Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

Related Party Transactions
3 Months Ended
Nov. 30, 2015
Related Party Transactions [Text Block]
9. Related Party Transactions

For the three months ended November 3, 2015, the Company accrued/paid $30,000 to CAB (2014: $24,000); to BKB Management Ltd. ("BKB") CAD$22,500 (2014: CAD$16,500) for management, consulting and accounting services; to a senior vice president $9,000 (2014: $Nil) for executive management consulting; and to Docherty Management Limited CAD$37,500 (2014: $Nil). CAB is owned by the CEO of the Company, BKB is owned by the CFO of the Company and Docherty Management Limited is owned by the President of the Company.

$107,664 was payable to the President, senior vice president and a company controlled by a CEO of the Company.

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