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Note 17 - Related Party Transactions
12 Months Ended
Nov. 30, 2023
Statement Line Items [Line Items]  
Disclosure of related party [text block]

17.

Related Party Transactions

 

17.1

Related Party Transactions

 

Related party transactions not disclosed elsewhere in the consolidated financial statements are as follows:

 

 

During the year ended November 30, 2023, the Company incurred $325 (year ended November 30, 2022: $131) in general and administrative expenses related to website design, video production, website hosting services and marketing services paid to Blender Media Inc., a company controlled by a direct family member of one of the Company's Co-Chairmen. As at November 30, 2023, prepaid expenses includes $230 ( November 30, 2022: $nil) in service fees paid to Blender Media.

 

Related party transactions are based on the amounts agreed to by the parties. During the year ended November 30, 2023, the Company did not enter into any contracts or undertake any commitment or obligation with any related parties other than as disclosed herein.

 

17.2

Transactions with Key Management Personnel

 

Key management personnel are persons responsible for planning, directing and controlling the activities of an entity and include management and directors' fees and share-based compensation, which are described below for the year ended November 30, 2023:

 

  

For the year ended

 
  

November 30,

 
  

2023

  

2022

 
  

($)

  

($)

 

Management fees

  280   265 

Director and officer fees

  564   562 

Share-based compensation

  1,719   1,219 

Total

  2,563   2,046 

 

As at November 30, 2023, $239 was payable to key management personnel for services provided to the Company ( November 30, 2022: $170). Compensation is comprised entirely of salaries, fees and similar forms of remuneration and directors' fees. Management includes the Chief Executive Officer and the Chief Financial Officer.