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