XML 36 R15.htm IDEA: XBRL DOCUMENT

Related Party Transactions	9 Months Ended
May 31, 2014
Notes to Financial Statements
Note - 9 Related Party Transactions	Andrew McKinnon was appointed as Chief Executive Officer of the Company on March 18, 2014 and received a signing bonus of 750,000 (pre-stock split) five year options with an exercise price of $0.18 which vested immediately, as part of his compensation package. As of May 31, 2014 and August 31, 2013, the amount of $36,780 and $771,842 is owed to the Chief Executive Officer of the Company which is non-interest bearing, unsecured, and due on demand, respectively.

Related Party Transactions

9 Months Ended

May 31, 2014

Andrew McKinnon was appointed as Chief Executive Officer of the Company on March 18, 2014 and received a signing bonus of 750,000 (pre-stock split) five year options with an exercise price of $0.18 which vested immediately, as part of his compensation package.

As of May 31, 2014 and August 31, 2013, the amount of $36,780 and $771,842 is owed to the Chief Executive Officer of the Company which is non-interest bearing, unsecured, and due on demand, respectively.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References+ Details