| Related Party Transactions |
15. |
Related Party Transactions |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Management, consulting and director services |
|
Contract
$
|
|
|
% |
|
|
Non Cash
$
|
|
|
% |
|
|
May 31
2020
Total
$
|
|
|
Contract
$
|
|
|
% |
|
|
Non Cash $ |
|
|
% |
|
|
May 31
2019
Total
$
|
|
CAB Financial Services(1) |
|
|
196,555 |
|
|
|
56 |
|
|
|
153,065 |
|
|
|
44 |
|
|
|
349,620 |
|
|
|
157,255 |
|
|
|
100 |
|
|
|
— |
|
|
|
— |
|
|
|
157,255 |
|
M&E Services Ltd.(1) |
|
|
81,073 |
|
|
|
36 |
|
|
|
143,886 |
|
|
|
64 |
|
|
|
224,959 |
|
|
|
83,110 |
|
|
|
100 |
|
|
|
— |
|
|
|
— |
|
|
|
83,110 |
|
Docherty Management Limited(1) |
|
|
169,691 |
|
|
|
38 |
|
|
|
275,614 |
|
|
|
62 |
|
|
|
445,305 |
|
|
|
139,021 |
|
|
|
100 |
|
|
|
— |
|
|
|
— |
|
|
|
139,021 |
|
Directors |
|
|
51,171 |
|
|
|
37 |
|
|
|
88,544 |
|
|
|
63 |
|
|
|
139,715 |
|
|
|
18,553 |
|
|
|
8 |
|
|
|
225,436 |
|
|
|
92 |
|
|
|
243,989 |
|
|
|
|
498,490 |
|
|
|
|
|
|
|
661,109 |
|
|
|
|
|
|
|
1,159,599 |
|
|
|
397,939 |
|
|
|
|
|
|
|
225,436 |
|
|
|
|
|
|
|
623,375 |
|
(1)C.A.B. Financial Services is owned by the CEO of the Company, M&E Services Ltd. is owned by the CFO of the Company, and Docherty Management Limited is owned by the President of the Company. |
|
All related party transactions pertain to management and director agreements entered into in the normal course of business (Note 17). |
|
|
|
|
Due to related parties: |
|
|
|
|
Related party transactions are recorded at the exchange amount established and agreed to between the related parties. |
|
|
|
|
As at May 31, 2020, $29,595 (August 31, 2019 - $48,096) was payable to related parties and included in due to related parties. |
|