v3.26.1
STATEMENT OF CASH FLOWS - USD ($)
12 Months Ended
Nov. 30, 2025
Nov. 30, 2024
Cash flows from operating activities    
Net loss $ (5,260,632) $ (1,020,057)
Adjustments to reconcile net loss to net cash used in operating activities:    
Loss on impairment   70,000
Amortization expense 1,515  
(Gain) loss on foreign currency transactions 13,118 (574)
Non-cash lease adjustment 3,662  
Non-cash consulting fees 137,250 167,750
Changes in operating assets and liabilities:    
Accounts payable and accrued liabilities 416,093 101,316
Deposits (71,506)  
Prepaid expenses (162,470) (427)
Due to related parties (238,443) 518,468
Net cash used in operating activities (5,161,413) (163,524)
Cash flows from investing activities    
Purchase of intangible assets (67,430)  
Investment in mineral rights (1,193,415) (70,000)
Net cash used in investing activities (1,260,845) (70,000)
Cash flows from financing activities    
Proceeds from the issuance of common shares, net of share issuance costs 7,436,308 233,667
Proceeds from the issuance of redeemable common stock 300,000  
Net cash provided by financing activities 7,736,308 233,667
Effects of foreign exchange on cash (12,839) 574
Increase in cash 1,301,211 717
Cash, beginning of period 717  
Cash, end of period 1,301,928 717
Supplemental disclosure of non-cash information    
Share issuance costs in accounts payable   $ 4,929
Share issuance costs settled in shares 348,194  
Investment in mineral rights in accounts payable 7,975  
Consultant bonus settled by issuance of bonus shares 183,000  
Consulting fees paid by issuance of shares $ 122,000