2. Promissory Notes Payable

6 Months Ended

Jun. 30, 2015

Notes

2. Promissory Notes Payable

2.  Promissory notes payable

The following table sets forth the financial statement presentation of the promissory note proceeds on issuance, and the changes in the financial statement presentation of the balance allocated to the notes as at and for the periods ended June 30, 2015 and December 31, 2014:

	Six months	Year ended
	ended June 30, 2015	December 31, 2014
	(unaudited)
Balance beginning of period	$  46,250	$  57,339
Principal repaid	--	(11,089)
	$    46,250	$  46,250

Included in interest and financing costs for the three and six months ended June 30, 2015 is $1,385 (2014: $1,656) and $2,753 (2014: $3,235), respectively, of interest on the promissory notes.  Interest on the promissory notes paid in cash during the three and six months ended June 30, 2015 was $nil (2014:  $709) and $nil (2014: $927), respectively.