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Prepaid Expenses and Deferred Costs
6 Months Ended
May 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepaid Expenses and Deferred Costs

Note 5: Prepaid Expenses and Deferred Costs

 

Prepaid expenses and deferred costs consist of the following:

 

   May 31, 2023   November 30, 2022 
Deferred financing costs(1)  $-   $94,932 
Prepaid insurance   82,073    7,000 
Prepaid dues and subscriptions   40,991    5,129 
Prepaid corporate development expenses(2)   368,649    - 
Deposits    16,031    - 
Other prepaid expenses   8,333    50 
Total   $516,077   $107,111 

 

(1) The deferred financing costs relate to the incremental share issue costs associated with the IPO, which were reallocated to share issuance costs upon completion of the IPO.
   
(2) Prepaid corporate development costs relate to fees prepaid to Blender Media Inc., a company controlled by a direct family member of the co-chairman and a director of GoldMining Inc. (Note 14).