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