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Wolverine Technologies Corp. – ‘10-K’ for 5/31/20 – ‘EX-101.INS’

On:  Monday, 6/28/21, at 5:21pm ET   ·   For:  5/31/20   ·   Accession #:  1062993-21-6035   ·   File #:  0-53767

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 6/28/21  Wolverine Technologies Corp.      10-K        5/31/20   40:2M                                     Newsfile Corp./FA

Annual Report   —   Form 10-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report -- form10k                            HTML    243K 
 2: EX-31.1     Certification -- §302 - SOA'02 -- exhibit31-1       HTML     15K 
 3: EX-32.1     Certification -- §906 - SOA'02 -- exhibit32-1       HTML     14K 
10: R1          Document and Entity Information                     HTML     48K 
11: R2          Balance Sheets                                      HTML     66K 
12: R3          Balance Sheets (Parentheticals)                     HTML     21K 
13: R4          Statements of Operations (Unaudited)                HTML     47K 
14: R5          Statements of Changes in Stockholders' Deficit      HTML     59K 
                (Unaudited)                                                      
15: R6          Statements of Cash Flows (Unaudited)                HTML     72K 
16: R7          Organization and basis of presentation              HTML     20K 
17: R8          Summary of Significant Accounting Pronouncements    HTML     38K 
18: R9          Related Party Transactions                          HTML     20K 
19: R10         Common Stock                                        HTML     32K 
20: R11         Stock-based Compensation                            HTML     16K 
21: R12         Commitments                                         HTML     17K 
22: R13         Debt Extinguishments                                HTML     19K 
23: R14         Income Taxes                                        HTML     32K 
24: R15         Subsequent Events                                   HTML     18K 
25: R16         Summary of Significant Accounting Pronouncements    HTML     61K 
                (Policies)                                                       
26: R17         Income Taxes (Tables)                               HTML     30K 
27: R18         Organization and basis of presentation (Narrative)  HTML     18K 
                (Details)                                                        
28: R19         Summary of Significant Accounting Pronouncements    HTML     15K 
                (Details)                                                        
29: R20         Related Party Transactions (Narrative) (Details)    HTML     39K 
30: R21         Common Stock (Narrative) (Details)                  HTML     94K 
31: R22         Stock-based Compensation (Narrative) (Details)      HTML     21K 
32: R23         Commitments (Narrative) (Details)                   HTML     24K 
33: R24         Debt Extinguishments (Narrative) (Details)          HTML     17K 
34: R25         Income Taxes (Narrative) (Details)                  HTML     17K 
35: R26         Income Taxes - Schedule of Effective Income Tax     HTML     21K 
                Rate Reconciliation (Details)                                    
36: R27         Income Taxes - Schedule of Deferred Income Tax      HTML     23K 
                Asset (Details)                                                  
37: R28         Subsequent Events (Narrative) (Details)             HTML     46K 
39: XML         IDEA XML File -- Filing Summary                      XML     67K 
38: EXCEL       IDEA Workbook of Financial Reports                  XLSX     37K 
 4: EX-101.INS  XBRL Instance -- wolv-20200531                       XML    349K 
 6: EX-101.CAL  XBRL Calculations -- wolv-20200531_cal               XML     59K 
 7: EX-101.DEF  XBRL Definitions -- wolv-20200531_def                XML    156K 
 8: EX-101.LAB  XBRL Labels -- wolv-20200531_lab                     XML    747K 
 9: EX-101.PRE  XBRL Presentations -- wolv-20200531_pre              XML    313K 
 5: EX-101.SCH  XBRL Schema -- wolv-20200531                         XSD     94K 
40: ZIP         XBRL Zipped Folder -- 0001062993-21-006035-xbrl      Zip     57K 


‘EX-101.INS’   —   XBRL Instance — wolv-20200531


This Exhibit is an XBRL XML File.


                                                                                                                                                                                
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<us-gaap:StockIssuedDuringPeriodSharesNewIssues contextRef="C_20200901to20200925_usgaapSubsequentEventTypeAxis_usgaapSubsequentEventMember_wolvEquityTransactionAxis_usgaapPrivatePlacementMember" decimals="0" id="Fxbrl_20210625000154163" unitRef="shares"> 4500000 </us-gaap:StockIssuedDuringPeriodSharesNewIssues>
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<us-gaap:ProceedsFromIssuanceOfCommonStock contextRef="C_20190801to20190823_wolvEquityTransactionAxis_usgaapPrivatePlacementMember" decimals="0" id="Fxbrl_20191018053502206" unitRef="USD"> 12349 </us-gaap:ProceedsFromIssuanceOfCommonStock>
<us-gaap:ProceedsFromIssuanceOfCommonStock contextRef="C_20190801to20190823_wolvEquityTransactionAxis_usgaapPrivatePlacementMember" decimals="0" id="Fxbrl_20191018053549287" unitRef="CAD"> 16500 </us-gaap:ProceedsFromIssuanceOfCommonStock>
<us-gaap:ProceedsFromIssuanceOfCommonStock contextRef="C_20200301to20200313_wolvEquityTransactionAxis_usgaapPrivatePlacementMember" decimals="0" id="Fxbrl_20210625004614656" unitRef="USD"> 121250 </us-gaap:ProceedsFromIssuanceOfCommonStock>
<us-gaap:ProceedsFromIssuanceOfCommonStock contextRef="C_20180601to20190531_wolvEquityTransactionAxis_usgaapPrivatePlacementMember" decimals="0" id="Fxbrl_20210624235939477" unitRef="USD"> 25997 </us-gaap:ProceedsFromIssuanceOfCommonStock>
<us-gaap:ProceedsFromIssuanceOfCommonStock contextRef="C_20180601to20190531_wolvEquityTransactionAxis_usgaapPrivatePlacementMember" decimals="0" id="Fxbrl_20210624235948518" unitRef="CAD"> 34000 </us-gaap:ProceedsFromIssuanceOfCommonStock>
<us-gaap:ProceedsFromIssuanceOfCommonStock contextRef="C_20180601to20190531_wolvEquityTransactionAxis_wolvPrivatePlacementTwoMember" decimals="0" id="Fxbrl_20210625000036518" unitRef="USD"> 66328 </us-gaap:ProceedsFromIssuanceOfCommonStock>
<us-gaap:ProceedsFromIssuanceOfCommonStock contextRef="C_20180601to20190531_wolvEquityTransactionAxis_wolvPrivatePlacementTwoMember" decimals="0" id="Fxbrl_20210625000047191" unitRef="CAD"> 85000 </us-gaap:ProceedsFromIssuanceOfCommonStock>
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<us-gaap:ProceedsFromIssuanceOfPrivatePlacement contextRef="C_20180601to20190531" decimals="0" id="Fxbrl_20210625013203031_1718" unitRef="USD"> 60862 </us-gaap:ProceedsFromIssuanceOfPrivatePlacement>
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<p style="margin-left:18pt;text-indent:-18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span><span><span>1.<span style="width:10.49pt;text-indent:0pt;display:inline-block"> </span>Organization and basis of presentation</span></span></span></span></span></span></p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;text-align:justify;margin-left:20pt">Wolverine Technologies Corp. (the "Company") was incorporated in the State of Nevada on February 23, 2006. The Company's principal business was the acquisition and exploration of mineral resources. The Company had not determined that its properties contain mineral reserves that were economically recoverable, financing had not yet become available, and commodity prices had not fully recovered. Therefore, management decided to change the focus of the Company to include cyber security. Effective August 12, 2015, the Company changed its name from Wolverine Exploration Inc. to Wolverine Technologies Corp. The Company has now refocused its efforts back to the exploration of mineral resources.</p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;text-align:justify;margin-left:20pt">The recent outbreak of the novel coronavirus COVID-19, which was declared a pandemic by the World Health Organization on March 11, 2020, has led to adverse impacts on the U.S. and global economies, disruptions of financial markets, and created uncertainty regarding potential impacts to the Company's operations. The COVID-19 pandemic has impacted and could further impact the Company's operations and the operations of the Company's suppliers and vendors as a result of quarantines, facility closures, and travel and logistics restrictions. The extent to which the COVID-19 pandemic impacts the Company's business, results of operations and financial condition will depend on future developments, which are highly uncertain and cannot be predicted, including, but not limited to the duration, spread, severity, and impact of the COVID-19 pandemic, the effects of the COVID-19 pandemic on the Company's suppliers and vendors and the remedial actions and stimulus measures adopted by local and federal governments, and to what extent normal economic and operating conditions can resume. The management team is closely following the progression of COVID-19 and its potential impact on the Company.  Even after the COVID-19 pandemic has subsided, the Company may experience adverse impacts to its business as a result of any economic recession or depression that has occurred or may occur in the future. Therefore, the Company cannot reasonably estimate the impact at this time on its business, liquidity, capital resources and financial results.</p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-left:18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span><span><span><i>Going Concern</i></span></span></span></span></span></span></p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;text-align:justify;margin-left:20pt">These financial statements have been prepared on a going concern basis, which implies the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has never generated revenues and is unlikely to generate earnings in the immediate or foreseeable future. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability of the Company to obtain necessary equity financing to continue operations, and the attainment of profitable operations. The Company plans to raise financing of debt or equity. There can be no assurance that additional financing will be available when needed or, if available, that it can be obtained on commercially reasonable terms. At May 31, 2020, the Company has a working capital deficiency of $185,085 and has accumulated losses of $6,303,713 since inception. These factors raise substantial doubt regarding the Company's ability to continue as a going concern. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.</p>
