" style="text-align:center;border-bottom:1.5pt solid transparent;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td colspan="4" style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">March 31, 2022</td> <td colspan="1" style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Weighted</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Weighted</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">average</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">average</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> Number </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">exercise price</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">Number</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">exercise price</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom">$</td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom">$</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Balance, beginning of year</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td colspan="1" style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">3,393,965</td> <td colspan="1" style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">0.67</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Granted</td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">-</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">-</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;text-align:left"> </td> <td colspan="1" style="vertical-align:bottom;width:12%;text-align:right">867,598</td> <td colspan="1" style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">3.00</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Exercised</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td colspan="1" style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">(4,256,064</td> <td colspan="1" style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff">)</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">1.14</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom">Expired</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:right">-</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:right">-</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> <td colspan="1" style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td colspan="1" style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:right">(5,499</td> <td colspan="1" style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left">)</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:right">3.00</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff">Balance, end of year</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff;text-align:right">-</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> </table> </div> </div> </div> </div> </div> <div> <div> (c) Stock Options and Share-Based Payment Reserve During the year ended March 31, 2023, the Company issued 600,000 stock options to a number of consultants, employees and directors at exercise prices ranging from $1.93 to $2.59. The grant date fair value of these stock options was $913,000. The vesting period for the stock options issued was as follows: 200,000 at the date of issuance; 200,000 after 12 months from the date of issuance; and 200,000 after 24 months from the date of issuance. During the year ended March 31, 2022, the Company issued 2,344,000 stock options to a number of consultants, employees and directors at exercise prices ranging from $1.76 to $5.67. The grant date fair value of these stock options was $6,006,693. The vesting period for the stock options issued was as follows: 814,667 at the date of issuance; 400,000 after 6 months from the date of issuance; 764,667 after 12 months from the date of issuance; and 364,666 after 24 months from the date of issuance. During the year ended March 31, 2023, 270,667 (2022: nil) stock options expired which had exercise prices ranging from $1.76 to $4.92. The carrying value of the options, being $395,204 (2022: $nil), was removed from share-based payment reserve and treated as a reduction of the deficit. </div> </div> </div> </div> </div> <div> <div> <div></div> <div> <div> The grant date fair value of the stock options was calculated using the Black-Scholes option pricing model. A summary of the inputs used to value the options issued during the years ended March 31 is presented below: <div style="margin-left:21.6pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt"> <tr> <td style="width:45.9148%"> </td> <td style="text-align:center;width:12%;border-bottom:0.75pt solid #000000;white-space:nowrap">Mar 31, 2023</td> <td style="text-align:center;width:12%;border-bottom:0.75pt solid #000000;white-space:nowrap">Mar 31, 2022</td> </tr> <tr> <td style="width:45.9148%;background-color:#e6efff">Expected dividend yield</td> <td style="text-align:center;width:12%;background-color:#e6efff">0%</td> <td style="text-align:center;width:12%;background-color:#e6efff">0%</td> </tr> <tr> <td style="width:45.9148%">Expected volatility</td> <td style="text-align:center;width:12%">88% to 95%</td> <td style="text-align:center;width:12%">82% to 100%</td> </tr> <tr> <td style="width:45.9148%;background-color:#e6efff">Expected forfeiture rate</td> <td style="text-align:center;width:12%;background-color:#e6efff">0%</td> <td style="text-align:center;width:12%;background-color:#e6efff">0%</td> </tr> <tr> <td style="width:45.9148%">Risk-free interest rate</td> <td style="text-align:center;width:12%">2.5% to 3.9%</td> <td style="text-align:center;width:12%">0.3% to 2.3%</td> </tr> <tr> <td style="width:45.9148%;background-color:#e6efff">Expected life</td> <td style="text-align:center;width:12%;background-color:#e6efff">3 to 5 years</td> <td style="text-align:center;width:12%;background-color:#e6efff">2 to 5 years</td> </tr> </table> </div> </div> </div> <div> <div> The Company's computation of expected volatility for the years ended March 31, 2023 and 2022 is based on the Company's market close price over a prior period equal to the expected life of the options. The Company applies the fair value method of accounting for share-based payment awards to directors, officers, employees and non-employees. Accordingly, the following amounts have been recognised as compensation expense, exploration and evaluation expense and under capital stock as share-based payment reserve: </div> </div> <div style="margin-left:21.6pt"> <div> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Year</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Year</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Ended</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Ended</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">March 31,</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">March 31,</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">2023</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">2022</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom">$</td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom">$</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Share-based compensation expense</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">3,203,407</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">4,726,840</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Exploration and evaluation expenditures</td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">-</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">47,869</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff">Total share-based compensation expense</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">3,203,407</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">4,774,709</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> </table> </div> </div> </div> Stock option and share-based payment activity for the years ended March 31, 2023 and March 31, 2022 are summarised as follows: <div style="margin-left:21.6pt"> <div> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td colspan="1" style="text-align:center;vertical-align:bottom"> </td> <td colspan="4" style="text-align:center;vertical-align:bottom;white-space:nowrap">Year ended</td> <td colspan="1" style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td colspan="1" style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td colspan="4" style="text-align:center;vertical-align:bottom;white-space:nowrap">Year ended</td> <td colspan="1" style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td colspan="1" style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="4" style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">March 31, 2023</td> <td colspan="1" style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td colspan="1" style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td colspan="4" style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">March 31, 2022</td> <td colspan="1" style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Weighted</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Weighted</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">average</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">average</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">Number</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">exercise price</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">Number</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">exercise price</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom">$</td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom">$</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Balance, beginning of year</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">8,692,334</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">2.01</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td colspan="1" style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td colspan="1" style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">7,021,667</td> <td colspan="1" style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">1.13</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Granted</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">600,000</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">2.36</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td colspan="1" style="text-align:left;vertical-align:bottom;width:1%"> </td> <td colspan="1" style="text-align:right;vertical-align:bottom;width:12%">2,344,000</td> <td colspan="1" style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">4.24</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Exercised</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">(348,333</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">0.58</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td colspan="1" style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td colspan="1" style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">(673,333</td> <td colspan="1" style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">0.59</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom">Expired</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%">(270,667</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%">)</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%">3.87</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> <td colspan="1" style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td colspan="1" style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%">-</td> <td colspan="1" style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%">-</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;background-color:#e6efff">Balance, end of year</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;background-color:#e6efff">8,673,334</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;background-color:#e6efff">2.03</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;background-color:#e6efff">8,692,334</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;background-color:#e6efff">2.01</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> </table> </div> </div> </div> <div></div> At March 31, 2023, outstanding options to acquire common shares of the Company were as follows: <div> <div> <div style="margin-left:21.6pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;border-bottom:1.5pt solid #000000"> </td> <td colspan="7" style="text-align:center;vertical-align:bottom;border-bottom:1.5pt solid #000000;white-space:nowrap">Options Outstanding</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;border-bottom:1.5pt solid #000000;white-space:nowrap"> </td> <td colspan="4" style="text-align:center;vertical-align:bottom;border-bottom:1.5pt solid #000000;white-space:nowrap">Options Exercisable </td> <td style="text-align:center;vertical-align:bottom;border-bottom:1.5pt solid #000000"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Weighted</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Weighted</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Weighted</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Number</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Average</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Average</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Number</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Average</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Outstanding</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Remaining</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Exercise</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Outstanding</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Exercise</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom">Range of exercise Prices</td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">as at Mar 31,</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Contractual</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Price</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">as at Mar 31,</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Price</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom">CAD$</td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2023</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Life (years)</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">CAD$</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap;border-bottom:0.75pt solid #000000"> </td> <td style="text-align:center;vertical-align:bottom;border-bottom:0.75pt solid #000000;white-space:nowrap">2023</td> <td style="text-align:center;vertical-align:bottom;border-bottom:0.75pt solid #000000;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;border-bottom:0.75pt solid #000000;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;border-bottom:0.75pt solid #000000;white-space:nowrap">CAD$</td> <td style="text-align:center;vertical-align:bottom;border-bottom:0.75pt solid #000000"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">$0.40 - $1.00</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:11%;background-color:#e6efff">4,283,334</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:11%;background-color:#e6efff">1.12</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff">$</td> <td style="text-align:right;vertical-align:bottom;width:11%;background-color:#e6efff">0.49</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:11%;background-color:#e6efff">4,283,334</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff">$</td> <td style="text-align:right;vertical-align:bottom;width:11%;background-color:#e6efff">0.49</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">$1.01 - $4.00</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:11%">2,575,000</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:11%">2.16</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%">$</td> <td style="text-align:right;vertical-align:bottom;width:11%">2.87</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:11%">2,116,667</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%">$</td> <td style="text-align:right;vertical-align:bottom;width:11%">2.95</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;border-bottom:0.75pt solid #000000;background-color:#e6efff">$4.01 - $5.67</td> <td style="text-align:left;vertical-align:bottom;width:1%;border-bottom:0.75pt solid #000000;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:11%;border-bottom:0.75pt solid #000000;background-color:#e6efff">1,815,000</td> <td style="text-align:left;vertical-align:bottom;width:2%;border-bottom:0.75pt solid #000000;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;border-bottom:0.75pt solid #000000;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:11%;border-bottom:0.75pt solid #000000;background-color:#e6efff">2.98</td> <td style="text-align:left;vertical-align:bottom;width:2%;border-bottom:0.75pt solid #000000;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;border-bottom:0.75pt solid #000000;background-color:#e6efff">$</td> <td style="text-align:right;vertical-align:bottom;width:11%;border-bottom:0.75pt solid #000000;background-color:#e6efff">4.47</td> <td style="text-align:left;vertical-align:bottom;width:2%;border-bottom:0.75pt solid #000000;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;border-bottom:0.75pt solid #000000;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:11%;border-bottom:0.75pt solid #000000;background-color:#e6efff">1,610,000</td> <td style="text-align:left;vertical-align:bottom;width:2%;border-bottom:0.75pt solid #000000;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;border-bottom:0.75pt solid #000000;background-color:#e6efff">$</td> <td style="text-align:right;vertical-align:bottom;width:11%;border-bottom:0.75pt solid #000000;background-color:#e6efff">4.44</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff;border-bottom:0.75pt solid #000000"> </td> </tr> <tr> <td style="vertical-align:bottom;border-bottom:1.5pt solid #000000">Totals</td> <td style="text-align:left;vertical-align:bottom;width:1%;border-bottom:1.5pt solid #000000"> </td> <td style="text-align:right;vertical-align:bottom;width:11%;border-bottom:1.5pt solid #000000">8,673,334</td> <td style="text-align:left;vertical-align:bottom;width:2%;border-bottom:1.5pt solid #000000"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;border-bottom:1.5pt solid #000000"> </td> <td style="text-align:right;vertical-align:bottom;width:11%;border-bottom:1.5pt solid #000000">1.82</td> <td style="text-align:left;vertical-align:bottom;width:2%;border-bottom:1.5pt solid #000000"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;border-bottom:1.5pt solid #000000">$</td> <td style="text-align:right;vertical-align:bottom;width:11%;border-bottom:1.5pt solid #000000">2.03</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;border-bottom:1.5pt solid #000000"> </td> <td style="text-align:right;vertical-align:bottom;width:11%;border-bottom:1.5pt solid #000000">8,010,001</td> <td style="text-align:left;vertical-align:bottom;width:2%;border-bottom:1.5pt solid #000000"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;border-bottom:1.5pt solid #000000">$</td> <td style="text-align:right;vertical-align:bottom;width:11%;border-bottom:1.5pt solid #000000">1.93</td> <td style="text-align:left;vertical-align:bottom;width:2%;border-bottom:0.75pt solid #000000"> </td> </tr> </table> </div> At March 31, 2022, outstanding options to acquire common shares of the Company were as follows: <div style="margin-left:21.6pt"> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td colspan="1" style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> <td colspan="7" style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">Options Outstanding</td> <td colspan="1" style="text-align:center;border-bottom:1.5pt solid transparent;vertical-align:bottom;white-space:nowrap"> </td> <td colspan="1" style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td colspan="4" style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">Options Exercisable </td> <td colspan="1" style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Weighted</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Weighted</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Weighted</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Number</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Average</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Average</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Number</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Average</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Outstanding</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Remaining</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Exercise</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Outstanding</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Exercise</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom">Range of exercise Prices</td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">as at Mar 31,</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Contractual</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Price</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">as at Mar 31,</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Price</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom">CAD$</td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2022</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Life (years)</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">CAD$</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">2022</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">CAD$</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">$0.40 - $1.00</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:11%;text-align:right;background-color:#e6efff">4,598,334</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:11%;text-align:right;background-color:#e6efff">2.12</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff">$</td> <td style="text-align:right;vertical-align:bottom;width:11%;background-color:#e6efff">0.42</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:11%;text-align:right;background-color:#e6efff">4,365,000</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff">$</td> <td style="vertical-align:bottom;width:11%;text-align:right;background-color:#e6efff">0.42</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">$1.01 - $4.00</td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:11%;text-align:right">2,179,000</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:11%;text-align:right">2.87</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="text-align:left;vertical-align:bottom;width:1%">$</td> <td style="text-align:right;vertical-align:bottom;width:11%">3.04</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:11%;text-align:right">1,734,667</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left">$</td> <td style="vertical-align:bottom;width:11%;text-align:right">3.06</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;background-color:#e6efff">$4.01 - $5.67</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:11%;text-align:right;background-color:#e6efff">1,915,000</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:11%;text-align:right;background-color:#e6efff">3.91</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff">$</td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:11%;background-color:#e6efff">4.48</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:11%;text-align:right;background-color:#e6efff">638,334</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff">$</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:11%;text-align:right;background-color:#e6efff">4.48</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom">Totals</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:11%;text-align:right">8,692,334</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:11%;text-align:right">2.70</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%">$</td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:11%">2.01</td> <td style="text-align:left;border-bottom:1.5pt solid transparent;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:11%;text-align:right">6,738,001</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left">$</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:11%;text-align:right">1.53</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> </tr> </table> </div> </div> </div> </div> </div> </div> </div>

