v3.25.4
Investment in associate (Tables)
6 Months Ended
Jan. 31, 2026
Investment in associate [Abstract]  
Summarized Balance Sheet
Summarized balance sheet
 
     
   
January 31, 2026
 
ASSETS
    
Cash
 $175 
Due from related parties
  
123,075
 
Start-up costs, net
  99,483 
Total assets
 $222,733 
      
LIABILITIES
    
Accounts payable and accrued liabilities
 $255,388 
Convertible notes
  1,322,100 
Loan to shareholder
  1,118 
Total liabilities
 $1,578,606 
Summarized Statement of Loss
Summarized statement of loss
 
         
    For the six
months ended
January 31, 2026
    For the three
months ended
January 31, 2026
 
Operating expenses
         
General and administrative expenses
 $2,546   $207 
Guaranteed payments
  150,899     -  
Legal and professional fees
  1,749    412 
Travel
  1,241     -  
Amortization
  7,869    2,376 
Total operating expenses
  (164,304   (2,995
           
Interest expenses
  (36,050   (18,225
Net loss
 $(200,354  $(21,220
Company’s ownership
  50%   50%
Company’s share of loss
 $(100,177  $(10,610
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
   (512,011
Balance as at July 31, 2025
 $ 707,989 
Company’s share of loss
   (100,177
Balance as at January 31, 2026
 $ 607,812