XML 23 R13.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Note 8 - Related Party Transactions
12 Months Ended
Mar. 31, 2024
Statement Line Items [Line Items]  
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