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<us-gaap:SignificantAccountingPoliciesTextBlock contextRef="C_20190601to20200531" id="Fxbrl_20200720113120607">
<div> <p style="margin-top:0pt;margin-left:25px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">2.<span style="width:10.49pt;text-indent:0pt;display:inline-block"> </span>Summary of Significant Accounting Pronouncements</span></p> <p style="margin-top:0pt;margin-left:25px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <div> <div> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">a)<span style="width:10pt;text-indent:0pt;display:inline-block"> </span>Basis of Presentation</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in U.S. dollars. The Company's fiscal year-end is May 31.</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> </div> </div> <div> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">b)<span style="width:10pt;text-indent:0pt;display:inline-block"> </span>Use of Estimates</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">The preparation of financial statements in accordance with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses in the reporting period. The Company regularly evaluates estimates and assumptions related to stock-based compensation, and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company's estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> </div> <div> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">c)<span style="width:10.5pt;text-indent:0pt;display:inline-block"> </span>Cash and Cash Equivalents</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">The Company considers all highly liquid instruments with maturity of three months or less at the time of issuance to be cash equivalents.</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> </div> <div> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">d)<span style="width:10pt;text-indent:0pt;display:inline-block"> </span>Income Taxes</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">The Company accounts for income taxes using the asset and liability method in accordance with ASC 740, "<i>Income Taxes</i>". The asset and liability method provides that deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities, and for operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized.</span><br/> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Uncertain tax positions are recognized in the financial statements only if that position is more likely than not of being sustained upon examination by taxing authorities, based on the technical merits of the position. The Company recognizes interest and penalties related to uncertain tax positions in the income tax provision. There are currently no unrecognized tax benefits that if recognized would affect the tax rate. There was $0 </span>of interest and penalties recognized for the years ended May 31, 2020 and 2019.</p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> </div> <div> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">e)<span style="width:12.5pt;text-indent:0pt;display:inline-block"> </span>Foreign Currency Translation<span style="width:27.45pt;text-indent:0pt;display:inline-block"> </span></span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">The Company's functional and reporting currency is the United States dollar. Occasional transactions may occur in Canadian dollars and management has adopted ASC 830, "<i>Foreign Currency Translation Matters</i>". Monetary assets and liabilities denominated in foreign currencies are translated using the exchange rate prevailing at the balance sheet date. Non-monetary assets and liabilities denominated in foreign currencies are translated at rates of exchange in effect at the date of the transaction. Average monthly rates are used to translate revenues and expenses. Gains and losses arising on translation or settlement of foreign currency denominated transactions or balances are included in the determination of income.</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> </div> <div> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">f)<span style="width:10pt;text-indent:0pt;display:inline-block"> </span>Stock-based Compensation</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;margin-left:48px;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">The Company records stock-based compensation in accordance with ASC 718, "<i>Compensation - Stock Compensation</i>" using the fair value method. All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable.</span></span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> </div> <div> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">g)<span style="width:10pt;text-indent:0pt;display:inline-block"> </span>Earnings (Loss) Per Share</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">The Company computes earnings (loss) per share in accordance with ASC 260, "<i>Earnings per Share</i>". ASC 260 requires presentation of both basic and diluted earnings per share ("EPS") on the face of the income statement. Basic EPS is computed by dividing earnings (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti dilutive. At May 31, 2020 and 2019, the Company had no dilutive shares outstanding.</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> </div> <div> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">h)<span style="width:13pt;text-indent:0pt;display:inline-block"> </span>Financial Instruments and Fair Value Measures<span style="width:27.41pt;text-indent:0pt;display:inline-block"> </span></span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">ASC 820, "<i>Fair Value Measurements and Disclosures</i>", requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument's categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 prioritizes the inputs into three levels that may be used to measure fair value:</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="text-decoration:underline"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Level 1</span></span></p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.</span></p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="text-decoration:underline"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Level 2</span></span></p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.</span></p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:center;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="text-decoration:underline"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Level 3</span></span></p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.</span></p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">The Company's financial instruments consist principally of cash, other receivables, accounts payable and amounts due to related parties. Pursuant to ASC 820, the fair value of cash is determined based on "Level 1" inputs, which consist of quoted prices in active markets for identical assets. The recorded values of all other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations.</span></span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> </div> <div> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">i)<span style="width:13pt;text-indent:0pt;display:inline-block"> </span>Comprehensive Income<span style="text-indent:0pt;display:inline-block;width:48.96pt"> </span></span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">ASC 220, "<i>Comprehensive Income</i>", establishes standards for the reporting and display of comprehensive loss and its components in the financial statements. As at May 31, 2020 and 2019, the Company has no items that represent a comprehensive loss and, therefore, has not included a schedule of comprehensive loss in the financial statements.</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> </div> <div> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">j)<span style="width:10.5pt;text-indent:0pt;display:inline-block"> </span>Recent Accounting Pronouncements</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;text-align:justify;margin-left:48px">In June 2018, the FASB issued ASU No. 2018-07, <i>"Compensation-Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting"</i> which addresses accounting for issuance of all share-based payments on the same accounting model. Previously, accounting for share-based payments to employees was covered by ASC Topic 718 while accounting for such payments to non-employees was covered by ASC Subtopic 505-50. As it considered recently issued updates to ASC 718, the FASB, as part of its simplification initiatives, decided to replace ASC Subtopic 505-50 with Topic 718 as the guidance for non-employee share-based awards. Under this new guidance, both sets of awards, for employees and non-employees, will essentially follow the same model, with small variations related to determining the term assumption when valuing a non-employee award as well as a different expense attribution model for non-employee awards as opposed to employee awards. The ASU is effective for public business entities beginning in 2019 calendar year. The Company adopted the new guidance on June 1, 2019.  