HQDA Elderly Life Network (HQDA) 10-Q 7 Nov 14 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Sep. 30, 2014	Nov. 07, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'Dynamic Gold Corp.	'
Entity Central Index Key	'0001304730	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--06-30	'
Document Period End Date	30-Sep-14	'
Document Fiscal Year Focus	'2015	'
Document Fiscal Period Focus	'Q1	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	9,875,000

Interim_Consolidated_Balance_S

Interim Consolidated Balance Sheets (USD $)	Sep. 30, 2014	Jun. 30, 2014
Current	'	'
Cash	$17,512	$8,096
Current	'	'
Accounts payable and accrued liabilities (Note 4)	10,546	8,971
Stockholders' equity (deficiency)	'	'
Capital stock (Note 6) Authorized: 75,000,000 shares, $0.001 par value Issued and outstanding 30 September 2014 - 9,875,000 common shares 30 June 2014 - 9,850,000 common shares	9,875	9,850
Additional paid-in capital	857,325	816,450
Deficit, accumulated during the exploration stage	-860,234	-827,175
Total stockholders' equity (deficiency)	6,966	-875
Total liabilities and stockholders' equity (deficiency)	$17,512	$8,096

Interim_Consolidated_Balance_S1

Interim Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2014	Jun. 30, 2014
Interim Consolidated Balance Sheets [Abstract]	'	'
Capital stock, shares authorized	75,000,000	75,000,000
Capital stock, par value per share	$0.00	$0.00
Capital stock, shares issued	9,875,000	9,850,000
Capital stock, shares outstanding	9,875,000	9,850,000

Interim_Consolidated_Statement

Interim Consolidated Statements of Operations (USD $)	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Expenses	'	'
Bank charges and interest	$87	$72
Consulting	921	'
Filing and financing fees	5,959	3,437
Legal and accounting	2,510	1,851
Management fees (Notes 7)	15,000	15,000
Office and miscellaneous (recovery)	182	-101
Regulatory fees	7,500	'
Rent (Notes 7)	900	900
Write-off of accounts payable (Note 4)	'	-2,238
Net loss	($33,059)	($18,921)
Basic and diluted loss per common share	($0.00)	($0.00)
Weighted average number of common shares outstanding	9,857,609	9,809,140

Interim_Consolidated_Statement1

Interim Consolidated Statements of Cash Flows (USD $)	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Cash flows from operating activities	'	'
Net loss	($33,059)	($18,921)
Adjustments to reconcile loss to net cash used by operating activities	'	'
Contributions to capital by related party - expenses (Notes 7)	15,900	15,900
Write-off of accounts payable (Note 4)	'	-2,238
Changes in operating assets and liabilities	'	'
Increase (decrease) in accounts payable and accrued liabilities	1,575	-13,624
Net cash used in operating activities	-15,584	-18,883
Cash flows from financing activities	'	'
Issuance of common shares for cash	25,000	25,000
Net cash provided by financing activities	25,000	25,000
Increase in cash	9,416	6,117
Cash, beginning	8,096	1,369
Cash, ending	$17,512	$7,486

Interim_Consolidated_Statement2

Interim Consolidated Statements of Changes in Stockholders' Equity (Deficiency) (USD $)	Total	Capital stock [Member]	Additional paid-in capital [Member]	Deficit, accumulated during the exploration stage [Member]
Balance at Jun. 30, 2013	($25,093)	$9,800	$702,900	($737,793)
Balance, shares at Jun. 30, 2013	'	9,800,000	'	'
Contributions to capital by related party - expenses (Notes 7)	15,900	'	15,900	'
Common shares issued for cash ($1.00 per share) (Note 6)	25,000	25	24,975	'
Common shares issued for cash ($1.00 per share), shares	'	25,000	'	'
Net loss	-18,921	'	'	-18,921
Balance at Sep. 30, 2013	-3,114	9,825	743,775	-756,714
Balance, shares at Sep. 30, 2013	'	9,825,000	'	'
Contributions to capital by related party - expenses (Notes 7)	47,700	'	47,700	'
Common shares issued for cash ($1.00 per share) (Note 6)	25,000	25	24,975	'
Common shares issued for cash ($1.00 per share), shares	'	25,000	'	'
Net loss	-70,461	'	'	-70,461
Balance at Jun. 30, 2014	-875	9,850	816,450	-827,175
Balance, shares at Jun. 30, 2014	9,850,000	9,850,000	'	'
Contributions to capital by related party - expenses (Notes 7)	15,900	'	15,900	'
Common shares issued for cash ($1.00 per share) (Note 6)	25,000	25	24,975	'
Common shares issued for cash ($1.00 per share), shares	'	25,000	'	'
Net loss	-33,059	'	'	-33,059
Balance at Sep. 30, 2014	$6,966	$9,875	$857,325	($860,234)
Balance, shares at Sep. 30, 2014	9,875,000	9,875,000	'	'

