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Condensed Interim Consolidated Statements of Cash Flows - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES        
Net loss $ (1,828,721) $ (751,881) $ (3,989,276) $ (3,939,961)
Adjustments to reconcile net loss to net cash from operating activities:        
Accretion on asset retirement obligations 14,971 9,198 36,792 31,976
Depletion and depreciation 55,719 21,978 82,215 154,834
Foreign exchange (gain) loss (22,105) 3,676 (133)
Gain on settlement of trade payables (197,207)    
Amortization of debt discount 212,490 430,834
Loss on debt extinguishment 105,349 495,051
Change in fair value of warrant liability     (22,570)
Gain on settlement of warrant liability     (930)
Loss on settlement of asset retirement obligations     66,067
Stock-based compensation 135,237 318
Loss on settlement of lease liability     38,825
Gain on settlement of trade payables     (185,119)
Write-off of property and equipment     62,046
Changes in operating assets and liabilities:        
Trade and other receivables (17,331) 28,981 33,509 58,773
Prepaid expenses and deposits 31,297 18,986 (19,213) 190,038
Trade and other payables 273,947 512,020 778,989 1,157,736
Right of use asset and lease liability 1,306 (50,438) 7,503
Net cash used in operating activities (1,236,354) (155,736) (2,285,918) (2,296,216)
CASH FLOWS FROM INVESTING ACTIVITIES        
Capital expenditures on property (188,040) (3,227) (1,445,021)
Reclamation deposit redemption 70,000 70,000
Net cash (used in) provided by investing activities (188,040) 70,000 66,773 (1,445,021)
CASH FLOWS FROM FINANCING ACTIVITIES        
Proceeds from debenture financing 601,601 1,365,000
Proceeds from debt financing subscriptions received     2,250,000
Proceeds from exercise of warrants     781,953
Share issuance costs     (136,623)
Convertible debenture repayment to related party     (38,291)
Loan payable proceeds 45,000 45,000
Loan repayment (10,000) (10,000) (83,561)
Net cash provided by financing activities 601,601 35,000 3,650,000 523,478
Change in cash during the period (822,793) (50,736) 1,430,855 (3,217,759)
Cash, beginning of the period 1,513,591 82,736 82,736 3,300,495
Cash, end of the period 690,798 32,000 1,513,591 82,736
Supplemental cash flow disclosures:        
Interest paid 1,246 1,026 2,272 4,259
Taxes paid
Supplemental disclosures of non-cash investing and financing activities:        
Share purchase warrants issued in connection with debt issuance 1,792,002 431,666
Share purchase warrants issued in connection with exercise of warrants     579,153
Trade and other payables related to property and equipment 57,568 1,299,929
Accrued debt interest settled through debt issuance 59,788    
Debt subscription proceeds transferred to convertible debentures $ 2,250,000    
Equipment transferred in settlement with former CEO     35,155
Loan payable issued for settlement     209,497
Changes in estimates of asset retirement obligations     $ (96,018) $ 7,934