Loans payable	3 Months Ended
Dec. 31, 2014
Loans Payable [Abstract]
Loans payable	8. Loans Payable: Loans payable represent unsecured and interest free financing provided by a third party. These loans are repayable on demand. On December 24, 2014, the Company entered into an agreement with a private lender and raised $250,000. The term of the debt is six months from the date of receipts of the fund and carries interest 10% per annum to be prepaid on the same day funds are received. The debt is secured by a general security agreement.

Loans payable

3 Months Ended

Dec. 31, 2014

8. Loans Payable:

Loans payable represent unsecured and interest free financing provided by a third party. These loans are repayable on demand.

On December 24, 2014, the Company entered into an agreement with a private lender and raised $250,000. The term of the debt is six months from the date of receipts of the fund and carries interest 10% per annum to be prepaid on the same day funds are received. The debt is secured by a general security agreement.

Trio Resources, Inc. 10-Q