5.     Note Payable

On June 15, 2016, the Company entered into a loan agreement with a non-related party for proceeds up to $400,000. During the year ended September 30, 2016, the Company received proceeds of $303,000 on the loan. The loan is unsecured, bears interest at 2.5%, and is due on or before June 15, 2018. During the period ended June 30, 2017, the Company received additional proceeds of $6,000 and repaid $34,068 to the note. As at June 30, 2017, the principal balance on the note payable is $274,932 (September 30, 2016 - $303,000) and accrued interest of $6,685 (September 30, 2016 - $1,289) has been recorded in accounts payable and accrued liabilities.