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Related Party Transactions
12 Months Ended
Apr. 30, 2024
Disclosure of transactions between related parties [abstract]  
Related Party Transactions [Text Block]

8. Related Party Transactions

During the years ended April 30, 2024, and 2023 ("2023"), the Company has the following related party transactions:

(a) The Company has incurred $2,698,461 (2023: $2,238,520) in salary and consulting fees to the Company's officers and companies owned by the Company's officers as compensation.

(b) The Company has incurred $338,047 (2023: $324,550) in director fees to the Company's directors.

(c) The Company has paid $675,000 (2023: $600,000) to a company with common directors and officers for rent expenses and administration expenses.

(d) For the year ended April 30, 2024, the Company has granted 3,165,000 (2023: 2,075,000) stock options to officers and directors of the Company (Note 9(e)).

(e) As of April 30, 2024, $673,600 (2023: $nil) was payable to officers of the Company, $475,000 was payable to the former COO of the Company (2023: $nil).

These transactions are in the normal course of operations and have been valued in these consolidated financial statements at the exchange amount, which is the amount of consideration established and agreed to by the related parties.