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FINANCIAL INSTRUMENTS AND FINANCIAL RISK MANAGEMENT (Tables)
6 Months Ended 12 Months Ended
Apr. 30, 2022
Oct. 31, 2021
Fair Value Disclosures [Abstract]    
SCHEDULE OF CLASSIFICATION OF FINANCIAL INSTRUMENTS

The Company’s classification of its financial instruments is as follows:

 

 

Financial Instruments

 

Measurement

Method

  Associated Risk 

Fair Value at

April 30, 2022

($)

 
Cash  FVTPL  Credit and currency   774,409 
Other receivables  Amortized cost  Credit and currency   50,765 
Subscription receivable  Amortized cost  Credit and currency   185,000 
Deposits held by related parties  Amortized cost  Credit and currency   388,757 
Accounts payable and accrued liabilities  Amortized cost  Currency   2,715,924 
Due to related parties  Amortized cost  Currency   1,253,280 
Convertible debenture, net  Amortized cost
and FVTPL
  Currency   1,783,584 

Warrant liability

  FVTPL  Currency   2,468,261 

The Company’s classification of its financial instruments is as follows:

 

 

Financial Instruments

 

Measurement

Method

  Associated Risk  

Fair Value at

October 31, 2021

($)

Cash   FVTPL   Credit and currency   462,360
Amounts receivable   Amortized cost   Credit and currency   151,485
Deposits held by related parties   Amortized cost   Credit and currency   486,462
Accounts payable and accrued liabilities   Amortized cost   Currency   1,989,316
Due to related parties   Amortized cost   Currency   1,026,817
Convertible debenture   Amortized cost   Currency   107
Convertible debenture - derivative liability   FVTPL   Currency   7,449,700
SCHEDULE OF FOREIGN CURRENCY RISK

 

  

April 30,

2022

 
   CA$ 
Cash   208,683 
Other receivables   64,930 
Accounts payable and accrued liabilities   (1,511,845)
Due to related parties   (765,409)
Total   (2,003,641)

 

   October 31, 2021 
   $ 
Cash   186,627 
Deposits held by related parties   486,462 
Accounts payable and accrued liabilities   (773,011)
Due to related parties   (467,500)
Convertible debenture   (1,500,000)
Total   (2,067,422)