Company: WOLV
Filing Date: 2025-02-07
Form Type: 10-Q
Source: 0001062993-25-001810
Chunk: 16

Company: Wolverine Resources Corp.
Filing Date: 2025-02-07
Form: 10-Q
Item: Item 8
Chunk 16
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 November 30,2024  November 30,2023 Revenue$Nil $Nil Operating Expenses$(111,318)$(78,624)Other income (expense)$1,173 $(417)Net Loss$(110,145)$(79,041)ExpensesOur operating expenses for the three-month periods ended November 30, 2024 and November 30, 2023 are outlined in the table below:  Three Months Ended   November 30,2024  November 30,2023 General and administrative$111,318 $76,372 Mineral property exploration costs$- $2,252 General and administrative expenses increased by $34,946 from $76,372 during the three months ended November 30, 2023, to $111,318 during the three months ended November 30, 2024. This increase was primarily as a result of an increase in consulting fees of $19,521, accounting fees of $11,339, transfer agent and filing fees of $6,332 and other miscellaneous fees of $326 offset by a decrease in legal fees of $2,572.Mineral property exploration costs decreased by $2,252 from $2,252 during the three months ended November 30, 2023, to $Nil during the three months ended November 30, 2024. Mineral property exploration costs decreased as a result of adecrease in exploration costs incurred during exploration of the Frog Property.Six Months Ended November 30, 2024 and November 30, 2023The following summary of our results of operations should be read in conjunction with our financial statements for the quarter ended August 31, 2024, which are included herein.Six-month summary ending November 30, 2024 and November 30, 20236  Six Months Ended   November 30,2024  November 30,2023 Revenue$Nil $Nil Operating Expenses$(253,014)$(176,715)Other income (expense)$(136,560)$(2,783)Net Loss$(389,574)$(179,498)ExpensesOur operating expenses for the six-month periods ended November 30, 2024 and November 30, 2023 are outlined in the table below:  Six Months Ended    November 30,2024  November 30,2023 General and administrative$231,082 $