v3.26.1
Promissory Notes
12 Months Ended
Jan. 31, 2026
Promissory Notes  
Promissory Notes

7. Promissory Notes

 

 

 

Promissory Notes

$

 

Balance, January 31, 2023, 2024 and 2025

 

 

 

Proceeds from issuances of promissory notes (Notes 7(a) and 7(b))

 

 

411,000

 

Interest

 

 

14,418

 

Balance, January 31, 2026

 

 

425,418

 

 

(a) On June 5, 2025, the Company issued unsecured promissory notes for $275,000 (Note 14). The promissory notes bear interest at 6% per annum and have maturity date of May 31, 2026.

 

(b) On October 31, 2025, the Company issued an unsecured promissory note of $136,000 (Note 14). The promissory note bear interest at 6% per annum and have a maturity date of May 31, 2026.

 

As at January 31, 2026, accrued interest of $14,418 (January 31, 2025 - $nil) was included in promissory notes.