Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

v3.8.0.1
Related Party Transactions
3 Months Ended
Nov. 30, 2017
Related Party Transactions [Text Block]
14.

Related Party Transactions

   
 

For the period ended November 30, 2017, the Company paid/accrued the following:


      November 30     November 30  
      2017     2016  
      $     $  
  Management, consulting and accounting services:            
       C.A.B Financial Services (“CAB”) (1)   36,000     30,230  
       M&E Services Ltd. (“M&E”) (1)   18,822     11,089  
       Docherty Management Limited (“Docherty Management”) (1)   35,292     70,166  
       Company controlled by a director – consulting   12,000     12,000  
      102,114     123,485  

 

(1) CAB is owned by the CEO of the Company, M&E is owned by the CFO of the Company June 1, 2017, and Docherty Management Limited (“Docherty Management”) is owned by the President of the Company.

   
 

Due to related parties:

   
 

As at November 30, 2017, $25,018 (August 31, 2017 - $42,690) was payable to related parties included in due to related parties.

   
 

The related party transactions are recorded at the exchange amount established and agreed to between the related parties.