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Common Stock
12 Months Ended
May 31, 2021
Equity [Abstract]  
Common Stock [Text Block]

6.    Common Stock

Stock transactions during the year ended May 31, 2021:

(a) On September 25, 2020, the Company issued 4,500,000 shares of common stock pursuant to a private placement for cash proceeds of $9,736 (Cdn$13,500) received during the year ended May 31, 2020.

(b) On September 25, 2020, the Company issued 500,000 shares of common stock with a fair value of $1,000 to settle $1,085 (Cdn$1,500) in debt, resulting in a gain on settlement of $85 recognized during the year ended May 31, 2020.

(c)  During the year ended May 31, 2021, the Company received cash proceeds of $40,953 (Cdn$50,000) for 20,000,000 shares of common stock to be issued subsequent to year end. The common stock was issued on July 26, 2021 (Note 10).  

(d)  During the year ended May 31, 2021, the Company received cash proceeds of $3,750 for 2,000,000 shares of common stock to be issued subsequent to year end. The common stock was issued on July 26, 2021 (Note 10).

Stock transactions during the year ended May 31, 2020:

(a) On August 23, 2019, the Company issued 16,200,000 shares of common stock pursuant to a private placement for cash proceeds of $60,862 (Cdn$81,000) received during the year ended May 31, 2019.

(b) On August 23, 2019, the Company issued 5,000,000 shares of common stock pursuant to a private placement for cash proceeds of $12,349 (Cdn$16,500).

(c)   On August 23, 2019, the Company issued 1,500,000 shares of common stock with a fair value of $3,000 to settle accounts payable of $4,887 (Cdn$6,500), resulting in a gain on settlement of $1,887.

(d)   On February 3, 2020, the Company agreed to issue 8,100,000 shares of common stock with a fair value of $24,300 to settle accounts payable of $18,225, resulting in a loss of $6,075. The common stock was issued on March 13, 2020.

(e)   On February 13, 2020, the Company agreed to issue 33,666,666 shares of common stock with a fair value of $101,000 to settle accounts payable of $76,173, resulting in a loss on settlement of $24,827. The common stock was issued on March 13,2020.

(f) On February 13, 2020, the Company agreed to issue 20,000,000 shares of common stock with a fair value of $60,000 to settle related party accounts payable of $45,251, resulting in a loss on settlement of $14,749. The common stock was issued on March 13, 2020.

(g)   On March 13, 2020, the Company issued 15,000,000 shares of common stock with a fair value of $30,000 to settle accounts payable of $32,348 (Cdn$45,000) resulting in a gain on settlement of $2,350.

(h)  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. The Company had also incurred share issuance costs of $20,488, resulting in net cash proceeds of$100,762.

(i) On May 29, 2020, the Company agreed to issue 500,000 shares of common stock with a fair value of $1,000 to settle $1,085 (Cdn$1,500) resulting in a gain on settlement of $85. These shares were issued on September 29, 2020.

(j) During the year ended May 31, 2020, the Company received cash proceeds of $9,736 for the issuance of 4,500,000 common shares. These shares were issued on September 25, 2020.

At May 31, 2021 and 2020, the Company had no dilutive shares, or common stock equivalents.