Lexaria Bioscience Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

Related Party Transactions

6 Months Ended

Feb. 28, 2018

14.	Related Party Transactions

	For the period ended February 28, 2018 the Company paid/accrued the following:

	February 28	February 28
	2018	2017
	$	$
Management, consulting and accounting services:
C.A.B Financial Services (“CAB”) ⁽¹⁾	106,169	64,000
M&E Services Ltd. (“M&E”) ⁽¹⁾	196,252	23,146
Docherty Management Limited (“Docherty Management”) ⁽¹⁾	105,328	100,051
Company controlled by a director – consulting	12,000	24,000
	419,749	211,197

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

The Company granted a total of 200,000 incentive stock options to an officer of the Company with a fair value of $122,562 (Note 12).

Due to related parties:

As at February 28, 2018, $5,594 (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.