v3.8.0.1

Consolidated Statements of Operations - USD ($) | 3 Months Ended | 12 Months Ended
--- | --- | ---
Nov. 30, 2017 | Aug. 31, 2017 | Aug. 31, 2016
REVENUE |  |  |
Total Revenue | $ 0 |  |
Gross Profit | 0 |  |
MINERAL PROPERTY OPERATIONS |  |  |
Acquisition |  |  |
Exploration | 3,636 | 16,872 | 22,916
Total Mineral Property Operations | 3,636 | 16,872 | 22,916
EXPENSES |  |  |
Accretion | 78,984 | 76,084 | 529,914
Consulting fees | 12,791 | 184,534 | 70,437
Filling fees | 1,436 | 14,780 | 15,831
Finder’s fees |  |  | 15,000
Office & general | 10,512 | 46,349 | 54,710
Professional fees | 32,109 | 56,817 | 105,409
Public relations |  | 71,164 | 72,854
Related party – director’s fees |  | 397,833 |
Related party – management fees | 52,500 | 187,500 | 216,000
Total Expenses | 188,332 | 1,035,061 | 1,080,155
Net Loss | (164,188) | (1,865,523) | (1,103,071)
Interest expense | (14,876) | (63,953) | (62,431)
Finance costs | (30,567) | (65,105) | (61,517)
Unrealized foreign exchange loss | (4,317) | (51,828) | (197,571)
Gain (loss) on derivative liability | 77,540 | 108,440 | 206,052
Write-down of accounts receivable |  |  | (45,800)
Loss on settlement of debt |  | (741,144) |
Total Other Expense | 27,780 | (813,590) | (38,233)
Net Income (Loss) | $ (164,188) | $ (1,865,523) | $ (1,103,071)
BASIC AND DILUTED LOSS PER COMMON SHARE | $ (0.00) | $ 0.00 | $ (0.05)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING (Note 6) | 724,505,969 | 631,246,975 | 6,391,865
BASIC AND DILUTED LOSS PER PREFERRED SHARE | $ (0.60) |  |
WEIGHTED AVERAGE NUMBER OF PREFERRED SHARES OUTSTANDING | 100,000 | 100,000 | 100,000

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