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7. Supplementary Cash Flow Information
3 Months Ended
Aug. 31, 2015
Notes  
7. Supplementary Cash Flow Information

7. SUPPLEMENTARY CASH FLOW INFORMATION

 

There was $6,169 and $3,150, respectively cash paid for interest for the three month periods ended August 31, 2015 and August 31, 2014; 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 brought to 6,500,000 the number of shares owned by the Company.  Subsequent sales reduced the number of shares to 6,380,000.