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