DUE TO RELATED PARTIES

9 Months Ended

Mar. 31, 2024

Related Party Transactions [Abstract]

DUE TO RELATED PARTIES

6. DUE TO RELATED PARTIES

As of March 31, 2024, due to related parties balance of $402,030 (June 30, 2023: $367,985) represents the combination of the following:

a)	$374,030 (June 30, 2023: $339,985) was payable to a principal shareholder’s company, for the operating expenses paid by the related party on behalf of the Company. The loan amount is unsecured, non-interest bearing and due on demand;
b)	$28,000 (June 30, 2023: $28,000) owed to a director of the Company, for the amount of office, travel and telephone expenses paid by the related party on behalf of the Company. The amount is unsecured, non-interest bearing and due on demand.