RELATED PARTY TRANSACTIONS AND BALANCES (Tables)

12 Months Ended

Dec. 31, 2022

Dec. 31, 2021

RELATED PARTY TRANSACTIONS AND BALANCES

Schedule of directors and key management compensation

			For the year ended
	December 31,		December 31,
	2022		2021
Management and consulting fees	$	559,591	$	12,206
Share-based compensation		136,148		—
Directors’ fees		44,380		—
	$	740,119	$	12,206

Compensation	2021		2020
	$		$
Management fees (i)		6,000		2,000
Accounting fees (ii)		9,300		—
Share-based payments (iii)		—		1,807,450
		15,300		1,809,450

(i)Management fees are compensation paid to an officer of the Company.

(ii)Accounting fees are fees paid to the CFO for preparation of the financial statements.

(iii)Share-based payment is the fair value of options granted and vested.