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Debt settlements	9 Months Ended
Mar. 31, 2017
Notes to Financial Statements
Debt settlements	*6. Debt settlements* On December 31, 2016, the Company issued 1,486,101 common shares in exchange for the cancellation of $51,996 in vendor debt. The fair value of the 1,486,101 common shares was $89,166, which resulted in a loss on settlement of debt of $37,170. On January 1, 2017, the Company agreed to issue 300,000 common shares and paid $15,000 cash in exchange for past legal services in the amount of $62,149.

Debt settlements

9 Months Ended

Mar. 31, 2017

6. Debt settlements

On December 31, 2016, the Company issued 1,486,101 common shares in exchange for the cancellation of $51,996 in vendor debt. The fair value of the 1,486,101 common shares was $89,166, which resulted in a loss on settlement of debt of $37,170.

On January 1, 2017, the Company agreed to issue 300,000 common shares and paid $15,000 cash in exchange for past legal services in the amount of $62,149.