XML 30 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Operations - USD ($)
9 Months Ended 12 Months Ended
Jun. 30, 2020
Jun. 30, 2021
Operating expenses    
Exploration costs $ 292,656 $ 117,058
General and administrative 4,094,513 37,572,022
Impairment of joint venture (Note 6) 35,250
Total operating expenses 4,387,169 37,724,330
Net loss before other income (expense) (4,387,169) (37,724,330)
Other income (expense)    
Accretion and interest expense (4,391,184) (2,915,025)
Finance costs (422,768)
Change in fair value of derivative liability (Note 7) (5,863,127) (19,655,296)
Gain on forgiveness of debt 255,992
Gain on settlement of debt (Note 9) 1,319,326 18,683,279
Other income 3,746 18,084
Total other income (expense) (8,931,239) (4,035,734)
Net loss (13,318,408) (41,760,064)
Accrued dividends (104,641)
Net Loss Attributable to Common Stockholders $ (13,318,408) $ (41,864,705)
Net loss per share, basic and diluted $ (0.05) $ (0.08)
Weighted average shares outstanding 254,938,086 498,296,667