Quarterly report pursuant to Section 13 or 15(d)

Diluted Loss Per Share

v3.21.2
Diluted Loss Per Share
9 Months Ended
May 31, 2019
Earnings Per Share [Abstract]
DILUTED LOSS PER SHARE
18. DILUTED LOSS PER SHARE

The Company’s potentially dilutive instruments are convertible debentures and share purchase 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 nine months ended May 31, 2019 and 2018, the following share purchase 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:


Nine months
ended May 31,
2019
Nine months
ended May 31,
2018
Share purchase options 9,808,333 1,508,333
Share purchase warrants 25,633,134 7,034,531
Convertible securities 11,084,020 235,344
46,525,487 8,778,208