Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.21.2
Consolidated Balance Sheets - USD ($)
Apr. 30, 2021
Apr. 30, 2020
CURRENT ASSETS:    
Cash $ 13,645,405 $ 2,749,957
Income tax receivable 219,072
Prepaid expenses and other current assets 430,360 212,718
Total current assets 14,075,765 3,181,747
NON - CURRENT ASSETS:    
Property, net 172,222 133,371
Reclamation bond deposit 718,509 355,556
Mineral rights 16,356,862 6,163,559
Total non - current assets 17,247,593 6,652,486
Total assets 31,323,358 9,834,233
CURRENT LIABILITIES:    
Accounts payable and accrued liabilities 619,038 154,381
Accounts payable - related parties 3,459
Total current liabilities 619,038 157,840
LONG- TERM LIABILITIES    
Asset retirement obligation 204,615 168,392
Total liabilities 823,653 326,232
Commitments and Contingencies
STOCKHOLDERS' EQUITY :    
Common stock ($0.001 Par Value; 200,000,000 Shares Authorized; 7,065,621 and 2,903,393 shares issued and outstanding as of April 30, 2021 and 2020) 7,065 2,903
Additional paid-in capital 74,467,686 41,093,050
Accumulated deficit (43,975,046) (31,587,952)
Total stockholders' equity 30,499,705 9,508,001
Total liabilities and stockholders' equity 31,323,358 9,834,233
Convertible Series F Preferred Stock [Member]    
STOCKHOLDERS' EQUITY :    
Preferred stock value
Convertible Series G Preferred Stock [Member]    
STOCKHOLDERS' EQUITY :    
Preferred stock value
Convertible Series H Preferred Stock [Member]    
STOCKHOLDERS' EQUITY :    
Preferred stock value
Convertible Series I Preferred Stock [Member]    
STOCKHOLDERS' EQUITY :    
Preferred stock value