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3. RELATED PARTY TRANSACTIONS
3 Months Ended
Apr. 30, 2015
Related Party Transactions [Abstract]  
3. RELATED PARTY TRANSACTIONS

a) On February 17, 2015, a former majority shareholder of the Company advanced $485 to the Company.  During the three months ended April 30, 2015, the Company repaid $61 and the remaining balance of $424 was forgiven by the shareholder and the amount was recorded in additional paid-in capital.

 

b) As at April 30, 2015, the Company is indebted to ARP for $87,996 which represents expenses paid on behalf of the Company.

 

c) During the three months ended April 30, 2015, the Company prepaid $36,000 to its Chief Executive Officer in relation to the executive agreement as described in Note 5(g).  The Company expensed $4,167 of the $36,000 during the three months ended April 30, 2015 and the remaining $31,833 is recorded in prepaid expenses as at April 30, 2015.

 

d) During the three months ended April 30, 2015, the Company prepaid $13,800 to its Chief Financial Officer in relation to the executive agreement as described in Note 5(f).  At April 30, 2015, the $13,800 is recorded in prepaid expenses.