RELATED PARTY TRANSACTIONS AND KEY MANAGEMENT COMPENSATION

9 Months Ended

Jun. 30, 2025

NOTE 8. RELATED PARTY TRANSACTIONS AND KEY MANAGEMENT COMPENSATION

The Company compensates certain of its key management personnel to operate its business in the normal course. Key management includes the Company’s senior officers and members of its Board of Directors.

Compensation paid or accrued to key management for services during the interim periods ended June 30, 2025 and 2024 includes:

	June 30, 2025		June 30, 2024
Management fees paid to the officers		59,247		57,000
Fees paid or accrued to directors		54,500		37,500
Stock-based compensation (Note 11)		-		3,293,660
Total fees paid	$	113,747	$	3,388,160

On January 31, 2024, the Company entered into a Promissory note Agreement (the “Note”) with a related party. The related party waives the right to receive any interest on the principal amount of the Note and the Note is due on demand. On March 20, 2024, the Company paid back a $125,000 loan to the related party. On April 16, the Company paid back another $125,000 loan to the related party. As of June 30, 2025, loan payable had a balance of $nil (September 30, 2024 - $nil) (Note 7).

At June 30, 2025, included in accounts payable and accrued liabilities is $1,599 (September 30, 2024 - $5,250) owed to current officers and directors.

At June 30, 2025, included in prepaid expense is $45,446 (September 30, 2024 - $30,721) of prepaid compensation to directors.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
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Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

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