Document and Entity Information
Document and Entity Information | 9 Months Ended |
Mar. 31, 2017shares | |
Document And Entity Information | |
Entity Registrant Name | Golden Star Resource Corp. |
Entity Central Index Key | 1,375,348 |
Document Type | 10-Q |
Document Period End Date | Mar. 31, 2017 |
Amendment Flag | false |
Current Fiscal Year End Date | --06-30 |
Entity Filer Category | Smaller Reporting Company |
Entity Common Stock, Shares Outstanding | 7,070,000 |
Trading Symbol | GLNS |
Document Fiscal Period Focus | Q3 |
Document Fiscal Year Focus | 2,017 |
Interim Balance Sheets (Unaudit
Interim Balance Sheets (Unaudited) - USD ($) | Mar. 31, 2017 | Jun. 30, 2016 |
Current | ||
Cash | $ 14 | $ 65 |
Prepaid fees | 5,000 | |
TOTAL ASSETS | 5,014 | 65 |
Current | ||
Accounts payables and accrued liabilities | 168,554 | 181,704 |
Loan payable (Note 7) | 268,029 | 240,218 |
Due to related parties (Note 6) | 82,959 | 82,959 |
TOTAL LIABILITIES | 519,542 | 504,881 |
STOCKHOLDERS' (DEFICIENCY) EQUITY | ||
Capital stock (Note 5) Authorized: 100,000,000 voting common shares with a par value of $0.00001 per share 100,000,000 preferred shares with a par value of $0.00001 per share; none issued Issued: 7,070,000 common shares at March 3, 2017 and June 30, 2016 | 70 | 70 |
Additional paid in capital | 106,990 | 106,990 |
Deficit Accumulated During the Exploration Stage | (621,588) | (611,876) |
TOTAL STOCKHOLDERS' (DEFICIENCY) EQUITY | (514,528) | (504,816) |
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIENCY) EQUITY | $ 5,014 | $ 65 |
Interim Balance Sheets (Unaudi3
Interim Balance Sheets (Unaudited) (Parenthetical) - $ / shares | Mar. 31, 2017 | Jun. 30, 2016 |
Statement of Financial Position [Abstract] | ||
Common stock, voting shares | 100,000,000 | 100,000,000 |
Common stock, par value | $ 0.00001 | $ 0.00001 |
Preferred stock, shares authorized | 100,000,000 | 100,000,000 |
Preferred stock, par value | $ 0.00001 | $ 0.00001 |
Preferred stock, shares issued | ||
Common stock, shares issued | 7,070,000 | 7,070,000 |
Interim Statements of Operation
Interim Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Mar. 31, 2017 | Mar. 31, 2016 | Mar. 31, 2017 | Mar. 31, 2016 | |
Expenses | ||||
Foreign exchange (gain) loss | $ (248) | |||
Interest expenses | 18 | 17 | 54 | 23 |
Office and sundry | 13 | |||
Professional fees | 1,739 | 2,192 | (64) | 3,442 |
Transfer and filing fees | 4,073 | 11,859 | 9,970 | 25,253 |
Total Expenses | 5,830 | 14,068 | 9,712 | 28,731 |
Net Loss and Comprehensive Loss | $ (5,830) | $ (14,068) | $ (9,712) | $ (28,731) |
Basic and fully diluted loss per share | $ 0 | $ 0 | $ 0 | $ 0 |
Weighted average number of common shares outstanding | 7,070,000 | 7,070,000 | 7,070,000 | 7,070,000 |
Interim Statements of Cash Flow
Interim Statements of Cash Flows (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Mar. 31, 2017 | Mar. 31, 2016 | Mar. 31, 2017 | Mar. 31, 2016 | |
Cash flow from operating activities | ||||
Net loss for the period | $ (5,830) | $ (14,068) | $ (9,712) | $ (28,731) |
Items not affecting cash: | ||||
Prepaid expense | (5,000) | |||
Accounts payables and accrued liabilities | (13,150) | (972) | ||
Net Cash Used in Operating Activities | (27,862) | (29,703) | ||
Cash flow from financing activities | ||||
Loan payable | 27,811 | 29,681 | ||
Net Cash Provided by Financing Activities | 27,811 | 29,681 | ||
Cash increase (decrease) in the period | (51) | (22) | ||
Cash, beginning of period | 65 | 16 | ||
Cash, end of period | $ 14 | $ (6) | $ 14 | $ (6) |
Interim Statements of Stockhold
Interim Statements of Stockholders' (Deficiency) Equity (Unaudited) - USD ($) | Number of Common Shares, Par Value [Member] | Additional Paid-In Capital [Member] | Accumulated Other Comprehensive Income [Member] | Deficit Accumulated During The Exploration Stage [Member] | Total |
Balance at Jun. 30, 2012 | $ 70 | $ 106,990 | $ (345,516) | $ (238,456) | |
Balance, shares at Jun. 30, 2012 | 7,070,000 | ||||
Net loss for the year | (125,932) | (125,932) | |||
Balance at Jun. 30, 2013 | $ 70 | 106,990 | (471,448) | (364,388) | |
Balance, shares at Jun. 30, 2013 | 7,070,000 | ||||
Net loss for the year | (53,610) | (53,610) | |||
Balance at Jun. 30, 2014 | $ 70 | 106,990 | (525,058) | (417,998) | |
Balance, shares at Jun. 30, 2014 | 7,070,000 | ||||
Net loss for the year | (57,136) | (57,136) | |||
Balance at Jun. 30, 2015 | $ 70 | 106,990 | (582,194) | (475,134) | |
Balance, shares at Jun. 30, 2015 | 7,070,000 | ||||
