| Non-controlling interest |
| 17. | Non-controlling interest |
The changes to non-controlling interest are as follows:
| Schedule of non controlling interest | |
| | | |
| | |
| | |
May 31, 2026 | | |
August 31, 2025 | |
| Balance at beginning of period | |
$ | 17,015 | | |
$ | 11,136 | |
| Non-controlling interest’s 45% share of Buckreef’s comprehensive income | |
| 15,803 | | |
| 5,879 | |
| Balance at end of period | |
$ | 32,818 | | |
$ | 17,015 | |
Summarized financial information for Buckreef is disclosed below:
| Schedule of changes to the non-controlling interest | |
| | | |
| | | |
| | | |
| | |
| | |
Three months ended
May 31, | | |
Nine months ended
May 31, | |
| Income Statement | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Revenue | |
$ | 32,848 | | |
$ | 12,474 | | |
$ | 92,037 | | |
$ | 34,109 | |
| Depreciation | |
| 1,891 | | |
| 823 | | |
| 5,003 | | |
| 2,309 | |
| Accretion expense | |
| 225 | | |
| 190 | | |
| 651 | | |
| 615 | |
| Income tax expense | |
| 7,742 | | |
| 1,110 | | |
| 19,112 | | |
| 2,945 | |
| Comprehensive income for the period | |
| 12,293 | | |
| 2,940 | | |
| 35,118 | | |
| 6,797 | |
| Schedule of summarized financial information | |
| | | |
| | |
| Statement of Financial Position | |
May 31, 2026 | | |
August 31, 2025 | |
| Current assets | |
$ | 45,624 | | |
$ | 21,223 | |
| Non-current assets | |
| 105,454 | | |
| 89,368 | |
| Current liabilities | |
| (28,021 | ) | |
| (21,398 | ) |
| Non-current liabilities | |
| (22,635 | ) | |
| (18,428 | ) |
| Advances from parent, net | |
| (21,090 | ) | |
| (26,567 | ) |
| Schedule
of Statement of Cash Flows | |
| | | |
| | |
| | |
Nine months ended
May 31, | |
| Statement of Cash Flows | |
2026 | | |
2025 | |
| Cash provided by operating activities | |
$ | 28,838 | | |
$ | 12,055 | |
| Cash used in investing activities | |
| (22,974 | ) | |
| (10,917 | ) |
| Cash used in financing activities | |
| (4,059 | ) | |
| (1,135 | ) |
|