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- RECENT SALES OF UNREGISTERED SECURITIES
3 Months Ended
Jan. 31, 2020
- RECENT SALES OF UNREGISTERED SECURITIES [Abstract]  
- RECENT SALES OF UNREGISTERED SECURITIES

Note 9 - RECENT SALES OF UNREGISTERED SECURITIES

 

We have 75,000,000, $0.001 par value shares of common stock authorized.

 

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

 

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

 

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

 

In January 2020 we issued 100,000 shares to pursuant to a consulting agreement. he shares were initially valued at $105k with $35k being recognized as work program and technical expense, with the remaining $70k to be recognized as expense over the remaining term of the agreement.