Common use of Transactions with Other Related Parties Clause in Contracts

Transactions with Other Related Parties. (i) During fiscal 2014, 2013 and 2012 the following amounts were incurred with respect to the Company's non-management directors of the Company: Professional fees 123,000 126,000 121,750 Share-based compensation - - 1,534,250 As at August 31, 2014, $20,000 (2013 - $32,500) of the above amounts remained unpaid and has been included in accounts payable and accrued liabilities. (ii) During fiscal 2014 the Company incurred a total of $58,300 (2013 - $48,650; 2012 - $48,000) to Chase Management Ltd. ("Chase") for accounting and administration services provided by Chase personnel, excluding the CFO and $4,020 (2013 - $4,475; 2012 - $4,800) for rent. Chase is a private corporation owned by the CFO of the Company. As at August 31, 2014, $3,335 (2013 - $4,085) remained unpaid and has been included in accounts payable and accrued liabilities.

Transactions with Other Related Parties. (i) During fiscal 2014the six months ended February 28, 2013 2015 and 2012 2014 the following amounts were incurred with respect to the Company's non-management directors of the Company: Professional fees 123,000 126,000 121,750 Share-based compensation - - 1,534,250 60,000 63,000 As at August 31February 28, 20142015, $20,000 22,500 (2013 2014 - $32,50051,000) of the above amounts remained unpaid and has been included in accounts payable and accrued liabilities. (ii) During fiscal 2014 the six months ended February 28, 2015 the Company incurred a total of $58,300 32,200 (2013 2014 - $48,650; 2012 - $48,00037,500) to Chase Management Ltd. ("Chase") ), a private corporation owned by the CFO of the Company, for accounting and administration services provided by Chase personnel, excluding the CFO CFO, and $4,020 2,010 (2013 2014 - $4,475; 2012 - $4,8002,010) for rent. Chase is a private corporation owned by the CFO of the Company. As at August 31February 28, 20142015, $3,335 3,635 (2013 2014 - $4,0854,335) remained unpaid and has been included in accounts payable and accrued liabilities.

Transactions with Other Related Parties. (i) During fiscal 2014the three months ended November 30, 2014 and 2013 and 2012 the following amounts were incurred with respect to the Company's non-management directors of the Company: Professional fees 123,000 126,000 121,750 Share-based compensation - - 1,534,250 30,000 31,500 As at August 31November 30, 2014, $20,000 9,500 (2013 - $32,50042,500) of the above amounts remained unpaid and has been included in accounts payable and accrued liabilities. (ii) During fiscal the three months ended November 30, 2014 the Company incurred a total of $58,300 22,150 (2013 - $48,650; 2012 - $48,00014,900) to Chase Management Ltd. ("Chase") ), a private corporation owned by the CFO of the Company, for accounting and administration services provided by Chase personnel, excluding the CFO CFO, and $4,020 1,005 (2013 - $4,475; 2012 - $4,8001,005) for rent. Chase is a private corporation owned by the CFO of the Company. As at August 31November 30, 2014, $3,335 16,135 (2013 - $4,0858,835) remained unpaid and has been included in accounts payable and accrued liabilities.