XML 53 R16.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
- SHARE ISSUANCES
12 Months Ended
Oct. 31, 2019
- SHARE ISSUANCES [Abstract]  
- SHARE ISSUANCES

Note 9 - SHARE ISSUANCES

The company has 75,000,000, $0.001 par value shares of common stock authorized.

 

In June 2019, the company issued 1,100,000 shares of common stock at $0.05 per share to the Optionor under the terms of the option agreement to acquire exploration rights over 30 mineral claims (The Desgrosbois Property) as modified.

 

In June 2019, the company issued 50,000 shares of common stock at $0.05 per share to a director under the terms of the assignment of the option agreement to acquire exploration rights over 30 mineral claims (The Desgrosbois Property).

 

In October 2019, the company issued 162,272 shares of common stock for cash proceeds of $100,000 at approximately $0.61625 per share.

 

In October 2019, the company issued 205,198 shares of common stock for cash proceeds of $150,000 at approximately $0.731 per share.

 

In October 2019, the company issued 100,000 shares of common stock at $0.01 to a senior geologist under the terms of his consultancy agreement entered into on January 1, 2019 with us

 

In October 2019, the company issued 50,000 shares of common stock at $0.05 to a director under the terms of the assignment of the option agreement to acquire exploration rights over 30 mineral claims (The Desgrosbois Property).

 

In November 2019, the company issued 1,000,000 shares of common stock in connection with the acquisition of the titles in the Desgrosbois Property.

 

There were no share issuances in the 2018 financial year.