STATEMENTS OF CASH FLOWS - USD ($)
|
12 Months Ended |
Jun. 30, 2019 |
Jun. 30, 2018 |
Jun. 30, 2017 |
| Cash Resources Provided By (Used In) Operating Activities |
|
|
|
| Loss for the year |
$ (516,860)
|
$ (712,711)
|
$ (439,606)
|
| Items not affecting cash |
|
|
|
| Depreciation |
|
731
|
730
|
| Interest on promissory notes |
16,432
|
7,486
|
45,000
|
| Settlement of debt |
(5,250)
|
(382,838)
|
|
| Financing cost |
|
151,110
|
|
| Share-based payments |
92,250
|
41,950
|
|
| Transaction cost |
|
335,057
|
|
| Changes in non-cash working capital |
|
|
|
| Receivables |
(2,212)
|
(5,131)
|
(1,197)
|
| Prepaid expenses and deposits |
12,783
|
84,562
|
(22,392)
|
| Accounts payable and accrued liabilities |
(76,986)
|
48,937
|
110,243
|
| Cash Resources Provided By (Used In) Operating Activities |
(479,843)
|
(430,847)
|
(307,222)
|
| Financing Activities |
|
|
|
| Private placements |
550,000
|
350,000
|
|
| Promissory note principal repayment |
(30,000)
|
|
|
| Interest paid on promissory notes |
(4,919)
|
|
|
| Proceeds from exercise of warrants |
|
20,000
|
|
| Advances from joint venture partner |
|
79,676
|
301,990
|
| Proceeds from (repayment of) loans from related parties |
|
(13,100)
|
29,100
|
| Financing Activities |
515,081
|
436,576
|
331,090
|
| Change in cash |
35,238
|
5,729
|
23,868
|
| Cash Position - Beginning of Year |
30,887
|
25,158
|
1,290
|
| Cash Position - End of Year |
$ 66,125
|
$ 30,887
|
$ 25,158
|