Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Consolidated Statements of Financial Position

v3.22.2.2
Consolidated Statements of Financial Position - CAD ($)
Jun. 30, 2022
Jun. 30, 2021
Current Assets    
Cash $ 23,792,408 $ 318,844
Sales tax receivable (Note 4) 294,164 10,644
Prepaids and deposits (Note 5) 932,150 67,973
Due from related party (Note 16) 10,287
Total Current Assets 25,029,009 397,461
Exploration and evaluation assets (Note 6) 12,077,584 5,730,224
Total Assets 37,106,593 6,127,685
Current Liabilities    
Accounts payable and accrued liabilities (Note 7) 1,182,449 262,125
Due to related parties (Note 16) 110,274 279,642
Loan payable (Note 8) 201,157
Convertible debentures (Note 9) 423,139
Derivative liability (Note 10) 286,997 409,913
Total Liabilities 1,780,877 1,374,819
Shareholders’ Equity    
Share capital (Note 11) 39,733,633 5,750,252
Reserve for share-based payments (Note 13) 6,067,323 1,154,905
Reserve for warrants (Note 14) 70,295 119,233
Accumulated deficit (10,545,535) (2,271,524)
Total Shareholders’ Equity 35,325,716 4,752,866
Total Liabilities and Shareholders’ Equity $ 37,106,593 $ 6,127,685