v3.25.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Apr. 30, 2025
Apr. 30, 2024
Apr. 30, 2025
Apr. 30, 2024
Income Statement [Abstract]        
Revenues, net $ 23,271 $ 72,923 $ 34,090 $ 72,923
Cost of goods sold 9,262 9,262
Gross profit 14,009 72,923 24,828 72,923
Operating expenses:        
Exploration expense 11,161 40,223 35,882 124,817
General and administrative expense 755,481 1,475,685 1,467,027 2,433,375
Stock-based compensation expense 115,652 504,912 605,966 912,530
Accretion expense 694 694 1,389 1,389
Total operating expenses 882,988 2,021,514 2,110,264 3,472,111
Loss from operations (868,979) (1,948,591) (2,085,436) (3,399,188)
Other expenses:        
Interest expense 30,154 982,691 348,520 1,141,989
Settlement fees 10,500 10,500
Loss on abandonment of oil and gas properties 574,419 574,419
Loss on extinguishment 90,200 90,200
Loss on conversion 1,104,153 80,702 1,196,306
Total other expenses 694,773 2,097,344 1,093,841 2,348,795
Loss before income taxes (1,563,752) (4,045,935) (3,179,277) (5,747,983)
Provision for income taxes
Net loss $ (1,563,752) $ (4,045,935) $ (3,179,277) $ (5,747,983)
Basic and Diluted Net Loss per Common Share        
Basic $ (0.22) $ (1.98) $ (0.53) $ (3.18)
Diluted $ (0.22) $ (1.98) $ (0.53) $ (3.18)
Weighted Average Number of Common Shares Outstanding        
Basic 7,069,202 2,043,843 6,000,152 1,808,201
Diluted 7,069,202 2,043,843 6,000,152 1,808,201
Comprehensive loss:        
Net loss $ (1,563,752) $ (4,045,935) $ (3,179,277) $ (5,747,983)
Foreign currency translation adjustment 34,846 34,846
Comprehensive loss $ (1,528,906) $ (4,045,935) $ (3,144,431) $ (5,747,983)