285924

348333

673333

214133 283567 0 4256064 0 1735199

6348864

<div> <div> <div> <div style="margin-left:21.6pt"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-size:10pt;width:100%;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td colspan="1" style="text-align:center;vertical-align:bottom"> </td> <td colspan="4" style="text-align:center;vertical-align:bottom;white-space:nowrap">Year ended</td> <td colspan="1" style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td colspan="4" style="text-align:center;vertical-align:bottom;white-space:nowrap">Year ended</td> <td colspan="1" style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td colspan="1" style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> <td colspan="4" style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">March 31, 2023</td> <td colspan="1" style="text-align:center;border-bottom:1.5pt solid transparent;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td colspan="4" style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">March 31, 2022</td> <td colspan="1" style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Weighted</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Weighted</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">average</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">average</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> Number </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">exercise price</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">Number</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">exercise price</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom">$</td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom">$</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Balance, beginning of year</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td colspan="1" style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">3,393,965</td> <td colspan="1" style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">0.67</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Granted</td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">-</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">-</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;text-align:left"> </td> <td colspan="1" style="vertical-align:bottom;width:12%;text-align:right">867,598</td> <td colspan="1" style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">3.00</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Exercised</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td colspan="1" style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">(4,256,064</td> <td colspan="1" style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff">)</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">1.14</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom">Expired</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:right">-</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:right">-</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> <td colspan="1" style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td colspan="1" style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:right">(5,499</td> <td colspan="1" style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left">)</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:right">3.00</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff">Balance, end of year</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff;text-align:right">-</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> </table> </div> </div> </div> </div>

3393965

0.67

867598

4256064

1.14

5499

600000

1.93

2.59

913000

200,000 at the date of issuance; 200,000 after 12 months from the date of issuance; and 200,000 after 24 months from the date of issuance

2344000

1.76

5.67

6006693

814,667 at the date of issuance; 400,000 after 6 months from the date of issuance; 764,667 after 12 months from the date of issuance; and 364,666 after 24 months from the date of issuance

270667

1.76

4.92

395204 0 <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt"> <tr> <td style="width:45.9148%"> </td> <td style="text-align:center;width:12%;border-bottom:0.75pt solid #000000;white-space:nowrap">Mar 31, 2023</td> <td style="text-align:center;width:12%;border-bottom:0.75pt solid #000000;white-space:nowrap">Mar 31, 2022</td> </tr> <tr> <td style="width:45.9148%;background-color:#e6efff">Expected dividend yield</td> <td style="text-align:center;width:12%;background-color:#e6efff">0%</td> <td style="text-align:center;width:12%;background-color:#e6efff">0%</td> </tr> <tr> <td style="width:45.9148%">Expected volatility</td> <td style="text-align:center;width:12%">88% to 95%</td> <td style="text-align:center;width:12%">82% to 100%</td> </tr> <tr> <td style="width:45.9148%;background-color:#e6efff">Expected forfeiture rate</td> <td style="text-align:center;width:12%;background-color:#e6efff">0%</td> <td style="text-align:center;width:12%;background-color:#e6efff">0%</td> </tr> <tr> <td style="width:45.9148%">Risk-free interest rate</td> <td style="text-align:center;width:12%">2.5% to 3.9%</td> <td style="text-align:center;width:12%">0.3% to 2.3%</td> </tr> <tr> <td style="width:45.9148%;background-color:#e6efff">Expected life</td> <td style="text-align:center;width:12%;background-color:#e6efff">3 to 5 years</td> <td style="text-align:center;width:12%;background-color:#e6efff">2 to 5 years</td> </tr> </table>

0.88

0.95

0.82

0 0

0.025

0.039

0.003

0.023

3203407

4726840

0 47869

3203407

4774709

<div> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td colspan="1" style="text-align:center;vertical-align:bottom"> </td> <td colspan="4" style="text-align:center;vertical-align:bottom;white-space:nowrap">Year ended</td> <td colspan="1" style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td colspan="1" style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td colspan="4" style="text-align:center;vertical-align:bottom;white-space:nowrap">Year ended</td> <td colspan="1" style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td colspan="1" style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td colspan="4" style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">March 31, 2023</td> <td colspan="1" style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td colspan="1" style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td colspan="4" style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">March 31, 2022</td> <td colspan="1" style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Weighted</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Weighted</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">average</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">average</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">Number</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">exercise price</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">Number</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">exercise price</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom">$</td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom">$</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Balance, beginning of year</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">8,692,334</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">2.01</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td colspan="1" style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td colspan="1" style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">7,021,667</td> <td colspan="1" style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">1.13</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Granted</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">600,000</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">2.36</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td colspan="1" style="text-align:left;vertical-align:bottom;width:1%"> </td> <td colspan="1" style="text-align:right;vertical-align:bottom;width:12%">2,344,000</td> <td colspan="1" style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">4.24</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Exercised</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">(348,333</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">0.58</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td colspan="1" style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td colspan="1" style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">(673,333</td> <td colspan="1" style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">0.59</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom">Expired</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%">(270,667</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%">)</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%">3.87</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> <td colspan="1" style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td colspan="1" style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%">-</td> <td colspan="1" style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%">-</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;background-color:#e6efff">Balance, end of year</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;background-color:#e6efff">8,673,334</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;background-color:#e6efff">2.03</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;background-color:#e6efff">8,692,334</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;background-color:#e6efff">2.01</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> </table> </div> </div>

