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Related Party Transactions

6 Months Ended

Jun. 30, 2019

Disclosure of transactions between related parties [abstract]

Related Party Transactions

9.	RELATED PARTY TRANSACTIONS

The following amounts due to related parties are included in trade payables and accrued liabilities (Note 7):

		June 30, 2019				December 31, 2018
Directors and officers of the Company			6				1

Total			6				1

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

(a) Related party transactions

As of June 30, 2019, Sentient beneficially owns 369,809,820 common shares constituting approximately 46.93% of the currently issued and outstanding common shares.

As of June 30, 2019, CATL beneficially owns 200,000,000 common shares constituting approximately 25.38% of the currently issued and outstanding shares of the Company. CATL has pre-emptive rights and the right to nominate one director to the board of directors of the Company.

During the six months period ended June 30, 2019, the Company recorded $29 (June 30, 2018 - $188) in fees charged by a legal firm in which the Company’s chairman is a consultant.

(b) Key management personnel are defined as members of the Board of Directors and senior officers.

Key management compensation was:

		June 30, 2019				June 30, 2018
Geological consulting fees – expensed			56				52
Geological consulting fees – capitalized			-				18
Management fees – expensed			374				379
Salaries - expensed			95				80
Share-based payments			-				192
Total			525				721