Pacific Booker Minerals Inc 6-K, filed May 31, 2023

Pacific Booker Minerals Inc. (PBMLF)

6-K 2023-05-31 For: 2022-06-28

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Added on April 06, 2026

About this 6-K

Pacific Booker Minerals Inc filed this 6-K on May 31, 2023.

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CONTENTS	PAGE #
Notice	3
Condensed Interim Statements of Financial Position	4
Condensed Interim Statements of Comprehensive Loss	5
Condensed Interim Statements of Changes in Equity	6
Condensed Interim Statements of Cash Flows	7
Notes to the Condensed Interim Financial Statements	8 to 27

	April 30, 2022		January 31, 2022

ASSETS

Current assets
Cash and cash equivalents	$	1,037,907	$	1,172,393
Receivables		2,577		3,072
Prepaid expenses and deposits		37,600		13,572

		1,078,084		1,189,037

Mineral property interests (Note 5)		-		-
Exploration and evaluation assets (Note 6)		19,009		-
Equipment, vehicles and furniture (Note 7)		24,912		26,934
Reclamation deposits		123,600		123,600

Total assets	$	1,245,605	$	1,339,571

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities
Accounts payable and accrued liabilities	$	30,680	$	32,350
Amounts owing to related parties (Note 10)		14,430		14,468

		45,110		46,818

Shareholders' equity
Share Capital (Note 8)		54,452,511		54,452,511
Contributed surplus (Note 8)		21,771,204		21,766,898
Deficit		(75,023,220)		(74,926,656)

		1,200,495		1,292,753

Total liabilities and shareholders’ equity	$	1,245,605	$	1,339,571

	"Gregory Anderson"			"John Plourde"
	Gregory Anderson, Chairman			John Plourde, CEO

	Three Month Period Ended April 30,
	2022		2021

OPERATING EXPENSES
Consulting fees – related party (Note 10)	$	225	$	225
Consulting fees - Option based payments (Note 8 & 10)		4,306		-
Depreciation		2,022		2,901
Directors fees		1,000		1,500
Directors fees - Option based payments (Note 8 & 10)		-		-
Filing and transfer agent fees		13,207		9,350
Foreign exchange (gain)loss		(1,556)		10,831
Finance income		(69)		-
Investor relations – related party (Note 10)		33,000		33,000
Investor relations - Option based payments (Note 8 & 10)		-		-
Office and miscellaneous		445		423
Office rent		23,412		20,469
Professional fees (Note 10)		11,584		20,960
Professional fees - Option based payments (Note 8 & 10)		-		121,761
Shareholder information and promotion		5,588		4,033
Telephone		1,301		1,317
Travel		2,099		1,923

Loss from operations		(96,564)		(228,693)

Income tax expense		-		-

Net loss and comprehensive loss for the period		(96,564)		(228,693)

Basic and diluted loss per share (Note 9)	$	(0.01)	$	(0.01)


	Number of Shares	Share Capital Amount	Contributed Surplus	Deficit	Total

Balance, February 1, 2021	16,766,969	$ 54,223,481	$ 17,707,324	$ (40,521,193)	$ 31,409,612
Option based payments		-	121,761	-	121,761
Net loss for the period	-	-	-	(228,693)	(228,693)

Balance, April 30, 2021	16,766,969	$ 54,223,481	$ 17,829,085	$ (40,749,886)	$ 31,302,680
Options exercised	50,000	150,000	-	-	150,000
Option based payments reclassified	-	79,030	(79,030)	-	-
Option based payments	-	-	4,016,843	-	4,016,843
Net loss for the period	-	-	-	(34,176,770)	(34,176,770)

Balance, January 31, 2022	16,816,969	$ 54,452,511	$ 21,766,898	$ (74,926,656)	$ 1,292,753
Option based payments	-	-	4,306	-	4,306
Net loss for the period	-	-	-	(96,564)	(96,564)

Balance, April 30, 2022	16,816,969	$ 54,452,511	$ 21,771,204	$ (75,023,220)	$ 1,200,495

	April 30, 2022	January 31, 2022

Working capital	$ 1,032,974	$ 1,142,219
Loss for the period	(96,564)	(34,405,463)
Deficit	(75,023,220)	(74,926,656)

Automobile	30% declining balance
Computer equipment	30% to 45% declining balance
Office furniture and equipment	20% declining balance

Financial Asset or Liability	Category
Cash and cash equivalents	amortized cost
Receivables	amortized cost
Reclamation deposits	amortized cost
Accounts payable and accrued liabilities	amortized cost
Amounts owing to related parties	amortized cost

Morrison claims, Canada	April 30, 2022		January 31, 2022

Balance, beginning of period	$	-	$	4,832,500

Impairment allowance (Note 2(c))		-		(4,832,500)

