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Related Party Transactions (Tables)
12 Months Ended
Jun. 30, 2022
Related Party Transactions [Abstract]  
Summary of Strategic Placement Details of the Strategic Placement are set out in the table below:

 

 

Face value of loan notes and balance of short-term loan

 

Interest accrued

 

Placement proceeds

 

Total

 

Shares issued (Number)

 

Loan notes redeemed

$

10,000,000

 

$

1,187,397

 

-

 

$

11,187,397

 

 

38,577,232

 

Short-term loan repaid

 

3,400,000

 

 

131,575

 

-

 

 

3,531,575

 

 

12,177,845

 

Placement proceeds

-

 

-

 

 

4,735,707

 

 

4,735,707

 

 

16,330,023

 

Total

$

13,400,000

 

$

1,318,972

 

$

4,735,707

 

$

19,454,679

 

 

67,085,100