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9. Related Party Transactions
 3 Months Ended
Mar. 31, 2017
Notes  
9. Related Party Transactions

9. RELATED PARTY TRANSACTIONS

 

The Company’s transactions with related parties were carried out on normal commercial terms and in the course of the Company’s business.  Other than disclosed elsewhere in the Company’s consolidated financial statements, related party transactions are as follows. 

 

 

Three Months Ended March 31, 2017

Three Months Ended March 31, 2016

Twelve Months Ended March 31, 2017

Twelve Months Ended March 31, 2016

 Twelve Months Ended December 31, 2016

Twelve Months Ended December 31, 2015

 

$

$

$

$

 $

$

Consulting fees and allowance*

                           -

              43,680

                178,460

             129,078

                 222,140

                  145,825

Salary and allowance**

                 80,052

                        -

                291,954

               63,000

                 211,902

                    63,000

Stock based compensation***

               203,512

                        -

                623,561

          1,054,958

                 420,049

               2,190,152

Total

               283,564

              43,680

             1,093,975

          1,247,036

                 854,091

               2,398,977

 

* Consulting fees and allowance represents amounts paid/payable to a related party owned by a shareholder/chief executive officer of the Company.

 

** Salary and allowance include salary, car allowance, vacation pay, bonus and other allowances paid or payable to a shareholder or the chief executive officer of the Company.

 

*** Stock based compensation represent the fair value of the options, warrants and equity incentive plan for directors, shareholders and the chief executive officer of the Company.