8692334

2.01

7021667

1.13

600000

2.36

2344000

4.24

348333

0.58

673333

0.59

270667

3.87

8673334

2.03

8692334

2.01

<table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;border-bottom:1.5pt solid #000000"> </td> <td colspan="7" style="text-align:center;vertical-align:bottom;border-bottom:1.5pt solid #000000;white-space:nowrap">Options Outstanding</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;border-bottom:1.5pt solid #000000;white-space:nowrap"> </td> <td colspan="4" style="text-align:center;vertical-align:bottom;border-bottom:1.5pt solid #000000;white-space:nowrap">Options Exercisable </td> <td style="text-align:center;vertical-align:bottom;border-bottom:1.5pt solid #000000"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Weighted</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Weighted</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Weighted</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Number</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Average</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Average</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Number</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Average</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Outstanding</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Remaining</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Exercise</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Outstanding</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Exercise</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom">Range of exercise Prices</td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">as at Mar 31,</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Contractual</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Price</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">as at Mar 31,</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Price</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom">CAD$</td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2023</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Life (years)</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">CAD$</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap;border-bottom:0.75pt solid #000000"> </td> <td style="text-align:center;vertical-align:bottom;border-bottom:0.75pt solid #000000;white-space:nowrap">2023</td> <td style="text-align:center;vertical-align:bottom;border-bottom:0.75pt solid #000000;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;border-bottom:0.75pt solid #000000;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;border-bottom:0.75pt solid #000000;white-space:nowrap">CAD$</td> <td style="text-align:center;vertical-align:bottom;border-bottom:0.75pt solid #000000"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">$0.40 - $1.00</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:11%;background-color:#e6efff">4,283,334</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:11%;background-color:#e6efff">1.12</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff">$</td> <td style="text-align:right;vertical-align:bottom;width:11%;background-color:#e6efff">0.49</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:11%;background-color:#e6efff">4,283,334</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff">$</td> <td style="text-align:right;vertical-align:bottom;width:11%;background-color:#e6efff">0.49</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">$1.01 - $4.00</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:11%">2,575,000</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:11%">2.16</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%">$</td> <td style="text-align:right;vertical-align:bottom;width:11%">2.87</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:11%">2,116,667</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%">$</td> <td style="text-align:right;vertical-align:bottom;width:11%">2.95</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;border-bottom:0.75pt solid #000000;background-color:#e6efff">$4.01 - $5.67</td> <td style="text-align:left;vertical-align:bottom;width:1%;border-bottom:0.75pt solid #000000;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:11%;border-bottom:0.75pt solid #000000;background-color:#e6efff">1,815,000</td> <td style="text-align:left;vertical-align:bottom;width:2%;border-bottom:0.75pt solid #000000;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;border-bottom:0.75pt solid #000000;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:11%;border-bottom:0.75pt solid #000000;background-color:#e6efff">2.98</td> <td style="text-align:left;vertical-align:bottom;width:2%;border-bottom:0.75pt solid #000000;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;border-bottom:0.75pt solid #000000;background-color:#e6efff">$</td> <td style="text-align:right;vertical-align:bottom;width:11%;border-bottom:0.75pt solid #000000;background-color:#e6efff">4.47</td> <td style="text-align:left;vertical-align:bottom;width:2%;border-bottom:0.75pt solid #000000;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;border-bottom:0.75pt solid #000000;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:11%;border-bottom:0.75pt solid #000000;background-color:#e6efff">1,610,000</td> <td style="text-align:left;vertical-align:bottom;width:2%;border-bottom:0.75pt solid #000000;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;border-bottom:0.75pt solid #000000;background-color:#e6efff">$</td> <td style="text-align:right;vertical-align:bottom;width:11%;border-bottom:0.75pt solid #000000;background-color:#e6efff">4.44</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff;border-bottom:0.75pt solid #000000"> </td> </tr> <tr> <td style="vertical-align:bottom;border-bottom:1.5pt solid #000000">Totals</td> <td style="text-align:left;vertical-align:bottom;width:1%;border-bottom:1.5pt solid #000000"> </td> <td style="text-align:right;vertical-align:bottom;width:11%;border-bottom:1.5pt solid #000000">8,673,334</td> <td style="text-align:left;vertical-align:bottom;width:2%;border-bottom:1.5pt solid #000000"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;border-bottom:1.5pt solid #000000"> </td> <td style="text-align:right;vertical-align:bottom;width:11%;border-bottom:1.5pt solid #000000">1.82</td> <td style="text-align:left;vertical-align:bottom;width:2%;border-bottom:1.5pt solid #000000"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;border-bottom:1.5pt solid #000000">$</td> <td style="text-align:right;vertical-align:bottom;width:11%;border-bottom:1.5pt solid #000000">2.03</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;border-bottom:1.5pt solid #000000"> </td> <td style="text-align:right;vertical-align:bottom;width:11%;border-bottom:1.5pt solid #000000">8,010,001</td> <td style="text-align:left;vertical-align:bottom;width:2%;border-bottom:1.5pt solid #000000"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;border-bottom:1.5pt solid #000000">$</td> <td style="text-align:right;vertical-align:bottom;width:11%;border-bottom:1.5pt solid #000000">1.93</td> <td style="text-align:left;vertical-align:bottom;width:2%;border-bottom:0.75pt solid #000000"> </td> </tr> </table> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td colspan="1" style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> <td colspan="7" style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">Options Outstanding</td> <td colspan="1" style="text-align:center;border-bottom:1.5pt solid transparent;vertical-align:bottom;white-space:nowrap"> </td> <td colspan="1" style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td colspan="4" style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">Options Exercisable </td> <td colspan="1" style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Weighted</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Weighted</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Weighted</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Number</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Average</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Average</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Number</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Average</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Outstanding</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Remaining</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Exercise</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Outstanding</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Exercise</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom">Range of exercise Prices</td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">as at Mar 31,</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Contractual</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Price</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">as at Mar 31,</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Price</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom">CAD$</td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2022</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Life (years)</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">CAD$</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">2022</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">CAD$</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">$0.40 - $1.00</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:11%;text-align:right;background-color:#e6efff">4,598,334</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:11%;text-align:right;background-color:#e6efff">2.12</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff">$</td> <td style="text-align:right;vertical-align:bottom;width:11%;background-color:#e6efff">0.42</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:11%;text-align:right;background-color:#e6efff">4,365,000</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff">$</td> <td style="vertical-align:bottom;width:11%;text-align:right;background-color:#e6efff">0.42</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">$1.01 - $4.00</td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:11%;text-align:right">2,179,000</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:11%;text-align:right">2.87</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="text-align:left;vertical-align:bottom;width:1%">$</td> <td style="text-align:right;vertical-align:bottom;width:11%">3.04</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:11%;text-align:right">1,734,667</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left">$</td> <td style="vertical-align:bottom;width:11%;text-align:right">3.06</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;background-color:#e6efff">$4.01 - $5.67</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:11%;text-align:right;background-color:#e6efff">1,915,000</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:11%;text-align:right;background-color:#e6efff">3.91</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff">$</td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:11%;background-color:#e6efff">4.48</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:11%;text-align:right;background-color:#e6efff">638,334</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff">$</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:11%;text-align:right;background-color:#e6efff">4.48</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom">Totals</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:11%;text-align:right">8,692,334</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:11%;text-align:right">2.70</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%">$</td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:11%">2.01</td> <td style="text-align:left;border-bottom:1.5pt solid transparent;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:11%;text-align:right">6,738,001</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left">$</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:11%;text-align:right">1.53</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> </tr> </table> </div>

0.4

4283334

P1Y1M13D

0.49

4283334

0.49

1.01

2575000

P2Y1M28D

2.87

2116667

2.95

4.01

5.67

1815000

P2Y11M23D

4.47

1610000

4.44

8673334

P1Y9M25D

2.03

8010001

1.93

0.4

4598334

P2Y1M13D

0.42

4365000

0.42

1.01

2179000

P2Y10M13D

3.04

1734667

3.06

4.01

5.67

1915000

P3Y10M28D

4.48

638334

4.48

8692334

P2Y8M12D

2.01

6738001

1.53

<div> <div> <div> <div> 13. SUPPLEMENTAL DISCLOSURES ON STATEMENTS OF CASH FLOWS Changes in non-cash working capital balances consist of: <div> <div style="margin-left:18pt"> <div> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">March 31,</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">March 31,</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2023</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2022</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> Accounts and other receivables </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">(12,844</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff">)</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">(536,815</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff">)</td> </tr> <tr> <td style="vertical-align:bottom;margin-top:0pt;margin-bottom:0pt"> Inventories </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">(2,183,501</td> <td style="vertical-align:bottom;width:2%;text-align:left">)</td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">(665,572</td> <td style="vertical-align:bottom;width:2%;text-align:left">)</td> </tr> <tr> <td style="vertical-align:bottom;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> Prepaids and deposits </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">(181,606</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff">)</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">(985,522</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff">)</td> </tr> <tr> <td style="border-bottom:0.75pt solid rgb(0, 0, 0);vertical-align:bottom;margin-top:0pt;margin-bottom:0pt"> Accounts payable and accrued liabilities </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:right">(17,377</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left">)</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:right">831,484</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff">Total change in non-cash working capital balances</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">(2,395,328</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff">)</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">(1,356,425</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff">)</td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right"> </td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right"> </td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="vertical-align:bottom">Supplementary disclosures:</td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right"> </td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right"> </td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right"> </td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right"> </td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid rgb(0, 0, 0);vertical-align:bottom;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> Change in accounts payable relating to property and equipment </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff">$</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">105,264</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff">$</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right"> </td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right"> </td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid rgb(0, 0, 0);vertical-align:bottom;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> Assumption of mortgage to acquire building </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff">$</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff">$</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">1,949,000</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right"> </td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right"> </td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid rgb(0, 0, 0);vertical-align:bottom;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> Shares issued charged to share issue costs </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff">$</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff">$</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">38,979</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> </table> </div> </div> <div style="margin-left:18pt"> </div> </div> <div style="margin-left:18pt"> <div> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom">Cash and cash equivalents are comprised of:</td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">March 31,</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">March 31,</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2023</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2022</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> Cash in bank </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">157,317</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">26,475,000</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;margin-top:0pt;margin-bottom:0pt"> Cashable guaranteed investment certificate, variable rate, maturing September 2023 </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">10,000,000</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">-</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid rgb(0, 0, 0);vertical-align:bottom;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> Cashable guaranteed investment certificate, 2.75%, maturing December 2023 </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">200,000</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">200,000</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom">Total cash and cash equivalents</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right">10,357,317</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right">26,675,000</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> </tr> </table> </div> </div> </div> </div> </div> </div> </div> <div> <div> The guaranteed investment certificate of $200,000 is held as collateral by the Company's primary financial institution against corporate credit cards. During the year ended March 31, 2023, 233,333 stock options were exercised using a "cashless" exercise method whereby 62,409 fewer shares were issued than options exercised as compensation for the $95,117 in cash that traditionally would have been received by the Company upon exercise. </div> </div> </div>

<div> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">March 31,</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">March 31,</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2023</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2022</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> Accounts and other receivables </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">(12,844</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff">)</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">(536,815</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff">)</td> </tr> <tr> <td style="vertical-align:bottom;margin-top:0pt;margin-bottom:0pt"> Inventories </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">(2,183,501</td> <td style="vertical-align:bottom;width:2%;text-align:left">)</td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">(665,572</td> <td style="vertical-align:bottom;width:2%;text-align:left">)</td> </tr> <tr> <td style="vertical-align:bottom;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> Prepaids and deposits </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">(181,606</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff">)</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">(985,522</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff">)</td> </tr> <tr> <td style="border-bottom:0.75pt solid rgb(0, 0, 0);vertical-align:bottom;margin-top:0pt;margin-bottom:0pt"> Accounts payable and accrued liabilities </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:right">(17,377</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left">)</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:right">831,484</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff">Total change in non-cash working capital balances</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">(2,395,328</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff">)</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">(1,356,425</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff">)</td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right"> </td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right"> </td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="vertical-align:bottom">Supplementary disclosures:</td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right"> </td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right"> </td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right"> </td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right"> </td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid rgb(0, 0, 0);vertical-align:bottom;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> Change in accounts payable relating to property and equipment </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff">$</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">105,264</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff">$</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right"> </td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right"> </td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid rgb(0, 0, 0);vertical-align:bottom;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> Assumption of mortgage to acquire building </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff">$</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff">$</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">1,949,000</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right"> </td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right"> </td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid rgb(0, 0, 0);vertical-align:bottom;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> Shares issued charged to share issue costs </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff">$</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff">$</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">38,979</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> </table> </div> </div> <div style="margin-left:18pt"> </div>

-12844

-536815

-2183501

-665572

-181606

-985522

-17377

831484

2395328

1356425

105264 0 0 1949000 0 38979 <div> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom">Cash and cash equivalents are comprised of:</td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">March 31,</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">March 31,</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2023</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2022</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:1.5pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> Cash in bank </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">157,317</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">26,475,000</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;margin-top:0pt;margin-bottom:0pt"> Cashable guaranteed investment certificate, variable rate, maturing September 2023 </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">10,000,000</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">-</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid rgb(0, 0, 0);vertical-align:bottom;background-color:rgb(230, 239, 255);margin-top:0pt;margin-bottom:0pt"> Cashable guaranteed investment certificate, 2.75%, maturing December 2023 </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">200,000</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">200,000</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom">Total cash and cash equivalents</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right">10,357,317</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right">26,675,000</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left"> </td> </tr> </table> </div> </div>

