7. DUE TO RELATED PARTY

6 Months Ended

Dec. 31, 2014

Notes to Financial Statements

7. DUE TO RELATED PARTY

As of December 31, 2014, due to related parties balance of $72,889 (June 30, 2014: $71,379) represents the combination of the following:

a) $56,889 (June 30, 2014: $55,379) owed to a company controlled by a former director and principal shareholder of the Company, for the amount of office, transfer agent and travel expenses paid by the related party on behalf of the Company. The amount is unsecured, non-interest bearing and due on demand; and

b) $16,000 (June 30, 2014: $16,000) owed to a director of the Company, for the amount of office, travel and telephone expenses paid by the related party on behalf of the Company. The amount is unsecured, non-interest bearing and due on demand.