Financial instruments and financial risk management (Tables)

10 Months Ended

Jan. 31, 2024

Financial instruments and financial risk management

Schedule of carrying value of the financial instruments

	Level 1		Level 2		Level 3		Total
Derivative warrant liabilities – Private Warrants		—		26,608		—		26,608
Derivative warrant liabilities – Public Warrants		750,000		—		—		750,000
Convertible notes		—		—		2,500,000		—
Balance, January 31, 2024	$	750,000	$	26,608	$	2,500,000	$	776,608

Schedule of maturities of contractual obligations

	Carrying		Contractual		Less than 1		Between 1
	Amount		Cash Flows		year		and 3 year
Accounts payable & accrued liabilities	$	1,110,564	$	1,110,564	$	1,110,564	$	—
Convertible note liability		2,500,000	$	3,625,000	$	250,000		3,375,000
Due to NCAC sponsor		1,615,501		1,615,501		1,615,501		—
Due to Psyence Group Inc		1,460,657		1,460,657		1,460,657		—
Total contractual obligations	$	6,686,722	$	7,811,722	$	4,436,722	$	3,375,000