The adoption of ASU 2016-02 did not have a material impact on the Company's financial statements as the Company did not have any share-based compensation.</p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;margin-left:30pt"> </p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;text-align:justify;margin-left:48px">In February 2016, FASB issued ASU 2016-02, <i>Leases</i> (Topic 842).  In addition, in July 2018, the FASB issued ASU 2018-10, Codification Improvements to Topic 842, <i>Leases</i> and ASU 2018-11, <i>Leases</i> (Topic 842), Targeted Improvements, which provide an additional (and optional) transition method whereby the new lease standard is applied at the adoption date and recognized as an adjustment to retained earnings. This ASU requires lessees to recognize a right of use asset and lease liability on the balance sheet for all leases, with the exception of short-term leases. The new accounting model for lessors remains largely unchanged, although some changes have been made to align it with the new lessee model and the new revenue recognition guidance. This update also requires companies to include additional disclosures regarding their lessee and lessor agreements. The adoption of this standard did not have a material impact on the Company's financial statements as the Company has not entered into any long-term leases.</p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;margin-left:30pt"> </p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;text-align:justify;margin-left:48px">The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.</p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> </div> </div>
</us-gaap:SignificantAccountingPoliciesTextBlock>
<us-gaap:BasisOfAccountingPolicyPolicyTextBlock contextRef="C_20190601to20200531" id="Fxbrl_20200720112716716">
<div> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">a)<span style="width:10pt;text-indent:0pt;display:inline-block"> </span>Basis of Presentation</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in U.S. dollars. The Company's fiscal year-end is May 31.</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> </div>
</us-gaap:BasisOfAccountingPolicyPolicyTextBlock>
<us-gaap:UseOfEstimates contextRef="C_20190601to20200531" id="Fxbrl_20200720112738429">
<div> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">b)<span style="width:10pt;text-indent:0pt;display:inline-block"> </span>Use of Estimates</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">The preparation of financial statements in accordance with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses in the reporting period. The Company regularly evaluates estimates and assumptions related to stock-based compensation, and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company's estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> </div>
</us-gaap:UseOfEstimates>
<us-gaap:CashAndCashEquivalentsPolicyTextBlock contextRef="C_20190601to20200531" id="Fxbrl_20200720112803973">
<div> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">c)<span style="width:10.5pt;text-indent:0pt;display:inline-block"> </span>Cash and Cash Equivalents</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">The Company considers all highly liquid instruments with maturity of three months or less at the time of issuance to be cash equivalents.</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> </div>
</us-gaap:CashAndCashEquivalentsPolicyTextBlock>
<us-gaap:IncomeTaxPolicyTextBlock contextRef="C_20190601to20200531" id="Fxbrl_20200720112850262">
<div> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">d)<span style="width:10pt;text-indent:0pt;display:inline-block"> </span>Income Taxes</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">The Company accounts for income taxes using the asset and liability method in accordance with ASC 740, "<i>Income Taxes</i>". The asset and liability method provides that deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities, and for operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized.</span><br/> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Uncertain tax positions are recognized in the financial statements only if that position is more likely than not of being sustained upon examination by taxing authorities, based on the technical merits of the position. The Company recognizes interest and penalties related to uncertain tax positions in the income tax provision. There are currently no unrecognized tax benefits that if recognized would affect the tax rate. There was $0 </span>of interest and penalties recognized for the years ended May 31, 2020 and 2019.</p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> </div>
</us-gaap:IncomeTaxPolicyTextBlock>
<us-gaap:IncomeTaxExaminationPenaltiesAndInterestExpense contextRef="C_20180601to20190531" decimals="0" id="Fxbrl_202007201154202050" unitRef="USD"> 0 </us-gaap:IncomeTaxExaminationPenaltiesAndInterestExpense>
<us-gaap:IncomeTaxExaminationPenaltiesAndInterestExpense contextRef="C_20190601to20200531" decimals="0" id="Fxbrl_20200720115420205" unitRef="USD"> 0 </us-gaap:IncomeTaxExaminationPenaltiesAndInterestExpense>
<us-gaap:ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock contextRef="C_20190601to20200531" id="Fxbrl_20200720112905928">
<div> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">e)<span style="width:12.5pt;text-indent:0pt;display:inline-block"> </span>Foreign Currency Translation<span style="width:27.45pt;text-indent:0pt;display:inline-block"> </span></span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">The Company's functional and reporting currency is the United States dollar. Occasional transactions may occur in Canadian dollars and management has adopted ASC 830, "<i>Foreign Currency Translation Matters</i>". Monetary assets and liabilities denominated in foreign currencies are translated using the exchange rate prevailing at the balance sheet date. Non-monetary assets and liabilities denominated in foreign currencies are translated at rates of exchange in effect at the date of the transaction. Average monthly rates are used to translate revenues and expenses. Gains and losses arising on translation or settlement of foreign currency denominated transactions or balances are included in the determination of income.</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> </div>
</us-gaap:ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock>
<us-gaap:ShareBasedCompensationOptionAndIncentivePlansPolicy contextRef="C_20190601to20200531" id="Fxbrl_20200720112920431">
<div> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">f)<span style="width:10pt;text-indent:0pt;display:inline-block"> </span>Stock-based Compensation</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;margin-left:48px;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">The Company records stock-based compensation in accordance with ASC 718, "<i>Compensation - Stock Compensation</i>" using the fair value method. All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable.</span></span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> </div>
</us-gaap:ShareBasedCompensationOptionAndIncentivePlansPolicy>
<us-gaap:EarningsPerSharePolicyTextBlock contextRef="C_20190601to20200531" id="Fxbrl_20200720112937961">
<div> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">g)<span style="width:10pt;text-indent:0pt;display:inline-block"> </span>Earnings (Loss) Per Share</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">The Company computes earnings (loss) per share in accordance with ASC 260, "<i>Earnings per Share</i>". ASC 260 requires presentation of both basic and diluted earnings per share ("EPS") on the face of the income statement. Basic EPS is computed by dividing earnings (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti dilutive. At May 31, 2020 and 2019, the Company had no dilutive shares outstanding.</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> </div>
</us-gaap:EarningsPerSharePolicyTextBlock>
<us-gaap:FairValueOfFinancialInstrumentsPolicy contextRef="C_20190601to20200531" id="Fxbrl_20200720113000020">
<div> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">h)<span style="width:13pt;text-indent:0pt;display:inline-block"> </span>Financial Instruments and Fair Value Measures<span style="width:27.41pt;text-indent:0pt;display:inline-block"> </span></span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">ASC 820, "<i>Fair Value Measurements and Disclosures</i>", requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument's categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 prioritizes the inputs into three levels that may be used to measure fair value:</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="text-decoration:underline"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Level 1</span></span></p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.</span></p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="text-decoration:underline"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Level 2</span></span></p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.</span></p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:center;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="text-decoration:underline"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Level 3</span></span></p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.</span></p> <p style="margin-top:0pt;margin-left:72px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">The Company's financial instruments consist principally of cash, other receivables, accounts payable and amounts due to related parties. Pursuant to ASC 820, the fair value of cash is determined based on "Level 1" inputs, which consist of quoted prices in active markets for identical assets. The recorded values of all other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations.</span></span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> </div>
