Annual report pursuant to Section 13 and 15(d)

Share Purchase Warrants (Tables)

v3.21.2
Share Purchase Warrants (Tables)
12 Months Ended
Aug. 31, 2021
Share Purchase Warrants Disclosure [Abstract]  
Schedule of assumptions in Black Scholes valuation model
    Year ended
August 31,
2021
 
Exercise price   $ 0.0475 to 0.12  
Expected share price volatility     135.5 to 181.4 %
Risk-free interest rate     0.14 to 0.84 %
Expected term     0.6 to 4.45  

  

Schedule of warrants activity
    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     48,342,714     $ 0.4254       38,734,629     $ 0.7119  
Warrants granted     66,496,016       0.1021       19,384,900       0.0824  
Warrants exercised     (14,690,739 )     0.0433      
-
     
-
 
Warrants forfeited     (26,999,167 )     0.7042       (9,776,815 )     0.8675  
Balance, end of period     73,148,824     $ 0.1053       48,342,714     $ 0.4254  

  

Schedule of share purchase warrants outstanding
    Warrants outstanding and exercisable
Exercise price   Number of shares   Weighted average
remaining years
$ 0.0550       8,582,500       2.44  
$ 0.0562       12,846,973       3.33  
$ 0.0800       392,500       2.58  
$ 0.1000       276,512       1.41  
$ 0.1200       47,827,077       3.52  
$ 0.1400       151,785       3.39  
$ 0.1700       293,700       2.25  
$ 0.2300       2,777,777       0.08  
$ 0.1053       73,148,824       3.21