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STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating Activities    
Net loss for the year $ (2,569,174) $ (493,640)
Adjustments to reconcile net loss to net cash used in operating activities:    
Acquired in-process research and development 2,186,917
Foreign exchange loss 35 30
Stock options issued for services 3,535
Changes in operating assets and liabilities:    
Prepaid fees 3,667 (1,827)
Accrued mineral option fees 75,000 100,000
Accounts payable and accrued liabilities 155,746 182,114
Accrued interest 72,234 82,752
Net cash used in operating activities (75,575) (127,036)
Financing Activities    
Repayment of loans payable – related party (6,061) (5,819)
Proceeds from loans payable – related party 75,000 135,000
Net cash provided by financing activities 68,939 129,181
Net (Decrease) Increase in Cash (6,636) 2,145
Cash, Beginning of Year 12,644 10,499
Cash, End of Year 6,008 12,644
Supplemental Disclosure of Cash Flow Information    
Interest
Income taxes
Non-cash Financing Activity    
Expenses paid by related party on behalf of the Company 49,533 105,947
Settlement of shareholder debt recognized in stockholders’ deficiency $ 2,015,966