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Consolidated Statements of Cash Flows
12 Months Ended
Sep. 30, 2023
USD ($)
Sep. 30, 2022
USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (3,939,961) $ (2,714,616)
Adjustments to reconcile net loss to net cash from operating activities:    
Accretion on asset retirement obligations 31,976 55,030
Depletion and depreciation 154,834 105,503
Foreign exchange loss (gain) (7,168)
Forgiveness of loan payable (7,800)
Finance expense 18,031
Change in fair value of warrant liability (22,570) (178,509)
Gain on settlement of warrant liability (930)
Extinguishment of trade and other payables (263,605) (4,368)
Loss on settlement of asset retirement obligations 66,067
Share-based payments 318 546,335
Changes in operating assets and liabilities:    
Trade and other receivables 58,773 (124,230)
Prepaid expenses and deposits 190,038 (271,126)
Trade and other payables 1,421,341 584,216
Amounts due to related parties (24,536)
Right of use asset and lease liability 7,503 (785)
Net cash used in operating activities (2,296,216) (2,024,023)
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures on property and equipment (1,445,021) (1,685,999)
Net cash used in investing activities (1,445,021) (1,685,999)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of private placement units 8,112,340
Proceeds from exercise of warrants 781,953
Share issuance costs (136,623) (1,067,868)
Convertible debenture repayment to related party (38,291) (34,709)
Loan from related party (1,452)
Loan repayment (83,561) (23,600)
Net cash provided by financing activities 523,478 6,984,711
Change in cash and cash equivalents during the year (3,217,759) 3,274,689
Cash and cash equivalents, beginning of the year 3,300,495 25,806
Cash and cash equivalents, end of the year 82,736 3,300,495
Supplemental cash flow disclosures:    
Interest paid 4,259 24,536
Taxes paid
Supplemental disclosures of non-cash investing and financing activities:    
Share purchase warrants issued in connection with private placements 1,692,151
Share purchase warrants issued in connection with exercise of warrants 579,153
Trade and other payables related to property and equipment 1,299,929 647,252
Loan payable issued for settlement 209,497
Changes in estimates of asset retirement obligations $ 7,934 $ 371,212