| 6. |
DUE TO RELATED PARTIES |
As
of December 31, 2025, due to related parties balance of $473,519 (June 30, 2025: $452,659) represents the combination of the following:
| a) | $445,519
(June 30, 2025: $424,659) was payable to a principal shareholder’s company, for the
operating expenses paid by the related party on behalf of the Company. The loan amount is
unsecured, non-interest bearing and due on demand; |
| | | |
| b) | $28,000
(June 30, 2025: $28,000) owed to a director of the Company, for the amount of office, travel
and telephone expenses paid by the related party on behalf of the Company. The amount is
unsecured, non-interest bearing and due on demand. |
|