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<div> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">i)<span style="width:13pt;text-indent:0pt;display:inline-block"> </span>Comprehensive Income<span style="text-indent:0pt;display:inline-block;width:48.96pt"> </span></span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">ASC 220, "<i>Comprehensive Income</i>", establishes standards for the reporting and display of comprehensive loss and its components in the financial statements. As at May 31, 2020 and 2019, the Company has no items that represent a comprehensive loss and, therefore, has not included a schedule of comprehensive loss in the financial statements.</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> </div>
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<div> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">j)<span style="width:10.5pt;text-indent:0pt;display:inline-block"> </span>Recent Accounting Pronouncements</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;text-align:justify;margin-left:48px">In June 2018, the FASB issued ASU No. 2018-07, <i>"Compensation-Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting"</i> which addresses accounting for issuance of all share-based payments on the same accounting model. Previously, accounting for share-based payments to employees was covered by ASC Topic 718 while accounting for such payments to non-employees was covered by ASC Subtopic 505-50. As it considered recently issued updates to ASC 718, the FASB, as part of its simplification initiatives, decided to replace ASC Subtopic 505-50 with Topic 718 as the guidance for non-employee share-based awards. Under this new guidance, both sets of awards, for employees and non-employees, will essentially follow the same model, with small variations related to determining the term assumption when valuing a non-employee award as well as a different expense attribution model for non-employee awards as opposed to employee awards. The ASU is effective for public business entities beginning in 2019 calendar year. The Company adopted the new guidance on June 1, 2019.  The adoption of ASU 2016-02 did not have a material impact on the Company's financial statements as the Company did not have any share-based compensation.</p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;margin-left:30pt"> </p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;text-align:justify;margin-left:48px">In February 2016, FASB issued ASU 2016-02, <i>Leases</i> (Topic 842).  In addition, in July 2018, the FASB issued ASU 2018-10, Codification Improvements to Topic 842, <i>Leases</i> and ASU 2018-11, <i>Leases</i> (Topic 842), Targeted Improvements, which provide an additional (and optional) transition method whereby the new lease standard is applied at the adoption date and recognized as an adjustment to retained earnings. This ASU requires lessees to recognize a right of use asset and lease liability on the balance sheet for all leases, with the exception of short-term leases. The new accounting model for lessors remains largely unchanged, although some changes have been made to align it with the new lessee model and the new revenue recognition guidance. This update also requires companies to include additional disclosures regarding their lessee and lessor agreements. The adoption of this standard did not have a material impact on the Company's financial statements as the Company has not entered into any long-term leases.</p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;margin-left:30pt"> </p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;text-align:justify;margin-left:48px">The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.</p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> </div>
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<p style="margin-left:18pt;text-indent:-18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span><span><span><span><span>3.<span style="width:10.49pt;text-indent:0pt;display:inline-block"> </span>Related Party Transactions</span></span></span></span></span></span></span></span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">(a)<span style="width:7pt;text-indent:0pt;display:inline-block"> </span>During the year ended May 31, 2020, the Company incurred consulting fees of $29,884 (2019 - $30,344) to a company controlled by the President of the Company.</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">(b)<span style="width:6.5pt;text-indent:0pt;display:inline-block"> </span>During the year ended May 31, 2020, the Company incurred consulting fees of $22,117 (2019 - $25,506) to a Director of the Company.</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">(c)<span style="width:7.01pt;text-indent:0pt;display:inline-block"> </span>As at May 31, 2020, the Company owes $18,123 (May 31, 2019 - $38,918) to a company controlled by the President of the Company, which is non-interest bearing, unsecured and due on demand.</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">(d)<span style="width:6.5pt;text-indent:0pt;display:inline-block"> </span>As at May 31, 2020, the Company owes $29,117 (May 31, 2019 - $7,839) to a Director of the Company, which is non-interest bearing, unsecured and due on demand.</span></p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:48px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">(e)<span style="width:7pt;text-indent:0pt;display:inline-block"> </span>On February 13, 2020, the Company issued 20,000,000 shares of common stock with a fair value of $60,000 to the President of the Company to settle accounts payable of $45,251 (Cdn$60,000) owed to the President of the Company. This resulted in a loss on settlement of $14,749.</span><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span><span><span><a id="page_9"/></span></span></span></span></span></span></p>
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<us-gaap:ExtinguishmentOfDebtAmount contextRef="C_20200201to20200213_usgaapRelatedPartyTransactionsByRelatedPartyAxis_srtPresidentMember" decimals="0" id="Fxbrl_20210624235550796" unitRef="CAD"> 60000 </us-gaap:ExtinguishmentOfDebtAmount>
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<us-gaap:ExtinguishmentOfDebtAmount contextRef="C_20180601to20190531" decimals="0" id="Fxbrl_20210624233133942" unitRef="USD"> 2466 </us-gaap:ExtinguishmentOfDebtAmount>
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<p style="margin-top:0pt;margin-left:18pt;text-indent:-18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span><span><span><span><span><span><span><span><span><span><span><span><span>4.<span style="width:10.49pt;text-indent:0pt;display:inline-block"> </span>Common Stock</span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></p> <p style="margin-left:40pt;text-indent:-18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span><span><span><span><span><span><span>On January 14, 2020, the Company amended the Company's Articles of Incorporation to increase the authorized number of shares of the Company's common stock from 500,000,000 shares of common stock to 2,000,000,000 shares of common stock.</span></span></span></span></span></span></span></span></span></span></p> <p style="text-indent:18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">Stock transactions during the year ended May 31, 2020:</span></span></p> <p style="margin-left:36pt;text-indent:-18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span><span><span><span><span><span><span><span><span><span><span><span><span>a)<span style="width:7pt;text-indent:0pt;display:inline-block"> </span>On August 23, 2019, the Company issued 16,200,000 shares of common stock pursuant to a private placement for cash proceeds of $60,862 (Cdn$81,000) received during the year ended May 31, 2019.</span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></p> <p style="margin-left:36pt;text-indent:-18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span><span><span><span><span><span><span><span><span><span><span><span><span>b)<span style="width:7pt;text-indent:0pt;display:inline-block"> </span>On August 23, 2019, the Company issued 5,000,000 shares of common stock pursuant to a private placement for cash proceeds of $12,349 (Cdn$16,500).</span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></p> <p style="margin-left:36pt;text-indent:-18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span><span><span><span><span><span><span><span><span><span><span><span><span>c)<span style="width:7.51pt;text-indent:0pt;display:inline-block"> </span>On August 23, 2019, the Company issued 1,500,000 shares of common stock with a fair value of $3,000 to settle accounts payable of $4,887 (Cdn$6,500), resulting in a gain on settlement of $1,887.</span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></p> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;color:rgb(0, 0, 0);text-align:justify;text-indent:-18pt;font-style:normal;font-weight:400;margin-left:48px;margin-top:0pt;margin-bottom:0pt"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span>d)   </span></span>On February 3, 2020, the Company agreed to issue 8,100,000 shares of common stock with a fair value of $24,300 to settle accounts payable of $18,225, resulting in a loss of $6,075. The common stock was issued on March 13, 2020.