Net loss for the year | (29,682) | (29,682) | |||
Balance at Jun. 30, 2016 | $ 70 | 106,990 | (611,876) | (504,816) | |
Balance, shares at Jun. 30, 2016 | 7,070,000 | ||||
Net loss for the year | (9,712) | (9,712) | |||
Balance at Mar. 31, 2017 | $ 70 | $ 106,990 | $ (621,588) | $ (514,528) | |
Balance, shares at Mar. 31, 2017 | 7,070,000 |
Nature of Operations
Nature of Operations | 9 Months Ended |
Mar. 31, 2017 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Nature of Operations | 1. NATURE OF OPERATIONS Organization The Company was incorporated in the State of Nevada, U.S.A. on April 21, 2006. Exploration Stage Activities The Company has been in the exploration stage since its formation and is primarily engaged in the acquisition and exploration of mining claims. Upon location of a commercial minable reserve, the Company expects to actively prepare the site for its extraction and enter a development stage. During the fiscal year 2012, the Company entered into an agreement with Mayan Mineral Ltd. to acquire a resource property in Nevada (Note 4). Currently, the Company is actively looking for other mineral properties for its planned business operation. Going Concern These financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”) applicable to a going concern, which contemplates the realization of assets and the satisfaction of liabilities and commitments in the normal course of business. The general business strategy of the Company is to acquire and explore mineral properties. The continued operations of the Company and the recoverability of mineral property costs is dependent upon the existence of economically recoverable mineral reserves, the ability of the Company to obtain necessary financing to complete the development of its properties, and upon future profitable production. The Company has not generated any revenues or completed development of any properties to date. Further, the Company has a working capital deficit of $514,528 (June 30, 2016 - $504,816), has incurred losses of $621,588 since inception, and further significant losses are expected to be incurred in the exploration and development of its mineral properties. The Company will require additional funds to meet its obligations and maintain its operations. There can be no guarantee that the Company will be successful in raising the necessary financing. Management’s plans in this regard are to raise equity financing as required. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. These financial statements do not include any adjustments that might result from this uncertainty. |
Summary of Significant Accounti
Summary of Significant Accounting Policies | 9 Months Ended |
Mar. 31, 2017 | |
Accounting Policies [Abstract] | |
Summary of Significant Accounting Policies | 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The financial statements of the Company have been prepared in accordance with US GAAP. Because a precise determination of many assets and liabilities is dependent upon future events, the preparation of financial statements for a period necessarily involves the use of estimates which have been made using careful judgment. Actual results may vary from these estimates. The financial statements have, in management’s opinion, been properly prepared within reasonable limits of materiality and within the framework of the significant accounting policies summarized below. a) Cash The Company considers all highly liquid instruments with maturity of three months or less at the time of issuance to be cash equivalents. There are no cash equivalents as at March 31, 2017 (June 30, 2016: $nil). b) Mineral Property Acquisition Payments The Company expenses all costs incurred on mineral properties to which it has secured exploration rights prior to the establishment of proven and probable reserves. If and when proven and probable reserves are determined for a property and a feasibility study prepared with respect to the property, then subsequent exploration and development costs of the property will be capitalized. The Company regularly performs evaluations of any investment in mineral properties to assess the recoverability and/or the residual value of its investments in these assets. All long-lived assets are reviewed for impairment whenever events or circumstances change which indicate the carrying amount of an asset may not be recoverable. c) Exploration Expenditures The Company follows a policy of expensing exploration expenditures until a production decision in respect of the