Subsequent Events (Details Narrative) - USD ($) |
1 Months Ended | 3 Months Ended | 12 Months Ended | ||
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Jul. 06, 2016 |
Jul. 27, 2016 |
Jun. 30, 2016 |
Jul. 29, 2016 |
Apr. 30, 2016 |
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Subsequent Event [Line Items] | |||||
Reverse stock split | On July 6, 2016, the Company filed a certificate of amendment to its Articles of Incorporation with the Secretary of State of the State of Nevada in order to effectuate a reverse stock split of the Companys issued and outstanding common stock, par value $0.001 per share on a one (1) for three (3) basis, effective on July 8, 2016 (the Reverse Stock Split). | ||||
Subsequent Event | Reverse Stock Split | |||||
Subsequent Event [Line Items] | |||||
Reverse stock split | The Company filed a certificate of amendment to its Articles of Incorporation with the Secretary of State of the State of Nevada in order to effectuate a reverse stock split of the Companys issued and outstanding common stock on a 1 for 3 basis, effective with the State of Nevada on July 8, 2016 in order to regain compliance with NASDAQs minimum bid price requirement. The reverse stock split was effective with The NASDAQ Capital Market on July 11, 2016. | ||||
Subsequent Event | Series B Preferred Shares | |||||
Subsequent Event [Line Items] | |||||
Restricted shares issued | 1,550,820 | ||||
Series B Preferred stock converted | 232,623 | ||||
Subsequent Event | Restricted Stock | |||||
Subsequent Event [Line Items] | |||||
Restricted shares issued | 188,280 | ||||
Restricted shares issued, value | $ 429,000 | ||||
Subsequent Event | U. S. Gold Corp. | |||||
Subsequent Event [Line Items] | |||||
Date of acquisition agreement | Jun. 13, 2016 | ||||
Business acquisition, name of acquired entity | U.S. Gold Corp. | ||||
Business acquisition, description | Pursuant to the terms and conditions of the Merger Agreement, at the closing of the Merger, the holders of U.S. Golds common stock, Series A Preferred Stock and Series B Preferred Stock will be converted into the right to receive shares of the Companys Common Stock or, at the election of any U.S. Gold stockholder, shares of the Companys newly designated 0% Series C Convertible Preferred Stock, par value $0.001 per share (the Series C Preferred Stock), which are convertible into shares of Common Stock (collectively, the Merger Consideration). The Merger Consideration shall be allocated as follows and is presented below in terms of Common Stock: Twenty Million (20,000,000) shares of Common Stock shall be issued to the holders of U.S. Golds Series A Preferred Stock; One Million Eight Hundred Sixty Six Thousand Seven Hundred and Seventeen (1,866,717) shares of Common Stock shall be issued to the holders of U.S. Golds Series B Preferred Stock; Up to Fifteen Million One Hundred and Fifty One Thousand Five Hundred and Fifteen (15,151,515) shares of Common Stock shall be issued to holders of U.S. Golds common stock issued in connection with the U.S. Gold Financing; One Million Eight Hundred and Fifty Thousand (1,850,000) shares of Common Stock shall be issued to the holders of U.S. Golds common stock issued in connection with the closing of the acquisition of the Keystone Project; and One Million Six Hundred and Fifty Thousand (1,650,000) shares of Common Stock shall be issued to certain incoming officers and consultants pursuant to a shareholder approved equity incentive plan of the Company. |