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Statement of Changes in Stockholders' Equity (Deficit) (USD $)
Preferred Stock Shares
Preferred Stock Amount
Common Stock Shares
Common Stock Amount
Additional Paid in capital
Donated Capital
Deficit Accumulated During the Development Stage
Stockholders' Equity
Balance, at Nov. 18, 2005 0 0 0 0 0 0 0 0
November 30, 2005. 5,000,000 shares of common stock issued for cash of $50 to a founder, for $0.00001 per share 0 0 5,000,000 50 0 0 0 50
Donated services and rent $ 0 $ 0 $ 0 $ 0 $ 0 $ 3,000 $ 0 $ 3,000
Gain (loss) for the period from November 18, 2005 (Inception)through May 31, 2006 0 0 0 0 0 0 (4,874) (4,874)
Balances, at May. 31, 2006 0 0 5,000,000 50 0 3,000 (4,874) (1,824)
Donated services and rent 0 0 0 0 0 6,000 0 6,000
April 12, 2007, 1,004,000 shares of common stock issued for cash at $0.10 per share, minus $10,000 def off costs 0 0 1,004,000 10 90,390 0 0 90,400
Gain (loss) for the year 0 0 0 0 0 0 (47,360) (47,360)
Balances, at May. 31, 2007 0 0 6,004,000 60 90,390 9,000 (52,234) 47,216
Donated services and rent 0 0 0 0 0 4,500 0 4,500
April 16, 2008, 4,000,000 shares were returned by M. Pozzoni for cancellation 0 0 (4,000,000) (40) 40 0 0 0
April 22, 2008, forward split of 35:1 declared by directors 0 0 68,136,000 681 (681) 0 0 0
May 22, 2008, 1,000,000 units consisting of 1 share and 1 warrant exercisable at $0.40 issued for cash at $0.25 per unit 0 0 1,000,000 10 249,990 0 0 250,000
Gain (loss) for the period 0 0 0 0 0 0 (191,819) (191,819)
Balances, at May. 31, 2008 0 0 71,140,000 711 339,739 13,500 (244,053) 109,897
June 11, 2008, 1,000,000 units consisting of 1 share and 1warrant exercisable at $0.40 issued for cash at $0.25 per unit 0 0 1,000,000 10 249,990 0 0 250,000
Reclassify donated capital 0 0 0 0 13,500 (13,500) 0 0
Loss for the year 0 0 0 0 0 0 (285,988) (285,988)
Balances, at May. 31, 2009 0 0 72,140,000 721 603,229 0 (530,041) 73,909
June 23, 2009, 100,000 units consisting of 1 share and 1 warrant exerciseable at $0.80 issued for cash at $0.50 per unit 0 0 100,000 1 49,999 0 0 50,000
July 6, 2009 shares issued for services 0 0 25,000 0 12,500 0 0 12,500
July 21, 2009, 200,000 units consisting of 1share and 1 warrant exerciseable at $0.80 issued for cash at $0.50 per unit 0 0 200,000 2 99,998 0 0 100,000
July 30, 2009, 200,000 units consisting of 1 share and 1 warrant exerciseable at $0.80 issued for cash at $0.50 per unit 0 0 200,000 2 99,998 0 0 100,000
August 5, 2009 issuance for 37.5%working interest in Utah lease 0 0 300,000 3 335,997 0 0 336,000
August 12, 2009, issuance for 62.5%working interest in Utah lease 0 0 300,000 3 311,997 0 0 312,000
August 12, 2009, 319,419 units consisting of 1 share and 1 warrant exerciseable at $1.18 issued for cash at $0.94per unit 0 0 319,149 3 299,997 0 0 300,000
August 31, 2009, settlement of debt with former Company officer 0 0 153,508 2 125,261 0 0 125,263
September 22, 2009, 600,000 units consisting of 1 share and 1 warrant exerciseable at $1.25 issued for cash at $1.00 per unit 0 0 600,000 6 599,994 0 0 600,000
Jan 6, 2010 - Shares issued for advisor services 0 0 25,000 0 4,500 0 0 4,500
February 23, 2010, 606,060 units consisting of 1 share and 1 warrant exerciseable at $0.20 issued for cash at $0.165 per unit 0 0 606,060 6 99,994 0 0 100,000
Fractional shares 0 0 270 0 0 0 0 0
Gain (loss) for the period 0 0 0 0 0 0 (5,796,713) (5,796,713)
Balances, at May. 31, 2010 0 0 79,116,214 791 6,643,422 0 (6,326,754) 317,459
Shares issued on July 20, 2010 0 0 5,000,000 50 99,950 0 0 100,000
Net loss for the year ended 0 0 0 0 0 0 (378,984) (378,984)
Balances, at May. 31, 2011 0 0 84,116,214 841 6,743,372 0 (6,705,738) 38,475
Shares issued for services received 0 0 15,000,000 150 299,850 0 0 300,000
Net loss for the year ended $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ (361,718) $ (361,718)
Balances, at May. 31, 2012 0 0 99,116,214 991 7,043,222 0 (7,067,456) (23,243)