Loncor Resources Inc. | CIK:0001472619 | 3

  • Filed: 5/4/2018
  • Entity registrant name: Loncor Resources Inc. (CIK: 0001472619)
  • Generator: Compliance Xpressware
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1472619/000106299318001924/0001062993-18-001924-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1472619/000106299318001924/ln-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001472619
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    • ifrs-full:DisclosureOfBorrowingsExplanatory

    12.

    LOAN

    On September 1, 2017,the Company received a loan from an arm’s length party in the amount of $119,565 ($150,000 CDN) that is unsecured and bears interest at 8% per annum and is payable within one year. Total interest accrued on the loan as at December 31, 2017 is $3,188.