v3.25.2
MARKETABLE SECURITIES
9 Months Ended
May 31, 2025
Investments, Debt and Equity Securities [Abstract]  
MARKETABLE SECURITIES [Text Block]

4. MARKETABLE SECURITIES

On May 4, 2022 ("Closing Date"), the Company announced the sale of its Clayton Valley unpatented mining claims to Cypress Development Corporation ("Cypress") and as a result of this transaction received 3,000,000 shares of Cypress along with $1,100,000 in cash. During January 2023 Cypress underwent a name change to Century Lithium Corp ("Century"). As at May 31, 2025 the Company has disposed of all 3,000,000 shares of Century, of which 350,600 were sold during the nine-month period May 31, 2025 (nine-month period May 31, 2024 - 1,214,500).

As at May 31, 2025, the movement in the Company's marketable securities is as follows:

Balance, August 31, 2024 $ 67,516  
Mark to market   377,803  
Unrealized foreign exchange gain (loss)   -  
Proceeds from disposal   (75,947 )
Realized loss on disposal   (352,239 )
Realized Foreign exchange loss on disposal   (17,133 )
Balance, November 30, 2024 $ -  
Additions   -  
Balance, February 28, 2025 $ -  
Additions   -  
Balance, May 31, 2025 $ -