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Common Stock
9 Months Ended
Feb. 28, 2022
Equity [Abstract]  
Common Stock [Text Block]

5. Common Stock

Stock transactions during the nine months ended February 28, 2022:

(a) On July 26, 2021, the Company issued 37,000,000 shares of common stock at a price of Cdn$ 0.0025 per share pursuant to a private placement for cash proceeds of $75,295 (Cdn$92,500), of which $40,953 (Cdn$50,000) was received during the year ended May 31, 2021.

(b) On July 26, 2021, the Company issued 3,000,000 shares of common stock at a price of $ 0.001875 per share pursuant to a private placement for cash proceeds of $5,625, of which $3,750 was received during the year ended May 31, 2021.

(c) On November 30, 2021, the Company issued 30,000,000 shares of common stock at a price of Cdn$0.0025 per share pursuant to a private placement for cash proceeds of $59,110 (Cdn$75,000).

(d) On November 30, 2021, the Company issued 10,000,000 shares of common stock at a price of $0.001875 per share pursuant to a private placement for cash proceeds of $18,750.

(e) On February 28, 2022, the Company issued 570,000,000 shares of common stock with a fair value of $2,850,000 to acquire the Frog Property. Refer to Note 4(b).

(f) During the nine months ended February 28, 2022, the Company received cash proceeds of $138,055 (Cdn$175,000) for 70,000,000 shares of common stock issued subsequent to the period end. The common stock was issued on March 10, 2022. Refer to Note 8.

Stock transactions during the nine months ended February 28, 2021:

(a) 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.

(b) 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).

At February 28, 2022 and 2021, the Company had no dilutive shares, or common stock equivalents.