project and the Company is reasonably assured that it will receive regulatory approval to permit mining operations, which may include the receipt of a legally binding project approval certificate. d) Asset Retirement Obligations The Company has adopted ASC 410, “Accounting for Asset Retirement Obligations”, which requires that an asset retirement obligation (“ARO”) associated with the retirement of a tangible long-lived asset be recognized as a liability in the period which it is incurred and becomes determinable, with an offsetting increase in the carrying amount of the associated asset. The cost of the tangible asset, including the initially recognized ARO, is depleted, such that the cost of the ARO is recognized over the useful life of the asset. The ARO is recorded at fair value, and accretion expense is recognized over time as the discounted liability is accreted to its expected settlement value. The fair value of the ARO is measured using expected future cash flow, discounted at the Company’s credit-adjusted risk-free interest rate. To date, no significant asset retirement obligation exists due to the early stage of exploration. Accordingly, no liability has been recorded. e) Use of Estimates and Assumptions The preparation of financial statements in conformity with United States generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the Date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. f) Financial Instruments ASC 820, “Fair Value Measurements and Disclosures” requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 prioritizes the inputs into three levels that may be used to measure fair value: Level 1 - Quoted prices in active markets for identical assets or liabilities; Level 2 - Inputs other than quoted prices included within Level 1 that are either directly or indirectly observable; and Level 3 - Unobservable inputs that are supported by little or no market activity, therefore requiring an entity to develop its own assumptions about the assumptions that market participants would use in pricing. The Company’s financial instruments consist principally of cash, accounts payable and accrued liabilities, loan payable and due to a related party. Pursuant to ASC 820, the fair value of our cash is determined based on “Level 1” inputs, which consist of quoted prices in active markets for identical assets. The Company believes that the recorded values of all of the other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations. The Company’s operations are in Canada, which results in exposure to market risks from changes in foreign currency rates. The financial risk is the risk to the Company’s operations that arise from fluctuations in foreign exchange rates and the degree of volatility of these rates. Currently, the Company does not use derivative instruments to reduce its exposure to foreign currency risk. g) Income Taxes The Company accounts for income taxes in accordance with ASC 740, “Accounting for Income Taxes” and ASC 740 —Accounting for Uncertainty in Income Taxes, which require the liability method of accounting for income taxes. The liability method requires the recognition of deferred tax assets and liabilities for future tax consequences of temporary differences between the financial statement basis and the tax basis of assets and liabilities. h) Basic and Diluted Net Loss per Share The Company reports basic loss per share in accordance with ASC 260 – “Earnings per Share”. Basic loss per share is computed using the weighted average number of common stock outstanding during the period. Diluted loss per share is computed using the weighted average number of common and potentially dilutive common stock outstanding during the period. Diluted loss per share is equal to basic loss per share because there are no potential dilutive securities. i) Foreign Currency Translation The Company’s functional currency is the U.S. dollar. Transactions in foreign currencies are translated into U.S. dollars at the rate of exchange prevailing at the date of the transaction. Monetary assets and liabilities in foreign currencies are translated into U.S. dollars at the rate prevailing at the balance sheet date. Non-monetary items are translated at the historical rate unless such items are carried at market value, in which case they are translated using exchange rates that existed when the value were determined. Any resulting exchange rate differences are recorded in the statement of operations. |
Recent Accounting Pronouncement