157317

26475000

10000000 0 0.0275

200000

10357317

26675000

200000

233333 62409 95117

<div> <div> <div> 14. RELATED PARTY TRANSACTIONS Key management personnel are those persons having authority and responsibility for planning, directing and controlling the activities of the Company directly or indirectly, including any directors (executive and non-executive) of the Company. The Company defines key management personnel as its key executive management and Board of Directors. In addition to their salaries, the Company provides a benefit plan and other allowances to its key management personnel. Key management personnel are also granted stock options at the discretion of the Board of Directors. The remuneration of key management personnel during the years ended March 31, 2023 and 2022 were as follows: </div> </div> <div style="margin-left:21pt"> <div> <div style="margin-bottom:10pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2023</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2022</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Directors fees</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">140,625</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Salaries and benefits</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">1,215,625</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">490,000</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;background-color:#e6efff">Share-based compensation</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;background-color:#e6efff">1,694,284</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;background-color:#e6efff">2,602,803</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom">Total remuneration of key management personnel</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%">3,050,534</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%">3,092,803</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> </tr> </table> </div> </div> </div> </div>

<div> <div style="margin-bottom:10pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2023</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2022</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Directors fees</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">140,625</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Salaries and benefits</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">1,215,625</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">490,000</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;background-color:#e6efff">Share-based compensation</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;background-color:#e6efff">1,694,284</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;background-color:#e6efff">2,602,803</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom">Total remuneration of key management personnel</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%">3,050,534</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%">3,092,803</td> <td style="text-align:left;border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%"> </td> </tr> </table> </div> </div>

140625 0

1215625

490000

1694284

2602803

3050534

3092803

<div> 15. INCOME TAXES <div> <div> (a) Provision for Income Taxes <div> <div style="margin-left:21.6pt">Major items causing the Company's effective income tax rate to differ from the combined Canadian federal and provincial statutory rate of 26.5% (2022 - 26.5%) were as follows: </div> </div> <div> <div> <div> <div> <div> <div style="margin-left:21.6pt"> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-size:10pt;width:100%;border-color:#000000"> <tr> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;border-bottom:0.75pt solid black"> </td> <td style="vertical-align:bottom;text-align:center;border-bottom:0.75pt solid black"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black">2023 $</td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black">2022 $</td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black"> </td> </tr> <tr> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom"> </td> <td style="margin-top:0pt;margin-bottom:0pt;text-align:center;vertical-align:bottom"> </td> <td style="margin-top:0pt;margin-bottom:0pt;text-align:center;vertical-align:bottom"> </td> <td style="margin-top:0pt;margin-bottom:0pt;text-align:center;vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center">(Restated) (Note 23</td> <td style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:3.85pt;background-color:#e6efff">Loss before income taxes</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">(14,414,266</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff">)</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">(31,694,048</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff">)</td> </tr> <tr> <td style="vertical-align:bottom;padding-left:3.85pt"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%"> </td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%"> </td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:3.85pt;background-color:#e6efff">Expected income tax recovery based on statutory rate</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">(3,820,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff">)</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">(8,399,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff">)</td> </tr> <tr> <td style="vertical-align:bottom;padding-left:3.85pt">Adjustments to expected income tax benefit:</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;width:12%;text-align:right"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;width:2%;text-align:left"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;width:12%;text-align:right"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:21.85pt;background-color:#e6efff">Share-based compensation</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">849,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">1,253,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:21.85pt">Non-deductible expenses and other</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">4,000</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">8,000</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;padding-left:21.85pt;background-color:#e6efff">Change in benefit of tax assets not recognised</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:right;width:12%;background-color:#e6efff">2,967,000</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:right;width:12%;background-color:#e6efff">7,138,000</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;padding-left:3.85pt">Deferred income tax provision (recovery)</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:right;width:12%">-</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:right;width:12%">-</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:2%"> </td> </tr> </table> </div> </div> </div> </div> </div> </div> <div style="margin-left:18pt"> </div> </div> </div> <div> <div> <div></div> b) Deferred Income Tax The components of deferred tax are summarised below. Deferred tax assets and liabilities have been offset where they relate to income taxes levied by the same taxation authority and the Company has the legal right and intent to offset. <div style="margin-left:21.6pt"> <div> <div> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2023</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2022</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Recognised deferred tax assets and liabilities</td> <td style="vertical-align:bottom;background-color:#e6efff"> </td> <td style="vertical-align:bottom;background-color:#e6efff"> </td> <td style="vertical-align:bottom;background-color:#e6efff"> </td> <td style="vertical-align:bottom;background-color:#e6efff"> </td> <td style="vertical-align:bottom;background-color:#e6efff"> </td> <td style="vertical-align:bottom;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:15pt">Non-capital losses carry-forwards</td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">12,000</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">78,000</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff;padding-left:15pt">Property and equipment</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">151,000</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:15pt">Right-of-use assets</td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">(163,000</td> <td style="vertical-align:bottom;width:2%;text-align:left">)</td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">(78,000</td> <td style="vertical-align:bottom;width:2%;text-align:left">)</td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff">Net deferred tax assets</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> </table> </div> </div> </div> </div> Deferred income tax assets have not been recognised in respect of the following deductible temporary differences: <div> <div> <div> <div> <div> <div> <div> <div style="margin-left:21.6pt"> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-size:10pt;width:100%;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap">2023</td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap">2022</td> <td style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="vertical-align:bottom;border-bottom:0.75pt solid #000000"> </td> <td style="vertical-align:bottom;text-align:center;border-bottom:0.75pt solid #000000"> </td> <td style="vertical-align:bottom;text-align:center;border-bottom:0.75pt solid #000000;white-space:nowrap">$</td> <td style="vertical-align:bottom;text-align:center;border-bottom:0.75pt solid #000000;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;border-bottom:0.75pt solid #000000;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;border-bottom:0.75pt solid #000000;white-space:nowrap">$</td> <td style="vertical-align:bottom;text-align:center;border-bottom:0.75pt solid #000000"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center">(Restated) </td> <td style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center">(Note 23)</td> <td style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:4.05pt;background-color:#e6efff">Non-capital loss carry-forwards</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">19,444,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">7,998,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:4.05pt">Equipment</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">569,000</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">428,000</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:4.05pt;background-color:#e6efff">Interest in exploration and evaluation property</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">28,256,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">28,560,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:4.05pt">Scientific research and development</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">580,000</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">-</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:4.05pt;background-color:#e6efff">Share issue costs</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">1,033,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">1,433,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;padding-left:4.05pt">Lease liability</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:right;width:12%">614,000</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:right;width:12%">282,000</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;padding-left:4.05pt;background-color:#e6efff">Deductible temporary differences</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:right;width:12%;background-color:#e6efff">50,496,000</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:right;width:12%;background-color:#e6efff">38,701,000</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> </table> </div> </div> </div> </div> </div> </div> </div> </div> Deferred tax assets have not been recognised in respect of these temporary differences because it is not probable that future taxable profits will be available against which the Company can utilise the benefits. </div> </div> <div> <div> <div> <div> c) Loss Carry-Forwards The Company has available non-capital losses for Canadian income tax purposes which may be carried forward to reduce taxable income in future years. If not utilised, the non-capital losses of approximately $20,051,000 will expire between the fiscal years ending March 31, 2031 and March 31, 2043. The Company has approximately $35,250,000 of Canadian development and exploration expenditures as at March 31, 2023 (2022: $35,500,000), which under certain circumstances may be utilised to reduce the taxable income of future years. </div> </div> </div> </div> </div>

0.265

<div> <div> <div> <div> <div style="margin-left:21.6pt"> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-size:10pt;width:100%;border-color:#000000"> <tr> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;border-bottom:0.75pt solid black"> </td> <td style="vertical-align:bottom;text-align:center;border-bottom:0.75pt solid black"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black">2023 $</td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black">2022 $</td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black"> </td> </tr> <tr> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom"> </td> <td style="margin-top:0pt;margin-bottom:0pt;text-align:center;vertical-align:bottom"> </td> <td style="margin-top:0pt;margin-bottom:0pt;text-align:center;vertical-align:bottom"> </td> <td style="margin-top:0pt;margin-bottom:0pt;text-align:center;vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center">(Restated) (Note 23</td> <td style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:3.85pt;background-color:#e6efff">Loss before income taxes</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">(14,414,266</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff">)</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">(31,694,048</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff">)</td> </tr> <tr> <td style="vertical-align:bottom;padding-left:3.85pt"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%"> </td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%"> </td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:3.85pt;background-color:#e6efff">Expected income tax recovery based on statutory rate</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">(3,820,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff">)</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">(8,399,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff">)</td> </tr> <tr> <td style="vertical-align:bottom;padding-left:3.85pt">Adjustments to expected income tax benefit:</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;width:12%;text-align:right"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;width:2%;text-align:left"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;width:1%;text-align:left"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;width:12%;text-align:right"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:21.85pt;background-color:#e6efff">Share-based compensation</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">849,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">1,253,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:21.85pt">Non-deductible expenses and other</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">4,000</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">8,000</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;padding-left:21.85pt;background-color:#e6efff">Change in benefit of tax assets not recognised</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:right;width:12%;background-color:#e6efff">2,967,000</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:right;width:12%;background-color:#e6efff">7,138,000</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;padding-left:3.85pt">Deferred income tax provision (recovery)</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:right;width:12%">-</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:right;width:12%">-</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:2%"> </td> </tr> </table> </div> </div> </div> </div> </div> -14414266 -31694048

-3820000

-8399000

849000 1253000

4000

8000

2967000 7138000

<div> <div> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2023</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">2022</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Recognised deferred tax assets and liabilities</td> <td style="vertical-align:bottom;background-color:#e6efff"> </td> <td style="vertical-align:bottom;background-color:#e6efff"> </td> <td style="vertical-align:bottom;background-color:#e6efff"> </td> <td style="vertical-align:bottom;background-color:#e6efff"> </td> <td style="vertical-align:bottom;background-color:#e6efff"> </td> <td style="vertical-align:bottom;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:15pt">Non-capital losses carry-forwards</td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">12,000</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">78,000</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff;padding-left:15pt">Property and equipment</td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">151,000</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:15pt">Right-of-use assets</td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">(163,000</td> <td style="vertical-align:bottom;width:2%;text-align:left">)</td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">(78,000</td> <td style="vertical-align:bottom;width:2%;text-align:left">)</td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;background-color:#e6efff">Net deferred tax assets</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:1%;text-align:left;background-color:#e6efff"> </td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:12%;text-align:right;background-color:#e6efff">-</td> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom;width:2%;text-align:left;background-color:#e6efff"> </td> </tr> </table> </div> </div> </div>

