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Condensed Interim Consolidated Statements of Cash Flows
9 Months Ended 12 Months Ended
Jun. 30, 2023
USD ($)
Jun. 30, 2022
USD ($)
Sep. 30, 2022
USD ($)
Sep. 30, 2021
USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES        
Net loss $ (3,330,107) $ (1,797,785) $ (2,714,616) $ (1,253,242)
Adjustments to reconcile net loss to net cash from operating activities:        
Accretion on asset retirement obligations 23,982 24,714 55,030 19,907
Depletion and depreciation 120,459 161,988 105,503 60,479
Foreign exchange loss (gain) (1,062) (7,168) 87,747
Forfeiture of reclamation bond     50,165
Forgiveness of loan payable (7,900) (7,800)
Finance expense 14,956 18,031 13,506
Change in fair value of warrant liability (22,570) (152,869) (178,509)
Gain on settlement of warrant liability (930)
Loss on disposal of property and equipment     613,457
Extinguishment of trade and other payables     (4,368) (9,682)
Share-based payments 318 604,861 546,335 2,870
Shares issued for services     54,958
Changes in operating assets and liabilities:        
Trade and other receivables 40,599 (173,756) (124,230) 34,092
Prepaid expenses and deposits 180,877 (831,968) (271,126) (29,977)
Trade and other payables 1,045,347 695,431 584,216 (234,475)
Amounts due to related parties (10,618) (24,536) (162,598)
Right of use asset and lease liability 5,819 (930) (785) 3,010
Net cash used in operating activities (1,936,206) (1,474,938) (2,024,023) (749,783)
CASH FLOWS FROM INVESTING ACTIVITIES        
Capital expenditures on property and equipment (1,249,704) (201,698) (1,685,999) (265,717)
Proceeds from sale of oil and gas interests     1,123,244
Net cash used in investing activities (1,249,704) (201,698) (1,685,999) 857,527
CASH FLOWS FROM FINANCING ACTIVITIES        
Proceeds from issuance of share capital     8,112,340
Proceeds from issuance of private placement units 8,112,340
Proceeds from exercise of warrants 781,953
Share issuance costs (93,861) (1,067,374) (1,067,868)
Convertible debenture repayment (38,291) (23,700) (34,709) (79,000)
Loan from related party (3,647) (1,452) (8,455)
Loan repayment     (23,600)
Net cash provided by (used in) financing activities 649,801 7,017,619 6,984,711 (87,455)
Change in cash and cash equivalents during the period (2,536,109) 5,340,983 3,274,689 20,289
Cash and cash equivalents, beginning of the period 3,300,495 25,806 25,806 5,517
Cash and cash equivalents, end of the period 764,386 5,366,789 3,300,495 25,806
Supplemental disclosures of non-cash investing and financing activities:        
Common stock issued in connection with property acquisition agreement     2,468,750
Share purchase warrants issued in connection with private placements 1,692,151 1,692,151 1,051,370
Share purchase warrants issued in connection with exercise of warrants 579,153
Trade and other payables related to property and equipment 1,459,667 93,960 647,252 68,735
Adjustments to asset retirement obligations     (371,212) 376,647
Supplemental cash flow disclosures:        
Interest paid $ 1,182 $ 18,960 $ 24,536 $ 13,090