The following transactions are 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.

Six months ended May 31, 2016

The directors were compensated as per their consulting agreements with the Company. The Company expensed a total of $106,600 as management fees to two of its directors, in their role as officers in accordance with their consulting contracts and expensed a total of $2,680 as automobile allowance. In addition, the Company expensed $42,200 as a consulting fee to an independent director for services provided.

The Company expensed $12,400 for services provided by the CFO of the Company and $107,200 for services provided by a Corporation in which the Chief Operating Officer has an ownership interest, in accordance with the consulting contract.

The Company reimbursed $17,190 to directors and officers for travel and entertainment expenses incurred for the Company.

Six months ended May 31, 2015

The directors were compensated as per their consulting agreements with the Company. The Company expensed a total of $104,700 as management fees to these two directors, in their role as officers in accordance with their consulting contracts and expensed a total of $3,000 as automobile allowance.

The Company expensed $11,000 for services provided by the CFO of the Company and $110,130 for services provided by a Corporation in which the Chief Operating Officer has an ownership interest, in accordance with the consulting contract.

The Company reimbursed $46,100 to directors and officers for travel and entertainment expenses incurred for the Company.