Restatement (Tables)

6 Months Ended

Dec. 31, 2020

Accounting Changes and Error Corrections [Abstract]

Schedule of Impact of Restatement

The impact of the restatement as at December 31, 2020 and for the three and six months ended December 31, 2020 is summarized below:

Consolidated Balance Sheet

	As at December 31, 2020
	As reported $			Adjustment $			As restated $
Stockholders’ Deficit
Additional paid-in capital		90,974,257			(6,456,276	)		84,517,981
Share subscription received		1,235,000			(1,200,000	)		35,000
Deficit		(102,064,300	)		7,656,276			(94,408,024	)
Total Stockholders’ Deficit		(6,543,671	)		–			(6,543,671	)

Consolidated Statement of Operations

	Three Months Ended December 31, 2020
	As reported $			Adjustment $			As restated $
Expenses
General and administrative		30,270,334			(7,656,276	)		22,614,058
Net loss from operations		(30,273,236	)		7,656,276			(22,616,960	)
Net loss		(35,704,145	)		7,656,276			(28,047,869	)
Net loss per share, basic and diluted		(0.08	)		0.02			(0.06	)

	Six Months Ended December 31, 2020
	As reported $			Adjustment $			As restated $
Expenses
General and administrative		32,576,630			(7,656,276	)		24,920,354
Net loss from operations		(32,686,329	)		7,656,276			(25,030,053	)
Net loss		(38,855,354	)		7,656,276			(31,199,078	)
Net loss per share, basic and diluted		(0.09	)		0.02			(0.07	)

Consolidated Statement of Stockholders’ Deficit

	Six Months Ended December 31, 2020
	As reported $			Adjustment $			As restated $
Shares issued for services		30,387,470			(7,740,000	)		22,647,470
Shares issued pursuant to share purchase agreement		–			1,200,000			1,200,000
Share purchase warrants issued		–			83,724			83,724
Net loss for the period		(38,847,485	)		7,656,276			(31,191,209	)

Consolidated Statement of Cash Flows

	Six Months Ended December 31, 2020
	As reported $			Adjustment $			As restated $
Operating Activities
Net loss		(38,855,354	)		7,656,276			(31,199,078	)
Adjustments to reconcile net loss to net cash used in operating activities:
Shares issued for services		30,387,470			(7,740,000	)		22,647,470
Warrants issued		–			83,724			83,724