v3.25.2
Investment in associate (Tables)
9 Months Ended
Apr. 30, 2025
Investment in associate [Abstract]  
Summarized balance sheet
Summarized balance sheet

 
 
April 30, 2025
 
ASSETS
     
Cash
 
$
1
 
Due from related parties
   
70,040
 
Prepaid expenses
   
40,000
 
Start-up costs, net
   
105,589
 
Total assets
 
$
215,630
 
 
       
LIABILITIES
       
Accounts payable and accrued liabilities
 
$
246,808
 
Convertible notes
   
1,267,425
 
Total liabilities
 
$
1,514,233
 
Summarized statement of loss
Summarized statement of loss

 
 
November 6, 2024 to
April 30, 2025
 
Operating expenses
     
Consulting expenses
 
$
620,000
 
General and administrative expenses
   
8,015
 
Guaranteed payments
    160,008  
Legal and professional fees
   
6,143
 
Travel
    1,230  
Amortization
   
1,763
 
Total operating expenses
   
(797,159
)
 
       
Interest expenses
   
(14,150
)
Net loss
 
$
(811,309
)
Continuity of the Company's Investment in Associate
A continuity of the Company’s investment in associate is as follows:

Balance as at July 31, 2024
 
$
-
 
Investment by the Company
   
1,220,000
 
Company’s share of loss
   
(405,654
)
Balance as at April 30, 2025
 
$
814,346