Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Related Party Transactions

v3.20.1
Related Party Transactions
12 Months Ended
Dec. 31, 2018
Statement [LineItems]  
Related Party Transactions

9.

RELATED PARTY TRANSACATIONS

During the year ended December 31, 2018, transactions between the Company 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 to the Executive Officers amounted to $1,552,367 for the year ended December 31, 2018 compared to $1,587,667 for the year ended December 31, 2017.

Officers and Directors of the Company control approximately 0.30% of the Company

 

     December 31, 2018     December 31, 2017  
     Number of
Shares
     %     Number of
Shares
     %  

John Barker

     31,714        0.15       23,715        0.19  

Martin Bernholtz

     —          —         102,383        0.81  

David McNally

     4,167        0.02       1,667        0.01  

Stephen Randall

     21,643        0.10       11,910        0.09  

John Schellhorn

     294        —         294        —    

Bruce Wolff

     7,610        0.03       2,010        0.02  
  

 

 

    

 

 

   

 

 

    

 

 

 

Total

     65,428        0.30       141,979        1.12  
  

 

 

    

 

 

   

 

 

    

 

 

 

Common Shares Outstanding

     21,675,849        100     12,686,723        100