Balance, end of period	$	-	$	-

	Balance February 1, 2022		Additions for period		Disposals for period		Balance April 30, 2022

Automobile
Value at Cost	$	62,633	$	-	$	-	$	62,633
Accumulated Depreciation		(36,547)		(1,956)		-		(38,503)
Net book value	$	26,086	$	(1,956)	$	-	$	24,130

Office furniture and equipment
Value at Cost	$	23,397	$	-	$	-	$	23,397
Accumulated Depreciation		(22,931)		(24)		-		(22,955)
Net book value	$	466	$	(24)	$	-	$	442

Computer equipment
Value at Cost	$	97,620	$	-	$	-	$	97,620
Accumulated Depreciation		(97,238)		(42)		-		(97,280)
Net book value	$	382	$	(42)	$	-	$	340

Totals	$	26,934	$	(2,022)	$	-	$	24,912

	Balance February 1, 2021		Additions for the year		Disposals for the year		Balance January 31, 2022

Automobile
Value at Cost	$	62,633	$	-	$	-	$	62,633
Accumulated Depreciation		(25,366)		(11,181)		-		(36,547)
Net book value	$	37,267	$	(11,181)	$	-	$	26,086

Office furniture and equipment
Value at Cost	$	23,397	$	-	$	-	$	23,397
Accumulated Depreciation		(22,815)		(116)		-		(22,931)
Net book value	$	582	$	(116)	$	-	$	466

Computer equipment
Value at Cost	$	97,620	$	-	$	-	$	97,620
Accumulated Depreciation		(96,931)		(307)		-		(97,238)
Net book value	$	689	$	(307)	$	-	$	382

Totals	$	38,538	$	(11,604)	$	-	$	26,934

	For the Three Month Period ended April 30,
	2022		2021
	Number of Options	Weighted Average Exercise Price	Number of Options	Weighted Average Exercise Price

Outstanding, beginning of period	3,075,000	$ 2.90	2,975,000	$ 1.47
Granted	-	-	100,000	2.00
Expired	-	-	(100,000)	1.00
Exercised	-	-	-	-

Outstanding, end of period	3,075,000	$ 2.90	2,975,000	$ 1.50

Options exercisable, end of period	3,050,000	$ 2.88	2,975,000	$ 1.50

Weighted average remaining life of outstanding options granted in years		3.32		0.50
Weighted average fair value per option granted				$ 1.22

Number of Options Outstanding		Number Currently Exercisable	Exercise Price	Expiry Date

700,000	700,000		$ 3.00	November 1, 2022
100,000	100,000		$ 1.00	June 26, 2023
100,000	100,000		$ 2.00	February 23, 2026
2,175,000	2,150,000		$ 3.00	August 17, 2026

	For the Three Month Period ended April 30,
	2022	2021

Non-cash transactions were as follows:
deferred exploration expense recorded as accounts payable	$ -	$ -
deferred exploration expense recorded as owing to related parties	$ -	$ -

For the year ended	Total Assets	Total Long-term Liabilities	Total Revenue	Net Loss
For the year ended	Total Assets	Total Long-term Liabilities	Total Revenue	Total	Per Share
January 31, 2020	`$31,867,283`	`$-`	`$1,045`	`$1,061,028`	`$0`.06
January 31, 2021	`$31,442,692`	`$-`	`$990`	`$643,227`	`$0`.04
January 31, 2022	`$1,339,571`	`$-`	`$990`	`$34,405,463`	`$2`.05

	Three Month Period Ended April 30,
	2022		2021

CASH FLOWS FROM OPERATING ACTIVITIES
Net loss for the period	$	(96,564)	$	(228,693)
Items not affecting cash:
Depreciation		2,022		2,901
Option based payments		4,306		121,761

Changes in non-cash working capital items:
(Increase)/decrease in receivables		495		(3,151)
(Increase)/decrease in prepaids and deposits		(24,028)		24,816
Increase/(decrease) in accounts payable and accrued liabilities		(1,881)		(8,729)
Increase/(decrease) in amounts owing to related parties		(38)		64

Net cash provided by/(used in) operating activities		(115,688)		(91,031)

CASH FLOWS FROM FINANCING ACTIVITIES
Issuance of Share Capital		-		-

Net cash provided by financing activities		-		-

CASH FLOWS FROM INVESTING ACTIVITIES
Mineral property interests and Exploration and evaluation costs (net of recovery)		(18,798)		(1,001)
Purchase of equipment, vehicles or furniture		-		-

Net cash used in investing activities		(18,798)		(1,001)

Change in cash and cash equivalents during the period		(134,486)		(92,032)

