Stockholders’ deficit | NOTE 5 – Stockholders’ deficit Common Stock Our common shares are all of the same class, are voting and entitle stockholders to receive dividends to the extent declared by the Board of Directors. Upon liquidation or wind-up, stockholders are entitled to participate equally with respect to any distribution of net assets. On May 26, 2023, the Company entered into a twelve-month stock compensation and subscription agreement with an investor relations firm that includes the issuance of 978,300 978,300 12,229 During the six months ended July 31, 2024, the Company issued a total of 185,381 35,000 0.1888 Subscription Receivable On September 29, 2022, the Company granted 674,000 ten years 0.15 104,226 101,100 674,000 3.15 September 30, 2027 On March 13, 2023, the Company granted 250,000 ten years 0.067 16,750 16,750 250,000 3.15 March 15, 2028 16,750 480 As of July 31, 2024, and January 31, 2024, the subscription receivable was $ 101,100 117,850 Stock Options Qualified and non-qualified incentive stock options outstanding at July 31, 2024 are as follows: Schedule of Stock Option Activity Number of Weighted Outstanding, January 31, 2024 2,808,760 $ 0.83 Granted 545,238 0.23 Expired – – Exercised (75,000 ) 0.05 Outstanding, July 31, 2024 3,278,998 $ 0.75 Exercisable, July 31, 2024 3,028,998 $ 0.79 These options had a weighted average remaining life of 9.37 355,478 0.229 On December 4, 2023, the Company entered into a letter of understanding with a geologist for services to be provided to the Company. As compensation, the Company will pay $ 4,000 10,000 4,000 three years 42,000 0.047 0.725 12,374 12,374 On June 28, 2024, the Company granted 165,737 ten years 0.226 37,457 0.226 0.226 10 178 4.36 0 During the six months ended July 31, 2024 and 2023, we recognized $ 238,966 25,600 As of July 31, 2024, there was $ 94,050 Warrants As of July 31, 2024, there were 14,111,368 13,603,836 1.99 0.13 2,229,746 Stock warrants outstanding at July 31, 2024 are as follows: Schedule of Stock Warrants Outstanding Number of Weighted Outstanding, January 31, 2024 14,254,813 $ 0.21 Issued – – Expired (143,445 ) 1.44 Exercised – – Outstanding, July 31, 2024 14,111,368 $ 0.19 Exercisable, July 31, 2024 13,603,836 $ 0.13 |