Quarterly report pursuant to Section 13 or 15(d)

Reconciliation of Changes in Liabilities Arising from Financing Activities (Tables)

v3.21.2
Reconciliation of Changes in Liabilities Arising from Financing Activities (Tables)
 9 Months Ended
May 31, 2019
Reconciliation Of Changes In Liabilities Arising From Financing Activities [Abstract]
Schedule of liablities arising from financing activities
For the nine months ended

May 31,
2019

May 31,
2018
Balance, beginning of the period $ 2,134,955 $ 2,804,202
Changes from financing cash flows
Proceeds from debt 517,000 1,328,056
Proceeds from convertible debt 5,618,750 5,200,171
Proceeds from officer loan - -
Repayment of long-term loans (497,206 ) (947,720 )
Repayment of convertible loans (400,000 )
Advances from executive officers - 9,196
Effect of changes in foreign exchange rate (21,838 ) (23,277 )
Other changes
Debt settled through share issuance (192,395 ) (4,392,171 )
Conversion of convertible debt (257,082 ) -
Debt applied to notes receivable (120,900 )
Interest accrual - 2,160
Interest capitalized - 446,355
Value placed on warrants issued (557,407 ) -
Value placed on beneficial conversion feature (621,166 ) -
Gain on debt deposit - (50,982 )
Accretion of loan balance 967,382 56,500
Balance, end of the period $ 6,570,093 $ 4,432,490