Interim_Consolidated_Statement3

Interim Consolidated Statements of Changes in Stockholders' Equity (Deficiency) (Parenthetical) (USD $)	0 Months Ended				3 Months Ended		9 Months Ended
	Aug. 27, 2014	27-May-14	Jan. 21, 2014	Aug. 28, 2013	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2014
Interim Consolidated Statements of Changes in Stockholders' Equity (Deficiency) [Abstract]	'	'	'	'	'	'	'
Common shares issued for cash, price per share	$1	$1	$1	$1	$1	$1	$1

Nature_and_Continuance_of_Oper

Nature and Continuance of Operations	3 Months Ended
	Sep. 30, 2014
Nature and Continuance of Operations [Abstract]	'
Nature and Continuance of Operations	'
	1.	Nature and Continuance of Operations
	Dynamic Gold Corp. (the “Company”) was incorporated under the laws of the State of Nevada on 21 January 2004 and is in the exploration stage.
	These interim consolidated financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The Company is an exploration stage enterprise, as defined in Accounting Standards Codification (the “Codification” or “ASC”) 915-10, “Development Stage Entities”. The Company is devoting all of its present efforts in establishing a new business, and its planned principle operations have not commenced, and, accordingly, no revenue has been derived during the organization period.
	These interim consolidated financial statements do not include all information and footnotes required by GAAP for complete financial statements. Except as disclosed herein, there have been no material changes in the information disclosed in the notes to the financial statements for the year ended 30 June 2014, included in the Company's Annual Report on Form 10-K, filed with the SEC. The interim unaudited financial statements should be read in conjunction with those financial statements for the year ended 30 June 2014 included in the Company's Annual Report on Form 10-K. In the opinion of management, all adjustments considered necessary for fair presentation, consisting solely of normal recurring adjustments, have been made. Operating results for the three months ended 30 September 2014, are not necessarily indicative of the results that may be expected for the year ending 30 June 2015.
	The Company is in the business of acquiring and exploring mineral properties. The recoverability of the amounts expended by the Company on acquiring and exploring mineral properties is dependent upon the existence of economically recoverable reserves, the ability of the Company to complete the acquisition and/or development of the properties and upon future profitable production.
	The Company's interim consolidated financial statements as at 30 September 2014 and for the three month period then ended have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. The Company has a loss of $33,059 for the three month period ended 30 September 2014 (30 September 2013 – $18,921) and has a working capital of $6,966 at 30 September 2014 (30 June 2014 – working capital deficit of $875).
	Management cannot provide assurance that the Company will ultimately achieve profitable operations or become cash flow positive, or raise additional debt and/or equity capital. Management believes that the Company's capital resources should be adequate to continue operating and maintaining its business strategy during the fiscal year ending 30 June 2015. However, if the Company is unable to raise additional capital in the near future, due to the Company's liquidity problems, management expects that the Company will need to curtail operations, liquidate assets, seek additional capital on less favourable terms and/or pursue other remedial measures. Management is aware, in making its assessment, of material uncertainties related to events or conditions that may cast significant doubt upon the Company's ability to continue as a going concern.
	At 30 September 2014, the Company had incurred losses from exploration activities to date. Although management is currently attempting to implement its business plan, and is seeking additional sources of equity or debt financing, there is no assurance these activities will be successful. Accordingly, the Company must rely on its president to perform essential functions without compensation until a business operation can be commenced.These factors raise substantial doubt about the ability of the Company to continue as a going concern. The interim consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.
	These factors raise substantial doubt about the ability of the Company to continue as a going concern. The interim consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Recent_Accounting_Pronouncemen