</span></span></p> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;color:rgb(0, 0, 0);text-align:justify;text-indent:-18pt;font-style:normal;font-weight:400;margin-left:48px;margin-top:0pt;margin-bottom:0pt"> </p> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;color:rgb(0, 0, 0);text-align:justify;text-indent:-18pt;font-style:normal;font-weight:400;margin-left:48px;margin-top:0pt;margin-bottom:0pt"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span>e)    </span></span>On February 13, 2020, the Company agreed to issue 33,666,666 shares of common stock with a fair value of $101,000 to settle accounts payable of $76,173, resulting in a loss on settlement of $24,827. The common stock was issued on March 13, 2020.</span></span></p> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;color:rgb(0, 0, 0);text-align:justify;text-indent:-18pt;font-style:normal;font-weight:400;margin-left:48px;margin-top:0pt;margin-bottom:0pt"> </p> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;color:rgb(0, 0, 0);text-align:justify;text-indent:-18pt;font-style:normal;font-weight:400;margin-left:48px;margin-top:0pt;margin-bottom:0pt"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span>f)    </span></span>On February 13, 2020, the Company agreed to issue 20,000,000 shares of common stock with a fair value of $60,000 to settle related party accounts payable of $45,251, resulting in a loss on settlement of $14,749. The common stock was issued on March 13, 2020.</span></span></p> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;color:rgb(0, 0, 0);text-align:justify;text-indent:-18pt;font-style:normal;font-weight:400;margin-left:48px;margin-top:0pt;margin-bottom:0pt"> </p> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;color:rgb(0, 0, 0);text-align:justify;text-indent:-18pt;font-style:normal;font-weight:400;margin-left:48px;margin-top:0pt;margin-bottom:0pt"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span><span><span><span><span><span><span><span><span><span><span><span><span>g)<span style="width:7pt;text-indent:0pt;display:inline-block"> </span></span></span></span></span></span></span></span></span></span></span></span></span></span></span>On March 13, 2020, the Company issued 15,000,000 shares of common stock with a fair value of $30,000 to settle accounts payable of $32,348 (Cdn$45,000) resulting in a gain on settlement of $2,350.</span></span></p> <p style="font-size:10pt;font-family:Times New Roman, Times, serif;color:rgb(0, 0, 0);text-align:justify;text-indent:-18pt;font-style:normal;font-weight:400;margin-left:48px;margin-top:0pt;margin-bottom:0pt"> </p> <p style="margin-left:36pt;text-indent:-18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span style="text-align:justify;text-indent:-24px;color:rgb(0, 0, 0);font-style:normal;font-weight:400">h)</span><span style="color:#000000;font-family:Times New Roman;font-size:13.3333px;font-style:normal;font-variant-ligatures:normal;font-weight:400;text-align:justify;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial;width:10pt;text-indent:0pt;display:inline-block"> </span><span style="text-align:justify;text-indent:-24px;color:rgb(0, 0, 0);font-style:normal;font-weight:400">On March 13, 2020, the Company issued 53,888,889 shares of common stock pursuant to a private placement for cash proceeds of $121,250. The Company had also incurred share issuance costs of $20,488, resulting in net cash proceeds of $100,762.</span></span></span></p> <p style="margin-left:36pt;text-indent:-18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span style="text-align:justify;text-indent:-24px;color:rgb(0, 0, 0);font-style:normal;font-weight:400">i)</span><span style="color:#000000;font-family:Times New Roman;font-size:13.3333px;font-style:normal;font-variant-ligatures:normal;font-weight:400;text-align:justify;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial;width:12pt;text-indent:0pt;display:inline-block"> </span><span style="text-align:justify;text-indent:-24px;color:rgb(0, 0, 0);font-style:normal;font-weight:400">On May 29, 2020, the Company agreed to issue 500,000 shares of common stock with a fair value of $1,000 to settle $1,085 (Cdn$1,500) resulting in a gain on settlement of $85. These shares were issued subsequent to May 31, 2020 as described in Note 9.</span></span></span></p> <p style="margin-left:36pt;text-indent:-18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span style="text-align:justify;text-indent:-24px;color:rgb(0, 0, 0);font-style:normal;font-weight:400">j)</span><span style="color:#000000;font-family:Times New Roman;font-size:13.3333px;font-style:normal;font-variant-ligatures:normal;font-weight:400;text-align:justify;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial;width:12pt;text-indent:0pt;display:inline-block"> </span><span style="text-align:justify;text-indent:-24px;color:rgb(0, 0, 0);font-style:normal;font-weight:400">During the year ended May 31, 2020, the Company received cash proceeds of $9,736 for the issuance of 4,500,000 common shares. These shares were issued subsequent to May 31, 2020 as described in Note 9.</span></span></span></p> <p style="margin-left:40pt;text-indent:-18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">Stock transactions during the year ended May 31, 2019:</span></span></p> <p style="margin-left:40pt;text-indent:-18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span><span><span><span style="text-align:justify;text-indent:-24px;-webkit-text-stroke-width:0px"><span><span><span style="font-style:normal"><span style="font-variant-ligatures:normal"><span style="font-variant-caps:normal"><span style="font-weight:400"><span style="letter-spacing:normal"><span style="orphans:2"><span style="text-transform:none"><span style="white-space:normal"><span style="widows:2"><span style="word-spacing:0px"><span style="text-decoration-style:initial"><span style="text-decoration-color:initial"><span style="display:inline"><span style="float:none">a)   </span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span>During the year ended May 31, 2019, the Company issued 21,450,000 shares of common stock with a fair value of $85,800 to settle accounts payable of $82,714, resulting in a loss on settlement of $3,086.</span></span></p> <p style="margin-left:40pt;text-indent:-18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span><span><span><span style="text-align:justify;text-indent:-24px;-webkit-text-stroke-width:0px"><span><span><span style="font-style:normal"><span style="font-variant-ligatures:normal"><span style="font-variant-caps:normal"><span style="font-weight:400"><span style="letter-spacing:normal"><span style="orphans:2"><span style="text-transform:none"><span style="white-space:normal"><span style="widows:2"><span style="word-spacing:0px"><span style="text-decoration-style:initial"><span style="text-decoration-color:initial"><span style="display:inline"><span style="float:none">b)   </span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span>During the year ended May 31, 2019, the Company issued 6,800,000 shares of common stock pursuant to a private placement at Cdn$0.005 per share for proceeds of $25,997 (Cdn$34,000).</span></span></p> <p style="margin-left:40pt;text-indent:-18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span><span><span><span style="text-align:justify;text-indent:-24px;-webkit-text-stroke-width:0px"><span><span><span style="font-style:normal"><span style="font-variant-ligatures:normal"><span style="font-variant-caps:normal"><span style="font-weight:400"><span style="letter-spacing:normal"><span style="orphans:2"><span style="text-transform:none"><span style="white-space:normal"><span style="widows:2"><span style="word-spacing:0px"><span style="text-decoration-style:initial"><span style="text-decoration-color:initial"><span style="display:inline"><span style="float:none">c)   </span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span>During the year ended May 31, 2019, the Company issued 17,000,000 shares of common stock pursuant to a private placement at Cdn$0.005 per share for proceeds of $66,328 (Cdn$85,000) which were received during the year ended May 31, 2018.</span></span></p> <p style="margin-left:40pt;text-indent:-18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span><span><span><span><span><span><span><span><span><span><span><span><span>d</span></span></span></span></span></span></span></span><span><span><span><span><span><span><span><span> </span></span></span></span></span></span></span></span></span></span></span></span></span></span>During the year ended May 31, 2019, the Company received cash proceeds of $60,862 (Cdn$81,000) relating to share subscriptions. The shares were unissued at May 31, 2019 and the amounts received for these shares have been reflected in stock subscriptions received in the balance sheet. On August 23, 2019, the Company issued the subscribers 16,200,000 shares of common stock as described in Note 9(a).</span></span></p> <p style="margin-left:40pt;text-indent:-18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">At May 31, 2020 and 2019, the Company had no dilutive shares, or common stock equivalents.</span></span></p>
