Annual report pursuant to Section 13 and 15(d)

Stock Options (Tables)

v3.21.2
Stock Options (Tables)
12 Months Ended
Aug. 31, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of stock option transactions
    Year ended
August 31,  2021
  Year ended
August 31, 2020
    Number of Options   Weighted average
exercise price
  Number of options   Weighted average
exercise price
Balance, beginning of period     9,470,000     CAD$ 1.20       9,808,333     CAD$ 1.20  
Options granted    
-
     
-
      5,220,000     CAD$ 0.10  
Options forfeited     (2,220,000 )   CAD$ 1.14       (5,558,333 )   CAD$ 1.14  
Balance, end of period     7,250,000     CAD$ 0.63       9,470,000     CAD$ 0.63  

  

Schedule of stock options outstanding and exercisable
Expiry Date   Exercise Price   Options
Outstanding
  Options
Exercisable
August 7, 2025   CAD$ 0.085       3,000,000       3,000,000  
November 30, 2027   CAD$ 2.270       950,000       950,000  
June 5, 2028   CAD$ 1.000       3,300,000       3,300,000  
              7,250,000       7,250,000  
Weighted average remaining contractual life             5.5 years       5.5 years