Related Party Transactions

6 Months Ended

Jun. 30, 2017

Related Party Transactions [Abstract]

Related Party Transactions

8. Related Party Transactions

At June 30, 2017, accounts payable includes $71,737 due to a director, to a former director, and a company controlled by a director of the Company, in respect of unpaid management fees, expenses incurred on behalf of the Company, and operating costs paid on behalf of the Company.

At June 30, 2017, accrued interest includes $665,644 due to companies controlled by a director and a former director of the Company.

During the period ended June 30, 2017, the Company paid or accrued management fees of $48,000 to two directors.