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Subsequent Events
9 Months Ended
Feb. 29, 2020
Subsequent Events [Abstract]  
Subsequent Events [Text Block]

7. Subsequent Events

In accordance with ASC 855-10 Company management reviewed all material events through the date of this report. The item disclosed below represents the only material subsequent event to report.

 

a) On March 13, 2020, the Company issued 15,000,000 shares of common stock to settle accounts payable of $32,257 (Cdn$45,000).
 

b) On March 13, 2020, the Company issued 53,888,889 shares of common stock pursuant to a private placement for cash proceeds of $121,250, of which $89,750 had been received prior to February 29, 2020. The Company had also incurred share issuance costs of $20,488 prior to February 29, 2020.

 

c) On May 29, 2020, the Company entered into a debt settlement agreement to settle $1,085 (Cdn$1,500) in exchange for the issuance 500,000 shares of common stock. As of the date of this filing, these shares have not been issued.

 

d) Subsequent to February 29, 2020, the Company received subscriptions of $9,715 (Cdn$13,500) for the issuance of 4,500,000 common shares.