Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - Tierra Grande Resources Inc.Financial_Report.xls
XML - IDEA: XBRL DOCUMENT - Tierra Grande Resources Inc.R8.htm
XML - IDEA: XBRL DOCUMENT - Tierra Grande Resources Inc.R6.htm
XML - IDEA: XBRL DOCUMENT - Tierra Grande Resources Inc.R7.htm
XML - IDEA: XBRL DOCUMENT - Tierra Grande Resources Inc.R2.htm
XML - IDEA: XBRL DOCUMENT - Tierra Grande Resources Inc.R3.htm
XML - IDEA: XBRL DOCUMENT - Tierra Grande Resources Inc.R9.htm
XML - IDEA: XBRL DOCUMENT - Tierra Grande Resources Inc.R4.htm
XML - IDEA: XBRL DOCUMENT - Tierra Grande Resources Inc.R1.htm
XML - IDEA: XBRL DOCUMENT - Tierra Grande Resources Inc.R12.htm
XML - IDEA: XBRL DOCUMENT - Tierra Grande Resources Inc.R17.htm
XML - IDEA: XBRL DOCUMENT - Tierra Grande Resources Inc.R11.htm
XML - IDEA: XBRL DOCUMENT - Tierra Grande Resources Inc.R14.htm
XML - IDEA: XBRL DOCUMENT - Tierra Grande Resources Inc.R13.htm
XML - IDEA: XBRL DOCUMENT - Tierra Grande Resources Inc.R10.htm
XML - IDEA: XBRL DOCUMENT - Tierra Grande Resources Inc.R15.htm
XML - IDEA: XBRL DOCUMENT - Tierra Grande Resources Inc.R16.htm
XML - IDEA: XBRL DOCUMENT - Tierra Grande Resources Inc.R18.htm
EX-32.1 - CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER - Tierra Grande Resources Inc.exhibit32-1.htm
10-K - ANNUAL REPORT - Tierra Grande Resources Inc.buckingham_10k.htm
EX-31.1 - CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER - Tierra Grande Resources Inc.exhibit31-1.htm
v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
12 Months Ended 74 Months Ended
May 31, 2012
May 31, 2011
May 31, 2012
Operating Activities      
Net loss $ (1,028,220) $ (278,821) $ (8,628,470)
Adjustments to reconcile net loss to net cash used in operating activities      
Accretion of convertible debenture discount 0 0 31,396
Amortization 1,160 676 1,893
Shares issued for mineral property costs 22,500 0 2,323,600
Impairment of mineral property costs 0 0 2,230,125
Stock-based compensation 65,000 0 673,120
Gain on disposal of property and equipment 0 0 (7,277)
Loss from discontinued operations 0 0 37,785
Changes in operating assets and liabilities      
Accounts payable and accrued liabilities 323,281 (10,984) 686,865
Other receivables 2,978 192 (2,739)
Prepaid expenses and other current assets (18,451) (1,549) (21,043)
Due to related parties (101,222) (86,146) (199,451)
Net Cash Used in Operating Activities (732,974) (376,632) (2,874,196)
Investing Activities      
Acquisition of mineral properties 0 0 (2,230,125)
Acquisition of property and equipment (1,933) 0 (88,696)
Proceeds from disposition of subsidiaries 0 0 32,970
Proceeds from disposal of property and equipment 0 0 24,777
Proceeds from disposal of property and equipment in discontinued operations 0 0 12,496
Net Cash Used in Investing Activities (1,933) 0 (2,248,578)
Financing Activities      
Advances from related parties 0 0 196,671
Repayments to related parties 0 (23,027) (59,026)
Proceeds from notes payable 0 0 61,694
Repayment of note payable 0 (50,000) (73,362)
Proceeds from loans payable 0 12,218 387,218
Repayment of loans payable 0 0 (25,000)
Proceeds from the issuance of common stock 1,116,777 500,000 5,278,352
Proceeds from common stock subscription 0 0 10,350
Share issuance costs 0 0 (207,500)
Net Cash Provided by Financing Activities 1,116,777 439,191 5,569,397
Increase In Cash 381,870 62,559 446,623
Cash - Beginning of Period 64,753 2,194 0
Cash - End of Period 446,623 64,753 446,623
Non-Cash Investing and Financing Activities:      
Subscription receivable 30,000 0 30,000
Convertible debt issued to settle loans payable 0 0 350,000
Convertible debt issued to settle related party advances 0 0 150,000
Common stock issued for mineral property acquisitions 0 0 2,201,100
Common stock issued for finders fee 0 0 100,000
Common stock issued for services 0 0 172,000
Disposal of property and equipment for debt settlement 0 0 16,952
Conversion of debt to stock 0 66,332 66,332
Issuance of stock for settlement of accrued interest 0 23,674 477,661
Supplemental Disclosures:      
Interest paid 0 0 21,897
Income tax paid $ 0 $ 0 $ 0