NON-CASH TRANSACTIONS

6 Months Ended

Oct. 31, 2020

Supplemental Cash Flow Elements [Abstract]

NON-CASH TRANSACTIONS

10.       NON-CASH TRANSACTIONS:

Investing and financing activities that affect recognized assets or liabilities but that do not result in cash receipts or cash payments are excluded from the consolidated statements of cash flows. During the six months ended October 31, 2020, the following transactions were excluded from the consolidated statement of cash flows:

a) The transfer of $1,674,717 of interest payable on the Third, Fifth and Sixth Promissory Notes from accounts payable and accrued liabilities to promissory notes; and,

b) Deferred mineral property expenditures of $40,062 included in accounts payable and accrued liabilities at October 31, 2020, less $40,062 included in accounts payable at April 30, 2020 (net inclusion of $nil).

During the six months ended October 31, 2019, the following transactions were excluded from the consolidated statement of cash flows:

a) The transfer of $1,358,420 of interest payable on the Third and Fifth Promissory Notes from accounts payable and accrued liabilities to promissory notes; and,

b) Deferred mineral property expenditures of $52,791 included in accounts payable and accrued liabilities at October 31, 2019, less $57,744 included in accounts payable at April 30, 2019 (net inclusion of $4,953).