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<p style="margin-left:18pt;text-indent:-18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span><span><span><span><span>5.<span style="width:10.49pt;text-indent:0pt;display:inline-block"> </span>Stock-based Compensation</span></span></span></span></span></span></span></span></p> <p style="margin-left:18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span><span><span><span><span>On May 28, 2010, the Board of Directors of the Company adopted the 2010 Stock Plan (the "Plan"). The maximum number of shares of the Company's common stock available for issuance under the Plan is 10,294,500 shares. An aggregate of 5,147,250 shares may be issued under stock options and an aggregate of 5,147,250 shares may be issued in the form of restricted shares. </span></span></span></span></span></span>As at May 31, 2020, there were none issued.</span></span></p> <p style="margin-left:18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">At May 31, 2020 and 2019, the Company had no outstanding or exercisable stock options.</span></span></p>
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<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized contextRef="C_20100528_usgaapAwardTypeAxis_usgaapRestrictedStockMember" decimals="INF" id="Fxbrl_20191018001348948" unitRef="shares"> 5147250 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized>
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<p style="margin-left:18pt;text-indent:-18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span><span><span><span><span>6.<span style="width:10.49pt;text-indent:0pt;display:inline-block"> </span>Commitments</span></span></span></span></span></span></span></span></p> <p style="margin-left:36pt;text-indent:-18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span><span><span><span><span>(a)<span style="width:7pt;text-indent:0pt;display:inline-block"> </span></span></span></span></span></span></span>On January 31, 2007, the Company entered into a consulting agreement with a company whereby it has agreed to pay $7,530 (Cdn$10,000) per month. The Company is obligated to issue a bonus of 5% of the Company's issued and outstanding common shares as of the date of the payment of the bonus upon and only in the event of the discovery of a major commercially viable mineral resource deposit. As at May 31, 2020, the Company has not issued a bonus. During the year ended May 31, 2020, the Company recorded consulting fees of $89,286 (Cdn$120,000). During the year ended May 31, 2019, the Company recorded consulting fees of $90,763 (Cdn$120,000).</span></span></p> <p style="margin-left:36pt;text-indent:-18pt;text-align:justify"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif"><span><span><span><span><span><span>(b)<span style="width:7pt;text-indent:0pt;display:inline-block"> </span></span></span></span></span></span></span>On April 19, 2016, the Company signed a Share Purchase Agreement with a Director of the Company, whereby the Company will issue, in a private placement, 400,000,000 shares of common stock of the Company in consideration for one-third of the net proceeds that the Director will receive from the sale of the Director's 15% interest in Decision-Zone Inc. The Agreement is subject to the Company increasing its authorized capital of common stock to allow for the issuance of the shares to the Director. As of the date of this filing, the agreement has not yet closed.</span></span></p>
</us-gaap:CommitmentsDisclosureTextBlock>
<wolv:ConsultingAgreementMonthlyPayment contextRef="C_20190601to20200531" decimals="0" id="Fxbrl_20210624233357839" unitRef="USD"> 7530 </wolv:ConsultingAgreementMonthlyPayment>
<wolv:ConsultingAgreementMonthlyPayment contextRef="C_20190601to20200531" decimals="0" id="Fxbrl_20210624233405038" unitRef="CAD"> 10000 </wolv:ConsultingAgreementMonthlyPayment>
<wolv:ConsultingFees contextRef="C_20190601to20200531" decimals="0" id="Fxbrl_20210624233434778" unitRef="USD"> 89286 </wolv:ConsultingFees>
<wolv:ConsultingFees contextRef="C_20190601to20200531" decimals="0" id="Fxbrl_20210624233442108" unitRef="CAD"> 120000 </wolv:ConsultingFees>
<wolv:ConsultingFees contextRef="C_20180601to20190531" decimals="0" id="Fxbrl_20210624233451416" unitRef="USD"> 90763 </wolv:ConsultingFees>
<wolv:ConsultingFees contextRef="C_20180601to20190531" decimals="0" id="Fxbrl_20210624233458669" unitRef="CAD"> 120000 </wolv:ConsultingFees>
<us-gaap:BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued contextRef="C_20160401to20160419_usgaapRelatedPartyTransactionsByRelatedPartyAxis_wolvDecisionzoneIncMember" decimals="0" id="Fxbrl_20210624233510940" unitRef="shares"> 400000000 </us-gaap:BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued>
<us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="C_20160419_usgaapRelatedPartyTransactionsByRelatedPartyAxis_wolvDecisionzoneIncMember" decimals="2" id="Fxbrl_20210624233527968" unitRef="pure"> 0.15 </us-gaap:EquityMethodInvestmentOwnershipPercentage>
<us-gaap:DebtDisclosureTextBlock contextRef="C_20180601to20190531" id="Fxbrl_20200720120851292">
<div> <p style="margin-top:0pt;margin-left:25px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">7.<span style="width:10.49pt;text-indent:0pt;display:inline-block"> </span>Debt Extinguishment</span></p> <p style="margin-top:0pt;margin-left:25px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:25px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif">During the year ended May 31, 2020, the Company recorded a gain on extinguishment of debt of $2,747 (2019 - $2,466) upon the extinguishment of $2,747 (2019 - $2,466) of liabilities included in accounts payable for which the Company was legally given relief from.</p> </div>
</us-gaap:DebtDisclosureTextBlock>
<us-gaap:IncomeTaxDisclosureTextBlock contextRef="C_20190601to20200531" id="Fxbrl_20200720151223704">
<div> <p style="margin-top:0pt;margin-left:25px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">8.<span style="width:10.49pt;text-indent:0pt;display:inline-block"> </span>Income Taxes</span></p> <p style="margin-top:0pt;margin-left:25px;margin-bottom:0pt;text-align:justify;text-indent:-18pt;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:25px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif">The Company has net operating losses carried forward of $4,374,644 available to offset taxable income in future years which expires beginning in fiscal 2027. Under section 382 of the Internal Revenue Code such a change in control negates much of the tax loss carry forward and deferred income tax. The Company is subject to examination by the IRS for tax years 2014 to 2020.  The Company is also subject to income tax in Canada. </p> <p style="margin-top:0pt;margin-left:25px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:25px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif">The Company was subject to United States federal and state income taxes at an approximate rate of 21% for the years ended May 31, 2020 and 2019. </p> <p style="margin-top:0pt;margin-left:25px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <p style="margin-top:0pt;margin-left:25px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">The reconciliation of the provision for income taxes at the United States federal statutory rate compared to the Company's income tax expense as reported is as follows:</span></p> <p style="margin-top:0pt;margin-left:25px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <div> <div style="margin-left:25px;text-align:start"> <table style="width:100%;border-collapse:collapse;font-size:14px;border:0px"> <tr> <td style="padding-right:7px;padding-left:7px;vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">2020<br/>$</span></td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">2019<br/>$</span></td> <td style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="padding-right:7px;padding-left:7px;vertical-align:bottom;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Income tax recovery at statutory rate</span></td> <td style="vertical-align:bottom;text-align:left;width:11.8182px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:141.818px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">(61,355</span></td> <td style="vertical-align:bottom;text-align:left;width:23.6364px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">)</span></td> <td style="vertical-align:bottom;text-align:left;width:11.8182px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:141.818px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">(48,432</span></td> <td style="vertical-align:bottom;text-align:left;width:23.6364px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">)</span></td> </tr> <tr> <td style="border-bottom:1px solid #000000;padding-right:7px;padding-left:7px;vertical-align:bottom"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Valuation allowance change<span style="width:34.52pt;display:inline-block"> </span></span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:11.8182px"> </td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:right;width:141.818px"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">(61,355</span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:23.6364px"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">)</span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:11.8182px"> </td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:right;width:141.818px"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">(48,432</span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:23.6364px"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">) </span></td> </tr> <tr> <td style="border-bottom:2px solid #000000;padding-right:7px;padding-left:7px;vertical-align:bottom;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Provision for income