12000 78000 151000 0 -163000 -78000

<div> <div> <div> <div> <div> <div> <div> <div style="margin-left:21.6pt"> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-size:10pt;width:100%;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap">2023</td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap">2022</td> <td style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="vertical-align:bottom;border-bottom:0.75pt solid #000000"> </td> <td style="vertical-align:bottom;text-align:center;border-bottom:0.75pt solid #000000"> </td> <td style="vertical-align:bottom;text-align:center;border-bottom:0.75pt solid #000000;white-space:nowrap">$</td> <td style="vertical-align:bottom;text-align:center;border-bottom:0.75pt solid #000000;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;border-bottom:0.75pt solid #000000;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;border-bottom:0.75pt solid #000000;white-space:nowrap">$</td> <td style="vertical-align:bottom;text-align:center;border-bottom:0.75pt solid #000000"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center">(Restated) </td> <td style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center">(Note 23)</td> <td style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:4.05pt;background-color:#e6efff">Non-capital loss carry-forwards</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">19,444,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">7,998,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:4.05pt">Equipment</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">569,000</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">428,000</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:4.05pt;background-color:#e6efff">Interest in exploration and evaluation property</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">28,256,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">28,560,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:4.05pt">Scientific research and development</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">580,000</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;width:1%;text-align:left"> </td> <td style="vertical-align:bottom;width:12%;text-align:right">-</td> <td style="vertical-align:bottom;width:2%;text-align:left"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:4.05pt;background-color:#e6efff">Share issue costs</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">1,033,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">1,433,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;padding-left:4.05pt">Lease liability</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:right;width:12%">614,000</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:right;width:12%">282,000</td> <td style="vertical-align:bottom;border-bottom:1.12pt solid #000000;text-align:left;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;padding-left:4.05pt;background-color:#e6efff">Deductible temporary differences</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:right;width:12%;background-color:#e6efff">50,496,000</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:right;width:12%;background-color:#e6efff">38,701,000</td> <td style="vertical-align:bottom;border-top:1.12pt solid #000000;border-bottom:1.88pt solid #000000;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> </table> </div> </div> </div> </div> </div> </div> </div> </div>

19444000

7998000

569000

428000

28256000

28560000

580000

1033000

1433000

614000

282000

50496000

38701000

20051000

35250000 35500000

<div> <div> <div> <div> <div> <div> <div> 16. FINANCIAL INSTRUMENTS AND RELATED RISKS The Company's operations include the acquisition and commercialization of intellectual property in Canada and foreign jurisdictions. The Company examines the various financial risks to which it is exposed and assesses the impact and likelihood of occurrence. These risks may include credit risk, liquidity risk, currency risk, interest rate risk and other risks. Where material, these risks are reviewed and monitored by the Board of Directors. The Company's counterparty credit risk increased from the prior year as a result of the trade receivables and loan receivable in existence at year end. a) Credit Risk Counterparty credit risk is the risk that the financial benefits of contracts with a specific counterparty will be lost if a counterparty defaults on its obligations under the contract. This includes any cash amounts owed to the Company by those counterparties, less any amounts owed to the counterparty by the Company where a legal right of set-off exists and also includes the fair values of contracts with individual counterparties which are recorded in the consolidated financial statements. i) Accounts receivable, other receivables and loan receivable As the Company has commenced production and sales, it is exposed to credit risk with respect to its accounts receivable. The Company also issued a loan receivable during the prior year further increasing its exposure to credit risk. The Company manages its credit risk by reviewing and assessing credit exposure prior to facilities being committed to customers. Overall the Company's credit risk has not changed from the prior period. The Company's accounts and other receivables and loan receivable total $3,552,649 (2022: $3,606,164), representing the maximum exposure to credit risk from those financial assets. The loan receivable is secured by mortgages against properties held by the borrower which lowers the maximum exposure to credit risk. ii) Cash and Cash Equivalents In order to manage credit and liquidity risk, the Company's cash is held through a large Canadian Financial Institution and the Company invests only in highly rated investment grade instruments that are cashable or have maturities of three months or less. b) Liquidity Risk Liquidity risk is the risk that the Company will not be able to meet its financial obligations as they fall due. The Company manages liquidity risk through the management of its capital structure. Accounts payable and accrued liabilities are due within the current operating period. The following are the undiscounted amounts and contractual maturities of the Company's long-term debt and anticipated timing of settlements of its other financial liabilities as at March 31, 2023 and 2022: </div> </div> <div> <div> <div> <div> <div style="margin-left:21.6pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="border-bottom:0.75pt solid #000000;border-top:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">Balance, as at March 31, 2023</td> <td style="border-bottom:0.75pt solid #000000;border-top:0.75pt solid #000000;text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="border-bottom:0.75pt solid #000000;border-top:0.75pt solid #000000;text-align:center;vertical-align:bottom;white-space:nowrap">< 1 year</td> <td style="border-bottom:0.75pt solid #000000;border-top:0.75pt solid #000000;text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="border-bottom:0.75pt solid #000000;border-top:0.75pt solid #000000;text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="border-bottom:0.75pt solid #000000;border-top:0.75pt solid #000000;text-align:center;vertical-align:bottom;white-space:nowrap">1-2 years</td> <td style="border-bottom:0.75pt solid #000000;border-top:0.75pt solid #000000;text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="border-bottom:0.75pt solid #000000;border-top:0.75pt solid #000000;text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="border-bottom:0.75pt solid #000000;border-top:0.75pt solid #000000;text-align:center;vertical-align:bottom;white-space:nowrap">> 2 years</td> <td style="border-bottom:0.75pt solid #000000;border-top:0.75pt solid #000000;text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom">$</td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom">$</td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom">$</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Accounts payable and accrued liabilities</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">1,292,474</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Lease liability</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">129,264</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">151,129</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">333,727</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Long-term debt</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">998,080</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:right;vertical-align:bottom;width:12%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:right;vertical-align:bottom;width:12%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:right;vertical-align:bottom;width:12%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">Balance, as at March 31, 2022</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%;white-space:nowrap"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;white-space:nowrap;text-align:center">< 1 year</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;white-space:nowrap;text-align:center"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;white-space:nowrap;text-align:center"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;white-space:nowrap;text-align:center">1-2 years</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;white-space:nowrap;text-align:center"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;white-space:nowrap;text-align:center"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;white-space:nowrap;text-align:center">> 2 years</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%"> $ </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%"> $ </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%"> $ </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Accounts payable and accrued liabilities</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">1,204,587</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Lease liability</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">149,317</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">132,555</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Long-term debt</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">950,930</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">998,070</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:right;vertical-align:bottom;width:12%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:right;vertical-align:bottom;width:12%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:right;vertical-align:bottom;width:12%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> </tr> </table> </div> </div> </div> </div> </div> </div> </div> <div> <div> <div></div> <div> <div> c) Interest Rate Risk Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. The risk that the Company will realise a significant loss as a result of a decline in the fair market value of investments or items held within cash and cash equivalents is limited given that the majority have a relatively short maturity. The Company manages its interest rate risk with investments by investing the majority of funds in short-term investments and therefore is not exposed to significant fluctuations in interest rates. The Company believes that its interest rate risk is minimal. d) Currency Risk The Company is exposed to the financial risk related to the fluctuation of foreign exchange rates. The functional and reporting currency of the Company is the Canadian dollar. The Company is involved with a number of foreign vendors in the United States of America. Changes in the currency exchange rates between the Canadian dollar relative to the U.S. dollar could have an effect on the Company's results of operations, financial position or cash flows. As a result, the Company is exposed to currency risk on these transactions. A 1% strengthening of the US dollar would affect net loss by approximately $28,000. The Company has not hedged its exposure to currency fluctuations as the exposure has been deemed to be minimal. e) Fair Value of Financial Instruments IFRS 7 establishes a fair value hierarchy that prioritizes the input to valuation techniques used to measure fair value as follows: Level 1 - quoted prices (unadjusted) in active markets for identical assets or liabilities; Level 2 - inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly (i.e., as prices) or indirectly (i.e., derived from prices); and Level 3 - inputs for the asset or liability that are not based on observable market data (unobservable inputs). As at March 31, 2023, the Company does not have any financial instruments recorded at fair value and that require classification within the fair value hierarchy. The fair values of all of the Company's financial instruments approximate their carrying values. f) Sensitivity Analysis Based on management's knowledge and experience in the financial markets, the Company believes the following movements are "reasonably possible" over a twelve month period: Temporary investments are invested in guaranteed investment certificates. Sensitivity to a plus or minus 1% change in rates, based on the current balance of temporary investments, would affect the net loss by approximately plus or minus $102,000 during a twelve-month period. </div> </div> </div> </div> </div> </div> </div>

3552649 3606164

<div> <div> <div> <div> <div style="margin-left:21.6pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="border-bottom:0.75pt solid #000000;border-top:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">Balance, as at March 31, 2023</td> <td style="border-bottom:0.75pt solid #000000;border-top:0.75pt solid #000000;text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="border-bottom:0.75pt solid #000000;border-top:0.75pt solid #000000;text-align:center;vertical-align:bottom;white-space:nowrap">< 1 year</td> <td style="border-bottom:0.75pt solid #000000;border-top:0.75pt solid #000000;text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="border-bottom:0.75pt solid #000000;border-top:0.75pt solid #000000;text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="border-bottom:0.75pt solid #000000;border-top:0.75pt solid #000000;text-align:center;vertical-align:bottom;white-space:nowrap">1-2 years</td> <td style="border-bottom:0.75pt solid #000000;border-top:0.75pt solid #000000;text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="border-bottom:0.75pt solid #000000;border-top:0.75pt solid #000000;text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="border-bottom:0.75pt solid #000000;border-top:0.75pt solid #000000;text-align:center;vertical-align:bottom;white-space:nowrap">> 2 years</td> <td style="border-bottom:0.75pt solid #000000;border-top:0.75pt solid #000000;text-align:center;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom">$</td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom">$</td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom">$</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Accounts payable and accrued liabilities</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">1,292,474</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Lease liability</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">129,264</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">151,129</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">333,727</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Long-term debt</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">998,080</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:right;vertical-align:bottom;width:12%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:right;vertical-align:bottom;width:12%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:right;vertical-align:bottom;width:12%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;white-space:nowrap">Balance, as at March 31, 2022</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:1%;white-space:nowrap"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;white-space:nowrap;text-align:center">< 1 year</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;white-space:nowrap;text-align:center"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;white-space:nowrap;text-align:center"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;white-space:nowrap;text-align:center">1-2 years</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;white-space:nowrap;text-align:center"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;white-space:nowrap;text-align:center"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;white-space:nowrap;text-align:center">> 2 years</td> <td style="border-bottom:0.75pt solid #000000;text-align:left;vertical-align:bottom;width:2%;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%"> $ </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%"> $ </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%"> $ </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Accounts payable and accrued liabilities</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">1,204,587</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Lease liability</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">149,317</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">132,555</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Long-term debt</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">950,930</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">998,070</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:1.5pt solid #000000;vertical-align:bottom"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:right;vertical-align:bottom;width:12%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:right;vertical-align:bottom;width:12%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:right;vertical-align:bottom;width:12%"> </td> <td style="border-bottom:1.5pt solid #000000;text-align:left;vertical-align:bottom;width:2%"> </td> </tr> </table> </div> </div> </div> </div> </div>

1292474

129264

151129

333727

998080

1204587

149317

132555

950930

998070

0.01

28000

0.01 102000

<div> 17. MANAGEMENT OF CAPITAL <div> <div> The Company's objective when managing capital is to safeguard the entity's ability to continue as a going concern. In the management of capital, the Company monitors its adjusted capital which comprises all components of shareholders' equity. The Company's capital management objectives, policies and processes have remained unchanged during the years ended March 31, 2023 and 2022. The Company sets the amount of capital in proportion to risk. The Company manages the capital structure and makes adjustments to it in the light of changes in economic conditions and the risk characteristics of the underlying assets. In order to maintain or adjust the capital structure, the Company may issue common shares through private placements. </div> </div> </div>

99436264

92091983

For the years ended March 31, 2023 and March 31, 2022, all stock options and warrants were excluded from the diluted per share amounts as their effect is anti-dilutive in loss periods.

