XML 24 R13.htm IDEA: XBRL DOCUMENT v3.8.0.1
Common Stock
12 Months Ended
Jul. 31, 2017
Equity [Abstract]  
COMMON STOCK

NOTE 7 - COMMON STOCK

 

On August 18, 2015, 500,000 shares of restricted common stock were issued as part of the compensatory terms of the mineral rights option agreement entered into by the Company.

 

On October 6, 2015 pursuant to the closing of a private placement, 100,000 shares of restricted common stock at a purchase price of $0.05 per share for total proceeds of $5,000 was issued.

 

On October 6, 2015 pursuant to the closing of a private placement, 400,000 shares of restricted common stock at a purchase price of $0.06 per share for total proceeds of $24,000 was issued.

 

On January 2, 2016 pursuant to the closing of a private placement, 100,000 shares of restricted common stock at a purchase price of $0.04 per share for total proceeds of $4,000 was issued.

 

On January 15, 2016 pursuant to the closing of a private placement, 1,250,000 shares of restricted common stock at a purchase price of $0.275 per share for total proceeds of $34,375 was issued.

 

On June 1, 2016 pursuant to the closing of a private placement, 333,334 shares of restricted common stock at a purchase price of $0.03 per share for total proceeds of $10,000 was issued.

 

On June 1, 2016 pursuant to the closing of private placements, 7,000,000 shares of restricted common stock at a purchase price of $0.014 per share for total proceeds of $98,000 was issued.

 

On August 5, 2016, the Company issued 670,000 shares of common stock at $0.025 per share as a portion of the consideration to acquire an oil and gas lease known as the Guy Ranch (Note 4).

 

On January 24, 2017, the Company sold 300,000 shares of common stock along with warrants to purchase an additional 150,000 shares for total proceeds of $5,000. The warrants are exercisable at $0.10 and expire February 1, 2019.