Common Stock [Text Block] | 4. Common Stock Stock transactions during the year ended May 31, 2018: (a) On February 14, 2018, the Company issued 31,700,000 shares of common stock with a fair value of $95,100 to settle accounts payable of $128,205, resulting in a gain on settlement of $33,105. (b) On February 14, 2018, the Company issued 4,000,000 shares of common stock with a fair value of $12,000 to settle related party accounts payable of $15,938 (Cdn$20,000), resulting in a gain on settlement of $3,938. (c) On February 14, 2018, the Company issued 5,000,000 shares of common stock pursuant to a private placement at $0.005 per share for proceeds of $25,000. (d) On February 14, 2018, the Company issued 33,200,000 shares of common stock pursuant to a private placement at Cdn$0.005 per share for proceeds of $130,833 (Cdn$166,000). Proceeds of $26,798 (Cdn$36,000) which were received during the year ended May 31, 2017. (e) During the year ended May 31, 2018, the Company received cash proceeds of $66,328 (Cdn$85,000) relating to share subscriptions. The shares were unissued at May 31, 2018 and the amounts received have been reflected in stock subscriptions received in the balance sheet. Stock transactions during the year ended May 31, 2017: (a) The Company entered into various accounts payable settlement agreements with several creditors to settle $23,086 (Cdn$31,000) of debt with the issuance of 6,200,000 shares of common stock. As at May 31, 2017, the shares have not been issued and the amounts due are reflected in accounts payables. (b) On September 16, 2016, the Company issued 13,100,000 shares of common stock pursuant to a private placement at Cdn$0.005 per share for proceeds of $50,869 (Cdn$65,500). (c) On September 16, 2016, the Company issued 2,500,000 shares of common stock pursuant to a private placement at $0.005 per share for proceeds of $12,500. (d) On September 16, 2016, the Company issued 11,750,000 shares of common stock with a fair value of $42,625 to settle accounts payable of $45,606, resulting in a gain on settlement of debt of $2,981. (e) On September 16, 2016, the Company issued 2,000,000 shares of common stock with a fair value of $7,000 to settle related party accounts payable of $7,620, resulting in a gain on settlement of debt of $620. (f) On September 16, 2016, the Company issued 2,000,000 shares of common stock with a fair value of $7,000 for services to be completed over a four-month period, commencing on the date of the agreement. During the year ended May 31, 2017, the Company received cash proceeds of $26,798 (Cdn$36,000) relating to a subsequent issuance of 7,200,000 shares of common stock. |