RELATED PARTY TRANSACTIONS AND AMOUNTS DUE

3 Months Ended

Mar. 31, 2025

RELATED PARTY TRANSACTIONS AND AMOUNTS DUE

In addition to transactions with related parties discussed elsewhere in these unaudited interim financial statements, the following transactions occurred with related parties.

On February 14, 2025, the Company entered into a Debt Conversion Agreement with Lode-Star Gold Inc. (“LSG”), pursuant to which the Company and LSG settled aggregate debt of $169,645 owed by the Company to LSG through the conversion of the debt into 1,357,158 common shares of the Company.

At March 31, 2025, the Company had amounts due to related parties of $24,179; with no specific terms of repayment, due to the Company’s majority shareholder and president, with no accrued interest payable.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

FinTrade Sherpa, Inc. 10-Q