taxes</span></td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:left;width:11.8182px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:right;width:141.818px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400"></span></td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:left;width:23.6364px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:left;width:11.8182px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:right;width:141.818px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400"></span></td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:left;width:23.6364px;background-color:#e6efff;background-color:#e6efff"> </td> </tr> </table> </div> </div> <p style="margin:0pt"> </p> <p style="margin-top:0pt;margin-left:25px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif">The significant components of deferred income tax assets and liabilities at May 31, 2020 and 2019, are as follows:</p> <p style="margin-top:0pt;margin-left:25px;margin-bottom:0pt;text-align:justify;font-size:10pt;font-family:Times New Roman, Times, serif"> </p> <div> <div style="margin-left:25px;text-align:start"> <table style="width:100%;border-collapse:collapse;font-size:14px;border:0px"> <tr> <td style="padding-right:7px;padding-left:7px;vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">2020<br/>$</span></td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">2019<br/>$</span></td> <td style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="padding-right:7px;padding-left:7px;vertical-align:bottom;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Mineral property costs</span></td> <td style="vertical-align:bottom;text-align:left;width:11.8182px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:141.818px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">299,971</span></td> <td style="vertical-align:bottom;text-align:left;width:23.6364px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:11.8182px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:141.818px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">299,971</span></td> <td style="vertical-align:bottom;text-align:left;width:23.6364px;background-color:#e6efff;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:1px solid #000000;padding-right:7px;padding-left:7px;vertical-align:bottom"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Net operating losses carried forward</span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:11.8182px"> </td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:right;width:141.818px"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">918,675</span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:23.6364px"> </td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:11.8182px"> </td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:right;width:141.818px"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">857,320</span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:23.6364px"> </td> </tr> <tr> <td style="padding-right:7px;padding-left:7px;vertical-align:bottom;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Gross deferred income tax assets</span></td> <td style="vertical-align:bottom;text-align:left;width:11.8182px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:141.818px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">1,218,646</span></td> <td style="vertical-align:bottom;text-align:left;width:23.6364px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:11.8182px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:141.818px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">1,157,291</span></td> <td style="vertical-align:bottom;text-align:left;width:23.6364px;background-color:#e6efff;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:1px solid #000000;padding-right:7px;padding-left:7px;vertical-align:bottom"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Valuation allowance</span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:11.8182px"> </td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:right;width:141.818px"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">(1,218,646</span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:23.6364px"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">)</span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:11.8182px"> </td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:right;width:141.818px"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">(1,157,291</span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:23.6364px"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">)</span></td> </tr> <tr> <td style="border-bottom:2px solid #000000;padding-right:7px;padding-left:7px;vertical-align:bottom;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Net deferred income tax asset</span></td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:left;width:11.8182px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:right;width:141.818px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400"></span></td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:left;width:23.6364px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:left;width:11.8182px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:right;width:141.818px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400"></span></td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:left;width:23.6364px;background-color:#e6efff;background-color:#e6efff"> </td> </tr> </table> </div> </div> </div>
</us-gaap:IncomeTaxDisclosureTextBlock>
<us-gaap:OperatingLossCarryforwards contextRef="C_20200531" decimals="0" id="Fxbrl_20210624232736113" unitRef="USD"> 4374644 </us-gaap:OperatingLossCarryforwards>
<us-gaap:EffectiveIncomeTaxRateContinuingOperations contextRef="C_20180601to20190531" decimals="2" id="Fxbrl_202106242327427550" unitRef="pure"> 0.21 </us-gaap:EffectiveIncomeTaxRateContinuingOperations>
<us-gaap:EffectiveIncomeTaxRateContinuingOperations contextRef="C_20190601to20200531" decimals="2" id="Fxbrl_20210624232742755" unitRef="pure"> 0.21 </us-gaap:EffectiveIncomeTaxRateContinuingOperations>
<us-gaap:ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock contextRef="C_20190601to20200531" id="Fxbrl_20200720150958423">
<div> <div style="margin-left:25px;text-align:start"> <table style="width:100%;border-collapse:collapse;font-size:14px;border:0px"> <tr> <td style="padding-right:7px;padding-left:7px;vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">2020<br/>$</span></td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">2019<br/>$</span></td> <td style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="padding-right:7px;padding-left:7px;vertical-align:bottom;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Income tax recovery at statutory rate</span></td> <td style="vertical-align:bottom;text-align:left;width:11.8182px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:141.818px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">(61,355</span></td> <td style="vertical-align:bottom;text-align:left;width:23.6364px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">)</span></td> <td style="vertical-align:bottom;text-align:left;width:11.8182px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:141.818px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">(48,432</span></td> <td style="vertical-align:bottom;text-align:left;width:23.6364px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">)</span></td> </tr> <tr> <td style="border-bottom:1px solid #000000;padding-right:7px;padding-left:7px;vertical-align:bottom"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Valuation allowance change<span style="width:34.52pt;display:inline-block"> </span></span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:11.8182px"> </td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:right;width:141.818px"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">(61,355</span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:23.6364px"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">)</span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:11.8182px"> </td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:right;width:141.818px"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">(48,432</span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:23.6364px"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">) </span></td> </tr> <tr> <td style="border-bottom:2px solid #000000;padding-right:7px;padding-left:7px;vertical-align:bottom;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Provision for income taxes</span></td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:left;width:11.8182px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:right;width:141.818px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400"></span></td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:left;width:23.6364px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:left;width:11.8182px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:right;width:141.818px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400"></span></td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:left;width:23.6364px;background-color:#e6efff;background-color:#e6efff"> </td> </tr> </table> </div> </div>
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<us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate contextRef="C_20190601to20200531" decimals="0" id="Fxbrl_20200720132006853" unitRef="USD"> -61355 </us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate>
<us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate contextRef="C_20180601to20190531" decimals="0" id="Fxbrl_20200720132016845" unitRef="USD"> -48432 </us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate>
<us-gaap:IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance contextRef="C_20190601to20200531" decimals="0" id="Fxbrl_20200720132033374" unitRef="USD"> 61355 </us-gaap:IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance>