<div> 20. GOVERNMENT GRANTS The Company has entered into agreements with various government agencies under which the Company is entitled to receive assistance and cost recoveries for specific research and development activities. During the year, the Company was successful in securing funding with the National Research Council for the Industrial Research Assistance Program for an HVAC project which included funding to offset both labour and third-party testing costs. At year end, a receivable of $151,440 was recorded which was received subsequent to year end. </div>

151440

<div> <div> 21. OTHER EXPENSES <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-size:10pt;width:100%;border-color:#000000"> <tr> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap">Year Ended March 31, 2023 $</td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap">Year Ended March 31, 2022 $</td> <td style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt;border-top:0.75pt solid black"> </td> <td style="vertical-align:bottom;text-align:right;border-top:0.75pt solid black"> </td> <td style="vertical-align:bottom;text-align:right;border-top:0.75pt solid black"> </td> <td style="vertical-align:bottom;text-align:right;border-top:0.75pt solid black"> </td> <td style="vertical-align:bottom;text-align:right;border-top:0.75pt solid black"> </td> <td style="vertical-align:bottom;text-align:right;border-top:0.75pt solid black"> </td> <td style="vertical-align:bottom;text-align:right;border-top:0.75pt solid black"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt;background-color:#e6efff">Automotive</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">30,339</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">42,904</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt">Bank fees</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">4,833</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">3,359</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt;background-color:#e6efff">Dues and subscriptions</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">55,799</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">45,286</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt">Freight and delivery</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">60,446</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">5,757</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt;background-color:#e6efff">Meals and entertainment</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">60,863</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">61,815</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt">Other expenses</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">41,096</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">40,294</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt;background-color:#e6efff">Property taxes</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">31,666</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">2,387</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt">Repairs and maintenance</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">76,529</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">31,539</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt;background-color:#e6efff">Telephone</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">19,679</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">6,909</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;border-bottom:0.75pt solid black;padding-left:20.35pt">Utilities</td> <td style="vertical-align:bottom;border-bottom:0.75pt solid black;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;border-bottom:0.75pt solid black;text-align:right;width:12%">35,039</td> <td style="vertical-align:bottom;border-bottom:0.75pt solid black;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;border-bottom:0.75pt solid black;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;border-bottom:0.75pt solid black;text-align:right;width:12%">5,025</td> <td style="vertical-align:bottom;border-bottom:0.75pt solid black;text-align:left;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt;background-color:rgb(230, 239, 255);border-bottom:1.5pt solid black">Total other expenses</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255);border-bottom:1.5pt solid black"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255);border-bottom:1.5pt solid black">416,289</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255);border-bottom:1.5pt solid black"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255);border-bottom:1.5pt solid black"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255);border-bottom:1.5pt solid black">245,275</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255);border-bottom:1.5pt solid black"> </td> </tr> </table> </div> </div>

<table cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-size:10pt;width:100%;border-color:#000000"> <tr> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap">Year Ended March 31, 2023 $</td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap">Year Ended March 31, 2022 $</td> <td style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt;border-top:0.75pt solid black"> </td> <td style="vertical-align:bottom;text-align:right;border-top:0.75pt solid black"> </td> <td style="vertical-align:bottom;text-align:right;border-top:0.75pt solid black"> </td> <td style="vertical-align:bottom;text-align:right;border-top:0.75pt solid black"> </td> <td style="vertical-align:bottom;text-align:right;border-top:0.75pt solid black"> </td> <td style="vertical-align:bottom;text-align:right;border-top:0.75pt solid black"> </td> <td style="vertical-align:bottom;text-align:right;border-top:0.75pt solid black"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt;background-color:#e6efff">Automotive</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">30,339</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">42,904</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt">Bank fees</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">4,833</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">3,359</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt;background-color:#e6efff">Dues and subscriptions</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">55,799</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">45,286</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt">Freight and delivery</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">60,446</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">5,757</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt;background-color:#e6efff">Meals and entertainment</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">60,863</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">61,815</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt">Other expenses</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">41,096</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">40,294</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt;background-color:#e6efff">Property taxes</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">31,666</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">2,387</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt">Repairs and maintenance</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">76,529</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">31,539</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt;background-color:#e6efff">Telephone</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">19,679</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:#e6efff">6,909</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom;border-bottom:0.75pt solid black;padding-left:20.35pt">Utilities</td> <td style="vertical-align:bottom;border-bottom:0.75pt solid black;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;border-bottom:0.75pt solid black;text-align:right;width:12%">35,039</td> <td style="vertical-align:bottom;border-bottom:0.75pt solid black;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;border-bottom:0.75pt solid black;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;border-bottom:0.75pt solid black;text-align:right;width:12%">5,025</td> <td style="vertical-align:bottom;border-bottom:0.75pt solid black;text-align:left;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:20.35pt;background-color:rgb(230, 239, 255);border-bottom:1.5pt solid black">Total other expenses</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255);border-bottom:1.5pt solid black"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255);border-bottom:1.5pt solid black">416,289</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255);border-bottom:1.5pt solid black"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255);border-bottom:1.5pt solid black"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255);border-bottom:1.5pt solid black">245,275</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255);border-bottom:1.5pt solid black"> </td> </tr> </table> 30339 42904

4833

3359

55799 45286

60446

5757

60863 61815

41096

40294

31666

2387

76529 31539

19679

6909

35039

5025

416289

245275

<div> 22. SUBSEQUENT EVENTS On April 13, 2023, a total of 50,000 stock options were exercised at $1.76 per option resulting in proceeds of $88,000 to the Company. On April 14, 2023, 600,000 stock options were issued to a number of directors, officers and employees of the Company. The stock options have an exercise price of $2.12 per common share. The options granted to the employees expire on April 14, 2026 and have a vesting period as follows: 1/3 at April 14, 2023; 1/3 at April 14, 2024; 1/3 at April 14, 2025. The options granted to the directors and officers expire on April 14, 2028 and have a vesting period as follow: 1/3 at April 14, 2023; 1/3 at October 14, 2023; 1/3 at April 14, 2024. On May 24, 2023, the Company announced that it will conduct a normal course issuer bid (the "Bid") for up to 4,979,349 common shares of the Company over a period of one year (the "Bid Period"). The Bid Period will commence on June 1, 2023, and will continue until the earlier of May 31, 2024, or the date by which the Company has acquired the maximum number of common shares which may be purchased under the Bid. On June 1, 2023, 250,000 stock options were issued to a director of the Company. The stock options have an exercise price of $2.24 per common share. The options granted to the director expire on June 1, 2028 and have a vesting period as follow: 1/3 at June 1, 2023; 1/3 at December 1, 2023; 1/3 at June 1, 2024. </div>

