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Note 11 - Loans - Property and Equipment
 3 Months Ended
Sep. 30, 2020
Notes to Financial Statements  
Loan Commitments [Text Block]
NOTE
11
.
LOANS
- PROPERTY AND EQUIPMENT
 
As of
September 30, 2019
, Brigadier had repaid all the loan balances related to vehicle purchases and had taken out a new loan facilitating the purchase of the Saskatoon office land and building. The initial principal balance was
CD$525,000
(approximately
US$401,000
translated as of the loan date
July 1, 2019)
with an annual interest rate of
4.14%
maturing
June 30, 2024.
The short-term portion of principal for this loan due within
12
months as of 
September 30, 2020
is
CD$18,147
(approximately
US$13,558
) and the long term principal amount due is
CD$485,192
(approximately
US$362,497
). Interest on the loan is expensed or accrued as it becomes due. Interest expense on the loan for the
three
months ended
September 30, 
2020
and
2019
was
US$3,963
and 
US$4,885,
respectively.