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RELATED PARTY TRANSACTIONS (Tables)
 6 Months Ended
Jun. 30, 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)

 

           
  

June 30,

2022

   December 31, 2021 
Directors and officers of the Company   67    28 
Related company   -    5 
Total   67    33 

 

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

 

The following amount represent amount due from Premium Nickel as well as the investment in this private company, 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)

 

           
  

June 30,

2022

   December 31, 2021 
Due from related party   280    199 
Investment   -    321 
           
Total   280    520 
SCHEDULE OF KEY MANAGEMENT COMPENSATION

Key management compensation was:

 

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

 

           
   June 30, 2022   June 30, 2021 
Management fees – expensed   327    386 
Share-based payments   -    621 
Total   327    1,007