Warrants

12 Months Ended

Jul. 31, 2023

Warrants

Warrants

Note 9 – Warrants

Warrant activity for the years ended July 31, 2023 and 2022 are summarized as follows:

					Weighted
					Average
			Weighted		Remaining		Aggregate
	Number of		Average		Contractual		Intrinsic
Warrants	Warrants		Exercise Price		Term (Years)		Value
Outstanding - July 31, 2022		-	$	-		-	$	-
Exercisable - July 31, 2022		-	$	-		-	$	-
Granted		1,425,000	$	1.00		-		-
Exercised		-	$	-		-		-
Cancelled/Forfeited		-	$	-		-		-
Outstanding - July 31, 2023		1,425,000	$	1.00		4.66	$	-
Exercisable - July 31, 2023		1,425,000	$	1.00		4.66	$	-

Warrant Transactions for the Year Ended July 31, 2023

Warrants Issued with Common Stock

During 2023, the Company sold 1,425,000 units of common stock and warrants for $285,000 ($0.20/share).

In connection with the sale of these units, the investors also received 1,425,000, five (5) year warrants, exercisable at $1/share. All warrants were fully vested on the issuance date.