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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 1 – NATURE OF BUSINESS</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Nature of Business</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Altus Explorations, Inc. (the “Company”) was incorporated
in the state of Nevada on November 2, 2001.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On October 1, 2010, Altus entered into a Share
Exchange Agreement (the “Agreement”) with UWD Unitas World Development Inc. (“UWD”), a privately held Canadian
incorporated company. Pursuant to the Agreement, Altus issued 80,000,000 shares of common stock for the acquisition of 450 shares
of common stock of The Canadian Tactical Training Academy Inc., representing 100% of the issued and outstanding shares of common
stock, which were held by UWD. Further, Altus changed its name to Canadian Tactical Training Academy Inc. and increased the authorized
share capital from 40,000,000 to 250,000,000 shares of common stock and then further from 250,000,000 to 450,000,000. The Company
assumed the business Canadian Tactical Training Academy Inc., which is the training of law enforcement, security, investigation
and protection for officers and individuals.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 2, 2014 the Company changed its name
to Earth Life Sciences Inc. On June 12, 2015, the Company, through an option agreement, issued 225,000,000 shares to earn the mineral
rights for the White Channel mineral claims located in British Columbia.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">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 is unlikely to pay dividends or generate significant earnings in the immediate or foreseeable future.
The continuation of the Company as a going concern and the ability of the Company to emerge from the Development stage are dependent
upon management’s successful efforts to raise additional equity financing to continue operations and generate sustainable
significant revenues.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">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. The Company will require significant additional financial
resources and will be dependent on future financings to fund its ongoing operations as well as other working capital requirements.
There is no guarantee that management will be able to raise adequate equity financings or generate profits from operations. These
factors raise substantial doubt regarding the Company’s ability to continue as a going concern.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Management of the Company has undertaken steps
as part of a plan with the goal of sustaining Company operations for the next twelve months and beyond. These steps include: (a)
continuing efforts to raise additional capital and/or other forms of financing; and (b) controlling overhead and expenses. Management
is aware that material uncertainties exist, related to current economic conditions, which could cast a doubt about the Company’s
ability to continue to finance its activities. It is to be expected that the Company may incur further losses in the Development
of its business and there can be no assurance that any of these efforts will be successful.</p>
<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0pt; margin-top: 0; margin-bottom: 0; margin-left: 0"><b>NOTE
2 – SUMMARY OF ACCOUNTING POLICIES</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0pt; margin-top: 0; margin-bottom: 0; margin-left: 0"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Basis of Presentation</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The financial statements of the Company have
been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”)
and are expressed in U.S. dollars. The Company’s fiscal year-end is December 31. The functional currency of the Company is
Canadian Dollars</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Use of Estimates</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of financial statements in
conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities
and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues
and expenses during the reporting periods. Actual results could materially differ from those estimates and assumptions. Significant
areas requiring the use of management estimates relate to the determination of impairment of long-lived assets, expected tax rates
for future income tax recoveries and determining the fair values of financial instruments.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Equipment</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Equipment is recorded at cost. Additions are
capitalized and maintenance and repairs are charged to expense as incurred. Gains and losses on dispositions of equipment are reflected
in operations. Depreciation is provided using the straight-line method over the estimated useful lives of the assets which is three
years for computers.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Impairment of Assets</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company reviews the carrying value of its
long-lived assets annually or whenever events or changes in circumstances indicate that the historical carrying value of an asset
may no longer be appropriate. The Company assesses recoverability of the carrying value cost of the asset by estimating the future
net cash flows expected to result from the asset, including eventual disposition. If the future net cash flows are less than the
carrying value of the asset, an impairment loss is recorded equal to the difference between the asset’s carrying value and
fair value.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Other Comprehensive Income</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company reports and displays comprehensive
income and its components in the financial statements. During the period ended March 31, 2017 and, 2016, the Company had unrealized
foreign exchange of $nil in 2017 and $nil in 2016 respectively.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Income Taxes</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company uses the asset and liability method
of accounting for income taxes. Under this method, deferred income tax assets and liabilities are recognized for the future tax
consequences attributable to temporary differences between the financial statements carrying amounts of assets and liabilities
and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable
income in the years in which those temporary differences are expected to be recovered or settled.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company recognizes the financial statement
benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position
following an audit. For tax positions meeting this standard, the amount recognized in the financial statements is the largest benefit
that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Basic and Diluted Loss per Share</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Basic loss per share is computed using the
weighted average number of common shares outstanding during the year. Diluted earnings per share reflect the potential dilution
that could occur if potentially dilutive securities were exercised or converted to common stock. The dilutive effect of options
