Common Stock

12 Months Ended

Jun. 30, 2014

Equity [Abstract]

Common Stock

NOTE 7 – 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 senior officer for administrative consulting services agreement dated November 16, 2013.

On February 19, 2014, the Company issued 11,000,000 common shares to acquire a 29% in Everenergy.

On June 15, 2014, the Company issued 653,823 common shares to a director as repayment of debt.

There were no stock options, warrants or other potentially dilutive securities outstanding as at March 31, 2014 and June 30, 2014.

At June 30, 2014 there are 39,432,118 common shares issued and outstanding.