Quarterly report pursuant to Section 13 or 15(d)

Derivative Liability (Tables)

v3.21.2
Derivative Liability (Tables)
3 Months Ended
Nov. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Black-Scholes valuation model
    Three months ended
November 30,
2019
 
Conversion price   $ CAD$0.22 to CAD$0.23  
Risk free interest rate     2.08 to 2.12 %
Expected life of derivative liability     1 year  
Expected volatility of underlying stock     93.9 to 104.2 %
Expected dividend rate     0 %
Schedule of derivative liability
    November 30,
2019
 
       
Opening balance   $ -  
Derivative financial liability arising from convertible notes     130,103  
Fair value adjustment to derivative liability     (35,547 )
    $ 94,556