Related Party Transactions

12 Months Ended

Jul. 31, 2016

RELATED PARTY TRANSACTIONS

A former officer of the Company has advanced the Company $24,747 by making payments on behalf of the Company. The full balance of $24,747 is still owed as of July 31, 2016 (July 31, 2015 - $24,747). The advance is unsecured, non-interest bearing and has no specific terms of repayment.

On August 15, 2012, the Company entered into an Independent Contractor Agreement with the Company’s then newly appointed Chief Executive Officer, President and Director. The term of the agreement commenced on August 15, 2012 and went through to August 15, 2013, unless formerly terminated. The agreement continued on a month-to-month basis until March 15, 2014. On April 24, 2014, a Settlement Agreement was entered into for a lump sum in full compensation of outstanding compensation owed to the officer to March 15, 2014. In the year ended July 31, 2016, $Nil was paid to the officer (July 31, 2015 - $12,500). The officer has resigned. As of July 31, 2016, $2,500 for the final month of consulting for September 2014 is still owed by the Company.

For the year ended July 31, 2016, total payments of $81,400 (July 31, 2015 - $83,350) were made to an officer of the Company for consulting services.