Quarterly report pursuant to Section 13 or 15(d)

DILUTED LOSS PER SHARE

v3.20.1
DILUTED LOSS PER SHARE
6 Months Ended
Feb. 29, 2020
Earnings Per Share [Abstract]  
DILUTED LOSS PER SHARE
19. DILUTED LOSS PER SHARE

  

The Company’s potentially dilutive instruments are convertible debentures and stock options and share purchase warrants. Conversion of these instruments would have been anti-dilutive for the periods presented and consequently, no adjustment was made to basic loss per share to determine diluted loss per share. These instruments could potentially dilute earnings per share in future periods.

For the three and six months ended February 29, 2020 and February 28, 2019, the following stock options, share purchase warrants and convertible securities were excluded from the computation of diluted loss per share as the results of the computation was anti-dilutive:

   

Three and six
months
ended
February 29,
2020

   

Three and six
months
ended
February 28,
2019

 
             
Share purchase options     9,808,333       9,808,333  
Share purchase warrants     47,709,138       20,996,998  
Convertible securities     36,590,875       10,068,231  
      94,108,346       40,873,472