Related Party Transactions

12 Months Ended

Jun. 30, 2021

Related Party Transactions [Abstract]

Related Party Transactions

5. Related Party Transactions

(a) As of June 30, 2021, the Company owes $120,146 (2020 - $120,146) to the former Chief Executive Officer and Director of the Company for advances to the Company to fund day-to-day operations. The amounts owing are unsecured, non-interest bearing, and due on demand.

(b) As of June 30, 2021, the Company owes $85,500 (2020 - $85,500) to the former Chief Executive Officer and Director of the Company for advances to the Company to fund day-to-day operations and accrued management fees. The amounts owing are unsecured, non-interest bearing, and due on demand.

(c) As of June 30, 2021, the Company owed $nil (2020 - $388,577) to the Chief Executive Officer of the Company for accrued management fees. The amounts owing are unsecured, non-interest bearing, and due on demand. The amounts owed were paid in November 2020.

(d) As of June 30, 2021, the Company owed $nil (2020– $30,726) to directors of the Company for accrued management fees. The amounts owing are unsecured, non-interest bearing, and due on demand. The amounts owed were paid in December 2020.

(e) During the year ended June 30, 2021, the Company issued 16,590 shares to Just Business Management for consulting services, of which Director David Batstone was a 50% owner as of June 30, 2021. Additionally, JB People & Planet, of which Director David Batstone is a 5.161% owner, purchased 8,538,012 shares through a warrant exercise and purchased 125,000 Preferred C shares.