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CONSOLIDATED STATEMENTS OF CASH FLOWS - CAD ($)
12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2017
Cash flows from (used in) operating activities      
Net loss for the year $ (997,369) $ (826,840) $ (1,283,440)
Items not affecting cash:      
Depreciation [1] 412 2,508 2,822
(Gain) on disposal of equipment (8,635) (19,181) 0
Flow-through share premium recovery (149,658) 0 0
Share-based payments [2] 162,208 67,490 0
Write-off of investment in associates - royalty interest [3] 560,139 0 0
Write-down of exploration and evaluation assets [4] 0 263,937 583,776
Changes in non-cash working capital items:      
Receivables (36,386) (5,847) 1,577
VAT Receivables (5,900) (4,909) (25,448)
Prepaid expenses (315,597) 12,012 (7,302)
Accounts payable and accrued liabilities (2,947) 14,631 7,283
Due to related parties (6,441) 206,448 (116,291)
Funds held for optionee 29,546 0 0
Net cash (used in) operating activities (770,628) (289,751) (837,023)
Cash flows from (used in) investing activities      
Sale / (purchase) of equipment 8,652 24,983 (1,702)
Exploration and evaluation assets (712,345) (474,387) (390,633)
Net cash (used in) investing activities (703,693) (449,404) (392,335)
Cash flows from (used in) financing activities      
Proceeds from issuance of common shares 1,967,700 750,000 875,000
Proceeds from exercise of finder's warrants 0 15,500 22,188
Share issue costs (141,008) (57,272) (54,415)
Net cash provided by financing activities 1,826,692 708,228 842,773
Effect of exchange rate changes on cash (6,440) 208 2,204
Change in cash for the year 345,931 (30,719) (384,381)
Cash, beginning of the year 6,599 37,318 421,699
Cash, end of the year $ 352,530 $ 6,599 $ 37,318
[1] Note 4.
[2] Note 9.
[3] Note 6.
[4] Note 5.