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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Operating Activities    
Net loss attributable to stockholders $ (16,523,420) $ (8,631,424)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 81,410 35,981
Accretion of financing costs 1,760,497
Amortization of right-of-use asset 50,525 50,525
Unrealized loss on investment 5,497 14,658
Stock-based compensation 5,757,908 3,523,305
Shares issued for professional services (132) 36,679
Changes in operating assets and liabilities:    
Inventory (489,237)
Grants receivable (326,170) (15,343)
Prepaid expenses and deposits 416,234 (149,393)
Other current assets (316,351)
Accounts payable and accrued liabilities 2,223,865 (2,172,877)
Net change in operating lease liability (59,326) (58,658)
Net Cash Used in Operating Activities (7,418,700) (7,366,547)
Investing Activities    
Other acquisition deposits (279,878)
Acquisition of property, equipment, and water rights (10,888,840) (2,171,599)
Acquisition cost reimbursements from government grants 469,972
Purchase of mining properties (169,714) (8,007,362)
Net Cash Used in Investing Activities (10,868,460) (10,178,961)
Financing Activities    
Proceeds from exercise of share purchase warrants 37,498
Principal paid on notes payable (11,400,000)
Proceeds from notes payable, net of issuance costs 20,287,118
Proceeds from share purchase agreements, net of issuance costs 14,689,178
Net Cash Provided by Financing Activities 23,613,794
Increase (decrease) in Cash 5,326,635 (17,545,508)
Cash – Beginning of Period 2,320,149 28,989,166
Cash – End of Period $ 7,646,784 $ 11,443,658