Warrants

3 Months Ended

Oct. 31, 2023

Warrants

Warrants

Note 9 – Warrants

Warrant activity for the three months ended October 31, 2023 and the year ended July 31, 2023 are summarized as follows:

Warrants	Number of Warrants		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic 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	$	-
Granted		-	$	-		-		-
Exercised		-	$	-		-		-
Cancelled/Forfeited		-	$	-		-		-
Outstanding - October 31, 2023		1,425,000	$	1.00		4.41	$	-
Exercisable - October 31, 2023		1,425,000	$	1.00		4.41	$	-
Unvested - October 31, 2023		-	$	-		-	$	-

Warrant Transactions for the Fiscal 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.