XML 24 R14.htm IDEA: XBRL DOCUMENT v3.22.1
Related Party Transactions
3 Months Ended
Mar. 31, 2022
Related Party Transactions [Abstract]  
Related Party Transactions

8. Related Party Transactions

 

During the three months ended March 31, 2022, the Company recorded salaries expense of $80,672 (2021 - $49,783) related to services rendered to the Company by its CEO and make a repayment of $1,863. As of March 31, 2022 related party loan was $33,684 (December 31, 2021 - $35,547). During the same period the Company recorded salaries expense of $67,226 to an officer and director of the Company.

 

During the three months ended March 31, 2021, the Company paid a director of the Company $50,000 for services rendered from 2015 to 2020.

 

During the three months ended March 31, 2021, the Company paid $59,203 to a U.S.-based corporation which the Company’s CEO and director is also a stockholder.

 

Refer to note 18 for additional related party transactions.