Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Related Party Transactions

v3.20.2
Related Party Transactions
6 Months Ended
Jun. 30, 2020
Related Party Transactions [Abstract]  
Related Party Transactions
10. RELATED PARTY TRANSACTIONS
During the six months ended June 30, 2020, transactions between the Company’s directors, officers and other related parties were related to compensation matters in the normal course of operations and are measured at the exchange amount, which is the amount of consideration established and agreed to by the related parties.
Compensation paid to executive officers for the three and six months ended June 30, 2020 amounted to $218,596 and $453,531 compared to $446,911 and $961,163 for the three and six months ended June 30, 2019.

 
June 30, 2020
   
December 31, 2019
 
   
Number of
Shares
   
%
   
Number of
Shares
   
%
 
John Barker
   
42,714
     
0.06
     
32,714
     
0.08
 
Stephen Randall
   
22,993
     
0.03
     
22,993
     
0.06
 
David McNally
   
4,167
     
0.01
     
4,167
     
0.01
 
John Schellhorn
   
294
     
0.00
     
294
     
0.00
 
Total
   
70,168
     
0.09
     
60,168
     
0.15
 
                                 
Common Shares Outstanding
   
75,581,381
     
100.00
%
   
39,907,681
     
100.00
%