SHARE CAPITAL AND RESERVES (Details Narrative) - CAD ($) |
1 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Jan. 11, 2022 |
Dec. 13, 2021 |
Jul. 12, 2021 |
Oct. 18, 2021 |
Jul. 16, 2021 |
Jun. 30, 2021 |
Aug. 25, 2020 |
Jul. 31, 2022 |
Jul. 31, 2021 |
Dec. 31, 2021 |
Jul. 07, 2021 |
|
Shares issued on exercise of warrants | 7,000,000 | 1,000,000 | 1,909,092 | 2,000,000 | 1,527,273 | 1,200,000 | |||||
Number of Options granted | 1,995,700 | ||||||||||
Gross proceeds | $ 350,000 | ||||||||||
Proceeds from exercise of warrants | $ 350,000 | $ 200,000 | $ 95,455 | $ 1,000,000 | $ 76,364 | $ 60,000 | $ 296,418 | ||||
Proceeds from exercise of Options | 200,000 | ||||||||||
Fair value of Options | $ 200,000 | ||||||||||
Warrant exercise price | $ 0.05 | $ 0.20 | $ 0.05 | $ 0.05 | $ 0.05 | $ 0.05 | |||||
Weighted average remaining life of the outstanding options | 10 years | 9 years 5 months 12 days | |||||||||
Weighted average exercise price exercised | $ 0.20 | $ 0 | |||||||||
Common stock shares issued | 1,000,000 | ||||||||||
Expected life | 10 years | ||||||||||
Volatility | 350.00% | ||||||||||
Dividend yield | 0.00% | ||||||||||
Risk-free rate | 1.71% | ||||||||||
Fair value of the stock options granted to equity-settled share-based compensation | $ 399,140 | ||||||||||
Options fully vested as granted and valued | $ 399,140 | ||||||||||
Shares issued on exercise of options | 1,000,000 |