<us-gaap:IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance contextRef="C_20180601to20190531" decimals="0" id="Fxbrl_20200720132042261" unitRef="USD"> 48432 </us-gaap:IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance>
<us-gaap:IncomeTaxExpenseBenefit contextRef="C_20190601to20200531" decimals="0" id="Fxbrl_20200720132117942" unitRef="USD"> 0 </us-gaap:IncomeTaxExpenseBenefit>
<us-gaap:IncomeTaxExpenseBenefit contextRef="C_20180601to20190531" decimals="0" id="Fxbrl_20200720132124270" unitRef="USD"> 0 </us-gaap:IncomeTaxExpenseBenefit>
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<div> <div style="margin-left:25px;text-align:start"> <table style="width:100%;border-collapse:collapse;font-size:14px;border:0px"> <tr> <td style="padding-right:7px;padding-left:7px;vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">2020<br/>$</span></td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"> </td> <td style="vertical-align:bottom;text-align:center"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">2019<br/>$</span></td> <td style="vertical-align:bottom;text-align:center"> </td> </tr> <tr> <td style="padding-right:7px;padding-left:7px;vertical-align:bottom;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Mineral property costs</span></td> <td style="vertical-align:bottom;text-align:left;width:11.8182px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:141.818px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">299,971</span></td> <td style="vertical-align:bottom;text-align:left;width:23.6364px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:11.8182px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:141.818px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">299,971</span></td> <td style="vertical-align:bottom;text-align:left;width:23.6364px;background-color:#e6efff;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:1px solid #000000;padding-right:7px;padding-left:7px;vertical-align:bottom"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Net operating losses carried forward</span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:11.8182px"> </td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:right;width:141.818px"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">918,675</span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:23.6364px"> </td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:11.8182px"> </td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:right;width:141.818px"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">857,320</span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:23.6364px"> </td> </tr> <tr> <td style="padding-right:7px;padding-left:7px;vertical-align:bottom;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Gross deferred income tax assets</span></td> <td style="vertical-align:bottom;text-align:left;width:11.8182px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:141.818px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">1,218,646</span></td> <td style="vertical-align:bottom;text-align:left;width:23.6364px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:left;width:11.8182px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="vertical-align:bottom;text-align:right;width:141.818px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">1,157,291</span></td> <td style="vertical-align:bottom;text-align:left;width:23.6364px;background-color:#e6efff;background-color:#e6efff"> </td> </tr> <tr> <td style="border-bottom:1px solid #000000;padding-right:7px;padding-left:7px;vertical-align:bottom"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Valuation allowance</span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:11.8182px"> </td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:right;width:141.818px"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">(1,218,646</span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:23.6364px"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">)</span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:11.8182px"> </td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:right;width:141.818px"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">(1,157,291</span></td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;text-align:left;width:23.6364px"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">)</span></td> </tr> <tr> <td style="border-bottom:2px solid #000000;padding-right:7px;padding-left:7px;vertical-align:bottom;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400">Net deferred income tax asset</span></td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:left;width:11.8182px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:right;width:141.818px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400"></span></td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:left;width:23.6364px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:left;width:11.8182px;background-color:#e6efff;background-color:#e6efff"> </td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:right;width:141.818px;background-color:#e6efff;background-color:#e6efff"><span style="font-size:13.3333px;color:rgb(0, 0, 0);font-family:Times New Roman;font-style:normal;font-weight:400"></span></td> <td style="border-bottom:2px solid #000000;vertical-align:bottom;text-align:left;width:23.6364px;background-color:#e6efff;background-color:#e6efff"> </td> </tr> </table> </div> </div>
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<us-gaap:DeferredTaxAssetsPropertyPlantAndEquipment contextRef="C_20200531" decimals="0" id="Fxbrl_20200720132331289" unitRef="USD"> 299971 </us-gaap:DeferredTaxAssetsPropertyPlantAndEquipment>
<us-gaap:DeferredTaxAssetsPropertyPlantAndEquipment contextRef="C_20190531" decimals="0" id="Fxbrl_20200720132336522" unitRef="USD"> 299971 </us-gaap:DeferredTaxAssetsPropertyPlantAndEquipment>
<us-gaap:DeferredTaxAssetsOperatingLossCarryforwards contextRef="C_20200531" decimals="0" id="Fxbrl_20200720132446869" unitRef="USD"> 918675 </us-gaap:DeferredTaxAssetsOperatingLossCarryforwards>
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<us-gaap:DeferredTaxAssetsGross contextRef="C_20190531" decimals="0" id="Fxbrl_20200720132728795" unitRef="USD"> 1157291 </us-gaap:DeferredTaxAssetsGross>
<us-gaap:DeferredTaxAssetsValuationAllowance contextRef="C_20200531" decimals="0" id="Fxbrl_20200720132752573" unitRef="USD"> 1218646 </us-gaap:DeferredTaxAssetsValuationAllowance>
<us-gaap:DeferredTaxAssetsValuationAllowance contextRef="C_20190531" decimals="0" id="Fxbrl_20200720132759278" unitRef="USD"> 1157291 </us-gaap:DeferredTaxAssetsValuationAllowance>
<us-gaap:DeferredTaxAssetsNet contextRef="C_20200531" decimals="0" id="Fxbrl_20200720132822956" unitRef="USD"> 0 </us-gaap:DeferredTaxAssetsNet>
<us-gaap:DeferredTaxAssetsNet contextRef="C_20190531" decimals="0" id="Fxbrl_20200720132832013" unitRef="USD"> 0 </us-gaap:DeferredTaxAssetsNet>
<us-gaap:SubsequentEventsTextBlock contextRef="C_20190601to20200531" id="Fxbrl_20191018143635705">
<p><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">9. <span style="width:10.49pt;text-indent:0pt;display:inline-block"> </span>Subsequent Events</span></span></p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;margin-left:20pt">On September 25, 2020, the Company issued 4,500,000 shares of our common stock in a private placement for proceeds of $9,715 received prior to May 31, 2020.</p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;margin-left:20pt"> </p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;margin-left:20pt">On September 25, 2020, we issued 500,000 shares of our common stock pursuant to a debt settlement agreement to settle $1,085 of debt.</p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;margin-left:20pt"> </p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;margin-left:20pt;text-align:justify">Subsequent to May 31, 2021, the Company received cash proceeds of $45,000 (Cdn$55,000) for the subscription of 22,000,000 shares of common stock pursuant to a private placement. As of the date of these financial statements the shares had yet to be issued.</p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;margin-left:20pt"> </p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;margin-left:20pt;text-align:justify">Subsequent to May 31, 2021, the Company received cash proceeds of $4,149 for the subscription of 2,000,000 shares of common stock pursuant to a private placement. As of the date of these financial statements the shares had yet to be issued.</p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;margin-left:20pt"> </p> <p style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman, Times, serif;margin-left:20pt;text-align:justify">The Company has evaluated subsequent events through the date which the financial statements were available to be issued. All subsequent events requiring recognition as of May 31, 2020, have been incorporated into these financial statements and there are no subsequent events that require disclosure in accordance with FASB ASC Topic 855, "Subsequent Events", other than as shown above.</p>
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</xbrl>


4 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/19/16  Wolverine Resources Corp.         8-K:1,9     4/19/16    2:87K                                    Newsfile Corp./FA
 8/11/15  Wolverine Resources Corp.         8-K:5,8,9   8/11/15    2:1.7M                                   Newsfile Corp./FA
 9/17/13  Wolverine Resources Corp.         8-K:5,9     9/13/13    2:114K                                   Newsfile Corp./FA
 7/15/08  Wolverine Resources Corp.         S-1                   12:4.2M                                   Fox Curtis W
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