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RELATED PARTY TRANSACTIONS AND BALANCES | 9 Months Ended
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Sep. 30, 2022
Related Party Transactions And Balances | 11. RELATED PARTY TRANSACTIONS AND BALANCES All related party transactions are recorded at the exchange amount which is the amount agreed to by the Company and the related party.
(a) | Key management personnel
The Company has identified its directors and certain senior officers as its key management personnel. The compensation costs for key management personnel for the three and nine months ended September 30, 2022 and 2021 is as follows:
|  | Three months ended September 30, |  |  | Nine months ended September 30, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Salaries, benefits, and consulting fees |  | $ | 237 |  |  | $ | 243 |  |  | $ | 975 |  |  | $ | 742 |
Share-based payments |  |  | 427 |  |  |  | 230 |  |  |  | 1,251 |  |  |  | 1,133 |
|  | $ | 664 |  |  | $ | 473 |  |  | $ | 2,226 |  |  | $ | 1,875 |
(b) | Amounts due to/from related parties
In the normal course of operations the Company transacts with companies related to Avino’s directors or officers. All amounts payable and receivable are non-interest bearing, unsecured and due on demand. The following table summarizes the amounts were due to related parties:
|  | September 30, 2022 |  |  | December 31, 2021 |
Oniva International Services Corp. |  | $ | 99 |  |  | $ | 107 |
Directors |  |  | 31 |  |  |  | 56 |
Silver Wolf Exploration |  |  | (58 | ) |  |  | - |
|  | $ | 72 |  |  | $ | 163 |
For services provided to the Company as President and Chief Executive Officer, the Company pays Intermark Capital Corporation (“ICC”), a company controlled by David Wolfin, the Company’s president and CEO and also a director, for consulting services. For the three and nine months ended September 30, 2022, the Company paid $66 and $263 (September 30, 2021 - $60 and $180 respectively) to ICC.
(c) | Other related party transactions
The Company has a cost sharing agreement with Oniva International Services Corp. (“Oniva”) for office and administration services. Pursuant to the cost sharing agreement, the Company will reimburse Oniva for the Company’s percentage of overhead and corporate expenses and for out-of-pocket expenses incurred on behalf of the Company. David Wolfin, President & CEO, and a director of the Company, is the sole owner of Oniva. The cost sharing agreement may be terminated with one-month notice by either party without penalty. The transactions with Oniva during the three and nine months ended September 30, 2022 and 2021 are summarized below:
|  | Three months ended September 30, |  |  | Nine months ended September 30, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Salaries and benefits |  | $ | 218 |  |  | $ | 172 |  |  | $ | 670 |  |  | $ | 550 |
Office and miscellaneous |  |  | 119 |  |  |  | 91 |  |  |  | 325 |  |  |  | 273 |
|  | $ | 337 |  |  | $ | 263 |  |  | $ | 995 |  |  | $ | 823 |

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- Definition The disclosure of transactions between the entity and its related parties. [Refer: Related parties [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 24 -IssueDate 2021-01-01 -Paragraph 18 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=24&code=ifrs-tx-2021-en-r&anchor=para_18&doctype=Standard -URIDate 2021-03-24 + Details
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