v3.26.1
CONDENSED CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 12 Months Ended
Feb. 28, 2026
Nov. 30, 2025
Feb. 28, 2025
Nov. 30, 2025
Cash flows from operating activities        
Net loss attributable to common stockholders $ (1,504,430)   $ (666,995)  
Adjustments to reconcile net loss attributable to common stockholders to net cash used in operating activities:        
Amortization expense 941      
Depreciation expense 1,483 $ 0    
Loss on foreign currency transactions 9,779      
Non-cash lease adjustment 24,638      
Non-cash consulting fees     15,250  
Preferred stock dividends 32,548      
Changes in operating assets and liabilities:        
Accounts payable and accrued liabilities (27,670)   66,571  
Prepaid expenses 107,639   (141,708)  
Due to related parties (214,231)   (59,015)  
Net cash used in operating activities (1,569,303)   (785,897)  
Cash flows from investing activities        
Purchase of property, plant and equipment (43,065)      
Purchase of intangible assets (10,694)      
Investment in mineral rights (18,155)   (300,000)  
Cash assumed on acquisition of Oregon Energy LLC 141,262      
Net cash provided by (used in) investing activities 69,348   (300,000)  
Cash flows from financing activities        
Proceeds from the issuance of common stock, net of issuance costs     1,073,087  
Proceeds from the pending issuance of common stock     1,350,470  
Proceeds from PIPE financing 29,700,000      
Cash assumed on reverse recapitalization 1,939,457      
Proceeds from the issuance of redeemable common stock       $ 300,000
Net cash provided by financing activities 31,639,457   2,423,557  
Effects of foreign exchange on cash (7,648)      
Increase in cash 30,131,854   1,337,660  
Cash and restricted cash, beginning of period 1,301,928   717 717
Cash and restricted cash, end of period 31,433,782 1,301,928 1,338,377 1,301,928
Presented as:        
Cash 31,292,822 1,301,928 1,338,377 1,301,928
Restricted cash 140,960      
Cash and restricted cash, end of period 31,433,782 $ 1,301,928 1,338,377 $ 1,301,928
Supplemental disclosure of non-cash information        
Share issuance costs in accounts payable     4,929  
Share issuance costs settled in shares 3,000,000      
Share issuance for acquisition of Oregon Energy LLC 11,959,827      
Conversion of redeemable common stock into nonredeemable common stock 300,000      
Reverse recapitalization 1,991,184      
Accretion of mezzanine equity $ 8,480      
Consultant bonus settled by issuance of bonus shares     $ 183,000