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Consolidated Statement of Cash Flows - USD ($)
12 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Operating Activities    
Net loss for the year $ (5,717,894) $ (5,945,556)
Items not affecting cash    
Depreciation 120,212 88,402
Share-based payment 254,375 493,154
Interest expense 24,221 17,270
Unrealized foreign exchange loss 55,293
Items not affecting cash total (5,319,086) (5,291,437)
Changes in non-cash working capital, net of acquisition    
Other receivables 7,801 346,176
Prepaid expenses and deposits (1,151) (143,765)
Due to related party 34,657 23,196
Accounts payable and accrued liabilities 33,453 (92,480)
Due from related party 2,808
Other non-current assets (33,481)
Changes in non-cash working capital total 74,760 102,454
Cash Used in Operating Activities (5,244,326) (5,188,983)
Financing Activities    
Issuance of common shares, net of share issue costs 5,234,972 4,071,026
Repayment of lease liability (94,875) (63,250)
Payment of share issuance costs (53,725)
Cash Provided by Financing Activities 5,140,097 3,954,051
Investing Activities    
Purchase of office and equipment (29,211) (43,785)
Net cash received on acquisition of Ekidos Minerals LLP 33,050
Loans to Ekidos Minerals LLP (2,136,500)
Cash Used in Investing Activities (29,211) (2,147,235)
Net Change in Cash and Cash Equivalents (133,440) (3,382,167)
Cash and Cash Equivalents, Beginning of Year 424,124 3,806,291
Cash and Cash Equivalents, End of Year $ 290,684 $ 424,124