LOANS AND NOTES PAYABLE DISCLOSURE

12 Months Ended

Aug. 31, 2023

Notes

LOANS AND NOTES PAYABLE DISCLOSURE

NOTE 7. LOANS AND NOTES PAYABLE

The Company had loans and notes payable as at August 31, 2023 and August 31, 2022 totaling $158,371 and nil respectively, as follows:

Description	Principal Amount	Date of Loan Note	Maturity Date	August 31, 2023		August 31, 2022
Convertible loan note from World Market Ventures for 12 months, interest rate of 9%, convertible at 50% disc. to lowest price in past 30 days	27,500	10/19/2022	7/19/2023		29,740		-
Convertible loan note from CC Strategic Enterprises LLC for 12 months, interest rate of 9%, convertible at 50% disc. to lowest price in past 30 days	27,500	10/19/2022	7/19/2023		29,740		-
Convertible loan note from World Market Ventures for 12 months at interest rate of 12%, convertible at 50% disc. to lowest price in past 30 days	22,000	12/21/2022	9/21/2023		23,830		-
Convertible loan note from John Morgan for 12 months at interest rate of 12%, convertible at $0.0001 per share	50,000	3/9/2023	9/5/2023		52,877		-
Convertible loan note from World Market Ventures for 12 months at interest rate of 9%, convertible at 50% disc. to bid price on day before conversion - see note 6	22,000	7/282023	4/28/2024		22,184		-
Total				$	158,371	$	-
Long-term total				$	-	$	-
Short-term total				$	158,371	$	-

Loans and Notes Amortization	Amount Due
Due within 12 months	$	158,371
Due within 24 months		-
Due within 36 months		-
Due within 48 months		-
Due after 48 months		-
Total	$	158,371