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EXCEL - IDEA: XBRL DOCUMENT - Grand China Energy Group LtdFinancial_Report.xls
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EX-31.1 - CERTIFICATION OF THE CEO - Grand China Energy Group Ltdexhibit31-1.htm
EX-32.1 - CERTIFICATION OF THE CEO - Grand China Energy Group Ltdexhibit32-1.htm
EX-31.2 - CERTIFICATION OF THE CFO - Grand China Energy Group Ltdexhibit31-2.htm
10-K - ANNUAL REPORT - Grand China Energy Group Ltdform10k.htm
EX-32.2 - CERTIFICATION OF THE CFO - Grand China Energy Group Ltdexhibit32-2.htm
v2.4.0.6
RELATED PARTY TRANSACTIONS
12 Months Ended
Dec. 31, 2011
RELATED PARTY TRANSACTIONS [Text Block]
14

RELATED PARTY TRANSACTIONS

During the year ended December 31, 2011, the Company accrued or paid $159,481 (2010 - $nil) in salaries and consulting fees to senior officers and directors of the Company. Included in accounts payable and accrued liabilities, $105,225 (2010 - $254,800) were payable to the senior officers and directors of the Company. Included in receivable, $24,600 (2010 - $nil) were receivable from a senior officer and director of the Company. Also see note 11.