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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating Activities    
Net Loss attributable to common stockholders $ (33,539,962) $ (41,760,064)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 47,262 14,668
Unrealized loss on investment 28,987
Net change in operating lease liability 30,591
Impairment of assets 186,779 35,250
Stock-based compensation 1,233,155
Shares issued for services - professional services 20,429,944 29,353,966
Legal settlements 560,000
Sale of claims - share consideration received (50,000)
Accretion expense 2,814,775
Change in fair value of derivative liability 19,655,296
Discount on convertible notes payable 51,000
Fair value of share purchase warrants issued 83,724
Gain on forgiveness of debt (255,992)
Gain on settlement of debt (18,683,279)
Shares issued for commitment fee 1,139,250
Changes in operating assets and liabilities:    
Prepaid expenses 413,403 (783,102)
Accounts payable and accrued liabilities 687,493 997,373
Due to related parties (205,646) (419,303)
Net Cash Used in Operating Activities (10,177,994) (7,756,438)
Investing Activities    
Acquisition of property and equipment (12,873,975) (5,440,087)
Purchase of water rights/intangible assets (2,208,739) (1,643,160)
Net Cash Used in Investing Activities (15,082,714) (7,083,247)
Financing Activities    
Dividends paid (125,700)
Purchase of shares from employees (313,334)
Proceeds from exercise of share purchase warrants 918,750 862,500
Proceeds from issuance of common shares 39,100,001 15,499,813
Share issuance costs (2,161,350)
Proceeds from share purchase agreement 3,988,005 10,431,638
Repayment of note payable (59,236)
Share subscriptions received 18,750
Proceeds from issuance of convertible notes payable 1,395,000
Repayment of convertible note payable (1,295,202)
Net Cash Provided by Financing Activities 41,406,372 26,853,263
Change in Cash 16,145,664 12,013,578
Cash – Beginning of Period 12,843,502 829,924
Cash – End of Period $ 28,989,166 $ 12,843,502