Recent Accounting Pronouncements | 9 Months Ended |
Mar. 31, 2017 | |
Accounting Changes and Error Corrections [Abstract] | |
Recent Accounting Pronouncements | 3. RECENT ACCOUNTING PRONOUNCEMENTS In May 2015, the FASB issued guidance to remove the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using net asset value per share practical expedient. The guidance is effective for the Company in the first quarter of fiscal 2017 and early adoption is permitted. Adoption of the new guidance, effective for the quarter beginning October 1, 2016, had no impact on the Company’s balance sheets or statements of operations or cash flows. In August 2014, the FASB issued guidance on how to account for and disclose going concern risk. The guidance is effective for the Company in the second quarter of fiscal 2017 and earlier adoption is permitted. The Company is evaluating the impact of adopting this new accounting guidance on its financial statements. In March 2016, the FASB issued guidance which simplifies several aspects of accounting for share-based payment award transactions including income tax consequences, classification of awards as either equity or liabilities and classification on the statement of cash flows. The guidance is effective for the Company in the first quarter of fiscal 2018 and earlier adoption is permitted. The Company is evaluating the impact of adopting this new accounting guidance on its financial statements. In June 2016, the FASB issued guidance that changes the accounting for recognizing impairments of financial assets. Under the new guidance, credit losses for certain types of financial instruments will be estimated based on expected losses. The new guidance also modifies the impairment models for available for-sale debt securities and for purchased financial assets with credit deterioration since their origination. The guidance is effective for the Company in the first quarter of fiscal 2021 and earlier adoption is permitted. The Company is evaluating the impact of adopting this new accounting guidance on its financial statements. |
Mineral Claim Interest
Mineral Claim Interest | 9 Months Ended |
Mar. 31, 2017 | |
Extractive Industries [Abstract] | |
Mineral Claim Interest | 4. MINERAL CLAIM INTEREST On August 15, 2013, the Company entered into a Quitclaim Deed (the “Deed”) with Kee Nez Resources, LLC (“Grantor”), a Utah limited liability company. Pursuant to the Deed, the Grantor, in consideration of $10 and other valuable consideration, remise, release, and forever quitclaim unto the Company all of Grantor’s right, title, and interest in and to the GSR group of unpatented lode mining claims situated in Churchill Country, Nevada. As a result, the Company has obtained title to the GSR claims in August 2013. The Company |
Capital Stock
Capital Stock | 9 Months Ended |
Mar. 31, 2017 | |
Equity [Abstract] | |
Capital Stock | 5. CAPITAL STOCK a) On April 24, 2006, the Company issued 6,000,000 common shares at $0.00001 per share to two founding shareholders. b) On March 28, 2007, the Company closed its public offering and issued additional 1,070,000 common shares at $0.10. c) The Company has not issued any shares during the periods ended March 31, 2017 and 2016 and it has no stock option plan, warrants or other dilutive securities. |
Due to Related Parties
Due to Related Parties | 9 Months Ended |
Mar. 31, 2017 | |
Related Party Transactions [Abstract] | |
Due to Related Parties | 6. DUE TO RELATED PARTIES As of March 31, 2017 due to related parties balance of $82,959 (June 30, 2016: $82,959) represents the combination of the following: a) $54,959 (June 30, 2016: $54,959) owed to a company controlled by a former director and principal shareholder of the Company, for the amount of office, transfer agent and travel expenses paid by the related party on behalf of the Company. The amount is unsecured, non-interest bearing and due on demand; b) $28,000 (June 30, 2016: $28,000) owed to a director of the Company, for the amount of office, travel and telephone expenses paid by the related party on behalf of the Company. The amount is unsecured, non-interest bearing and due on demand. Also see Note 7. |
Loan Payable
Loan Payable | 9 Months Ended |
Mar. 31, 2017 | |
Debt Disclosure [Abstract] | |
