VR Resources : Q2 fs 2023 - Marketscreener.com

September 30,

March 31,

2022

2022

ASSETS

Current

Cash and currency equivalents (Note 3)

$

1,767,131

$

1,968,469

Receivables (Note 4)

22,369

8,730

Prepaid expenses

26,916

65,364

1,816,416

2,042,563

Equipment (Note 5)

1,925

2,264

Exploration and valuation assets (Note 6)

11,425,955

9,146,463

Reclamation enslaved (Note 7)

60,691

55,357

$

13,304,987

$

11,246,647

LIABILITIES AND SHAREHOLDERS' EQUITY

Current

Accounts payable and accrued liabilities (Note 8)

$

42,057

$

109,552

Flow-through premium liability (Note 9)

101,450

208,758

143,507

318,310

Shareholders' equity

Share superior (Note 9)

21,953,412

20,161,916

Reserves (Note 9)

2,544,205

2,407,994

Deficit

(12,066,133)

(11,781,303)

Accumulated different broad income

729,996

139,730

13,161,480

10,928,337

$

13,304,987

$

11,246,647

Nature of operations and going interest (Note 1)

Subsequent events (Note 15)

On behalf of the Board

connected November 3, 2022

"Michael Gunning"

Director

"Craig Lindsay"

Director

Three Months

Three Months

Six Months

Six Months

Ended Sept.

Ended Sept.

Ended Sept.

Ended Sept.

30, 2022

30, 2021

30, 2022

30, 2021

EXPENSES

Consulting fees (Note 10)

$

6,000

$

6,000

$

17,350

$

12,000

Depreciation (Note 5)

170

242

340

485

Foreign speech (gain) loss

(6,683)

3,268

(2,810)

5,220

Investor relations and promotion

43,804

40,650

80,881

68,775

Impairment of exploration and valuation assets

(18,083)

10,478

5,353

10,478

Office

20,508

16,879

34,550

29,866

Professional fees

39,925

12,953

51,307

20,438

Rent

6,000

6,000

12,000

12,000

Salaries (Note 10)

50,144

82,565

140,149

162,698

Share-based payments (Note 8,10)

136,211

426,574

136,211

426,574

Regulatory and transportation agent

15,331

13,239

21,225

25,102

(293,327)

(618,848)

(496,556)

(773,636)

Other income - flow-through (Note 9)

-

-

208,758

-

Interest income

536

1,903

2,968

4,804

Net Loss for the period

(292,791)

(616,945)

(284,830)

(768,832)

Other broad income (loss) to beryllium reclassified

to nett oregon nonaccomplishment successful consequent years:

Translation adjustment

537,327

146,530

590,266

83,861

Gain (Loss) and broad Gain (loss) for the

$

244,536

$

(470,415)

$

305,436)

$

(648,971)

period

Loss per communal share

-Basic and diluted

$

(0.00)

$

(0.01)

$

(0.00)

$

(0.01)

Weighted mean fig of communal shares

outstanding

-Basic and diluted

86,408,913

80,840,138

84,914,991

79,623,519

2022

2021

OPERATING ACTIVITIES

Loss for the period

$

(284,830)

$

(768,832)

Items not affecting cash:

Share-based payments

136,211

426,574

Depreciation

340

485

Flow-through premium liability

(208,758)

-

Changes successful non-cash moving superior items:

Receivables

(13,639)

(36,287)

Prepaid expenses

38,448

(1,684)

Accounts payable and accrued liabilities

9,643

(89,150)

Net currency utilized successful operating activities

(322,585)

(468,894)

FINANCING ACTIVITIES

Proceeds from the issuance of shares, nett of stock contented cost

1,892,946

1,120,006

Net currency provided by financing activities

1,892,946

1,120,006

INVESTING ACTIVITIES

Exploration and valuation assets

(1,766,365)

(1,086,764)

Reclamation bond

(5,334)

-

Net currency utilized successful investing activities

(1,771,699)

(1,086,764)

Change successful currency during the period

(201,338)

(435,652)

Cash, opening of period

1,968,469

2,931,748

Cash, extremity of period

$

1,767,131

$

2,496,096

Cash paid during the play for:

Income taxes

$

-

$

-

Interest

$

-

$

-