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8. Related Party Transactions and Balances
 3 Months Ended
Jun. 30, 2017
Notes  
8. Related Party Transactions and Balances

8. RELATED PARTY TRANSACTIONS AND BALANCES

 

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 those disclosed elsewhere in the financial statements, related party transactions are as follows:

 

 

Three Months Ended June 30, 2017

Three Months Ended June 30, 2016

 

 $

$

Consulting fees and allowance*

                                -

                 45,126

Salary and allowance**

                  150,052

                            -

Stock based compensation***

                  190,491

                            -

Total

                  340,543

                 45,126

The above expenses were recorded under general and administrative expenses.

 

* Consulting fees and allowance represents amounts paid/payable to a related party owned by a shareholder that is a member of key management of the Company.

 

** Salary and allowance include salary, car allowance, vacation pay, bonus and other allowances paid or payable to key management of the Company.

 

*** Stock based compensation represent the fair value of the options, warrants and equity incentive plan for directors and key management of the Company.