v3.10.0.1
Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
May 31, 2018
May 31, 2017
May 31, 2018
May 31, 2017
REVENUE        
Total Revenue $ 0 $ 0 $ 0 $ 0
Gross Profit 0 0 0 0
MINERAL PROPERTY OPERATIONS        
Acquisition 0 0 0 0
Exploration 0 0 3,636 0
Total Mineral Property Operations 0 0 0 0
EXPENSES        
Accretion 89,301 2,864 325,828 47,865
Consulting fees 4,000 18,904 33,171 52,432
Filling fees 0 4,401 1,436 11,941
FinderÂ’s fees 0 0 0 0
Office & general 11,434 10,067 36,766 30,635
Professional fees 11,812 28,722 54,201 62,366
Public relations 0 22,685 0 67,315
Related party – director’s fees 0 0 0 388,833
Related party – management fees 52,500 45,000 157,500 135,000
Total Expenses 169,047 132,643 608,902 796,387
Loss from operations (169,047) (132,643) (612,538) (796,387)
Interest expense (18,855) (15,682) (50,000) (54,640)
Finance costs (19,561) (34,593) (125,475) (34,593)
Related party – loss on settlement of debt 0 0 0 (660,000)
Unrealized foreign exchange loss 1,210 56 (2,443) (61,580)
Gain (loss) on derivative liability 4,060 66,487 56,970 76,270
Total Other Income (Expense) (33,146) 16,268 (120,948) (734,543)
Net Loss $ (202,193) $ (116,375) $ (733,486) $ (1,530,930)
BASIC AND DILUTED LOSS PER COMMON SHARE $ 0 $ 0 $ (0.00) $ (0.00)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING 1,207,714,647 686,728,348 970,139,597 607,257,931
WEIGHTED AVERAGE NUMBER OF PREFERRED SHARES OUTSTANDING 100,000 100,000 100,000 100,000