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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Aug. 31, 2023
Nov. 30, 2022
Current assets    
Cash and cash equivalents $ 13,777,663 $ 54,508
Restricted cash 87,015
Other receivables 147,331 68,000
Inventories 32,047
Prepaid expenses and deferred costs 1,538,421 107,111
Total current assets 15,582,477 229,619
Right-of-use assets 165,066
Property, plant and equipment 936,490
Total assets 16,684,033 229,619
Current liabilities    
Accounts payable 172,447 466,127
Accrued liabilities 72,416 26,922
Current portion of lease liabilities 23,087
Withholdings taxes payable 180,863 116,187
Due to GoldMining 677,783
Total current liabilities 448,813 1,287,019
Lease liabilities 133,900
Asset retirement obligations 241,482 225,871
Total liabilities 824,195 1,512,890
Stockholders’ equity    
Common stock $0.001 par value: 300,000,000 shares authorized as at August 31, 2023 and November 30, 2022; 12,398,709 and 10,135,001 shares issued and outstanding as at August 31, 2023 and November 30, 2022 12,399 10,135
Additional paid-in capital 26,590,977 3,827,957
Accumulated deficit (10,743,538) (5,121,363)
Total stockholders’ equity (deficit) 15,859,838 (1,283,271)
Total liabilities and stockholders’ equity (deficit) $ 16,684,033 $ 229,619