Investment in BeMetals Corp

3 Months Ended

Mar. 31, 2023

Investments, Debt and Equity Securities [Abstract]

Investment in BeMetals Corp. [Text Block]

4. Investment in BeMetals Corp.

In June 2019 in connection with the BeMetals Option Agreement (see Note 3), the Company received 10,000,000 shares of BeMetals Corp. common stock that had a fair value of $1,883,875.

The Company had an unrealized loss on the change in fair value of the investment of $147,428 for the period ended March 31, 2023, compared to an unrealized loss of $239,064 for the period ended March 31, 2022. The remaining 8 million shares of BeMetals stock held by the Company are considered available for sale.