Investments Measured At Fair Value

3 Months Ended

Mar. 31, 2025

Schedule of Investments [Abstract]

Investments Measured At Fair Value

3.INVESTMENTS MEASURED AT FAIR VALUE

	March 31, 2025		December 31, 2024
Investment in GT1 (ASX: GT1) (Note 13)	$	316	$	537
Investment in Ascend Elements (Note 13)		1,880		3,615
Total	$	2,196	$	4,152

As at March 31, 2025 and December 31, 2024, the Company holds 13,301 common shares (representing approximately 3% of ownership), of Green Technology Metals Limited (“GT1”). During the three months ended March 31, 2025, and 2024, respectively, a loss on change in fair value of $221 (2024 - $1,324) was recognized in the condensed consolidated interim statements of loss.

As at March 31, 2025 and December 31, 2024, the Company holds 806 Series C-1 preferred shares of Ascend Elements, Inc. (“Ascend Elements”), a private U.S. based lithium-ion battery recycling and engineered material company. During the three months ended March 31, 2025, and 2024, respectively, a loss on change in fair value of $1,735 (2024 - $nil) was recognized in the condensed consolidated interim statements of loss.