15.

Related Party Transactions

Included in management salaries are $20 thousand (2018 - $8) for options granted to the Chief Executive Officer, $14 thousand (2018 - $3 thousand) for options granted to the Chief Financial Officer, $5 (2018 - $3 ) for options granted to the Vice President, Operations, $8 thousand (2018 - $4 thousand) for options granted to the Vice- President, Research and Development, $8 thousand (2018 – $11 thousand) for options granted to Vice-President, Business and Corporate Development under the 2016 Stock Option Plan and $Nil (2018 - $3 thousand) for options granted to non-employee directors.

Also included general and administrative expense for the three-month period ended March 31, 2019 are director fees of $58 thousand (2018 - $69 thousand) and DSU of $210 thousand (2018: $Nil).

The above related party transactions have been measured at the exchange amount which is the amount of the consideration established and agreed to by the related parties.