Related party transactions and balances |
6 Months Ended |
|---|---|
Jan. 31, 2026 | |
| Related party transactions and balances [Abstract] | |
| Related party transactions and balances |
14.
Related party transactions and balances
Parties are considered to be related if one party has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Related parties may be individuals or corporate entities. A transaction is a related party transaction when there is a transfer of resources or obligations between related parties.
At January 31, 2026, the Company had amounts owing and accrued liabilities of $90,318 (July 31, 2025 - $794,990) payable to directors and officers of the Company for salaries, expense reimbursements and professional fees. These amounts are non-interest bearing and have no terms of repayment. During the six months ended January 31, 2026, the Company incurred wages and management fees of $230,435 and $97,000, respectively, to officers of the Company. Share based compensation incurred to officers and directors of the Company amounted to $75,081. During the six months ended January 31, 2026, the Company accrued interest of $125,242 on convertible debentures payable to related parties (Note 10).
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