Quarterly report pursuant to Section 13 or 15(d)

Commitments, Significant Contracts and Contingencies

v3.19.3.a.u2
Commitments, Significant Contracts and Contingencies
3 Months Ended
Nov. 30, 2019
Commitments and Contingencies Disclosure [Abstract]  
Commitments, Significant Contracts and Contingencies

17. Commitments, Significant Contracts and Contingencies

 

Management and Service Agreements:

 

As at November 30, 2019, the Company is party to the following contractual commitments:

 

Party

 

Monthly Commitment

 

Expiry Date

 
C.A.B Financial Services

 

CAD $29,167

 

January 1, 2022

 

Docherty Management Ltd.

 

CAD $25,000

 

January 1, 2022

 

ME Services Ltd.

 

CAD $12,960

 

June 1, 2021

 

Corporate development

 

CAD $1,000

 

Month to Month

 

Corporate development

 

CAD $8,000

 

Month to Month

 

Investor relations and communications – Alex Blanchard Capital   CAD $7,500

 

Month to Month

 

Office management

 

CAD $10,000

 

August 15, 2022

 

Research development

 

CAD $3,854

 

Month to Month

 

Office rent(1)

 

CAD $4,823

 

November 15, 2023

 

 

Corporate Offices

 

(1) Corporate office and RD lab space leased in Kelowna, British Columbia, Canada until November 15, 2023 with an option to extend an additional five years.