Common Stock

9 Months Ended

Mar. 31, 2014

Common Stock

Common Stock

NOTE 6 – COMMON STOCK

At a shareholder meeting held October 29, 2010, shareholders authorized an increase in authorized capital from 200,000,000 to 300,000,000 common shares with a par value of $0.001. In addition, shareholders also authorized a share consolidation of 20:1. These financial statements have been restated retroactively to reflect this share consolidation.

There were 1,875,000 shares of common stock issued for a cash consideration of $0.08 per share during the period ending September 30, 2013. The shares were issued to a director of the Company.

On December 1, 2013, the Company issued 100,000 common shares to a consultant pursuant to an administrative consulting services agreement dated November 16, 2013.

Also on December 1, 2013, the Company issued 200,000 common shares to a consultant pursuant to an additional administrative consulting services agreement dated November 16, 2013.

On December 6, 2013, the Company issued 5,000,000 common shares at a price of $0.20 per share for proceeds of $1 million.

On December 16, 2013, the Company issued 6,000,000 common shares for three mineral properties.

On December 23, 2013, the Company issued 8,000,000 common shares to acquire a 24% interest in Everenergy.

On February 11, 2014, the Company issued 100,000 common shares to a consultant pursuant to an administrative consulting services agreement dated November 16, 2013.

At March 31, 2014, there are 27,778,295 common shares issued and outstanding.

There were no stock options, warrants or other potentially dilutive securities outstanding as at March 31, 2013, June 30, 2013 and September 30, 2012.