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RELATED PARTY TRANSACTIONS (Tables)
3 Months Ended
Mar. 31, 2022
SCHEDULE OF AMOUNTS DUE TO RELATED PARTIES, INCLUDED IN TRADE PAYABLES AND ACCRUED LIABILITIES

The following amounts due to related parties are included in trade payables and accrued liabilities (Note 6):

 

(All amounts in table are expressed in thousands of Canadian dollars)

 

   1    5 
  

March 31,

2022

  

December 31,

2021

 
Directors and officers of the Company   46    28 
Related company   -    5 
Total   46    33 

 

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

 

The following amount due from related party and advance represent as well as the investment in Premium Nickel a private company incorporated in Ontario, in which certain directors and officers of the Company also hold offices and minority investments.

 

(All amounts in table are expressed in thousands of Canadian dollars)

 

    1    2 
  

March 31,

2022

  

December 31,

2021

 
Due from related party   1,623    199 
Investment   186    321 
           
Total   1,809    520 
SCHEDULE OF KEY MANAGEMENT COMPENSATION

Key management compensation was:

 

(All amounts in table are expressed in thousands of Canadian dollars)

 

   -    2 
   March 31, 2022   March 31, 2021 
Management fees – expensed   163    183 
Share-based payments   -    621 
Total   163    804