Loan Payable | 7. LOAN PAYABLE Loan payable consists of the following: $143,700 (June 30, 2016: $143,700) was payable to 0787129 B.C. Ltd. (a non-related party) of which $51,272 and $34,827 were the result of the assignment and transfer from loan payable to ATP Corporate Services Corp. (a non-related party) and Bobcat Development, respectively. The loan amount is unsecured, non-interest bearing and due on demand. During the nine month ended March 31, 2017, the Company incurred and accrued interest expense of $nil (nine month ended March 31, 2016: $nil). $57,858 (June 30, 2016: $57,858) was payable to Bobcat Development. The loan amount is unsecured, non-interest bearing and due on demand. During the nine month ended March 31, 2017, the Company incurred and accrued interest expenses of $nil (nine month ended March 31, 2016: $nil). $66,471 (June 30, 2016: $38,660) was payable to Dimac Capital (a related party). The loan amount is unsecured, non-interest bearing and due on demand. During the nine month ended March 31, 2017, the Company incurred and accrued interest expenses of $nil (nine month ended March 31, 2016: $nil). |
Summary of Significant Accoun14
Summary of Significant Accounting Policies (Policies) | 9 Months Ended |
Mar. 31, 2017 | |
Accounting Policies [Abstract] | |
Cash | a) Cash The Company considers all highly liquid instruments with maturity of three months or less at the time of issuance to be cash equivalents. There are no cash equivalents as at March 31, 2017 (June 30, 2016: $nil). |
Mineral Property Acquisition Payments | b) Mineral Property Acquisition Payments The Company expenses all costs incurred on mineral properties to which it has secured exploration rights prior to the establishment of proven and probable reserves. If and when proven and probable reserves are determined for a property and a feasibility study prepared with respect to the property, then subsequent exploration and development costs of the property will be capitalized. The Company regularly performs evaluations of any investment in mineral properties to assess the recoverability and/or the residual value of its investments in these assets. All long-lived assets are reviewed for impairment whenever events or circumstances change which indicate the carrying amount of an asset may not be recoverable. |
Exploration Expenditures | c) Exploration Expenditures The Company follows a policy of expensing exploration expenditures until a production decision in respect of the project and the Company is reasonably assured that it will receive regulatory approval to permit mining operations, which may include the receipt of a legally binding project approval certificate. |
Asset Retirement Obligations | d) Asset Retirement Obligations The Company has adopted ASC 410, “Accounting for Asset Retirement Obligations”, which requires that an asset retirement obligation (“ARO”) associated with the retirement of a tangible long-lived asset be recognized as a liability in the period which it is incurred and becomes determinable, with an offsetting increase in the carrying amount of the associated asset. The cost of the tangible asset, including the initially recognized ARO, is depleted, such that the cost of the ARO is recognized over the useful life of the asset. The ARO is recorded at fair value, and accretion expense is recognized over time as the discounted liability is accreted to its expected settlement value. The fair value of the ARO is measured using expected future cash flow, discounted at the Company’s credit-adjusted risk-free interest rate. To date, no significant asset retirement obligation exists due to the early stage of exploration. Accordingly, no liability has been recorded. |
Use of Estimates and Assumptions | e) Use of Estimates and Assumptions The preparation of financial statements in conformity with United States generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the Date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. |
Financial Instruments | f) Financial Instruments ASC 820, “Fair Value Measurements and Disclosures” requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 prioritizes the inputs into three levels that may be used to measure fair value: Level 1 - Quoted prices in active markets for identical assets or liabilities; Level 2 - Inputs other than quoted prices included within Level 1 that are either directly or indirectly observable; and Level 3 - Unobservable inputs that are supported by little or no market activity, therefore requiring an entity to develop its own assumptions about the assumptions that market participants would use in pricing. The Company’s financial instruments consist principally of cash, accounts payable and accrued liabilities, loan payable and due to a related party. Pursuant to ASC 820, the fair value of our cash is determined based on “Level 1” inputs, which consist of quoted prices in active markets for identical assets. The Company believes that the recorded values of all of the other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations. The Company’s operations are in Canada, which results in exposure to market risks from changes in foreign currency rates. The financial risk is the risk to the Company’s operations that arise from fluctuations in foreign exchange rates and the degree of volatility of these rates. Currently, the Company does not use derivative instruments to reduce its exposure to foreign currency risk. |
