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Note 8 - Related Party Transactions | 12 Months Ended
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Mar. 31, 2024
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Disclosure of related party [text block] |
8. | RELATED PARTY TRANSACTIONS
Key management personnel include those persons having authority and responsibility for planning, directing and controlling the activities of the Company as a whole. The Company has determined that key management personnel consist of executive and non-executive members of the Company’s Board of Directors and corporate officers and companies controlled by them. The remuneration of directors and other members of key management personnel during the periods ended June 30, 2024, and 2023 was as follows:
|  | Management fees |  |  | Consulting fees |  |  | Share-based payments |  |  | Total |
Period ended June 30, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current and former directors, officers and companies controlled by them |  | $ | 166,500 |  |  | $ | - |  |  | $ | - |  |  | $ | 166,500 |
Period ended June 30, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current and former directors, officers and companies controlled by them |  | $ | 105,000 |  |  | $ | 30,000 |  |  | $ | - |  |  | $ | 135,000 |
Additionally, please refer to Note 6 on the short-term related party Loan payable. The amounts due to related parties included in accounts payable and accrued liabilities are unsecured, non-interest bearing, and have no specific terms of repayment, and are as follows:
|  | June 30, 2024 |  |  | March 31, 2024 |
Current and former directors, officers and companies controlled by them |  | $ | 60,819 |  |  | $ | 86,980 |

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