XML 17 R5.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (1,933,253) $ (833,009)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock based compensation 261,073 244,753
Accretion of debt discount 746,133
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 21,230 (23,112)
Accounts payable and accrued liabilities 7,736 (50,742)
Net cash used in operating activities (897,081) (662,110)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of restricted investment (38,766)
Net cash used in investing activities (38,766)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from exercise of common stock options and warrants 11,000
Proceeds from convertible debt and detachable warrants 1,098,000
Net cash provided by financing activities 1,098,000 11,000
NET CHANGE IN CASH AND CASH EQUIVALENTS 162,153 (651,110)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 428,197 1,079,307
CASH AND CASH EQUIVALENTS AT END OF PERIOD 590,350 428,197
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:    
Cash paid for interest expense
Cash paid for income taxes
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Mineral properties acquired under notes payable, related party 75,000
Issuance of detachable warrants and discount on convertible notes 746,133
Conversion of convertible notes into common stock $ 1,098,000