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Notes Payable – Related Party | 3 Months Ended
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Mar. 31, 2023
Notes Payable – Related Party Disclosure [Abstract] |
NOTES PAYABLE – RELATED PARTY |
| 12. | NOTES PAYABLE – RELATED PARTY
During the three month period ended March 31, 2023, the Company repaid $36,795 of principal. As at March 31, 2023, the Company had recorded $22,723 in accrued interest which was included in accounts payable and accrued liabilities. During the year ended December 31, 2022, the Company repaid $64,550 of principal. As at December 31, 2022, the Company had recorded $23,456 in accrued interest which was included in accounts payable and accrued liabilities. During the three month period ended March 31, 2023, the Company recorded finance expense of $0 (December 31, 2022 - $60,770). As of March 31, 2023, all notes are fully accreted.
|  | Amount |
|  |  | ($) |
Balance, December 31, 2021 |  |  | 2,786,183 |
Foreign currency adjustment |  |  | (177,690 | )
Repayments |  |  | (64,550 | )
Finance expense |  |  | 60,770 |
Balance, December 31, 2022 |  |  | 2,604,713 |
Foreign currency adjustment |  |  | (125 | )
Repayments |  |  | (36,795 | )
Balance, March 31, 2023 |  |  | 2,567,793 |
Current |  |  | 2,567,793 |
Non-current |  |  | 0 |

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- Definition The disclosure of trade and other payables. [Refer: Trade and other payables] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_10_e&doctype=Standard -URIDate 2022-03-24 + Details
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