Related Party Disclosures

12 Months Ended

Mar. 31, 2012

Related Party Disclosures

Related Party Transactions Disclosure

6. Related Party Transactions

Other than as disclosed elsewhere in these financial statements, the following amounts have been recorded as transactions with related parties:

a) Amounts due to related parties are as follows:

	2012	2011
Loans payable to a directors and officers of the company. The loans are unsecured, due on demand and non-interest bearing (2011 - 10%). It is expected that these loans will be repaid within the next 12 months.	2,079	30,242
Wages and bonus payable to a director and officer of the company. This liability is unsecured, due on demand and non-interest bearing (2011 - nil%).	131,368	57,921
	$ 133,447	$ 88,163
Less: Current portion	(133,447)	(88,163)
Long-term portion	$ -	$ -

b) Interest expense on amounts due to directors and an officer was $nil (2011 - $10,852).

c) Salaries and benefits include $75,407 (2011 - $73,462) paid to a director and officer of the Company.

d) As at March 31, 2012, a director and officer of the Company held approximately 33.40% of the issued and outstanding shares of the Company.