8. RELATED PARTY TRANSACTIONS

Copper Fox

During the three months ended January 31, 2020, legal fees of $9,457 (January 31, 2019 - $3,304) were paid to Farris, Vaughan, Wills & Murphy LLP (“Farris”). As at January 31, 2020, included in accounts payable to Farris was $8,217 (October 31, 2019 - $Nil). One of the partners at Farris’ is a member of Copper Fox’s Board.

Prior to the completion of the Private Placement announced on February 13, 2020 , a related party shareholder advanced $100,000 to the Company as part of its private placement subscription which closed on March 26, 2020. On the closing of the private placement, the shares were issued to this related party shareholder on the same terms as all of the other parties who participated in the placement. As of January 31, 2020, this amount was included in accrued liabilities on the financial statements.

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