Related Party Transactions

9 Months Ended

Jan. 31, 2015

Related Party Transactions [Text Block]

Note 3 Related Party Transactions

During the three and nine months ended January 31, 2015, the Company through its wholly owned subsidiary, CounterPath Technologies, paid $20,397 and $61,192 (2014 - $17,227 and $51,679), respectively, to Kanata Research Park Corporation (“KRP”) for leased office space. KRP is controlled by the Chairman of the Company.

On November 21, 2013, the Company, through its wholly owned subsidiary, CounterPath Technologies, entered into an agreement with 8007004 (Canada) Inc. (“8007004”) to lease office space. 8007004 is controlled by a member of the board of directors of the Company. CounterPath Technologies, paid $2,369 and $16,583 (2014 - $5,560 and $5,560) for the three and nine months ended January 31, 2015.

The above transactions are in the normal course of operations and are recorded at amounts established and agreed to between the related parties.