Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

v3.10.0.1
Related Party Transactions
6 Months Ended
Sep. 30, 2018
Related Party Transactions [Abstract]  
Related Party Transactions
8. Related Party Transactions

 

(a) As at September 30, 2018, the Company was owed $25,095 (March 31, 2018 - $25,101) from a shareholder of the Company who has a significant influence on the Company’s operations. The amount owed is unsecured, non-interest bearing, and due on demand.

 

(b) As at September 30, 2018, the Company owed $19,737 (March 31, 2018 – $198,175) to PGG, a company controlled by a shareholder of the Company who has a significant influence on the Company’s operations, of which $nil (March 31, 2018 - $28,618) was recorded in accounts payable and accrued liabilities. The amounts owing are unsecured, non-interest bearing, and due on demand.

 

(c) As at September 30, 2018, the Company owed $71,235 (March 31, 2018 – $64,195) to directors of the Company, of which $11,748 (March 31, 2018 - $4,208) was recorded in accounts payable and accrued liabilities. The amounts owing are unsecured, non-interest bearing, and due on demand.

 

(d) During the six months ended September 30, 2018, the Company incurred $125,000 (2017 – $120,000) in consulting fees to PGG, a company controlled by a shareholder of the Company who has a significant influence on the Company’s operations.

 

(e) During the six months ended September 30, 2018, the Company incurred $120,000 (2017 – $20,000) in consulting fees to a company controlled by a director of the Company.