Recent Accounting Pronouncement	3 Months Ended
	Sep. 30, 2014
Recent Accounting Pronouncement [Abstract]	'
Recent Accounting Pronouncement	'
	2.	Recent Accounting Pronouncement
	The Company has elected to early adopt the guidance in FASB Topic 915 and no longer provides the disclosure for development stage companies. Accordingly, the figures for the period from inception to the current period are no longer provided.
	In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-11, “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists”, which is intended to eliminate the diversity that is in practice with regard to the financial statement presentation of unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. ASU No. 2013-11 is effective for fiscal years and interim periods within those years, beginning after 15 December 2014, with early adoption permissible. The adoption of this update is not expected to have a material impact on the Company's interim consolidated financial statements.
	Other recent accounting pronouncements with future effective dates are not expected to have an impact on the Company's financial statements.

Mineral_Property

Mineral Property	3 Months Ended
	Sep. 30, 2014
Mineral Property [Abstract]	'
Mineral Property	'
	3.	Mineral Property
	During the year ended 30 June 2008, the Company acquired, through its wholly owned subsidiary, a 100% undivided rights, title and interest in and to two gravel claims called the Northern Gravel Claims and Super Mammoth Gravel Claims (the “Super Mammoth Gravel Project”) situated along the Homfray Channel at Lloyd Point on the south coast of British Columbia, Canada for $25,000. The Super Mammoth Gravel Project consists of two mineral claim tenures that are approximately 124.1 hectares (“ha”) each in size (total 248.2 ha). The claims are currently in good standing until their respective anniversary dates which are 6 November 2014 (Northern Gravel Claims) and 19 January 2015 (Super Mammoth Claim). The acquisition cost of $25,000 was initially capitalized as a tangible asset. During the year ended 30 June 2008, the Company recorded a write-down of mineral property acquisition costs of $25,000 related to the Super Mammoth Gravel Project.
	The Company had no expenditures related to the Super Mammoth Gravel Project for the three month ended 30 September 2014 (30 September 2013 - $Nil).

Accounts_Payable_and_Accrued_L

Accounts Payable and Accrued Liabilities	3 Months Ended
	Sep. 30, 2014
Accounts Payable and Accrued Liabilities [Abstract]	'
Accounts Payable and Accrued Liabilities	'
	4.	Accounts Payable and Accrued Liabilities
	Accounts payable and accrued liabilities are non-interest bearing, unsecured and have settlement dates within one year.
	During the three month period ended 30 September 2014, the Company wrote off accounts payable balance in the amount of $Nil (30 September 2013 – $2,238) related to finance charges that were forgiven by the vendor.

Due_to_Related_Party

Due to Related Party	3 Months Ended
	Sep. 30, 2014
Due to Related Party [Abstract]	'
Due to Related Party	'
	5.	Due to Related Party
	The Company had a loan from an officer, director and shareholder of the Company in the amount of $200,000, by way of loan agreements entered into on 14 September 2011, 22 September 2011, 7 January 2012, 8 January 2012, 8 May 2012, 8 September 2012, 8 January 2013 and 5 February 2013. The loan had an interest of 10% per annum, was secured by a general agreement over all of the assets of the Company and was due and repayable on 8 January 2014.
	On 26 April 2013, the Company paid $90,000 and issued 185,000 common shares at a price of $1.00 per share for a total consideration of $275,000 to an officer, director and shareholder of the Company as full settlement of the outstanding balance. Prior to the debt settlement, the Company had accrued cumulative interest of $75,000.

