Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Jul. 31, 2017
Jul. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (9,277,781) $ (1,342,415)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock based compensation 12,500 825,000
Impairment expense 6,094,760
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (589,135) (45,730)
Assets of held for sale operations - current (692,497)
Reclamation bond deposit (5,181)
Assets of held for sale operations - long term 8,000
Accounts payable and accrued liabilities 934,631 90,692
Accounts payable and accrued liabilities - related parties 69,089
Liabilities of held for sale operations - current 552,638
Liabilities of held for sale operations - long term (11,944)
NET CASH USED IN OPERATING ACTIVITIES (2,974,009) (403,364)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of mineral rights (288,917)
NET CASH USED IN INVESTING ACTIVITIES (288,917)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Issuance of preferred stock, net of issuance cost 4,587,406
Issuance of common stock 500,004
NET CASH PROVIDED BY FINANCING ACTIVITIES 500,004 4,587,406
NET (DECREASE) INCREASE IN CASH (2,474,005) 3,895,125
CASH - beginning of period 6,820,623 305,661
CASH - end of period 4,346,618 4,200,786
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest
Income taxes
SUPPLEMENTAL DISCLOSURE OF NON -CASH INVESTING AND FINANCING ACTIVITIES:    
Issuance of common stock for the acquisition of mineral rights 555,000
Grant of stock options for the acquisition of mineral rights 184,968
Issuance of common stock for merger 5,661,935
Issuance of common stock for accrued services $ 100,000