XIANA MINING INC. | CIK:0001126932 | 3

  • Filed: 3/26/2018
  • Entity registrant name: XIANA MINING INC. (CIK: 0001126932)
  • Generator: Thunderdome
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1126932/000143774918005385/0001437749-18-005385-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1126932/000143774918005385/xiav-20180131.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001126932
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    • ifrs-full:DisclosureOfIssuedCapitalExplanatory

    7.
    CAPITAL STOCK
     
    Authorized
     
    An unlimited number of common shares without par value.
     
    Share issuances
     
    During the year ended
    January 31, 2018,
    the Company issued
    16,000,000
    common shares at
    $0.10
    per share for gross proceeds of
    $1,600,000
    and incurred
    $8,750
    of share issuance costs.
     
    During the
    year ended
    January 31, 2017,
    the Company issued
    28,976,720
    common shares at
    $0.11
    per share, to settle outstanding debt of
    $1,448,836,
    including
    $1,395,843
    to related parties, and incurred
    $1,724
    of share issuance costs relating to this share issuance. The difference between the fair value of the shares and the debt settled amounting to
    $1,738,603,
    was recognized as a loss on settlement of debt.