Annual report pursuant to Section 13 and 15(d)

EQUITY - Equity transactions (Details)

v3.22.4
EQUITY - Equity transactions (Details)
1 Months Ended 12 Months Ended
Aug. 31, 2021
USD ($)
Y
$ / shares
shares
Oct. 31, 2022
USD ($)
Y
$ / shares
shares
Aug. 31, 2021
USD ($)
Y
D
$ / shares
shares
Aug. 31, 2021
USD ($)
Y
$ / shares
$ / shares
shares
Dec. 31, 2022
USD ($)
Y
$ / shares
Dec. 31, 2021
USD ($)
Dec. 31, 2022
$ / shares
Dec. 31, 2021
$ / shares
COMMON SHARES                
Gross proceeds from issuance allocated to common shares         $ 4,974,253 $ 15,868,381    
Gross proceeds from issuance allocated to common shares warrants         $ 1,520,401 $ 2,739,221    
Share price | $ / shares             $ 5.84 $ 6.00
Issuance costs allocated to the warrants   $ 249,733 $ 444,558          
Compensation warrants | Intermediaries                
COMMON SHARES                
Warrants exercise price | $ / shares   $ 6.10     $ 9.60      
Warrants exercisable term 5 years 5 years 5 years 5 years        
Amount of compensation paid   $ 597,780 $ 1,408,750          
Number of warrants issued | shares   69,188 146,744          
Fair value of warrants $ 957,947 $ 317,000 $ 957,947 $ 957,947        
IPO                
COMMON SHARES                
Number of units issued | shares     2,096,357          
Price per unit | $ / shares     $ 9.60          
Gross proceeds from offering     $ 20,125,000          
Issuance costs of units     $ 2,109,657          
Number of common share per unit | shares 1   1 1        
Number of warrants per unit | shares 0.25   0.25 0.25        
Warrants exercise price | $ / shares $ 12.60   $ 12.60 $ 12.60        
Warrants exercisable term 5 years   5 years 5 years        
Term for acceleration of warrants     30 days          
Toronto Stock Exchange trading price | $ / shares       $ 37.80        
Number of consecutive trading days | D     10          
Private Placement                
COMMON SHARES                
Number of units issued | shares   1,383,755            
Price per unit | $ / shares   $ 5.40            
Gross proceeds from offering   $ 7,472,278            
Issuance costs of units   $ 1,227,357            
Number of common share per unit | shares   1            
Number of warrants per unit | shares   0.25            
Number of common share per warrant | shares   0.25            
Warrants exercise price | $ / shares   $ 7.50            
Warrants exercisable term   5 years            
Risk free interest rate                
COMMON SHARES                
Warrants, measurement input 0.84 4.10 0.84 0.84        
Risk free interest rate | Compensation warrants | Intermediaries                
COMMON SHARES                
Warrants, measurement input 1.21 4.10 1.21 1.21        
volatility                
COMMON SHARES                
Warrants, measurement input 95.6 94.0 95.6 95.6        
volatility | Compensation warrants | Intermediaries                
COMMON SHARES                
Warrants, measurement input 95.6 94.0 95.6 95.6        
Expected life                
COMMON SHARES                
Warrants, measurement input | Y 5.0 5.0 5.0 5.0        
Expected life | Compensation warrants | Intermediaries                
COMMON SHARES                
Warrants, measurement input | Y 5.0 5.0 5.0 5.0        
Accelerated warrants                
COMMON SHARES                
Number of warrants per unit | shares 0.25   0.25 0.25        
Issuance costs allocated to the common shares     $ 1,665,099          
Gross proceeds from issuance allocated to common shares warrants     $ 2,739,221          
Share price | $ / shares $ 8.28   $ 8.28 $ 8.28        
Common share purchase warrants price | $ / shares     1.32          
Outstanding balance of warrants         $ 931,000      
Accelerated warrants | Risk free interest rate                
COMMON SHARES                
Warrants, measurement input         4.14      
Accelerated warrants | volatility                
COMMON SHARES                
Warrants, measurement input         87.5      
Accelerated warrants | Expected life                
COMMON SHARES                
Warrants, measurement input | Y         3.65      
Warrants.                
COMMON SHARES                
Price per unit | $ / shares   $ 5.40 $ 9.60          
Number of warrants per unit | shares   0.25            
Gross proceeds from issuance allocated to common shares $ 17,533,480 $ 5,951,877            
Issuance costs allocated to the common shares   977,624            
Gross proceeds from issuance allocated to common shares warrants   $ 1,520,401            
Share price | $ / shares   $ 4.30            
Common share purchase warrants price | $ / shares   $ 1.10            
Outstanding balance of warrants         $ 928,500      
Warrants. | Risk free interest rate                
COMMON SHARES                
Warrants, measurement input         4.00      
Warrants. | volatility                
COMMON SHARES                
Warrants, measurement input         86.0      
Warrants. | Expected life                
COMMON SHARES                
Warrants, measurement input | Y         4.8