Quarterly report pursuant to Section 13 or 15(d)

RELATED PARTY TRANSACTIONS AND BALANCES

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RELATED PARTY TRANSACTIONS AND BALANCES
6 Months Ended
Sep. 30, 2016
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]
8.
RELATED PARTY TRANSACTIONS AND BALANCES
 
Due from related parties
 
(a)
As of September 30, 2016, the Company had advances receivable from the Chief Operating Officer (“COO”) and former Chief Technology Officer (“CTO”) for $41,508 (March 31, 2016 - $41,445). These advances are unsecured, bear interest at a rate of 1% based on the Canada Revenue Agency’s prescribed rate for such advances and are payable on demand in Canadian dollars. The Company at September 30, 2016 accrued interest receivable in the amount of $2,224 (March 31, 2016 - $1,148); the remaining fluctuation in the balance from the prior year is due to foreign exchange.
 
Accounts payable and accrued liabilities
 
(b)
As at September 30, 2016, $5,560 (March 31, 2016 - $2,694) was owing to the CEO, $Nil (March 31, 2016 - $3,284) was owing to the former CTO, $5,196 was owing to the COO (March 31, 2016 - $8,812), $71 was owing to the CFO (March 31, 2016 - $116), $664 was owing to our VP US Operations (March 31, 2016 - $Nil) and $17,457 was owing to our Chief Commercial Officer (March 31, 2016 - $Nil), in each case related to business expenses, all of which are included in accounts payable and accrued liabilities.