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Related Party Transactions
 12 Months Ended
Dec. 31, 2023
Related party transactions [abstract]  
Related Party Transactions

NOTE 19. RELATED PARTY TRANSACTIONS

Compensation of Key Management Personnel

The remuneration of key management personnel is as follows:

 

 

 

2023

 

 

2022

 

Salaries and other benefits

 

$

9,966

 

 

$

6,132

 

Equity-settled share-based compensation

 

 

1,541

 

 

 

441

 

Cash-settled share-based compensation

 

 

17,660

 

 

 

60,796

 

 

 

$

29,167

 

 

$

67,369

 

Key management personnel are comprised of the directors and executive officers of the Corporation. Certain executive officers have entered into employment agreements with Precision that provide termination benefits of up to 24 months base salary plus up to two times targeted incentive compensation upon dismissal without cause.