Related Party Transactions

3 Months Ended

Aug. 31, 2016

Related Party Transactions [Text Block]

3. Related Party Transactions

(a)	During the three months ended August 31, 2016, the Company incurred consulting fees of $7,636 (2015 - $5,937) to a company controlled by the President of the Company.
(b)	During the three months ended August 31, 2016, the Company incurred consulting fees of $nil (2015 - $31,170) to a Director of the Company.
(c)	During the three months ended August 31, 2016, the Company incurred consulting fees of $46,058 (2015 - $29,088) and rent of $4,606 (2015 – $2,909) to a company controlled by the brother of the former President of the Company which is included in general and administrative expenses.
(d)	During the three months ended August 31, 2016, the Company incurred consulting fees of $nil (2015 – $8,311) to the former President of the Company.
(e)	As at August 31, 2016, the Company owes of $16,004 (May 31, 2016 - $9,120) to a company controlled by the President of the Company, which is non-interest bearing, unsecured and due on demand.
(f)	As at August 31, 2016, the Company owes $13,761 (May 31, 2016 - $18,231) to a Director of the Company, which is non-interest bearing, unsecured and due on demand.

(g)

As at August 31, 2016, the Company owes $11,911 (May 31, 2016 - $11,904) to a company controlled by the brother of the former President of the Company that is included in accounts payable.

(h)

On December 7, 2015, in exchange for prior advances, the Company received a $15,256 (Cdn$20,000) promissory note from Enigma, a company controlled by a director of the Company and with whom the Company has entered into a Share Exchange and Royalty Agreement. Effective that date the note started to accrue interest from day to day at a rate of 5% per annum. The note is unsecured, however all amounts owing are guaranteed by a director of the Company. The principal sum and accrued interest are due one year after the note was received. At August 31, 2016, the Company has accrued interest of $560 (Cdn$734) (May 31, 2016 - $368 (Cdn$482)).