XML 15 R6.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating Activities    
Net loss $ (9,133,011) $ (3,347,085)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization expense 645,235 16,425
Change in fair value of derivative liability 944,008 0
Discount on convertible notes payable 67,754 0
Fair value of share purchase warrants 0 101,310
Shares issued for mineral property exploration costs (146,473) 0
Shares issued for services 6,328,360 2,937,250
Changes in operating assets and liabilities:    
Prepaid expenses 115,705 (262,500)
Accounts payable and accrued liabilities 98,844 14,667
Due to related parties 113,094 310,203
Financing Activities    
Proceeds from issuance of convertible notes payable 1,944,000 226,000
Proceeds from related party 0 500
Repayment of convertible debentures (752,736) 0
Net Cash Provided by Financing Activities 1,191,264 226,500
Net Cash Used in Operating Activities (966,484) (229,730)
Change in Cash 224,780 (3,230)
Cash and Cash Equivalents, at Carrying Value, Beginning Balance 122,769 9,141
Cash and Cash Equivalents, at Carrying Value, Ending Balance 347,549 5,911
Non-cash investing and financing activities:    
Original issue discount on convertible debentures 99,750 4,545
Issuance of common shares for conversion of convertible notes payable 1,414,252 133,050
Derivative additions associated with convertible notes 1,939,539  
Fair value of common shares within prepaid expenses 0 315,000
Supplemental Disclosures    
Interest paid 0 0
Income tax paid $ 0 $ 0