Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Related party transactions

v3.19.3
Related party transactions
9 Months Ended
Sep. 30, 2019
Related party transactions  
Related party transactions

16.Related party transactions

Related party balances

The following amounts are due to related parties:

 

 

 

 

 

 

 

 

 

    

September 30, 

    

December 31, 

 

 

2019

 

2018

Shareholder loan

 

$

3,115

 

$

6,230

Due to related parties (Note 7)

 

 

367,413

 

 

83,331

 

 

$

370,528

 

$

89,561

 

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

Key management personnel compensation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

Nine months ended

 

    

September 30, 2019

    

September 30, 2018

 

September 30, 

    

September 30, 

 

 

2019

 

2018

 

2019

 

2018

Consulting fees

 

$

137,569

 

$

90,166

 

$

382,701

 

$

222,166

Salaries

 

 

217,017

 

 

139,440

 

 

515,684

 

 

284,000

Director fees

 

 

135,723

 

 

52,178

 

 

296,201

 

 

97,779

Stock-based compensation

 

 

1,372,613

 

 

367,611

 

 

3,328,759

 

 

1,322,406

 

 

$

1,862,922

 

$

649,395

 

$

4,523,345

 

$

1,926,351