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Unaudited Consolidated Statements of Cash Flows - CAD ($)
6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows used in operating activities    
Loss for the period $ (2,412,658) $ (103,759)
Adjustments for items not involving cash:    
Recovery of flow through share liability
Interest expense and accretion 126,884
Amortization of transaction cost 50,618
Share-based payments 1,713,160
Gain on change in fair value of derivative liability (463,968)
Net changes in non-cash working capital:    
Prepaids and deposits (1,185,783)
Sales tax receivable (42,512) 104
Accounts payable 13,750 (34,103)
Due to related party (30,072) 61,227
Total operating activities (2,230,581) (76,531)
Cash flows used in investing activities    
Payments for exploration and evaluation assets (324,142) (46,965)
Total investing activities (324,142) (46,965)
Cash flows provided by (used in) financing activities    
Loan from Nova Minerals Limited 32,700
Proceeds from the exercise of warrants 239,720
Issue of loan payable 782,423
Proceeds from private placement 34,988,520
Transaction costs related to issuance of shares or options (2,995,448)
Total financing activities 33,015,215 32,700
Net increase in cash 30,460,492 (90,796)
Cash, beginning of the period 318,844 143,089
Cash, end of the period $ 30,779,336 $ 52,293