4. Investment in Equity Security	9 Months Ended
Sep. 30, 2021
Notes
4. Investment in Equity Security	4. Investment in Equity Security In June 2019 in connection with the BeMetals Option Agreement (see Note 3), the Company received 10,000,000 shares of BeMetals Corp. common stock that had a fair value of $1,883,875 when received. On May 4, 2021, the Company sold 2,000,000 shares held in BeMetals Corp. for US $649,557 ($CAD 800,000). The shares of common stock were sold through Canaccord Genuity at a price of US $0.325 ($CAD 0.40). This sale meets the requirements under the terms of the BeMetals Option Agreement. At September 30, 2021, the fair value of the remaining shares is $1,547,820. For the three and nine months ended September 30, 2021, the Company recognized a gain of $0 and $92,685, respectively on the sale of BeMetals shares. There was no gain on sale for the three and nine months ended September 30, 2020. A foreign exchange gain of $9,147 was recognized on the sale as the funds were not transferred to the company until May 17, 2021. This gain is included in other income on the statement of operations. The Company had an unrealized loss on the change in fair value of the investment of $913,942 for the nine months ended September 30, 2021, compared to an unrealized gain of $1,454,058 in the same period of 2020. For the three months ended September 30, 2021, the Company had unrealized loss of $842,931 compared to, an unrealized gain of $839,917 for three months ended September 30, 2020.

4. Investment in Equity Security

9 Months Ended

Sep. 30, 2021

4. Investment in Equity Security

In June 2019 in connection with the BeMetals Option Agreement (see Note 3), the Company received 10,000,000 shares of BeMetals Corp. common stock that had a fair value of $1,883,875 when received.

On May 4, 2021, the Company sold 2,000,000 shares held in BeMetals Corp. for US $649,557 ($CAD 800,000). The shares of common stock were sold through Canaccord Genuity at a price of US $0.325 ($CAD 0.40). This sale meets the requirements under the terms of the BeMetals Option Agreement.

At September 30, 2021, the fair value of the remaining shares is $1,547,820. For the three and nine months ended September 30, 2021, the Company recognized a gain of $0 and $92,685, respectively on the sale of BeMetals shares. There was no gain on sale for the three and nine months ended September 30, 2020. A foreign exchange gain of $9,147 was recognized on the sale as the funds were not transferred to the company until May 17, 2021. This gain is included in other income on the statement of operations. The Company had an unrealized loss on the change in fair value of the investment of $913,942 for the nine months ended September 30, 2021, compared to an unrealized gain of $1,454,058 in the same period of 2020. For the three months ended September 30, 2021, the Company had unrealized loss of $842,931 compared to, an unrealized gain of $839,917 for three months ended September 30, 2020.