Quarterly report pursuant to Section 13 or 15(d)

Derivative Liability (Tables)

v3.21.2
Derivative Liability (Tables)
3 Months Ended
Nov. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Black-Scholes valuation model
Three months ended
November 30,
2019
Conversion price $ CAD$0.22 to CAD$0.23
Risk free interest rate 2.08 to 2.12 %
Expected life of derivative liability 1 year
Expected volatility of underlying stock 93.9 to 104.2 %
Expected dividend rate 0 %
Schedule of derivative liability
November 30,
2019
Opening balance $ -
Derivative financial liability arising from convertible notes 130,103
Fair value adjustment to derivative liability (35,547 )
$ 94,556