Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.21.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Oct. 31, 2021
Apr. 30, 2021
CURRENT ASSETS:    
Cash $ 7,138,361 $ 13,645,405
Prepaid expenses and other current assets 743,258 430,360
Total current assets 7,881,619 14,075,765
NON - CURRENT ASSETS:    
Property, net 193,399 172,222
Reclamation bond deposit 832,509 718,509
Operating lease right-of-use asset, net 91,823
Mineral rights 16,356,862 16,356,862
Total non - current assets 17,474,593 17,247,593
Total assets 25,356,212 31,323,358
CURRENT LIABILITIES:    
Accounts payable and accrued liabilities 1,631,267 619,038
Operating lease liabilities, current portion 52,016
Total current liabilities 1,683,283 619,038
LONG- TERM LIABILITIES    
Asset retirement obligation 248,318 204,615
Operating lease liabilities, less current portion 39,957
Total long-term liabilities: 288,275 204,615
Total liabilities 1,971,558 823,653
Commitments and Contingencies  
Common stock ($0.001 Par Value; 200,000,000 Shares Authorized; 7,096,723 and 7,065,621 shares issued and outstanding as of October 31, 2021 and April 30, 2021) 7,097 7,065
Additional paid-in capital 75,195,628 74,467,686
Accumulated deficit (51,818,071) (43,975,046)
Total stockholders’ equity 23,384,654 30,499,705
Total liabilities and stockholders’ equity 25,356,212 31,323,358
Convertible Series F Preferred Stock [Member]    
LONG- TERM LIABILITIES    
Preferred stock value
Convertible Series G Preferred Stock [Member]    
LONG- TERM LIABILITIES    
Preferred stock value
Convertible series H preferred stock [Member]    
LONG- TERM LIABILITIES    
Preferred stock value
Convertible series I preferred stock [Member]    
LONG- TERM LIABILITIES    
Preferred stock value