Quarterly report pursuant to Section 13 or 15(d)

SUBSEQUENT EVENTS

v3.19.1
SUBSEQUENT EVENTS
 3 Months Ended
Feb. 28, 2019
SUBSEQUENT EVENTS [Text Block]
14.

SUBSEQUENT EVENTS
 
  a)

On April 1, 2019 the Company made a share issuance to Ganz, the Company's President pursuant to his consulting agreement dated June 1, 2018. The Company issued 333,333 common shares for the term December 1, 2018 to March 31, 2019 for his services. The Company also issued shares to a corporation controlled by Thrasher, pursuant to his consulting agreement dated June 1, 2018. The Company issued 180,000 common shares for the term January 1, 2019 to March 31, 2019 for his services. The Company also issued 250,000 shares to Wager, for her services from January through March of 2019.
     
  b) The Company announced the following management changes. Jensen resigned effective April 1, 2019 as CEO. He will remain a director. Thrasher, who served as Executive Chairman and Corporate Secretary of the Board resigned effective April 1, 2019 from these positions. He will remain a director. Ganz, the Company's President, assumed the title and responsibilities of CEO effective April 1, 2019, and will continue to serve as Chairman of the Board. Wager, who was appointed effective October 29, 2018 as the Company's General Counsel and Chief Legal Officer, will continue to serve in those capacities and is also appointed as Corporate Secretary to take over those responsibilities from Thrasher effective April 1, 2019.
     
  c)

See note 4.