|
Note 8 Common Shares
On May 10, 2018, the Company effected a forward
stock split on a 20 to 1 basis, thereby increasing the issued and outstanding share capital from 3,750,000 common shares to 75,000,000
common shares. The common stock par value was changed from $0.001 to $0.0001. These financial statements presented provide the
retroactive effect to the changes.
On August 15, 2018, the Company issued 600,000
common shares at $0.75 per share for the purchase of the mineral properties. The share price was issued at market.
On August 17, 2018, the Company issued 83,333
common shares for cash at $0.60 per share to an investor. The share price was negotiated with a 20% discount when the market was
at $0.75 per share.
On August 17, 2018, the Company issued 30,000
common shares at $0.95 per share for consulting services. The share price was issued at market.
On August 20, 2018, the Company issued 156,862
common shares for cash at $0.6375 per share to an investor. The share price was negotiated with a 15% discount when the market
was at $0.75 per share.
On August 20, 2018, the Company issued 125,000
common shares at $0.95 per share to its Chief Operating Officer. The share price was issued at market
On August 20, 2018, the Company issued 50,000
common shares at $0.95 per share for board advisory services. The share price was issued at market.
On November 1, 2018, the Company issued 38,660
common shares for cash at $1.034 per share to a shareholder. The share price was negotiated with a 15% discount from the previous
10 days closing average price of $1.2175 per share.
On November 14, 2018, the Company issued 100,000
common shares at $1.03 per share for the purchase of the mineral properties. The share price was issued at market.
On April 24, 2019, the Company issued 100,000
common shares at $0.74 per share for the purchase of the mineral properties. The share price was issued at market.
On May 14, 2019, the Company issued 200,000
common shares at $0.87 per share for the purchase of 50 mineral properties. The share price was issued at market.
On June 14, 2019, the Company issued 100,000
commons shares at $1.20 per share for the purchased of an additional 26 mineral properties. The share price was issued at market.
On August 28, 2019, the Company issued 125,000
common shares at $0.37 per share to its Chief Operating Officer. The share price was issued at market.
On September 8, 2019, the Company issued 50,000
common shares at $0.37 per share for board advisory services. The share price was issued at market.
At October 31, 2019, the Company had 76,758,855
common shares outstanding (76,283,855 common shares at April 30, 2019). There were no warrants or stock options outstanding as
of October 31, 2019.
|