and warrants and their equivalent is computed by application of the treasury stock method and the effect of convertible securities
by the “if converted” method. For the years presented, diluted loss per share is equal to basic loss per share as the
effect of the computations are anti-dilutive.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Financial Instruments</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The carrying value of the Company’s financial
instruments, consisting of cash, accounts payable, convertible loans and subscriptions received in advance approximates their fair
value. Unless otherwise noted, it is management’s opinion that the Company is not exposed to significant interest, currency
or credit risks arising from these financial instruments.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Stock-based Compensation</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Compensation cost related to share-based payments,
such as stock options and employee stock purchase plans, are recognized in the financial statements based on the grant-date fair
value of the award. The compensation cost associated with the issuance of stock options will be recognized over its vesting period
based on the estimated grant-date fair value.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Stock awards outstanding under the Company’s
current plans are fully vested, therefore there is no unrecognized compensation cost related to non-vested options. No options
were granted or exercised during the periods ended March 31, 2017 and 2016.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Recent Accounting Pronouncements</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In August 2014, FASB issued Accounting Standards
Update (ASU) No. 2014-15 <i>Preparation of Financial Statements – Going Concern (Subtopic 205-40), Disclosure of Uncertainties
about an Entity’s Ability to Continue as a Going Concern. </i>Under generally accepted accounting principles (GAAP), continuation
of a reporting entity as a going concern is presumed as the basis for preparing financial statements unless and until the entity’s
liquidation becomes imminent. Preparation of financial statements under this presumption is commonly referred to as the going concern
basis of accounting. If and when an entity’s liquidation becomes imminent, financial statements should be prepared under
the liquidation basis of accounting in accordance with Subtopic 205-30, <i>Presentation of Financial Statements—Liquidation
Basis of Accounting</i>. Even when an entity’s liquidation is not imminent, there may be conditions or events that raise
substantial doubt about the entity’s ability to continue as a going concern. In those situations, financial statements should
continue to be prepared under the going concern basis of accounting, but the amendments in this Update should be followed to determine
whether to disclose information about the relevant conditions and events. The amendments in this Update are effective for the annual
period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. The
Company will evaluate the going concern considerations in this ASU, however, at the current period, management does not believe
that it has met conditions which would subject these financial statements for additional disclosure.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>NOTE 3 – MINERAL PROPERTIES</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 19, 2015, the Company entered into
an option agreement (“Agreement”) with Song Bo, a private mineral holder, to earn a 100% beneficial interest in certain
mineral concessions known as the White Channel mineral claims (the “Property”).  Under the terms of the Agreement
the Company will have the right to purchase the right, title, and interest in the Property as well as enter onto the Property to
conduct reconnaissance, exploration, and development work on the Property.  In exchange, the Company issued 225,000,000 restricted
shares and will pay the sum of $180,000 payable in instalments of $30,000 on the 15th of every month commencing July 15, 2015 through
December 15, 2015.  In addition, the Company shall pay a further $50,000 on each anniversary of the Agreement for a period
of four years commencing June 19, 2016 through June 19, 2019.  The fair value of the issuance of the restricted shares was
calculated to be $6,750,000.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Property is subject to a 4% NSR on precious
metals, and also subject to royalty payments of $0.25 per tonne on the sale of pit run products or processed products; or $0.35
per tonne on the sale of processed mineral products where the selling price of the processed minerals products sell for a price
in excess of $35 per tonne; or an amount of $1.00 per tonne on the same of processed mineral products where the selling price of
the processed mineral products sell for a price in excess of $100 per tonne. 50% of the NSR can purchased by the Company for $1,000,000
at any time before the fifth-year anniversary of the Agreement.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 4 – CONVERTIBLE LOANS PAYABLE</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">As at March 31, 2017 the Company had convertible debt of $32,720
(December 31, 2016 - $32,720).</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Loans are convertible at the shareholders’
option into common stock at a conversion rate of $0.001 per common share. The Company may prepay the without penalty or bonus.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 5 – COMMON STOCK</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On April 25, 2014, the Company converted $55,000
of its convertible debt into 184,371 shares of common stock of the Company. Pre-split, this equated to 55,000,000 shares.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">On June 2, 2015, the Company completed a reverse stock split of
40:1.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">On June 10, 2015, the Company completed a reverse stock split of
8:1.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">On June 20, 2015, the Company issued 225,000,000 common shares pursuant
to the acquisition of the White Channel property.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 24, 2015, the Company issued a total
of 45,000,000 shares to satisfy certain outstanding convertible debt in the amount of $45,000.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 6 – INCOME TAXES</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company is subject to United States federal
and state income taxes at an approximate rate of 35%. The amount taken into income as deferred income tax assets must reflect that
portion of the income tax loss carry forwards that is more likely-than-not to be realized from future operations. The Company has
chosen to provide a full valuation allowance against all available income tax loss carry forwards, regardless of their time of
expiry.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">No provision for income taxes has been provided
in these financial statements due to the net loss for the periods ended March 31, 2017 and 2016.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Basis of Presentation</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The financial statements of the Company have
