SCHEDULE OF COMPANY’S CURRENT PROPERTIES |
The
Company’s current properties can be summarized as follows.
SCHEDULE
OF COMPANY’S CURRENT PROPERTIES
Cost |
|
Canadian
properties
|
|
|
United
States properties |
|
|
Total |
|
As of December 31, 2021 |
|
$ |
2,492,403 |
|
|
$ |
4,304,622 |
|
|
$ |
6,797,025 |
|
Dispositions |
|
|
— |
|
|
|
375 |
|
|
|
375 |
|
Foreign currency translation |
|
|
(159,363 |
) |
|
|
— |
|
|
|
(159,363 |
) |
As of December 31, 2022 |
|
$ |
2,333,040 |
|
|
$ |
4,304,997 |
|
|
$ |
6,638,037 |
|
Foreign currency translations |
|
|
1,896 |
|
|
|
— |
|
|
|
1,896 |
|
As of March 31, 2023 |
|
$ |
2,334,936 |
|
|
$ |
4,304,997 |
|
|
$ |
6,639,933 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accumulated depletion |
|
|
|
|
|
|
|
|
|
|
|
|
As of December 31, 2021 |
|
$ |
387,409 |
|
|
$ |
61,551 |
|
|
$ |
448,960 |
|
Depletion |
|
|
237,067 |
|
|
|
— |
|
|
|
237,067 |
|
Foreign currency translation |
|
|
(34,273 |
) |
|
|
— |
|
|
|
(34,273 |
) |
As of December 31, 2022 |
|
$ |
590,203 |
|
|
$ |
61,551 |
|
|
$ |
651,754 |
|
Depletion |
|
|
44,806 |
|
|
|
— |
|
|
|
44,806 |
|
Foreign currency translation |
|
|
450 |
|
|
|
— |
|
|
|
450 |
|
As of March 31, 2023 |
|
$ |
635,459 |
|
|
$ |
61,551 |
|
|
$ |
697,010 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net book value as of December 31, 2022 |
|
$ |
1,742,837 |
|
|
$ |
4,243,446 |
|
|
$ |
5,986,283 |
|
Net book value as of March 31, 2023 |
|
$ |
1,699,477 |
|
|
$ |
4,243,446 |
|
|
$ |
5,942,923 |
|
|