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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended 105 Months Ended
Aug. 31, 2013
Aug. 31, 2012
Aug. 31, 2013
Cash flows used in operating activities      
Net Income (loss) $ (730,904) $ (1,009,735) $ (6,124,658)
Changes to reconcile net loss to net cash used in operating activities      
Consulting - Stock based compensation 0 66,953 657,250
Depletion 0 0 298,489
Write down in carrying value of oil and gas properties 0 0 293,436
Stock issued for mineral resource and oil and gas property 0 0 37,500
Write down of oil and gas properties 337,843 0 2,919,511
Gain on disposition of oil and gas properties 0 0 (522,976)
Fair value of warrants liabilities (9,789) (291,003) (896,019)
Loss on owned securities 3,750 312,168 283,082
Equity pick-up 850 4,824 17,744
Impairment on long term investments 55,931 197,910 253,841
Imputed interest 0 0 17,396
Accrued loan interest 0 0 17,928
Other non-cash activities 0 2,958 30,153
Change in non-cash working capital items:      
Accounts receivable 46,456 (22,439) (2,519)
Prepaid expenses and deposit 3,818 33,534 17,371
Deferred charges 0 29,038 0
Accounts payable and accrued liabilities 228,158 111,888 336,689
Due to related parties (8,864) 72,000 154,273
Net cash (used in) operating activities (72,751) (491,904) (2,211,509)
Cash flows from (used in) investing activities      
Proceeds from sale of marketable securities 0 56,241 56,241
Oil and gas properties acquisition and divestment 0 0 (345,180)
Proceeds from sale of oil and gas interests 0 0 521,545
Mineral resource properties acquisition (40,000) (104,798) (231,843)
Investment in GSWPS 0 0 (103,500)
Investment in Pro Eco 0 0 (45,000)
Cash provided in connection with business acquisition 0 0 201,028
Net cash from (used in) investing activities (40,000) (48,557) 53,291
Cash flows from financing activities      
Promissory notes - related party 0 50,045 50,045
Net proceeds from subscriptions received 100,400 240,956 2,109,514
Net cash from financing activities 100,400 291,001 2,159,559
Increase (Decrease) in cash and cash equivalents (12,351) (249,460) 1,341
Cash and cash equivalents, beginning of period 13,692 263,152 0
Cash and cash equivalents, end of period 1,341 13,692 1,341
Supplemental information of cash flows      
Interest paid in cash 0 0 0
Income taxes paid in cash $ 0 $ 0 $ 0