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CONDENSED CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Aug. 01, 2024
Jan. 31, 2025
Jan. 31, 2024
Jan. 31, 2025
Jan. 31, 2024
Jul. 31, 2024
Operating activities            
Net loss for the period   $ (4,557,626) $ (1,738,500) $ (8,614,060) $ (5,110,574)  
Items not affecting cash:            
Depreciation   361 464 722 924  
Share based compensation       292,896 786,317  
Change in fair value of derivative liabilities   (2,067,350) 1,200 (719,000) 1,200  
Change in fair value of mandatory convertible debentures   0 0 (70,500) 0  
Change in fair value of warrant liabilities $ 454,571     (9,223) 0  
Change in fair value of stock option liabilities       (177,459) 0  
Gain on settlement of accounts payable       (899,015) 0  
Loss on investment in associate   106,850 0 106,850 0  
Impairment of carbon credits   1,207,800 0 1,207,800 0  
Stop-loss provision loss   1,024,713 0 1,024,713 0  
Non-cash general and administrative       0 50,000  
Accrued interest       76,601 1,104  
Accretion expense       168,945 2,544  
Changes in non-cash working capital items:            
GST receivable       (30,689) (25,008)  
Other receivables       (171,573) 0  
Carbon credits       (100,000) 0  
Prepaid expenses       (4,008) 263,569  
Accounts payable and accrued liabilities       3,865,220 2,962,254  
Net cash used in operating activities       (4,051,780) (1,067,670)  
Investing activity            
Cash assumed on RTO       1,661,645 0  
Net cash provided by investing activity       1,661,645 0  
Financing activities            
Proceeds from convertible debentures       67,650 430,734  
Proceeds from warrant exercise       86,237 176,113  
Proceeds from PIPE financing       2,230,000 0  
Net cash provided by financing activities       2,383,887 606,847  
Effect of exchange rate changes on cash       1,807 (18,201)  
Net decrease in cash       (4,441) (479,024)  
Cash, Beginning $ 21,106     21,106 489,971 $ 489,971
Cash, Ending   $ 16,665 $ 10,947 16,665 10,947 $ 21,106
Supplemental information:            
Taxes paid       0 0  
Interest paid       0 0  
Fair value of warrants exercised       389,729 0  
Fair value of securities issued for the RTO (Note 4)       3,147,118 0  
Fair value of securities issued for settlement of accounts payable       10,888,912 0  
Fair value of securities issued for services       585,155 0  
Fair value of securities issued for carbon credits       1,982,424 0  
Fair value of securities issued for the acquisition of interest in associate       1,220,000 0  
Fair value of securities issued for ELOC commitment       $ 305,000 $ 0