Capital_Stock

Capital Stock	3 Months Ended
	Sep. 30, 2014
Capital Stock [Abstract]	'
Capital Stock	'
	6.	Capital Stock
	Authorized
	The total authorized capital is 75,000,000 common shares with a par value of $0.001.
	Issued and outstanding
	At 30 September 2014, the total issued and outstanding capital stock is 9,875,000 common shares with a par value of $0.001 per common share (30 June 2014 – 9,850,000).
	On 27 August 2014, the Company completed a private placement of 25,000 common shares at a price of $1.00 per share for total proceeds of $25,000.
	On 27 May 2014, the Company completed a private placement of 10,000 common shares at a price of $1.00 per share for total proceeds of $10,000.
	On 21 January 2014, the Company completed a private placement of 15,000 common shares at a price of $1.00 per share for total proceeds of $15,000.
	On 28 August 2013, the Company issued 25,000 common shares at a price of $1.00 per share for total proceeds of $25,000.

Related_Party_Transactions

Related Party Transactions	3 Months Ended
	Sep. 30, 2014
Related Party Transactions [Abstract]	'
Related Party Transactions	'
	7.	Related Party Transactions
	During the three month period ended 30 September 2014, an officer and director of the Company made contributions to capital for management fees in the amount of $15,000 (30 September 2013 – $15,000) and for rent in the amount of $900 (30 September 2013 – $900).

Supplemental_Disclosures_with_

Supplemental Disclosures with Respect to Cash Flows	3 Months Ended
	Sep. 30, 2014
Supplemental Disclosures with Respect to Cash Flows [Abstract]	'
Supplemental Disclosures with Respect to Cash Flows	'
	8.	Supplemental Disclosures with Respect to Cash Flows
			For the	For the
			three month	three month
			period ended	period ended
			30-Sep	30-Sep
			2014	2013
			$	$
		Cash paid during the period for interest	-	-
		Cash paid during the period for income taxes	-	-
	During the three month period ended 30 September 2014, an officer and director of the Company made contributions to capital for management fees in the amount of $15,000 (30 September 2013 – $15,000) and for rent in the amount of $900 (30 September 2013 – $900) (Note 7).
	During the year ended 30 June 2013, the Company issued 185,000 common shares at a price of $1.00 per share for a total consideration of $185,000 to an officer, director and shareholder of the Company as part of a settlement of the outstanding balance due to related party (Note 5).

Subsequent_Event

Subsequent Event	3 Months Ended
	Sep. 30, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	9.	Subsequent Event
	On 3 October 2014, the Company renewed its exploration claims on the Northern Gravel Claims and Super Mammoth Gravel Claims. The Northern Gravel Claims are valid until 6 November 2015 and the Super Mammoth Gravel Claims are valid until 19 January 2016. The Company is in compliance with the British Columbia Mineral Tenure Act.

Significant_Accounting_Policie

Significant Accounting Policies (Policy)	3 Months Ended
	Sep. 30, 2014
Significant Accounting Policies [Abstract]	'
Recent Accounting Pronouncement	'
	Recent Accounting Pronouncement
	The Company has elected to early adopt the guidance in FASB Topic 915 and no longer provides the disclosure for development stage companies. Accordingly, the figures for the period from inception to the current period are no longer provided.
	In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-11, “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists”, which is intended to eliminate the diversity that is in practice with regard to the financial statement presentation of unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. ASU No. 2013-11 is effective for fiscal years and interim periods within those years, beginning after 15 December 2014, with early adoption permissible. The adoption of this update is not expected to have a material impact on the Company's interim consolidated financial statements.
	Other recent accounting pronouncements with future effective dates are not expected to have an impact on the Company's financial statements.

