Note 18 - Supplemental Cash Flow Information

12 Months Ended

Jul. 31, 2020

Notes to Financial Statements

Cash Flow, Supplemental Disclosures [Text Block]

NOTE 1 8 : SUPPLEMENTAL CASH FLOW INFORMATION

During Fiscal

2020,

we paid

$1,626,667

(Fiscal

2019:

$1,622,222;

Fiscal

2018;

$1,622,222

) for interest on our long-term debt. During Fiscal

2020,

we paid

$116,279

(Fiscal

2019:

$113,117;

Fiscal

2018:

$118,944

) for surety bond premiums.

During Fiscal

2018,

we issued

14,634,748

shares and paid

$909,930

in cash as consideration to acquire the Reno Creek Project. In addition, we issued

353,160

shares as payment of the reimbursable expenses totaling

$483,829

and issued

217,702

shares with a fair value of

$283,013

as payment of certain transaction costs.

During Fiscal

2018,

we issued

1,625,531

shares with a fair value of

$2,617,105

and paid

$2,940,000

in cash as consideration to acquire the North Reno Creek Project. In addition, we issued

65,684

shares with a fair value of

$105,751

as payment of certain transaction costs.

During Fiscal

2018,

we issued

164,767

shares with a fair value of

$232,321

and paid

$239,120

in cash as consideration to acquire the Diabase Project.