Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

v3.19.2
Related Party Transactions
3 Months Ended
Jul. 31, 2019
Related Party Transactions [Abstract]  
Related Party Transactions

NOTE 7 — RELATED PARTY TRANSACTIONS

 

Accounts payable to related parties as of July 31, 2019 and April 30, 2019 was $23,675 and $42,539, respectively, and was reflected as accounts payable – related party in the accompanying consolidated balance sheets. The related party to which accounts were payable on July 31, 2019 is the Chief Financial Officer, who was owed a total of $23,675 (includes $16,737 payable in shares of common stock). The related parties on April 30, 2019 to which accounts were payable are the former Vice President-Head of Exploration, who was owed $12,500 payable in shares of common stock and the Chief Financial Officer, who was owed a total of $30,039 (includes $14,403 payable in shares of common stock).