MD&A june 24Liquidity and Capital Resources
The ability of the Company to continue to operate as a going concern is dependent upon its ability to obtain necessary financing to meet the Company’s obligations and liabilities as they become due. As of April 30, 2022, the Company had cash and cash equivalents of $163,122 (January 31, 2022 - $289,029). The Company’s working capital surplus as of April 30, 2022 was $120,387 (January 31, 2022 – surplus of $289,579). During the year ended January 31, 2022 the Company completed a nonbrokered private placement raising $84,000 by issuing 1,680,000 shares at a price of $0.05 p