Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Shareholders' Equity

v3.21.2
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
Share Capital
Deficit
Total
Beginning balance at Aug. 31, 2018 $ 95,426,796 $ (62,497,396) $ 32,929,400
Beginning balance (in Shares) at Aug. 31, 2018 85,163,631    
Settlement of debt $ 424,604 424,604
Settlement of debt (in Shares) 462,011    
Settlement of liabilities $ 3,313,380 3,313,380
Settlement of liabilities (in Shares) 7,793,557    
Common shares subscriptions $ 12,177,513 12,177,513
Common shares subscriptions (in Shares) 36,397,547    
Share based payment for mineral rights $ 21,000,000 21,000,000
Share based payment for mineral rights (in Shares) 45,000,000    
Share-based payments $ 1,364,086 1,364,086
Share-based payments (in Shares) 1,425,000    
Share-based compensation $ 916,240 916,240
Beneficial conversion feature of convertible debt 728,356 728,356
Fair value of convertible debt warrants issued 753,270 753,270
Net loss (15,787,886) (15,787,886)
Ending balance at Aug. 31, 2019 $ 136,104,245 (78,285,282) 57,818,963
Ending balance (in Shares) at Aug. 31, 2019 176,241,746    
Settlement of debt $ 822,529 822,529
Settlement of debt (in Shares) 19,853,808    
Settlement of related party payables $ 86,996 86,996
Settlement of related party payables (in Shares) 2,356,374    
Settlement of acquisition obligation $ 75,000 75,000
Settlement of acquisition obligation (in Shares) 250,000    
Settlement of liabilities $ 1,624,130 1,624,130
Settlement of liabilities (in Shares) 8,540,789    
Common shares subscriptions $ 3,143,374 3,143,374
Common shares subscriptions (in Shares) 39,001,185    
Share-based payments $ 38,193 38,193
Share-based payments (in Shares) 190,000    
Share-based compensation $ 887,818 887,818
Conversion of convertible debt $ 1,155,059 1,155,059
Conversion of convertible debt (in Shares) 28,016,435    
Beneficial conversion feature on debt extinguishment $ 109,275 109,275
Fair value of convertible debt warrants issued 747,384 747,384
Net loss (12,379,067) (12,379,067)
Ending balance at Aug. 31, 2020 $ 144,794,003 $ (90,664,349) $ 54,129.654
Ending balance (in Shares) at Aug. 31, 2020 274,450,337