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Related Party Transactions
6 Months Ended
Dec. 31, 2021
Related Party Transactions [Abstract]  
Related Party Transactions

5. Related Party Transactions

 

As of December 31, 2021, the Company owes $205,646 (June 30, 2021 - $205,646) to two former executives of the Company for advances made to the Company to fund day-to-day operations. The amounts owing are unsecured, non-interest bearing, and due on demand.

 

During the six months ended December 31, 2021, the Company issued 10,000,000 common shares pursuant to the conversion of 125,000 Series C Preferred Shares to a company in which a director of the Company has a minority equity interest of 5.161%.