Income Taxes | g) Income Taxes The Company accounts for income taxes in accordance with ASC 740, “Accounting for Income Taxes” and ASC 740 —Accounting for Uncertainty in Income Taxes, which require the liability method of accounting for income taxes. The liability method requires the recognition of deferred tax assets and liabilities for future tax consequences of temporary differences between the financial statement basis and the tax basis of assets and liabilities. |
Basic and Diluted Net Loss Per Share | h) Basic and Diluted Net Loss per Share The Company reports basic loss per share in accordance with ASC 260 – “Earnings per Share”. Basic loss per share is computed using the weighted average number of common stock outstanding during the period. Diluted loss per share is computed using the weighted average number of common and potentially dilutive common stock outstanding during the period. Diluted loss per share is equal to basic loss per share because there are no potential dilutive securities. |
Foreign Currency Translation | i) Foreign Currency Translation The Company’s functional currency is the U.S. dollar. Transactions in foreign currencies are translated into U.S. dollars at the rate of exchange prevailing at the date of the transaction. Monetary assets and liabilities in foreign currencies are translated into U.S. dollars at the rate prevailing at the balance sheet date. Non-monetary items are translated at the historical rate unless such items are carried at market value, in which case they are translated using exchange rates that existed when the value were determined. Any resulting exchange rate differences are recorded in the statement of operations. |
Nature of Operations (Details N
Nature of Operations (Details Narrative) - USD ($) | Mar. 31, 2017 | Jun. 30, 2016 |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
Working capital deficit | $ 514,528 | $ 504,816 |
Deficit accumulated since inception | $ 621,588 | $ 611,876 |
Summary of Significant Accoun16
Summary of Significant Accounting Policies (Details Narrative) - USD ($) | Mar. 31, 2017 | Jun. 30, 2016 |
Accounting Policies [Abstract] | ||
Cash equivalents |
Mineral Claim Interest (Details
Mineral Claim Interest (Details Narrative) - USD ($) | Aug. 15, 2013 | Mar. 31, 2017 | Mar. 31, 2016 |
Extractive Industries [Abstract] | |||
Mineral claim payment | $ 10 | ||
Expenditures incur on property |
Capital Stock (Details Narrativ
Capital Stock (Details Narrative) | Mar. 28, 2007$ / sharesshares | Apr. 24, 2006Integer$ / sharesshares | Mar. 31, 2017shares | Mar. 31, 2016shares |
Equity [Abstract] | ||||
Common stock shares issued during period for founding shareholders, shares | 1,070,000 | 6,000,000 | ||
Common stock price per share | $ / shares | $ 0.10 | $ 0.00001 | ||
Number of founding shareholders | Integer | 2 | |||
Stock issued during the period, shares | ||||
Number of dilutive securities issued |
Due to Related Parties (Details
Due to Related Parties (Details Narrative) - USD ($) | Mar. 31, 2017 | Jun. 30, 2016 |
Due to related parties | $ 82,959 | $ 82,959 |
Controlled by Former Director and Principal Shareholder [Member] | ||
Due to related parties | 54,959 | 54,959 |
Director of the Company [Member] | ||
Due to related parties | $ 28,000 | $ 28,000 |
Loan Payable (Details Narrative
Loan Payable (Details Narrative) - USD ($) | 9 Months Ended | ||
Mar. 31, 2017 | Mar. 31, 2016 | Jun. 30, 2016 | |
Loans payable | $ 268,029 | $ 240,218 | |
Bobcat Development [Member] | |||
Loans payable | 57,858 | 57,858 | |
Accrued interest expense | |||
Dimac Capital [Member] | |||
Loans payable | 66,471 | 38,660 | |
Accrued interest expense | |||
B.C. Ltd [Member] | |||
Loans payable | 143,700 | 143,700 | |
Accrued interest expense | |||
ATP Corporate Services Corp [Member] | |||
Loans payable | $ 51,272 | $ 34,827 |