Cash and cash equivalents, beginning of period		1,172,393		1,481,302

Cash and cash equivalents, end of period	$	1,037,907	$	1,389,270

For the three months ended	Total Revenue	Loss before other items	Net Loss
For the three months ended	Total Revenue	Loss before other items	Total	Per Share
July 31, 2020	`$-`	`$116,520`	`$116,520`	`$0`.00
October 31, 2020	`$124`	`$319,606`	`$319,482`	`$0`.02
January 31, 2021	`$740`	`$119,084`	`$118,344`	`$0`.01
April 30, 2021	`$-`	`$228,693`	`$228,693`	`$0`.01
July 31, 2021	`$-`	`$101,124`	`$101,124`	`$0`.01
October 31, 2021	`$253`	`$1,982,916`	`$1,982,663`	`$0`.12
January 31, 2022	`$737`	`$32,093,720`	`$32,092,983`	`$1`.91
April 30, 2022	`$69`	`$96,633`	`$96,564`	`$0`.01

For the period ended	Total Revenue	Loss before other items	Net Loss
For the period ended	Total Revenue	Loss before other items	Total	Per Share
for the 6 month period ended July 31, 2020	`$126`	`$205,527`	`$205,401`	`$0`.01
for the 9 month period ended October 31, 2020	`$250`	`$525,133`	`$524,883`	`$0`.03
for the year ended January 31, 2021	`$990`	`$644,217`	`$643,227`	`$0`.04
for the 3 month period ended April 30, 2021	`$-`	`$228,693`	`$228,693`	`$0`.01
for the 6 month period ended July 31, 2021	`$-`	`$329,817`	`$329,817`	`$0`.02
for the 9 month period ended October 31, 2021	`$253`	`$2,312,733`	`$2,312,480`	`$0`.14
for the year ended January 31, 2022	`$990`	`$34,406,453`	`$34,405,463`	`$2`.05
for the 3 month period ended April 30, 2022	`$69`	`$96,633`	`$96,564`	`$0`.01

	Morrison	Total
As at April 30, 2020	$ 4,832,500	$ 4,832,500
to July 31, 2020	-	-
to October 31, 2020	-	-
to January 31, 2021	-	-
As at January 31, 2021	$ 4,832,500	$ 4,832,500
to April 30, 2021	-	-
to July 31, 2021	-	-
to October 31, 2021	-	-
to January 31, 2022	(4,832,500)	(4,832,500)
As at January 31, 2022	$ -	$ -
to April 30, 2022	-	-
As at April 30, 2022	$ -	$ -

	Morrison	Grants / Tax Credits	Impairment Allowance	Total
As at April 30, 2020	$ 25,740,093	$ (859,434)	$ -	$ 24,880,659
to July 31, 2020	17,120	-	-	17,120
to October 31, 2020	-	-	-	-
to January 31, 2021	(17,120)	-	-	(17,120)
As at January 31, 2021	$ 25,740,093	$ (859,434)	-	$ 24,880,659
to April 30, 2021	1,001	-	-	1,001
to July 31, 2021	7,372	-	-	7,372
to October 31, 2021	95,236	-	-	95,236
to January 31, 2022	20,148	-	(25,004,416)	(24,498,268)
As at January 31, 2022	$ 25,863,850	$ (859,434)	$ (25,004,416)	$ -
to April 30, 2022	19,009	-	-	19,009
As at April 30, 2022	$ 25,882,859	$ (859,434)	$ (25,004,416)	$ 19,009

	Capital Stock	Subscriptions Received	Contributed Surplus	Operating Loss	Deficit ending	Total Equity
As at April 30, 2020	$ 54,223,481	$ -	$ 17,486,131	$ 88,881	$ 39,966,847	$ 31,742,765
to July 31, 2020	-	-	-	116,520	40,083,367	31,626,245
to October 31, 2020	-	-	221,193	319,482	40,402,849	31,527,956
to January 31, 2021	-	-	-	118,344	40,521,193	31,409,612
As at January 31, 2021	$ 54,223,481	$ -	$ 17,707,324	$ 643,227	$ 40,521,193	$ 31,409,612
to April 30, 2021	-	-	121,761	228,693	40,749,886	31,302,680
to July 31, 2021	-	-	-	101,124	40,851,010	31,201,556
to October 31, 2021	-	-	1,888,690	1,982,663	42,833,673	31,107,583
to January 31, 2022	229,030	-	2,049,123	32,092,983	74,926,656	1,292,753
As at January 31, 2022	$ 54,452,511	$ -	$ 21,766,898	$ 34,405,463	$ 74,926,656	$ 1,292,753
to April 30, 2022	-	-	4,306	96,564	75,023,220	1,200,495
As at April 30, 2022	$ 54,452,511	$ -	$ 21,771,204	$ 96,564	$ 75,023,220	$ 1,200,495