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RELATED PARTY TRANSACTIONS (Tables)
12 Months Ended
Dec. 31, 2021
RELATED PARTY TRANSACTIONS  
Schedule of key management remuneration

For the years ended December 31, 

    

2021

    

2020

    

2019

Short-term employee benefits

 

  

 

  

Employee salaries and bonuses

$

2,729,475

$

2,348,709

$

2,235,926

Directors fees

 

270,000

 

265,833

245,000

Social security and medical care costs

 

95,456

 

80,949

77,284

 

3,094,931

 

2,695,491

2,558,210

Post-employment benefits

 

 

Contributions to defined contribution pension plan

 

34,209

 

36,114

32,435

Share-based payments

 

3,332,809

 

1,726,690

1,555,857

Total key management remuneration

$

6,461,949

$

4,458,295

$

4,146,502