50000

1.76

88000

600000

2.12

April 14, 2026

1/3 at April 14, 2023; 1/3 at April 14, 2024; 1/3 at April 14, 2025

April 14, 2028

1/3 at April 14, 2023; 1/3 at October 14, 2023; 1/3 at April 14, 2024

4979349 over a period of one year

250000

2.24

June 1, 2028

1/3 at June 1, 2023; 1/3 at December 1, 2023; 1/3 at June 1, 2024

<div> 23. RESTATEMENT During the preparation of the fiscal 2023 consolidated financial statements, while reviewing the accounting for and the valuation of the Albany Project (“the Property”) (Note 8), management determined that the impairment charge recorded as at September 30, 2021 was overstated. Additionally, management determined that the impairment and the results of operations and cash flows related to the Property did not qualify to be presented as discontinued operations under IFRS 5 since the Property was not abandoned. Consequently, the Company has restated the comparative consolidated financial statements to account for the impairment of and activities related to the Property. The restatement had no impact on the opening statement of financial position as at April 1, 2021. The impacts of the restatement on the consolidated statement of financial position as at March 31, 2022 and the consolidated statement of loss and comprehensive loss, changes in shareholders’ equity and cash flows for the year ended March 31, 2022 are as follows: <div style="margin-left:21.6pt"> <table cellpadding="0" cellspacing="0" style="width:100%"> <tr> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:center"> </td> <td colspan="7" style="vertical-align:bottom;text-align:center;white-space:nowrap">Consolidated Statement of Financial Position as at March 31, 2022 </td> <td colspan="1" style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;width:55%"> </td> <td style="vertical-align:bottom;text-align:center;width:1%"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;width:12%">As previously reported $</td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;width:2%"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;width:1%"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;width:12%">Adjustments $</td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;width:2%"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;width:1%"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;width:12%">As restated $</td> <td style="vertical-align:bottom;text-align:center;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;border-top:0.75pt solid black;padding-left:7.3pt;background-color:rgb(230, 239, 255);width:55%">Exploration and evaluation assets</td> <td style="vertical-align:bottom;border-top:0.75pt solid black;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;border-top:0.75pt solid black;text-align:right;background-color:rgb(230, 239, 255);width:12%">-</td> <td style="vertical-align:bottom;border-top:0.75pt solid black;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> <td style="vertical-align:bottom;border-top:0.75pt solid black;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;border-top:0.75pt solid black;text-align:right;background-color:rgb(230, 239, 255);width:12%">7,000,000</td> <td style="vertical-align:bottom;border-top:0.75pt solid black;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> <td style="vertical-align:bottom;border-top:0.75pt solid black;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;border-top:0.75pt solid black;text-align:right;background-color:rgb(230, 239, 255);width:12%">7,000,000</td> <td style="vertical-align:bottom;border-top:0.75pt solid black;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:7.3pt;width:55%">Total non-current assets</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">6,025,421</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">7,000,000</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">13,025,421</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:7.3pt;background-color:rgb(230, 239, 255);width:55%">Total assets</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;text-align:right;background-color:rgb(230, 239, 255);width:12%">37,984,520</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;text-align:right;background-color:rgb(230, 239, 255);width:12%">7,000,000</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;text-align:right;background-color:rgb(230, 239, 255);width:12%">44,984,520</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:7.3pt;width:55%">Deficit</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">(59,179,246</td> <td style="vertical-align:bottom;text-align:left;width:2%">)</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">7,000,000</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">(52,179,246</td> <td style="vertical-align:bottom;text-align:left;width:2%">)</td> </tr> <tr> <td style="vertical-align:bottom;padding-left:7.3pt;background-color:rgb(230, 239, 255);width:55%">Total shareholders' equity</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;text-align:right;background-color:rgb(230, 239, 255);width:12%">34,549,061</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;text-align:right;background-color:rgb(230, 239, 255);width:12%">7,000,000</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;text-align:right;background-color:rgb(230, 239, 255);width:12%">41,549,061</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:7.3pt;width:55%">Total shareholders' equity and liabilities</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">37,984,520</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">7,000,000</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">44,984,520</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> </tr> </table> </div> <div style="margin-left:21.6pt;margin-bottom:15pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:100%"> <tr> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td colspan="7" style="vertical-align:bottom;text-align:center;white-space:nowrap"> Consolidated Statement of Loss and Comprehensive Loss for the year ended March 31, 2022 </td> <td style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="margin-top:0pt;margin-bottom:0pt;text-align:center;vertical-align:bottom;border-bottom:0.75pt solid black;width:55%"> </td> <td style="vertical-align:bottom;text-align:center;border-bottom:0.75pt solid black;width:1%"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black;width:12%">As previously reported $</td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black;width:2%"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black;width:1%"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black;width:12%">Adjustments $</td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black;width:2%"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black;width:1%"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black;width:12%">As restated $</td> <td style="vertical-align:bottom;text-align:center;border-bottom:0.75pt solid black;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:7.3pt;width:55%"> </td> <td style="vertical-align:bottom;text-align:right;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%"> </td> <td style="vertical-align:bottom;text-align:right;width:2%"> </td> <td style="vertical-align:bottom;text-align:right;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%"> </td> <td style="vertical-align:bottom;text-align:right;width:2%"> </td> <td style="vertical-align:bottom;text-align:right;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%"> </td> <td style="vertical-align:bottom;text-align:right;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:7.3pt;background-color:rgb(230, 239, 255);width:55%">Impairment of exploration and evaluation assets</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;text-align:right;background-color:rgb(230, 239, 255);width:12%">-</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;text-align:right;background-color:rgb(230, 239, 255);width:12%">19,671,935</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;text-align:right;background-color:rgb(230, 239, 255);width:12%">19,671,935</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;padding-left:7.3pt;width:55%;background-color:rgb(255, 255, 255)">Total other items</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(255, 255, 255)">540,552</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(255, 255, 255)"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(255, 255, 255)">(19,671,935</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(255, 255, 255)">)</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(255, 255, 255)">(19,131,383</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(255, 255, 255)">)</td> </tr> <tr style="background-color:rgb(230, 239, 255)"> <td style="vertical-align:bottom;padding-left:7.3pt;width:55%;background-color:rgb(230, 239, 255)">Loss from discontinued operations</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255)">26,671,935</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255)"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255)">(26,671,935</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255)">)</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255)">-</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255)"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;padding-left:7.3pt;width:55%;background-color:rgb(255, 255, 255)">Net and comprehensive loss for the year</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(255, 255, 255)">(38,694,048</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(255, 255, 255)">)</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(255, 255, 255)">7,000,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(255, 255, 255)"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(255, 255, 255)">(31,694,048</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(255, 255, 255)">)</td> </tr> <tr style="background-color:rgb(230, 239, 255)"> <td style="vertical-align:bottom;padding-left:7.3pt;width:55%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255)"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;padding-left:7.3pt;width:55%;background-color:rgb(255, 255, 255)">Basic diluted net loss per share</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;width:12%;background-color:rgb(255, 255, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:2%;background-color:rgb(255, 255, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;width:12%;background-color:rgb(255, 255, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:2%;background-color:rgb(255, 255, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;width:12%;background-color:rgb(255, 255, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:2%;background-color:rgb(255, 255, 255)"> </td> </tr> <tr style="background-color:rgb(230, 239, 255)"> <td style="vertical-align:bottom;padding-left:25.3pt;width:55%;background-color:rgb(230, 239, 255)">Continuing operations</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255)">(0.13</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255)">)</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255)">(0.21</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255)">)</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255)">(0.34</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255)">)</td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;padding-left:25.3pt;border-bottom:0.75pt solid black;width:55%;background-color:rgb(255, 255, 255)">Discontinued operations</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;border-bottom:0.75pt solid black;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;border-bottom:0.75pt solid black;width:12%;background-color:rgb(255, 255, 255)">(0.29</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;border-bottom:0.75pt solid black;width:2%;background-color:rgb(255, 255, 255)">)</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;border-bottom:0.75pt solid black;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;border-bottom:0.75pt solid black;width:12%;background-color:rgb(255, 255, 255)">0.29</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;border-bottom:0.75pt solid black;width:2%;background-color:rgb(255, 255, 255)"> </td> <td style="vertical-align:bottom;text-align:left;border-bottom:0.75pt solid black;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="vertical-align:bottom;text-align:right;border-bottom:0.75pt solid black;width:12%;background-color:rgb(255, 255, 255)">-</td> <td style="vertical-align:bottom;text-align:left;border-bottom:0.75pt solid black;width:2%;background-color:rgb(255, 255, 255)"> </td> </tr> <tr style="background-color:rgb(230, 239, 255)"> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;border-bottom:1.5pt solid black;width:55%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;border-bottom:1.5pt solid black;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;border-bottom:1.5pt solid black;width:12%;background-color:rgb(230, 239, 255)">(0.42</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;border-bottom:1.5pt solid black;width:2%;background-color:rgb(230, 239, 255)">)</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;border-bottom:1.5pt solid black;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;border-bottom:1.5pt solid black;width:12%;background-color:rgb(230, 239, 255)">0.08</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;border-bottom:1.5pt solid black;width:2%;background-color:rgb(230, 239, 255)"> </td> <td style="vertical-align:bottom;text-align:left;border-bottom:1.5pt solid black;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="vertical-align:bottom;text-align:right;border-bottom:1.5pt solid black;width:12%;background-color:rgb(230, 239, 255)">(0.34</td> <td style="vertical-align:bottom;text-align:left;border-bottom:1.5pt solid black;width:2%;background-color:rgb(230, 239, 255)">)</td> </tr> </table> </div> <div></div> <div style="margin-left:21.6pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom"> </td> <td colspan="1" style="text-align:center;vertical-align:bottom"> </td> <td colspan="7" style="text-align:center;vertical-align:bottom;white-space:nowrap">Consolidated Statement of Changes in Equity as at March 31, 2022 </td> <td colspan="1" style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">As previously</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">reported</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">Adjustments</td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;vertical-align:bottom;white-space:nowrap">As restated</td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid black;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid black;vertical-align:bottom"> </td> <td style="text-align:center;border-bottom:0.75pt solid black;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:0.75pt solid black;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid black;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid black;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:0.75pt solid black;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid black;vertical-align:bottom;white-space:nowrap"> </td> <td style="text-align:center;border-bottom:0.75pt solid black;vertical-align:bottom;white-space:nowrap">$</td> <td style="text-align:center;border-bottom:0.75pt solid black;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> <td style="text-align:center;vertical-align:bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Deficit</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">(59,179,246</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">7,000,000</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">(52,179,246</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> </tr> <tr> <td style="vertical-align:bottom">Total equity</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">34,549,061</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">7,000,000</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">41,549,061</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> </table> </div> <div style="margin-left:21.6pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom;width:0px"> </td> <td colspan="1" style="text-align:left;vertical-align:bottom;width:1%"> </td> <td colspan="7" style="text-align:right;vertical-align:bottom;width:12%"> </td> <td colspan="1" style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td colspan="1" style="text-align:left;vertical-align:bottom;width:1%"> </td> <td colspan="7" style="vertical-align:bottom;width:12%;text-align:center">Consolidated Statement of Cash Flows for the year ended March 31, 2022 </td> <td colspan="1" style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="vertical-align:bottom;width:12%;text-align:center">As previously</td> <td style="vertical-align:bottom;width:2%;text-align:center"> </td> <td style="vertical-align:bottom;width:1%;text-align:center"> </td> <td style="vertical-align:bottom;width:12%;text-align:center"> </td> <td style="vertical-align:bottom;width:2%;text-align:center"> </td> <td style="vertical-align:bottom;width:1%;text-align:center"> </td> <td style="vertical-align:bottom;width:12%;text-align:center"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:center">reported $</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:center"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:center"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:center">Adjustments $</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:center"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:center"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:center">As restated $</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">OPERATING ACTIVITIES</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom"> Loss for the year</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">(38,694,048</td> <td style="text-align:left;vertical-align:bottom;width:2%">)</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">7,000,000</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">(31,694,048</td> <td style="text-align:left;vertical-align:bottom;width:2%">)</td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff"> Loss from discontinued operations</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">26,671,935</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">(26,671,935</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom"> Impairment of exploration and evaluation assets</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">19,671,935</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">19,671,935</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Cash flows used in operating activities</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">(7,988,872</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">(7,988,872</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">INVESTING ACTIVITIES</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Cash flows used in continuing investing activities</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">(6,935,910</td> <td style="text-align:left;vertical-align:bottom;width:2%">)</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">(316,698</td> <td style="text-align:left;vertical-align:bottom;width:2%">)</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">(7,252,608</td> <td style="text-align:left;vertical-align:bottom;width:2%">)</td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Cash flows used in discontinued investing activities</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">(316,698</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">316,698</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> </table> </div> </div> <table cellpadding="0" cellspacing="0" style="width:100%"> <tr> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:center"> </td> <td colspan="7" style="vertical-align:bottom;text-align:center;white-space:nowrap">Consolidated Statement of Financial Position as at March 31, 2022 </td> <td colspan="1" style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;width:55%"> </td> <td style="vertical-align:bottom;text-align:center;width:1%"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;width:12%">As previously reported $</td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;width:2%"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;width:1%"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;width:12%">Adjustments $</td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;width:2%"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;width:1%"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;width:12%">As restated $</td> <td style="vertical-align:bottom;text-align:center;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;border-top:0.75pt solid black;padding-left:7.3pt;background-color:rgb(230, 239, 255);width:55%">Exploration and evaluation assets</td> <td style="vertical-align:bottom;border-top:0.75pt solid black;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;border-top:0.75pt solid black;text-align:right;background-color:rgb(230, 239, 255);width:12%">-</td> <td style="vertical-align:bottom;border-top:0.75pt solid black;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> <td style="vertical-align:bottom;border-top:0.75pt solid black;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;border-top:0.75pt solid black;text-align:right;background-color:rgb(230, 239, 255);width:12%">7,000,000</td> <td style="vertical-align:bottom;border-top:0.75pt solid black;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> <td style="vertical-align:bottom;border-top:0.75pt solid black;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;border-top:0.75pt solid black;text-align:right;background-color:rgb(230, 239, 255);width:12%">7,000,000</td> <td style="vertical-align:bottom;border-top:0.75pt solid black;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:7.3pt;width:55%">Total non-current assets</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">6,025,421</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">7,000,000</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">13,025,421</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:7.3pt;background-color:rgb(230, 239, 255);width:55%">Total assets</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;text-align:right;background-color:rgb(230, 239, 255);width:12%">37,984,520</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;text-align:right;background-color:rgb(230, 239, 255);width:12%">7,000,000</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;text-align:right;background-color:rgb(230, 239, 255);width:12%">44,984,520</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:7.3pt;width:55%">Deficit</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">(59,179,246</td> <td style="vertical-align:bottom;text-align:left;width:2%">)</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">7,000,000</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">(52,179,246</td> <td style="vertical-align:bottom;text-align:left;width:2%">)</td> </tr> <tr> <td style="vertical-align:bottom;padding-left:7.3pt;background-color:rgb(230, 239, 255);width:55%">Total shareholders' equity</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;text-align:right;background-color:rgb(230, 239, 255);width:12%">34,549,061</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;text-align:right;background-color:rgb(230, 239, 255);width:12%">7,000,000</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;text-align:right;background-color:rgb(230, 239, 255);width:12%">41,549,061</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:7.3pt;width:55%">Total shareholders' equity and liabilities</td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">37,984,520</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">7,000,000</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> <td style="vertical-align:bottom;text-align:left;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%">44,984,520</td> <td style="vertical-align:bottom;text-align:left;width:2%"> </td> </tr> </table>

