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7. Supplementary Cash Flow Information
3 Months Ended
Aug. 31, 2014
Notes  
7. Supplementary Cash Flow Information

7. SUPPLEMENTARY CASH FLOW INFORMATION

 

There was $3,150 cash paid for interest in each of the three month periods ended August 31, 2014 and August 31, 2013; there was no cash paid for income taxes during either of the three month periods.

 

On June 16, 2014, the Company sold El Tule Canyon mining claim and the remainder of the Gypsy claim for 1,500,000 shares of restricted common stock of the buyer; these shares were valued at $1,500.  This brings to 6,500,000 the number of shares of the buyer that are owned by the Company.