Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Related party transactions

v3.19.1
Related party transactions
12 Months Ended
Dec. 31, 2018
Related party transactions [Abstract]  
Related party transactions
18. Related party transactions

 

Related party balances

The following amounts are due to related parties:

 

    December 31,
2018
    December 31,
2017
 
Shareholder loan   $ 6,230     $ 10,383  
Due to related parties (Note 8)     83,331       16,814  
    $ 89,561     $ 27,197  

 

These amounts are unsecured, non-interest bearing and have no fixed terms of repayment.

 

Key management personnel compensation

 

    December 31,
2018
    December 31,
2017
    December 31,
2016
 
Consulting fees   $ 335,114     $ 185,000     $ 136,500  
Salary     459,440       280,167       45,000  
Directors fees     165,336       -       -  
Deferred salary for CEO     -       -       30,000  
Stock-based compensation     1,497,881       659,228       1,238,013  
    $ 2,457,771     $ 1,124,395     $ 1,449,513