Supplemental_Disclosures_with_1

Supplemental Disclosures with Respect to Cash Flows (Tables)	3 Months Ended
	Sep. 30, 2014
Supplemental Disclosures with Respect to Cash Flows [Abstract]	'
Schedule of Supplemental Cash Flow Information	'
			For the	For the
			three month	three month
			period ended	period ended
			30-Sep	30-Sep
			2014	2013
			$	$
		Cash paid during the period for interest	-	-
		Cash paid during the period for income taxes	-	-

Nature_and_Continuance_of_Oper1

Nature and Continuance of Operations (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2014
Nature and Continuance of Operations [Abstract]	'	'	'
Net loss	($33,059)	($18,921)	($70,461)
Working capital (deficit)	$6,966	'	($875)

Mineral_Property_Details

Mineral Property (Details) (Super Mammoth Gravel Project [Member], USD $)	3 Months Ended		12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2008
			ha
Super Mammoth Gravel Project [Member]	'	'	'
Projects with Exploratory Well Costs Capitalized for More than One Year [Line Items]	'	'	'
Percentage of undivided rights acquired in exploration properties	'	'	100.00%
Acquisition costs for unproven mineral properties	'	'	$25,000
Write-down of mineral property acquisition costs related to project	'	'	25,000
Total area of land	'	'	248.2
Each size of area of land	'	'	124.1
Expenditures related to the project	'	'	'

Accounts_Payable_and_Accrued_L1

Accounts Payable and Accrued Liabilities (Details) (USD $)	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Accounts Payable and Accrued Liabilities [Abstract]	'	'
Write-off of accounts payable related to finance charges	'	$2,238

Due_to_Related_Party_Details

Due to Related Party (Details) (USD $)	1 Months Ended	12 Months Ended
	Apr. 26, 2013	Jun. 30, 2013
Related Party Transaction [Line Items]	'	'
Common shares issued for debt, shares	'	185,000
Common shares issued for debt, price per share	'	$1
Officer Director And Shareholder [Member]	'	'
Related Party Transaction [Line Items]	'	'
Principal loan amount	'	$200,000
Interest rate	'	10.00%
Maturity date	'	8-Jan-14
Accrued cumulative interest, related party loan	'	75,000
Payment toward related party balance due	90,000	'
Common shares issued for debt, shares	185,000	'
Common shares issued for debt, price per share	$1	'
Total consideration given for related party debt	$275,000	'

Capital_Stock_Details

Capital Stock (Details) (USD $)	0 Months Ended				3 Months Ended		9 Months Ended
	Aug. 27, 2014	27-May-14	Jan. 21, 2014	Aug. 28, 2013	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2014
Capital Stock [Abstract]	'	'	'	'	'	'	'
Capital stock, shares authorized	'	'	'	'	75,000,000	'	75,000,000
Capital stock, par value per share	'	'	'	'	$0.00	'	$0.00
Capital stock, shares issued	'	'	'	'	9,875,000	'	9,850,000
Capital stock, shares outstanding	'	'	'	'	9,875,000	'	9,850,000
Common shares issued for cash	$25,000	$10,000	$15,000	$25,000	$25,000	$25,000	$25,000
Common shares issued for cash, shares	25,000	10,000	15,000	25,000	'	'	'
Common shares issued for cash, price per share	$1	$1	$1	$1	$1	$1	$1

Related_Party_Transactions_Det

Related Party Transactions (Details) (USD $)	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Related Party Transactions [Abstract]	'	'
Contributions to capital for management fees	$15,000	$15,000
Contributions to capital for rent	$900	$900

Supplemental_Disclosures_with_2

Supplemental Disclosures with Respect to Cash Flows (Details) (USD $)	3 Months Ended		12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2013
Supplemental Disclosures with Respect to Cash Flows [Abstract]	'	'	'
Cash paid during the period for interest	'	'	'
Cash paid during the period for income taxes	'	'	'
Contributions to capital for management fees	15,000	15,000	'
Contributions to capital for rent	900	900	'
Common shares issued for debt	'	'	$185,000
Common shares issued for debt, shares	'	'	185,000
Common shares issued for debt, price per share	'	'	$1

Subsequent_Event_Details

Subsequent Event (Details) (Subsequent Event [Member])	3 Months Ended
	Sep. 30, 2014
Subsequent Event [Member]	'
Subsequent Event [Line Items]	'
Subsequent event, date	3-Oct-14
Subsequent event, description	'the Company renewed its exploration claims on the Northern Gravel Claims and Super Mammoth Gravel Claims.