| 6. |
DUE TO RELATED PARTIES |
As
of June 30, 2026, due to related parties balance of $489,974 (June 30, 2025: $452,659) represents the combination of the following:
| |
a) |
$461,974 (June 30, 2025: $424,659) was payable to a principal
shareholder’s company, for the operating expenses paid by the related party on behalf of the Company. The loan amount is unsecured,
non-interest bearing and due on demand; |
| |
|
|
| |
b) |
$28,000 (June 30, 2025: $28,000) owed to a director of the
Company, for the amount of office, travel and telephone expenses paid by the related party on behalf of the Company. The amount is unsecured,
non-interest bearing and due on demand. |
|