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Consolidated Balance Sheets

In millions of CAD, except per-share amounts
Feb 2012
As of Feb 29, 2012
Assets
Current
Cash and cash equivalents
Goods and services tax receivable
Marketable securities (Note 3)
Prepaid expenses and deposits
Total Current Assets
Property and equipment (Note 4)
Total Assets
Liabilities
Current
Bank overdraft
Accounts payable (Note 6)
Accrued liabilities
Due to related parties (Note 7)
Derivative liabilities (Note 13)
Total Liabilities
Stockholders’ deficit
Capital stock (Note 9) Authorized 200,000,000 common shares without par value ,Issued and outstanding 29 February 2012 –99,593,825 common shares 28 February 2011–97,893,825 common shares
Donated capital
Deficit, accumulated from prior operations
Deficit, accumulated during the exploration stage
Total Stockholders' deficit
Total Liabilities and Stockholders' Deficit

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