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Condensed Carve out Consolidated Interim Statements of Change in Shareholder Equity
Share Capital
Psyence Group Inc
shares
Share Capital
NCAC Sponsor
USD ($)
shares
Share Capital
Third party advisors
USD ($)
shares
Share Capital
USD ($)
shares
Foreign currency translation reserve
USD ($)
Deficit
USD ($)
Psyence Group Inc
shares
NCAC Sponsor
USD ($)
Third party advisors
USD ($)
USD ($)
shares
CAD ($)
shares
Opening balance as at beginning at Mar. 31, 2021                     $ 6,060,018
Issuance of shares                     (1,617,390)
Net loss for the period                     (2,319,932)
Balance at end at Mar. 31, 2022       $ 4,537,055 $ 255,189 $ (3,171,380)       $ 1,620,864 2,122,696
Psyence Group contribution       1,164,238           1,164,238  
Net loss for the period           (2,577,667)       (2,577,667)  
Other comprehensive income (loss)         (3,600)         (3,600)  
Balance at end at Jan. 31, 2023       5,701,293 251,589 (5,749,047)       203,835  
Opening balance as at beginning at Mar. 31, 2022       4,537,055 255,189 (3,171,380)       1,620,864 2,122,696
Issuance of shares                     1,844,500
Net loss for the period                     (4,238,471)
Balance at end at Mar. 31, 2023       5,934,141 149,464 (6,291,875)       (208,270) $ (271,275)
Issuance of shares, reverse takeover transaction   $ 27,671,039           $ 27,671,039      
Issuance of shares, reverse takeover transaction (in shares) | shares 5,000,000 7,794,659         5,000,000        
Issuance of shares for debt settlement       $ 532,500           532,500  
Issuance of shares for debt settlement (in shares) | shares       150,000              
Issuance of shares     $ 1,583,300           $ 1,583,300    
Issuance of shares (in shares) | shares     446,000                
Net loss for the period           (34,701,404)       (34,701,404)  
Other comprehensive income (loss)         13,706         13,706  
Balance at end at Jan. 31, 2024       $ 35,720,980 $ 163,170 $ (40,993,279)       $ (5,109,129)  
Balance at end (in shares) at Jan. 31, 2024 | shares       13,390,659           13,390,659 13,390,659