v3.26.1
Note 11 - Related Parties
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]

11.

RELATED PARTIES

 

Related parties include Directors, officers, close family members and enterprises that are controlled by these individuals as well as certain persons performing similar functions.

 

The Company defines its key management as Directors, Chief Executive Officer, President, and Chief Financial Officer. Remuneration of directors and key management personnel of the Company for the six months ended June 30, 2026 and 2025 were as follows:

 

  

2026

  

2025

 
         

Consulting

 $30,000  $30,000 

Selling, general and administrative

  26,836   29,244 
  $56,836  $59,244 

 

The Company for the six months ended June 30, 2026 and 2025 reimbursed a related party $26,836 and $29,244 respectively, for selling, general and administrative expenses paid on behalf of the Company. The Company incurred $30,000 (2025 - $30,000) of consulting fees accrued to a company controlled by a director of the Company for the six months ended June 30, 2026 and 2025.