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Note 16 - Related Party Transactions
 12 Months Ended
Dec. 31, 2020
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
16.
Related party transactions:
 
As at and for the year ended
December 31, 2020,
the Company has the following related party transactions:
The Company has a liability of
$10,968
(
2019
-
$33,000
) to a company owned by a current director and officer of the Company for payment of consulting fees of
$112,200
(
2019
-
$142,000
) by the current director and officer of the Company.
 
The Company has a liability of
$nil
(
2019
-
$9
) to a current director and officer of the Company for expenses incurred.
 
The Company has a liability of
$nil
(
2019
-
$267
) to a current director and officer of the Company for expenses incurred.
 
The Company has a liability of
$6,098
(
2019
-
$19,779
) to a company owned by a current director and officer of the Company for payment of consulting fees of
$45,371
(
2019
-
$76,729
) by the current director and officer of the Company.
 
The Company has a liability of
$7,500
(
2019
-
$22,500
) to a company owned by a current director and officer of the Company for payment of consulting fees of
$95,696
(
2019
-
$100,000
) by the current director and officer of the Company.
 
The Company has a liability of
$12,519
(
2019
-
$30,974
) to a current director and officer of the Company for payroll and bonuses.
 
The Company has a liability of
$1,500
(
2019
-
$5,500
), to independent directors of the Company for payment of director's fees. During the year ended
December 31, 2020,
the Company paid
$8,248
(
2019
-
$9,500
) to the independent directors in director fees.
 
The Company has a liability of
$12,187
(
2019
-
$91
), to an officer of the Company for payment of consulting fees and expenses incurred of
$131,231
(
2019
-
$148,434
) by the officer of the Company.
 
The Company has a liability of
$nil
(
2019
-
$nil
), to an officer of the Company for payment of consulting fees and expenses incurred of
$110,524
(
2019
-
$103,465
) by the officer of the Company.
 
During the year ended
December 31, 2020,
the Company granted
1,250,000
(
2019
-
nil
) options with an exercise price of
CAD$0.50
(
$0.39
) per share, to related parties.
 
The Company expensed
$61,701
(
2019
-
$479
) in stock-based compensation for these options granted to related parties.
 
The related party transactions are in the normal course of operations and were measured at the exchange amount, which is the amount of consideration established and agreed to by the related parties.