Related Party Transactions and Balances

12 Months Ended

Dec. 31, 2020

9. Related Party Transactions and Balances

The following transactions with related parties were in the normal course of operations and were measured at the exchange value which represented the amount of consideration established and agreed to by the parties.

Refer to Notes 8(b) and 8(d) for the disclosure of stock-based compensation to the CEO and CFO of the Company.

Receivable from Related Parties:

	December 31, 2020	December 31, 2019
Receivable from Benedetto Fuschino (i)(ii)	$ -	$ 10,698
Receivable from Sabine Frisch for stock to be issued, Sabine Frisch is the spouse of Scott Keevil a stockholder and consultant to the Company.(i)	19,000	19,000
Receivable from related parties	$ 19,000	$ 29,698

(i)

These amounts were non-interest bearing, unsecured and had no terms of repayment.

(ii)

The balance was applied against advances from stockholder.