(a)

As at February 28, 2022, the Company owed $1,123,076 (2021 – $930,020) to the President of the Company which is unsecured, non-interest bearing, and due on demand.

(b)

As at February 28, 2022, the Company owed $117,491 (2021 - $15,200) under various loan agreements which are unsecured, bear interest at 5% per annum, and have different maturity dates respectively. The interest rate increases to 12% per annum on non-repayment of the principal amount outstanding and interest thereon by the due date. Interest is accrued until final repayment and is based on the principal amount outstanding. The loan agreements are with the spouse of the President of the Company.

(c)

As at February 28, 2022, the Company owed $27,999 (2021 - $28,028) to the Chief Operating Officer (“COO”) of the Company. The amount owing is included in accounts payable and accrued liabilities. During the year ended February 28, 2022, the Company incurred $40,703 (2021 – $38,250) in research and development fees to the COO of the Company.

(d)

During the year ended February 28, 2022, the Company incurred $191,544 (2021 – $180,000) in research and development fees to the President of the Company.

(e)

During the year ended February 28, 2022, the Company incurred $23,943 (2021 - $22,500) in administrative fees, which is included in general and administrative expense, to the office manager who is also the spouse of the President of the Company.

(f)

During the year ended February 28, 2022, the Company recognized stock-based compensation of $128,913 (2021 - $505,556) to the President, COO and directors of the Company. The Company also recognized stock-based compensation of $18,566 (2021 - $111,570) in general and administrative to the spouse of the President of the Company.