XML 38 R20.htm IDEA: XBRL DOCUMENT v3.23.1
Loans Payable to Related Parties
12 Months Ended
Dec. 31, 2022
Loans Payable to Related Party [Abstract]  
Loans Payable to Related Parties [Text Block]

14. Loans Payable to Related Parties

    2022     2021  
             
Director $ 40,000   $ -  

The loan owing to director was received by the Company on June 6, 2022, is unsecured, bearing interest at 5% per annum and due on demand.

During the year ended December 31, 2022 $1,134 was incurred on the director loan. As at December 31, 2022, $1,088 of accrued interest is included in accrued liabilities in the consolidated balance sheets.

December 31, 2021, $264 (C$331) of interest was incurred on loans from the CFO which were repaid during the year and $nil (C$nil) in interest was incurred on the loans payable to the CEO.

During the year ended December 31, 2022, a director's company, Travellers, converted a total of $nil (C$nil) (2021-$371,001; C$461,620) of loans provided during the year and $33,371 (C$45,200) (2021-$80,323; C$101,700) of accounts payable owing to Travellers for 193,778 (2021-1,726,076) common shares.