Convertible notes payable – related party consisted of the following: as of October 31, 2020 and 2019:

			Balance
Related Party	Maturity Date	Consideration	October 31, 2020			April 30, 2020
Maple Resources Corporation	December 27, 2020	Cash of $5,500 and Financing Fees of $5,500	$	11,000		$	11,000
BNL Family Trust	December 27, 2020	Cash		11,000			11,000
Shareholder and consultant	December 27, 2020	Accrued Consulting Fees		10,000			10,000
Shareholder and consultant	January 22, 2021	Cash		6,500			6,500
Maple Resources Corporation	February 12, 2021	Cash		5,000			5,000
Maple Resources Corporation	March 2, 2021	Cash		800			-
Maple Resources Corporation	May 12, 2021	Accrued Consulting Fees		41,466			-
Shareholder and consultant	May 14, 2021	Accrued Consulting Fees		34,000			-
Maple Resources Corporation	July 31, 2021	Cash		10,000			-
Shareholder and consultant	September 9, 2021	Cash		10,000			-

Total				139,766			43,500
Less discount				(4,615	)		(2,232	)

Net			$	135,151		$	41,268

The convertible notes payable – related party accrue interest at an annual rate of 5%. Accrued interest payable totaled $3,772 and $690 at October 31, 2020 and April 30, 2020, respectively.

Subject to available common shares available to issue, the convertible notes payable – related party are convertible into common shares of the Company at a conversion price equal to 110% of the lowest price at which shares of our common stock have been issued by the Company during the twenty prior trading days, including the day upon which a notice of conversion is received by the Company.

The Company has identified the conversion feature of its convertible notes payable – related party as a derivative and estimated the fair value of the derivative using a multinomial lattice model simulation and assuming the existence of a tainted equity environment (see Note 11).

On the effective date of certain of the convertible notes payable detailed above, the related party lenders simultaneously submitted notices to convert the total note principal of loans into shares of the Company’s common stock. The conversions were not completed, and the shares have not been issued pending an increase in the number of authorized shares of common stock.