7000000

6025421

7000000

13025421

37984520

7000000

44984520

-59179246

7000000

-52179246

34549061

7000000

41549061

37984520

7000000

44984520

<table border="0" cellpadding="0" cellspacing="0" style="width:100%"> <tr> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td colspan="7" style="vertical-align:bottom;text-align:center;white-space:nowrap"> Consolidated Statement of Loss and Comprehensive Loss for the year ended March 31, 2022 </td> <td style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="margin-top:0pt;margin-bottom:0pt;text-align:center;vertical-align:bottom;border-bottom:0.75pt solid black;width:55%"> </td> <td style="vertical-align:bottom;text-align:center;border-bottom:0.75pt solid black;width:1%"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black;width:12%">As previously reported $</td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black;width:2%"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black;width:1%"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black;width:12%">Adjustments $</td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black;width:2%"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black;width:1%"> </td> <td style="vertical-align:bottom;text-align:center;white-space:nowrap;border-bottom:0.75pt solid black;width:12%">As restated $</td> <td style="vertical-align:bottom;text-align:center;border-bottom:0.75pt solid black;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:7.3pt;width:55%"> </td> <td style="vertical-align:bottom;text-align:right;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%"> </td> <td style="vertical-align:bottom;text-align:right;width:2%"> </td> <td style="vertical-align:bottom;text-align:right;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%"> </td> <td style="vertical-align:bottom;text-align:right;width:2%"> </td> <td style="vertical-align:bottom;text-align:right;width:1%"> </td> <td style="vertical-align:bottom;text-align:right;width:12%"> </td> <td style="vertical-align:bottom;text-align:right;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-left:7.3pt;background-color:rgb(230, 239, 255);width:55%">Impairment of exploration and evaluation assets</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;text-align:right;background-color:rgb(230, 239, 255);width:12%">-</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;text-align:right;background-color:rgb(230, 239, 255);width:12%">19,671,935</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:1%"> </td> <td style="vertical-align:bottom;text-align:right;background-color:rgb(230, 239, 255);width:12%">19,671,935</td> <td style="vertical-align:bottom;text-align:left;background-color:rgb(230, 239, 255);width:2%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;padding-left:7.3pt;width:55%;background-color:rgb(255, 255, 255)">Total other items</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(255, 255, 255)">540,552</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(255, 255, 255)"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(255, 255, 255)">(19,671,935</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(255, 255, 255)">)</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(255, 255, 255)">(19,131,383</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(255, 255, 255)">)</td> </tr> <tr style="background-color:rgb(230, 239, 255)"> <td style="vertical-align:bottom;padding-left:7.3pt;width:55%;background-color:rgb(230, 239, 255)">Loss from discontinued operations</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255)">26,671,935</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255)"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255)">(26,671,935</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255)">)</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255)">-</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255)"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;padding-left:7.3pt;width:55%;background-color:rgb(255, 255, 255)">Net and comprehensive loss for the year</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(255, 255, 255)">(38,694,048</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(255, 255, 255)">)</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(255, 255, 255)">7,000,000</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(255, 255, 255)"> </td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(255, 255, 255)">(31,694,048</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(255, 255, 255)">)</td> </tr> <tr style="background-color:rgb(230, 239, 255)"> <td style="vertical-align:bottom;padding-left:7.3pt;width:55%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255)"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;padding-left:7.3pt;width:55%;background-color:rgb(255, 255, 255)">Basic diluted net loss per share</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;width:12%;background-color:rgb(255, 255, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:2%;background-color:rgb(255, 255, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;width:12%;background-color:rgb(255, 255, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:2%;background-color:rgb(255, 255, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;width:12%;background-color:rgb(255, 255, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:2%;background-color:rgb(255, 255, 255)"> </td> </tr> <tr style="background-color:rgb(230, 239, 255)"> <td style="vertical-align:bottom;padding-left:25.3pt;width:55%;background-color:rgb(230, 239, 255)">Continuing operations</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255)">(0.13</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255)">)</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255)">(0.21</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255)">)</td> <td style="vertical-align:bottom;text-align:left;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="vertical-align:bottom;text-align:right;width:12%;background-color:rgb(230, 239, 255)">(0.34</td> <td style="vertical-align:bottom;text-align:left;width:2%;background-color:rgb(230, 239, 255)">)</td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;padding-left:25.3pt;border-bottom:0.75pt solid black;width:55%;background-color:rgb(255, 255, 255)">Discontinued operations</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;border-bottom:0.75pt solid black;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;border-bottom:0.75pt solid black;width:12%;background-color:rgb(255, 255, 255)">(0.29</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;border-bottom:0.75pt solid black;width:2%;background-color:rgb(255, 255, 255)">)</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;border-bottom:0.75pt solid black;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;border-bottom:0.75pt solid black;width:12%;background-color:rgb(255, 255, 255)">0.29</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;border-bottom:0.75pt solid black;width:2%;background-color:rgb(255, 255, 255)"> </td> <td style="vertical-align:bottom;text-align:left;border-bottom:0.75pt solid black;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="vertical-align:bottom;text-align:right;border-bottom:0.75pt solid black;width:12%;background-color:rgb(255, 255, 255)">-</td> <td style="vertical-align:bottom;text-align:left;border-bottom:0.75pt solid black;width:2%;background-color:rgb(255, 255, 255)"> </td> </tr> <tr style="background-color:rgb(230, 239, 255)"> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;border-bottom:1.5pt solid black;width:55%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;border-bottom:1.5pt solid black;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;border-bottom:1.5pt solid black;width:12%;background-color:rgb(230, 239, 255)">(0.42</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;border-bottom:1.5pt solid black;width:2%;background-color:rgb(230, 239, 255)">)</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;border-bottom:1.5pt solid black;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:right;border-bottom:1.5pt solid black;width:12%;background-color:rgb(230, 239, 255)">0.08</td> <td style="margin-top:0pt;margin-bottom:0pt;vertical-align:bottom;text-align:left;border-bottom:1.5pt solid black;width:2%;background-color:rgb(230, 239, 255)"> </td> <td style="vertical-align:bottom;text-align:left;border-bottom:1.5pt solid black;width:1%;background-color:rgb(230, 239, 255)"> </td> <td style="vertical-align:bottom;text-align:right;border-bottom:1.5pt solid black;width:12%;background-color:rgb(230, 239, 255)">(0.34</td> <td style="vertical-align:bottom;text-align:left;border-bottom:1.5pt solid black;width:2%;background-color:rgb(230, 239, 255)">)</td> </tr> </table> 0 19671935 19671935 540552 -19671935 -19131383

26671935

-26671935

-38694048

7000000

-31694048

-0.13

-0.21

-0.34

-0.29

0.29

-0.42

0.08

-0.34

-59179246

7000000

-52179246

34549061

7000000

41549061

<div style="margin-left:21.6pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;border-collapse:collapse;font-size:10pt;border-color:#000000"> <tr> <td style="vertical-align:bottom;width:0px"> </td> <td colspan="1" style="text-align:left;vertical-align:bottom;width:1%"> </td> <td colspan="7" style="text-align:right;vertical-align:bottom;width:12%"> </td> <td colspan="1" style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td colspan="1" style="text-align:left;vertical-align:bottom;width:1%"> </td> <td colspan="7" style="vertical-align:bottom;width:12%;text-align:center">Consolidated Statement of Cash Flows for the year ended March 31, 2022 </td> <td colspan="1" style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="vertical-align:bottom;width:12%;text-align:center">As previously</td> <td style="vertical-align:bottom;width:2%;text-align:center"> </td> <td style="vertical-align:bottom;width:1%;text-align:center"> </td> <td style="vertical-align:bottom;width:12%;text-align:center"> </td> <td style="vertical-align:bottom;width:2%;text-align:center"> </td> <td style="vertical-align:bottom;width:1%;text-align:center"> </td> <td style="vertical-align:bottom;width:12%;text-align:center"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:center">reported $</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:center"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:center"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:center">Adjustments $</td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%;text-align:center"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:1%;text-align:center"> </td> <td style="border-bottom:0.75pt solid #000000;vertical-align:bottom;width:12%;text-align:center">As restated $</td> <td style="text-align:left;border-bottom:0.75pt solid #000000;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">OPERATING ACTIVITIES</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom"> Loss for the year</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">(38,694,048</td> <td style="text-align:left;vertical-align:bottom;width:2%">)</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">7,000,000</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">(31,694,048</td> <td style="text-align:left;vertical-align:bottom;width:2%">)</td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff"> Loss from discontinued operations</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">26,671,935</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">(26,671,935</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom"> Impairment of exploration and evaluation assets</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">-</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">19,671,935</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">19,671,935</td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Cash flows used in operating activities</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">(7,988,872</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">(7,988,872</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> </tr> <tr> <td style="vertical-align:bottom"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%"> </td> <td style="text-align:left;vertical-align:bottom;width:2%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">INVESTING ACTIVITIES</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> <tr> <td style="vertical-align:bottom">Cash flows used in continuing investing activities</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">(6,935,910</td> <td style="text-align:left;vertical-align:bottom;width:2%">)</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">(316,698</td> <td style="text-align:left;vertical-align:bottom;width:2%">)</td> <td style="text-align:left;vertical-align:bottom;width:1%"> </td> <td style="text-align:right;vertical-align:bottom;width:12%">(7,252,608</td> <td style="text-align:left;vertical-align:bottom;width:2%">)</td> </tr> <tr> <td style="vertical-align:bottom;background-color:#e6efff">Cash flows used in discontinued investing activities</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">(316,698</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff">)</td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">316,698</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> <td style="text-align:left;vertical-align:bottom;width:1%;background-color:#e6efff"> </td> <td style="text-align:right;vertical-align:bottom;width:12%;background-color:#e6efff">-</td> <td style="text-align:left;vertical-align:bottom;width:2%;background-color:#e6efff"> </td> </tr> </table> </div>

-38694048

7000000

-31694048

26671935

-26671935

0 19671935 19671935

-7988872

-6935910

-316698

-7252608

-316698

316698