Quarterly report pursuant to Section 13 or 15(d)

Derivative Liability (Tables)

v3.21.2
Derivative Liability (Tables)
9 Months Ended
May 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Black-Scholes valuation model
    Nine months ended
May 31,
2020
 
Conversion price     CAD$0.04 to CAD$0.25
Risk free interest rate     0.18 to 2.12 %
Expected life of derivative liability     6 to 9 months  
Expected volatility of underlying stock     93.9 to 231.8 %
Expected dividend rate     0 %
Schedule of derivative liability
    May 31,
2020
 
       
Opening balance   $ -  
Derivative financial liability arising from convertible notes     413,853  
Fair value adjustment to derivative liability     31,532  
    $ 445,385