Post-effective amendment to a registration statement that is not immediately effective upon filing

Notes Payable ??? Related Party (Tables)

v3.24.3
Notes Payable — Related Party (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Notes Payable – Related Party [Abstract]    
Schedule of Finance Expense

During the three and six months ended June 30, 2023 the Company recorded finance expense of $0 (December 31, 2023 – $60,770), related to bringing the notes to their present value.

 

Amount

   

($)

Balance, December 31, 2022

 

2,604,713

 

Foreign currency adjustment

 

(35,380

)

Repayments

 

(2,519,835

)

Cancellation of remaining debt

 

(49,498

)

Balance, December 31, 2023

 

 

During the year ended December 31, 2023, the Company recorded finance expense of $0 (December 31, 2022 — $60,770), related to bringing the notes to their present value.
 

Amount

   

($)

Balance at December 31, 2021

 

2,786,183

 

Repayments

 

(64,550

)

Finance expense

 

60,770

 

Foreign exchange adjustment

 

(177,690

)

Balance, December 31, 2022

 

2,604,713

 

Foreign currency adjustment

 

(35,380

)

Repayments

 

(2,519,835

)

Cancellation of remaining debt

 

(49,498

)

Balance, December 31, 2023

 

 

Current

 

 

Non-current