been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”)
and are expressed in U.S. dollars. The Company’s fiscal year-end is December 31. The functional currency of the Company is
Canadian Dollars</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Impairment of Assets</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company reviews the carrying value of its
long-lived assets annually or whenever events or changes in circumstances indicate that the historical carrying value of an asset
may no longer be appropriate. The Company assesses recoverability of the carrying value cost of the asset by estimating the future
net cash flows expected to result from the asset, including eventual disposition. If the future net cash flows are less than the
carrying value of the asset, an impairment loss is recorded equal to the difference between the asset’s carrying value and
fair value.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Other Comprehensive Income</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company reports and displays comprehensive
income and its components in the financial statements. During the period ended March 31, 2017 and, 2016, the Company had unrealized
foreign exchange of $nil in 2017 and $nil in 2016 respectively.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Income Taxes</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company uses the asset and liability method
of accounting for income taxes. Under this method, deferred income tax assets and liabilities are recognized for the future tax
consequences attributable to temporary differences between the financial statements carrying amounts of assets and liabilities
and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable
income in the years in which those temporary differences are expected to be recovered or settled.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company recognizes the financial statement
benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position
following an audit. For tax positions meeting this standard, the amount recognized in the financial statements is the largest benefit
that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Basic and Diluted Loss per Share</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Basic loss per share is computed using the
weighted average number of common shares outstanding during the year. Diluted earnings per share reflect the potential dilution
that could occur if potentially dilutive securities were exercised or converted to common stock. The dilutive effect of options
and warrants and their equivalent is computed by application of the treasury stock method and the effect of convertible securities
by the “if converted” method. For the years presented, diluted loss per share is equal to basic loss per share as the
effect of the computations are anti-dilutive.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Financial Instruments</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The carrying value of the Company’s financial
instruments, consisting of cash, accounts payable, convertible loans and subscriptions received in advance approximates their fair
value. Unless otherwise noted, it is management’s opinion that the Company is not exposed to significant interest, currency
or credit risks arising from these financial instruments.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Stock-based Compensation</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Compensation cost related to share-based payments,
such as stock options and employee stock purchase plans, are recognized in the financial statements based on the grant-date fair
value of the award. The compensation cost associated with the issuance of stock options will be recognized over its vesting period
based on the estimated grant-date fair value.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Stock awards outstanding under the Company’s
current plans are fully vested, therefore there is no unrecognized compensation cost related to non-vested options. No options
were granted or exercised during the periods ended March 31, 2017 and 2016.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Recent Accounting Pronouncements</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In August 2014, FASB issued Accounting Standards
Update (ASU) No. 2014-15 <i>Preparation of Financial Statements – Going Concern (Subtopic 205-40), Disclosure of Uncertainties
about an Entity’s Ability to Continue as a Going Concern. </i>Under generally accepted accounting principles (GAAP), continuation
of a reporting entity as a going concern is presumed as the basis for preparing financial statements unless and until the entity’s
liquidation becomes imminent. Preparation of financial statements under this presumption is commonly referred to as the going concern
basis of accounting. If and when an entity’s liquidation becomes imminent, financial statements should be prepared under
the liquidation basis of accounting in accordance with Subtopic 205-30, <i>Presentation of Financial Statements—Liquidation
Basis of Accounting</i>. Even when an entity’s liquidation is not imminent, there may be conditions or events that raise
substantial doubt about the entity’s ability to continue as a going concern. In those situations, financial statements should
continue to be prepared under the going concern basis of accounting, but the amendments in this Update should be followed to determine
whether to disclose information about the relevant conditions and events. The amendments in this Update are effective for the annual
period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. The
Company will evaluate the going concern considerations in this ASU, however, at the current period, management does not believe
that it has met conditions which would subject these financial statements for additional disclosure.</p>
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50000
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.25
.35
1
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Equipment</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Equipment is recorded at cost. Additions are
capitalized and maintenance and repairs are charged to expense as incurred. Gains and losses on dispositions of equipment are reflected
in operations. Depreciation is provided using the straight-line method over the estimated useful lives of the assets which is three
years for computers.</p>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Use of Estimates</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of financial statements in
conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities
and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues
and expenses during the reporting periods. Actual results could materially differ from those estimates and assumptions. Significant
areas requiring the use of management estimates relate to the determination of impairment of long-lived assets, expected tax rates
for future income tax recoveries and determining the fair values of financial instruments.</p>
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8:1